Eventually that is a sure thing. But people have to experience the real pain of government currency failure first. It was a poor idea from the start but historically almost universal--also historically universal in failure, just a question of time.

We could be looking at an economic crash and money (paper money) will be worthless. Barter and trading services might be the only way for the average citizen to live.

we lived through the golden age. the great reset is going to take away a lot of that until its resisted (hopefully successfully) by freedom loving people. Life wasnt so bad in the past, and its been a lot worse since 2020 and the biden regime took over. Previously, when Trump was president, we have low inflation, energy independence, russia and china under control, great economy, and many other things that are gone NOW with biden

Great reset means, IMHO, that we retreat the culture back 150 years in terms of economic life, remove basically all cultural norms and replace them with woke ones and the leftist elites in power.

I like FrankSpeech.

You are a great patriot Bobsprinkle and I always enjoy your view point but FOX has a few great people but it is controlled opposition. A couple sources I would suggest is
https://x22report.com/all-x22-reports/ Daily briefings. And https://rumble.com/user/pgunnels
You will get more info in one viewing than FOX gives in a year. Peace to Q

You might want to try FrankSpeech. Brannon Howse is on every night, and he's awesome.

There are many that think everything is going to be fine. And those are not paying attention. I a on this computer and websites first thing every morning with a cup of coffee. I am a Fox news junkie. At my age I cannot get out to do a lot.

I'm glad we're on the same side. You'd be amazed at how many people have no idea what is happening. They think everything is going to be fine.

wait a minute bsudell...I was just being a little fatalistic. Just back off. I am full of hatred for this current government. They are killing the greatest country in the world. A government I gave 5 years of my life to. I will forfeit whatever life I have left to defend it. So back off dude. I think we are on the same side.

It is what they ARE doing.

that is what it seems they would like to do.

What does that mean? I've had a good life; I'm ready to let the government kill me?

Absolutely. And get in our own financial system without them.

I think Americans should wake up and get into another financial system without the Feds.

well....whatever happens, I am kinda surprised I made it to 75 yr old. I wasn't sure I would make it thru the 60's.

Simple solution to all of this. Throw out the Federal Reserve unelected bureaucrats.

Galt Date: November 18th
Shrug Job commences shortly thereafter.
Happy to do my part.

You are watching the systematic implosion of the old guard. The whole corrupt temple is going to crash on their heads.

Yes, but the article just spreads the propaganda that there is nothing the fed can do.
They have a solution, but it solves the problem at the expense of the thieves in the fed, which isn't what the fed wants.

Maybe so if Xi convinces enough CCP cohorts that a distraction from economic and "zero-covid" lockdown failures is needed.

Yes, there are alternatives to FED acting independently against inflation or deflation (chiefly by raising or lowering interest rates).

Giambruno's main point, I thought, was that the FED only has so much leeway in raising interest rates to an effective degree--as that would cause debt service of the national debt to go up proportionally.

Very soon, at present and proposed velocity of interest rates' increase, national debt service consumes ALL taxes, leaving nothing for alternate government expenses (even for what some here might regard as legitimate--chiefly military defense and the border enforcement that isn't currently happening).

Q: Why must the fed play by those rules?
A: Because the bankers and elite are protected from destruction by this.

The purpose of higher interest rates is to slow credit creation.
Higher rates mean fewer people can qualify for loans and less money is created.
Loans are the only way that money is created in the system.
Higher rates also mean more profits for bankers.
They get to steal from everyone else by creating loans from nothing.
Bankers are NOT loaning their own money when they create loans.

There is an obvious alternative.
Con-gress can restrict bank lending without increasing interest rates.
They can pass legislation that increases the percentage of assets banks
must retain compared to outstanding loans.
That reduces credit creation without higher interest rates.

Why don't they do this?
Banks profits would be reduced and banks would not be able to steal as much from the People.
Can't have that.
Government spending would also likely be reduced.
Can't have that.

Better to bankrupt the People and make them slaves to the elite.

That has been the plan ever since the bankers met in secret in 1912
and their corrupt con-gress created the federal reserve act in 1913.

then the Taiwan war will start (or restart)

Speaking of "rug pulls," has anyone noticed how quiet the financial press has been of late re Chinese mortgage payment refusal protests and financial problems of Chinese property developers/their lending banks?

Don't be surprised when a major international financial earthquake soon starts in PRC. Why are five of the biggest state-owned PRC companies suddenly delisting from US stock exchanges over refusal to document assets?
https://www.reuters.com/business/fina...