Chats and RumorsEconomics
Written By Deb Aspinwall
Saturday Thoughts From Holly
I have had a lot of information that things will be happening soon. There is a lot going on behind the scenes to turn this ship around.
Looks like we are getting to that part soon. All I can say is all are expecting this month to have a lot to happen on all fronts.
There are many scenarios on how and no one will know what one.
Stay positive, keep the faith and keep uplifting your vibrations. Never, ever give up.
-Holly
Dinar Chronicles Exclusive RV/GCR Report– January 30, 2022
(Disclaimer: The following is an overview of the current situation relating to the Global Currency Reset based on intelligence received from several sources which may or may not be accurate or truthful.)
All countries are pushing to implement digital currency via their own central banks to compete with cryptocurrency.
The purpose of cryptocurrency is to serve as a catalyst for a global economic reform.
The push for countries to implement their own digital currency is a precursor to the implementation of the Quantum Financial System.
Each country that transitions to digital currency will undergo a currency revaluation based on multiple factors such as resources and assets.
Recent rumors from anonymous sources suggest that after Iraq successfully transitions to digital currency; the Iraqi Dinar will become so strong that it will surpass the US Dollar and take it’s place as the World Reserve Currency.
All systems are being put into place first before the total removal of the global crime syndicate in order to achieve a smooth transition into the new paradigm.
The Earth Alliance is actively countering the syndicate’s moves to destroy the systems being put into place.
GESARA and the Quantum Financial System are the two key factors to bring forth the new paradigm.
GESARA is the initiative to bring about monumental governmental changes worldwide.
The Quantum Financial System is the next evolution of the global economy.
The current financial system is on its final leg as it begins to fail and proves to no longer be a viable system for the global economy.
A black swan event is expected to occur soon which will break the current financial system.
The best course of action for everyone is to survive and resist while the Alliance works behind the scenes.
https://dinarchronicles.com/2022/02/01/dinar-chronicles-exclusive-rv-gcr-intel-full-report-2/
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Down the Rabbit Hole to Dow 65,000 with Martin Armstrong
Kerry Lutz Financial Survival Network: Feb 2, 2022
Summary: Global health restrictions are somewhat declining—is this a net plus for the economy, or are we too far down the rabbit hole for it to make a difference?
I have Martin Armstrong on the show to discuss what’s to come for the economy; we are in a unique situation, and in this episode we discuss different economies across the globe and potential outcomes.
Highlights: -Global health restrictions are somewhat declining—is this a net plus for the economy, or are we too far down the rabbit hole for it to make a difference?
Keynsian economics has completely failed—raising/lowering interest rates and increasing the money supply isn’t helping our cause -International flows are still coming into the market and chasing stock –
There has been a collapse in the confidence of the government
Shocking Truth -- 97% of The Money in America is Created by The Banks
The Nomad Economist: Feb. 4, 2022
Because 97% of the money in America is created by banks, someone must pay interest on nearly every dollar in the circulation.
This interest redistributes money from the bottom 90% of the population to the very top 10%. The bottom 90% of the US pays more interest to banks that they ever receive from them, which results in a redistribution of income from the bottom 90% of the population to the top 10%.
Collectively we pay 500 Million Dollars every day in interest on personal loans alone , not including mortgages, and a total of 2 trillion Dollars a year in interest on all our debts.
The entire money supply is effectively ‘on loan’ from the banks. This means that interest must be paid on most of the money in the economy. This interest transfers income and wealth from the bottom 90% of the population to the very top 10%.
By allowing our money to be created by banks as debt, we have created a system that guarantees that inequality will get worse. Money created by banks pushes up house prices. But it’s the wealthiest who benefit most from these rising prices.
For those on lower incomes, or younger people who haven’t bought their first house, rising house prices push up the cost of living, leaving them with less disposable income and a lower standard of living. So rising house prices, fueled by money created by banks, makes the gap between the richest and the rest of us even bigger.
A similar thing happens in the stock market. Money created by banks can fuel stock market bubbles, but because the wealthiest 5% of households own 40% of the assets in the financial markets, this benefits the very richest, and has limited benefit for everybody else. The gap gets even bigger. \
It is a transfer of money from the real economy to the banks Businesses are also in a similar situation. The 'real' (non-financial), productive economy needs money to function, but because all money is created as debt, that sector also has to pay interest to the banks in order to function.
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