👉China Threatens to Dump US Debt and Crash The Dollar

👉China Threatens to Dump US Debt and Crash The Dollar






China wants to sell 20% of its US treasury holdings and threatens to sell all of its holdings in case of a military conflict. Twenty percent that's around $200 billion. We generate that kind of debt in about a month these days. Can’t blame them. The US is a bad investment. And we’ve printed enough currency to make their holdings worthless. The Fed and other central banks will mop up the treasuries in an afternoon. We've thrown 6 trillion at the virus this year alone. But if the rest of the world senses China is dumping treasuries, then they will likely follow suit. The last one to leave the table gets stuck with the check. So billions can become trillions dumped. Yes, the Fed has monetized three times as much debt as China holds in the past three months alone. But no commercial banks bought the debt, and the FED created bank reserves in exchange for the treasuries. This was not inflationary, but if China sells 1 trillion, you can't give them bank reserves, which can create huge problems for the US. In the last few years, Russia has quietly dumped almost ALL of its Treasuries. Russia Tapered back US T-bond holdings and bought gold and other real assets with the proceeds from the sales. This is the other shoe I've been expecting to drop. It will be the rest of the world that finally brings fiscal discipline to the FED with a monetary "vote of no confidence." If this happens with gusto, the USA is screwed. No need to bother with an armed conflict in the South China Sea, the Mid East, or Eastern Europe. China has been steadily diversifying out of dollars into other currencies, hard assets, and gold. That trend will continue as the dollar reserve status steadily erodes. China is now the world’s biggest consumer and producer of gold. They will spend their fake fiat dollars to buy real things. The Chinese are already buying up the world, in Africa, Australia, Canada. They have been buying farmland, real estate, mines, and businesses around the world. They've been buying gold for the past decade. They've bought gold mines and mining companies. Divesting of the treasuries was expected. China was already gradually selling these securities. Another positive step in the decoupling process. Likely China's sale of Treasuries will consummate decoupling that's already underway. The assets China wants to buy from the US are prohibited for sale. The US is expropriating Chinese businesses (TikTok) and waging economic warfare (Huawei). China was using its US dollars for foreign investment. The US is closing that loophole, and the US dollar will become worthless to China - so they will stop accepting them! China owns a third as much as the Fed printed this year. Insane but true. They will convert soon to be worthless US debt notes to gold. Gold is still cheap. The Fed will buy them T Bills with freshly printed fiat conjured out of thin air. But what if no one accepts the dollar? This should be a lesson to everyone about US treasuries and the value of the dollar. Fifteen years ago, a trillion dollars owned by China was big news and was a huge asset to China. Now a trillion is nothing, worthless in relation to the Fed typing in five seconds worth of digits on a keyboard. I took longer to make this video. Powell will be printing hand over fist, and the US Dollar will implode. Why would anyone want US dollars? Get rid of them and buy tangible assets. Buy some gold, silver, land, new shoes. Anything. It is hard to imagine now that the dollar is reduced to 2-3% of its 1913 purchasing power. How much can actually be left, or do we just pay $35 for a big mac and 2 million for an average house, or will homeownership be a thing of the past?. The dollar has been debased by a factor of at least ten in 50 years. The FED is monetizing debt at the rate of probably tens of trillions monthly already to prop up an incredible amount of bad debt and overvalued stocks. The US financial is an unmitigated fraud, and while the Fed has thus far been able to ward off cataclysmic disaster, this time they’ll be rendered impotent, as China and other countries wean themselves from the Dollar, selling treasuries and making global transactions in their own currencies, causing a dollar crash. The World is insane to be holding any sort of US paper. It is worthless. The USA is a deadbeat borrower who can't be trusted to pay its debts, live up to its word, or obey the law. Think for a second what a $2 trillion loss would do to the City of London and Wallstreet. Of course, the Fed can bail them out too, but the financial tremors would make the 2009 Global financial crisis look like a walk in the park. Might as well let the Fed be the biggest holder of US debt. It already owns the stock market. The new Communist system pretending to be the Capitalist we have in America is the real laugh. Soon enough, the only buyer of Treasuries will be the Fed. They've been the only buyers for the past 12 months. And will also be the first to buy at Negative Interest Rates. The Fed will try to save the dollar by printing more dollars. It has been so long since there has been any semblance of price discovery but let me have a stab at it. If something is in less demand, then the price of that thing will fall to meet a price where demand is in equilibrium with supply. So if fewer people want the dollar, then the dollar will fall in price to meet the new demand level. As the dollar falls in price, then things priced in dollars go up in price, reflecting the weaker dollar. In order to save the dollar, the Fed will have to try to create the price equilibrium to stabilize the value of the dollar. That means they will print as many dollars as needed to save the dollar because the same result occurs without printing, so you might as well print. Yep. A mathematical certainty. If China sells all of its US Treasuries, The Federal Reserve knows exactly what to do: To Print Money! That's right, print, print and print until every last treasury is purchased, all of them. Of course, by then, a loaf of bread will cost $679 FRNs, but never mind that because the stock market will also explode upwards exponentially! All of y'all will be millionaires! Don't hold your breath! The Fed is printing hundreds of trillions out of nothing, yet we see no hyperinflation yet. Why? Because inflation is being exported. America's number one export is inflation. The printers only work if other countries want their debt denominated in our currency. Otherwise, the Jig is up. I hope you're paying attention. When the day comes that the US Dollar gets ditched, I expect that the people who are the most shocked will be the Americans. The rest of the world will shrug. End of the story for the US as a superpower. Maybe a few chapters left. We knew this was coming next. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Last month, the Chinese Communist Party had a big meeting. The outcome was a new policy to prepare for the end of relations with the US. The orders were to stockpile petroleum, stockpile foodstuff, and to sell off US dollar-based holdings. Another policy order is not to allow new US firms to set up operations in China. The plan to cut US treasuries to $800 billion is cover to sell off all US dollar-based securities. It is fluid; it also depends on who wins the American elections. If the Chinese do not buy the trade agreement $200 billion from the US, then by Jan 1st, 2021, a new higher round of tariffs will be placed on Chinese goods. It doesn't look like the Chinese will meet the goal of $200 billion purchases of US goods. The recent trade deficit with China is higher. The Chinese are moving from trade war to currency war to preparations for war. The U.S. trade deficit surged 18.9% in July to $63.6 billion from an upwardly revised $53.5 billion in June. This is the widest trade deficit since 2008. All the power and privileges the US Dollar enjoys stems from the rest of the world wanting it. It will crash as soon as the world wants something else in exchange for their goods. Then it will crash. In fact, it’s crashing before our eyes. Your mind just believes there is no inflation or 2% like the Fed claims. America made critical suicidal mistakes by allowing foreign countries to dump their products, mainly Asian cars, followed by all the electronic products from Japan and China. Of course, we have no one to blame but the greedy American corporations that sent our jobs and factories to China. It also doesn't help that flag-waving American's are buying those imports, further destroying their own jobs and future. The only thing that can save the US economy now is re-establishing the commodity mass production, as seen in the real boom years. Agriculture, base metal production, precious metal mining, new oil & gas discoveries (away from shale), etc. Manufacturing goods domestically and becoming a creditor nation again. Make lunch and eat it instead of demanding a free lunch off others. It takes people producing stuff more than consuming to service debt. On a relative basis, we have not done that in the USA for decades! The Anglo super-elite has very, very poor thinking abilities. They set up China as the world factory and put all the eggs in one basket, all in the name of globalization scam. Instead, if they got the brains, America could have a diverse source of the supply chain from South East Asia, South Korea, Taiwan, India, Mexico, South America, and Africa. These supply chain countries will own US treasury bonds in a well-distributed balanced global finance. By putting all eggs in one basket, which is China, the greedy, no brain Anglo super-elite are just asking to be SHOT AND KILLED BY CHINA. China is a creation of the globalist elite from London, that sold out America and exported US manufacturing to engorge some fat cat billionaires from Wall Street. Globalization scam has been sold by the last several Presidents, Congress, both Teams, and Main Stream Media. It's literally a scam to make a few people super-wealthy. The West created today's China by allowing corporates to outsource to China due to their own greed and not having the foresight to see the negative effects that would have. Kissinger, Bush, Obama, Clinton, Biden, etc.. have all made deals with China to sell the US down the road to globalization. The Anglo super-elite Predator Class transported US factories to China to make billions on wage arbitrage. The money is in the Cayman Islands, and the factories are in China. The West now faces a powerful and highly nationalistic adversary that does not share a commitment to the rule of law and human rights. China can be weakened by severely reducing that outsourcing, but it seems clear that it will react militarily. If the West initiates a permanent move against the CCP within the next two years (removing the vast majority of its investments and manufacturing reliance), the CCP will collapse. If we do not do that, the West will collapse within five years. It's our choice. Reports are China now has the largest navy in the world. I suspect they could take Taiwan without a fight from us. The point is, the Modern Monetary Theory based upon world-wide credit/leverage in dollars has done more than build our life-style bubble. It builds China’s bubble, and they have more ability to plan and initiate than we do to their authoritarian hold on government. We celebrate our success. I hope we don’t wind up regretting it. CHINA versus the USA or we can say it "COLD WAR 2.0". From the banning Huawei to TikTok, Now the USA shutting down Chinese consulate in Houston, and CHINA shutting down USA consulate in Chengdu. The USA using its main Ally, INDIA, against CHINA in ASIA and CHINA, now getting the most rival country against the USA, which is IRAN, by investing 400$ Billion in its own currency. CHINA is making military bases in the South China Sea to counter the USA allies in US Indo-Pacific Command. And the USA is making allies against CHINA in Indo-Pacific Command by making QUAD Group. USA is basing CHINA openly and saying BRI as a deadly way to occupy any country, and CHINA using Wolf Warrior Diplomacy and openly based on the USA as well. This situation starts from the trade war, and now it converting to COLD WAR 2.0. IS THIS HAPPENING AGAIN? A NEW WORLD ORDER IS COMING? This was The Atlantis Report. Please Like. Share. Subscribe. Leave me a comment. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉US Debt to GDP Worse than Italy on The Way to Turn Full Japan

👉US Debt to GDP Worse than Italy on The Way to Turn Full Japan





A huge budget deficit, Future massive money printing, QE infinity, sub-zero interest rates, and operation twists guaranteed, QE flowing directly into the stock market, Cities collapsing, Pandemic, debt exploding, massive unemployment, earnings down, riots & looting, societal chaos, death destruction & mayhem in the streets! The economy is already destroyed. Time for a reboot because the Titanic already hit the iceberg. Getting everyone to admit this is another story. Trump has added in 43 months $8 trillion debt. We printed $2 Trillion and gave it away. All that money is bubbling up somewhere. The FED is out printing currency out of oblivion, robbing us of our purchasing power since 1913. Had all of this stimulus gone to the people and infrastructure needs, we might have actually been in the midst of a renaissance. Instead, all those trillions are resting soundly in the clutches of JPM, Morgan Stanley, Goldman Sachs, Boeing, Lockheed, etc. It was a massive robbery. Over 600 billionaires got around $700 billion. Both parties promised an infrastructure build before the election. We never got it. The first stimulus was hinted at but nothing. It was a robbery. We the people got peanuts. The reason why there is low money velocity is that the treasury prints the money and deposits into the too big to fail banks who simply sit on the money and either buy risk-free, low yield assets like Treasury bills ; or fund high-risk high reward IB activities. Either way, the too big to fail banks are not functioning as actual economic lenders to the main street market that actually causes expansion of the economy. Everybody knows this. It's a Ponzi scheme to keep the elites and bankers liquid and everyone hustling to make a crappy living. The money only goes to rich insider fatcats to cover their gambling losses and top off their tanks so they can buy up everything (they don't already own). Everybody else is broke. By initiating lockdowns, all we are doing is extending the economic damage over the span of years instead of months. They now have a reason for an economic downturn and an excuse for bunches of future bailouts. The Fed's goal is to re-inflate the bubble economy. The bubble is about to pop. A dollar denominated debt bubble. Bubbles are created by over-leveraged debt-based currency. Gold-based currency is the great neutralizer, but, to be effective, it has to circulate, or there is no proper comparison for the utility value. Bubbles ALWAYS pop. It's either that or the world dumps our dollar, and the reserve status disappears, all confidence lost, and the dollar crashes. The US has the world's reserve currency, so as long as the world keeps allowing Fed policies to go unchecked, and they remain confident in the Fed, then this shitshow can last years. However, since they can't normalize rates, nor stop pumping trillions into the market to keep it afloat.The question isn't how long will it last, but how bad will the inevitable collapse now be. Also, recessions happen about every 8-10 years. We started back in 2016, and it's now been propped up. October GDP numbers fall, and businesses are closing at record numbers .So they will have to double down by the first quarter of next year. The 2nd quarter will tell the tale. It will all unravel by 2021, and the confidence in the Fed will be winding down. We have the most to lose when the world abandons the US Dollar as its reserve currency. It’s already happening in international agreements. The dollar is on life-support, and there’s nothing any of us can do about it. Most of our inflation currently has ended up in asset prices, but it will eventually end up in consumer goods. Eventually, this leads to Venezuela hyperinflation. It basically depends on whether we see a big crash followed by serious deflation, followed by inflation later, or whether we just go straight into inflation now, and gold and silver go to the moon, sooner rather than later. Then there's also the manipulation in the precious metals markets, especially silver. Either way, I'm bullish on precious metals long term. Inflation is the stick that drives the free market toward the karat. Because the free market is the only segment of the overall market that can legally and safely monetize gold and bring market gold currency into circulation without a total debt bubble pop, now that we price these modern markets in REAL-TIME. What's required is a nice safe, and sane debt bubble leak, so the process for gold's entrance has to be organic from the bottom-up. This is ingrained in the law. This now gives the stage to the consumer. More reason to load up on gold, silver, farmland, etc... This is how you will be able to hedge against this oncoming tidal wave of worthless fiat currency. Real estates are a double hedge against inflation. The debt is a hedge, and the property itself is a hedge. However, there's overhead. Taxes and maintenance. You've gotta do the math. Buy assets things that hold value. At least as the dollar is rising, these things will increase in value—things of use. The system we have in this country has a life span. When you see bread lines, you know it's pretty much over. Sooner or later, we must end the party and start paying the debt. Two alternatives: a major holder dumps Treasury securities or we hyperinflate. Neither is good! All these are excellent news for stocks. The Market is at ALL-TIME RECORD HIGHS! Feds will have to print a lot more dollars. The market's always up in Zimbabwe! When The dollar craters, that means everything priced in dollars is going to skyrocket, including stocks. That means you are just going to take all your so-called gains and buy yourself a nice new loaf of bread. The stocks will not crash in dollar terms. Yes, the bond market is in a bubble because of inflation, but stocks will crash in terms of gold. I see the Dow-to-Gold ratio getting back to One. See Venezuela and try to learn something. Yes, Venezuelan stocks went up in lots of bolivares. But what could the bolivar buy? Squat.everyone’s a millionaire in Venezuela. Zero-interest rate policy forces investors out of bank accounts and Treasury securities in search of yield. That is one of several factors boosting stock prices when fundamentals are sketchy at best. What some people don't understand is that the stock market could double on all of this money printing, but it is still going down. It goes up in Dollar valuation but down versus Gold at the same time. What happened if the stock market doubled after printing so much excess money, but the price of gold quadrupled or quintupled? It's going to be a safe bet . The Precious Metals will outperform the stock market by far since high inflation is a headwind for the shares, that have to make up with their dividends for extra inflation percentage. The Fed is not in the position to chase inflation by raising interest rates. And how many stocks arent even paying any dividends and are way up. What happens if inflation soars, investors must pull out if they can't pay high enough dividends. Speculative positions like Tesla, in the example, could go into a waterfall decline. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The US GDP fell back to 19.5 trillion in the second quarter of 2020. Current government DEBT equals $27 Trillion and GROWING EXPONENTIALLY. So in 2019 - GDP was $21.6 Trillion. Debt to GDP equals 123.6% TODAY. Excluding social security, debt to GDP is 98%. America's debt has soared past 26 trillion dollars and is now expected to leap by several more by the end of the year. This debt surge would have been unimaginable just a year ago, and adding to our woes is the road ahead appears bleak. The clock provided by the US Debt clock website provides a great deal of insight and information. A seldom and underused feature appears on the right side of the top line. It is labeled Debt Clock Time Machine. The real economic growth cannot be positive when the debt-to-GDP rises. Debt-to-GDP is already rising, and they think more debt will improve the economy? Surely not possible. The horse left the gate 15 years ago. No way out of this mess without some rescheduling of US government debt. We were turning a full Japan and made Italy and Greece looked creditworthy. It will be mathematically impossible to control the debt. The US will eventually default; the dollar will be worthless. That's what happens when you operate on a debt-based system. Of course, the official numbers are B.S. they all are. The numbers are all lies; they lie about the GDP and lie about the debt. No telling what the true numbers are. The books are cooked. So let me get this straight. Our GDP BEFORE the crisis was approximately $21 trillion. Our economy has shrunk this year by about +30%, and our debt is at $27 trillion. The math simply does not add up here. 27/21 is around 130%. And when you take into account a 30% reduction of GDP (27/14), the GDP to debt ratio is over 190%. What 107% debt ratio are they talking about? Our national debt has grown to such heights that today every US citizen is born owing $80,000. Meanwhile, our collective mortgage debt stands at $13 trillion, corporate debt is $10 trillion, student debt is more than $1 trillion and consumer debt exceeds $4.2 trillion. At a time when the government, in its wisdom, has just completed a program to pay over 30 million workers to not work, the "false economy" tag sticks like glue. Today, the illusion the economy continues to work its way forward is completely based on "government deficit spending" coupled with the Fed's very easy monetary policy. Much of any perceived growth is because all the money being printed has to go somewhere. Sadly, economic growth does not guarantee a healthy economy. Every dollar created is debt. That's the problem. You can't fight too much debt with more debt. The Fed is getting ready to say, Hold my beer. What prohibits the Fed from in one keystroke creating every dollar necessary to pay off all the debt? The dollar would be crushed, of course, but there would be no debt. They will never pay the debt off. They will just continue to devalue the dollar and see how far the military can maintain dollar dominance. Money is already beginning to lose its meaning. It's really quite simple. Money can be printed, but wealth cannot be. Printing money only serves one purpose. To transfer wealth to the bank cartel. Inflation and debt distress assets, which are then bought on the cheap by the bank cartel with money created out of thin air. And yet you still do not want physical gold or silver in your portfolio! Invest in anything that isn't fiat currency. Who could have predicted the QE was flowing directly into the stock market. It seems the FED had plenty of "tricks," not tools to keep inflation at bay, using an SPV with Blackrock to literally BUY junk bonds and put them on the FEDs balance sheet? They are out of tools and tricks- unless they go FULL Fascism and just own the entire means of production...of which is the lowest since WW2. From here forward, all this money printing will wind up in the hands of the public and, unfortunately, will see the massive inflation. Be careful what you wish for. It will not be pleasant. One thing we know for a fact is that the trajectory of debt over the next few decades is far, far higher and is also why it is virtually assured that the US will not avoid the one trigger event that on previous occasions has EASED an unsustainable US debt burden. And that is war! This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!

👉De-Dollarization,Cashless Society,Digital Dollar : What's The Future of The King Dollar ?

👉De-Dollarization,Cashless Society,Digital Dollar : What's The Future of The King Dollar ?






De-Dollarization,Cashless Society,Digital Dollar : Is this The End of The King Dollar ? The US Dollar became the reserve currency of the World after a golden century for America, the 1800/1900. The US was the biggest manufacturer, had some of the lowest cost to manufacture, but still had one of the highest living standards, had annual surpluses, very low debt, had amassed most of the gold in the world with the help of joining two world wars at the end with minimal casualties, but just in time to capitalize on the victories and take in a lot of resources, factories, scientists and influence. The Dollar was backed by all of this manufacturing might and capital. Eighty years later, and the US has become the largest debtor nation in the history of the world.Hardly any manufacturing, bankrupt states, pension systems, mathematically unsustainable deficits.$20 trillions were printed in just the last six months. On top of that, the US is now using this currency to put sanctions all over the world and put pressure on other countries. And the US political class is the biggest liability, instead of urgently redirecting their efforts to train the young generations to work and save, they're busy exploring the number of genders, looking for non-existent racism and sexism and rioting against the order. The USA is now in the habit of slapping all kinds of financial sanctions on whoever it disagrees with. The latest US threats of financial sanctions are against Germany over its Nord Stream 2 pipeline from Russia. The USA is now sanctioning various Chinese companies and individuals too. The US dollar isn't just about economics and business anymore. It's about politics too. And in politics, people deliberately try to damage each other and cause all kinds of problems, which is something more to be concerned about, than unintended harm, caused as a side-effect of something else. When people deliberately try to hurt you by design, then this is something to be more afraid of than unintended harm. Because an especially designed harm for your situation and deliberately done is likely to hurt more and cause more damage. And ordinary Chinese probably now feel more comfortable traveling to Europe for tourism and education than to the USA. This could be another reason why they might converting their US dollar holdings into Euros. There is also talk in the USA of delisting Chinese companies from the US stock markets. So overseas Chinese investors might be selling their shares in these companies and converting their money into other currencies. Mixing politics with business is bad for business. And the USA is now mixing politics with business in international trade more than any other country. This is bound to have widespread economic effects. Because this isn't just relations between the two countries, this is between the USA and the rest of the world. Now you will understand why de-dollarization will destroy America and why they will sooner destroy US Dollar opponents if they could. With money already really devalued as well as keeping the corporate-financial scam on its feet and covering lost fantasy bets and profits made out of thin air, they bought real assets to get their asses covered. The real market, not the fantasy one, perceives the devaluation of a currency late and accepts waste paper in exchange for real goods. The scammed are always the same. If the money had given it to the real production system and to work instead of giving it to each other in the corporate-financial parasitic system, the productive system would have had the capital to restructure, and there would have been no serious social problems. It is normal that it went like this: thieves are thieves and do not change. The Dollar in on a direct course with an iceberg. They will all sink together. All fiat currencies live on borrowed time. The dollar is now at its all-time low compared to gold. In simple terms, the dollar is losing value, and dollar debasement is driving up the price of gold. Gold has been around since before the dollar and will likely exist someday when there is no dollar. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The debt market bubble is unquestionably the mother of all bubbles. The larger the US debt bubble grows, and I expect it will grow for years to come, the lower the dollar goes. And the deeper the dollar sinks, the higher gold prices rise. RUSSIA AND CHINA ALLYING AGAINST THE DOLLAR. In 2020’s first quarter, 46 percent of trade transactions between Russia and China were settled in dollars, the first time the proportion has fallen below 50 percent, according to data from Russia’s Central Bank and Federal Customs Service. The euro was used to settle a record 30 percent of the transactions and the two countries used their own currencies in 24 percent of the deals. In 2015, about 90 percent of the two countries’ transactions were settled in dollars. After the U.S.’s condemnation of Russia’s invasion of Crimea and the outbreak of the U.S.-China trade war, however, the proportion began to slip, and Russia and China both looked for alternatives to the dollar to conduct cross-border trade. In 2014, China and Russia formally agreed to give each other direct access to their currencies without having to buy rubles or renminbi on the world’s open market. That in part, prompted a 2019 deal between the two countries to dump the dollar and use their own currencies in trade. The agreement also called for the nations to create alternative payment mechanisms to the international banking communications system, which is seen as being dominated by the U.S. The de-dollarization of China-Russia trade is reaching a breakthrough moment that could open the door to a broad range of agreements and alliances between the two powers. What's coming is digital money and cashless society. With a cashless society, The government will finally have the ability to tax you with extreme precision. The government can now control what you buy, how much it costs, where you can buy, who can buy it. Your freedom will be gone. It will be a privilege, not a right. A cashless society will be the end of freedom for all. Digital dollars will suck the last drop of freedom out of the American people. Full government control will become so easy. You can be restricted from leaving your state. If you violate your order to stay in your state and you get in your car and drive out of it, and you pull over needing gas, your digital money may not work, and you will not be able to fill your car up. Then you go try and get some lunch. Your credit card won't work either in that state. So you are now stuck. If you are blacklisted by the Government, you can lose access to your account and money in a second and not be able to buy even your next sandwich. The cashless society is also implemented for the central banks to charge negative interest on your savings. A cashless society is not going to be as cool as Millenials think it will be. A cashless society would be the ultimate totalitarian tool. We have not even begun to scratch the surface of what evil can be brought to bear with the abolishment of cash. It's not just tracking the bank accounts. It will be able to track what exactly you purchase, then the targeted advertising starts. You buy a crib and get diaper advertising on your phone for the next forever. The powers that be would be able to freeze our accounts at their whim. Obedience or death at a moment's decision. Everyone would know that this would be a possibility and to survive. Everyone would kow-tow subserviently. Financial ostracization will be automated. Rest in peace Anonymity, Cashiers, Bank Tellers, and MANY Jobs. The money printers turned algorithm makers win. The Fed is going to do this sooner than later. To sell it, To make the people demand the Government give them a Cashless Society, they will say it will end Crime, end the drug trade. Well, who doesn't want that !!, and on the surface, it will do that. But in reality, it will increase crime, and won't stop the drug trade. People can't see the harm in doing it, so why not comply. They don't realize that by complying, the bankers will OWN you and can make you do whatever they want. And they respond with the typical Tinfoil hat rhetoric. And cashless is exactly the same, except different Corporations, will own different parts of your life. The cashless society is a direct road to slavery. In the click of a keystroke, you could be eliminated from doing business. Talk about the mark of the beast. Consider the following actual case. When Puerto Rico was devastated by a hurricane, essentially, almost all communications ceased because of the towers being down. Only cash or barter was accepted until communications were restored. Credit cards were useless. A real possibility of a Carrington event could occur again and take down the internet, or an enemy could create an EMP to wipe out communications. The idea of a cashless society is unbelievably stupid, but people will buy into anything. If all money is only a binary electronic entry on a ledger in some bank, what happens in a REAL power blackout? What prevents our overlords from freezing the bank accounts of anyone who doesn't display sufficient loyalty? It's not only about privacy (which is important enough!) but about our very ability to live! The death of Paper & Coins will be the day everyone loses their freedom! The Banks have a hard-on for this - they get a fee from EVERY transaction made. Don't let it happen.Use some cash for small items! The U.S. government has made every value transaction a taxable event. I wonder when government cameras are in the bedroom if you are going to be taxed for every stroke. Also, will your partner will be penalized for not submitting to your strokes, thus depriving the government of needed revenue? We are almost cashless already Now. Any purchase over $1000.00 raises a Flag. Go ask your bank to give you $10,000.00 if you have that much in there, and watch what they tell you. Oh, don't forget the supposed coin shortage we're experiencing now. The coin shortage is being done on purpose. We will be slaves when they control who eats or buys or sells. When electricity is out, there are no digital transactions whatsoever. Rolling power outages. Brownouts and blackouts. Carrington Event. Social Credit Score is not good for those of us who like to do what the hell we want, not what we are told. Hard to find a plastic card after a boating accident. You can lead a human to knowledge, but you cannot make him think. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!