PROGRAMMABLE CURRENCIES — The Pathway To Your Enslavement

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May 8, 2023

by TheDarkMan, The Duran:

Cheques (or checks in American parlance) have been with us a long time. Although they take a while to clear, they are safer to use than cash, especially for large purchases. At one time, ordinary people, especially women, would not be issued with chequebooks by their banks. Cheques have two big advantages over cash. If you sign a cheque for a thousand dollars then lose it or it is stolen, you simply put a stop on it with your bank whereas if you lose cash, it’s usually gone forever. Cheque payments can also be traced, so again, they are safer than cash.

CBDC – The Real Target

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SGT

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May 8, 2023

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by Martin Armstrong, Armstrong Economics:

A lot of people somehow think that the move to Digital Currency is a completely new monetary system, It is targeted to eliminate cash transactions so everything is taxable and nothing can be hidden from our overlords. If we look at commerce in the United States during 2022, 82% of all transactions were digital – Debit cards (20 percent), credit cards (30 percent), and digital wallets 32 percent. That was e-commerce.

RIGGED [AGAINST YOU]- US Dollar Imploding

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May 8, 2023

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from Stew Peters Network:

TRUTH LIVES on at https://sgtreport.tv/

🔴 Economic Data Confirms Entrenched Inflation- Ep 893

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May 8, 2023

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from Peter Schiff:

TRUTH LIVES on at https://sgtreport.tv/

Central Bank Gold Buying Off To A Record-Breaking Start In 2023, Led By Singapore

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May 8, 2023

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from ZeroHedge:

It may not be the off the charts gold buying observed in the second half of 2022, but central bank Central bank gold buying made a blistering start to 2023 when according to the latest report from the World Gold Council, demand for the hard currency by the world’s money-printing authorities reached 228 tonnes in Q1, a 176% increase compared to the 82.7 tonnes one year ago. While lower than the figures seen in the previous two quarters this was nonetheless the strongest first quarter on record. According to the WGC, “this is all the more impressive considering it follows the record-breaking pace of demand last year.”

More Troubled Banks

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May 8, 2023

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by Paul Craig Roberts, Paul Craig Roberts:

As I reported at the time, the banking crisis is not limited to Silicon Valley Bank. Silicon Valley Bank’s failure was followed by the failures of New York Signature Bank and First Republic Bank of San Francisco. Now three more banks have had their stock prices collapse–Western Alliance, PacWest Bankcorp, and Metropolitan Bank.

As I have emphasized, the Federal Reserve’s higher interest rates are the cause of the bank troubles. The decade of zero interest rates left banks with portfolios of low interest rate assets on their balance sheets. As the Federal Reserve raised rates, these assets declined in value. Depositors saw that the banks were technically insolvent and withdrew funds. Others withdrew funds because they can now get higher interest rates from money market funds.

Where Not to Be in a Crisis

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May 8, 2023

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by Jeff Thomas, International Man:

For many years, there have been those who have been prognosticating an economic crisis – not just a recession lasting a year or two, but a full-blown Greater Depression that would eclipse any major event we’ve seen in our lifetimes.

That may appear to be an overstatement, but historically, it’s the norm for a time of major upheaval to occur every eighty years or so. And although some of us began analysing and commenting on the Greater Depression many years ago, it’s clear to all of us that we’ve now entered the leading edge of the crisis.

Banking Time bomb as Dominos begin to fall, Economic Collapse & the BRICS w/ Harley Schlanger (2of2)

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May 8, 2023

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from Sarah Westall:

TRUTH LIVES on at https://sgtreport.tv/

Liberal Utopia: Two-Mile-Long Vehicle Encampment Spotted In California

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May 8, 2023

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from ZeroHedge:

The growing number of homeless encampments has spread like wildfire throughout the San Francisco Bay Area. For years, lawmakers in the state have implemented progressive policies that have backfired, sparking a multitude of crises, including soaring crime, rising homelessness, out-of-control drug overdoses, and population and business exodus.

One of the latest examples of implementing failed progressive policies is the inability to effectively address the homelessness and drug crisis on a two-mile stretch of road in Marin County, California, overrun by cars, tents, RVs, and trailers parked on the side of the road.

Homeless Encampments Are Exploding In Size All Over America As Rents Soar And Evictions Surge

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May 8, 2023

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by Michael Snyder, The Economic Collapse Blog:

Communities all over the United States are being taken over by giant homeless encampments, but we are supposed to believe that this is perfectly normal. The Biden administration is trying very hard to convince all of us that the economy is in fine shape even though many of our most prominent corporations are currently conducting mass layoffs and even though Challenger, Gray & Christmas is telling us that the number of jobs cuts during the first three months of this year was up 396 percent compared to the same period last year. Just like in 2008 and 2009, large numbers of people that have lost their jobs or their businesses are ending up living in the streets, and as a result homeless encampments are absolutely exploding in size from coast to coast.

US Debt: Net Interest to Exceed $700B by November

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May 8, 2023

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by Peter Schiff, Schiff Gold:

The chart below shows the gimmicks the Treasury has been using to manage the debt while the debt ceiling keeps a lid on new issuance. The primary gimmick used is pillaging government retirement funds which hold non-Marketable debt. In April, the government replenished some of what has been taken by retiring public debt (mostly short-term) as tax receipts increased cash available to the Treasury. They will most likely tap back into this next month as the government gets closer to running out of money.

Unmasking The Great Reset: Schwab, Gates, and the Sinister WEF Plot to Depopulate the World using COVID Vaccines & Climate Change Lies as a Recipe for Disaster

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May 8, 2023

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by Rhoda Wilson, Expose News:

In a world shrouded in suspicion and scepticism, where power seems concentrated in the hands of a privileged few and giant corporations, critical thinkers are raising questions about the intentions and actions of prominent entities such as the World Economic Forum (WEF) and renowned figure Bill Gates.

Whispers of a grand conspiracy suggest that under the guise of “saving the planet,” a dark agenda to depopulate the world may be unfolding.