[Editors Note: Check out my latest video Bitoin; Real time Justice & Restitution to learn about the systemic fraud and corruption in the Legacy financial systems and how Bitcoin is the ultimate weapon and defence against it]
“In my opinion, it’s long past time we be brutally honest about the banks. Their influence and reach has metastasized to the point where we now live under a captive system. From our retirement accounts, to our homes, to the laws we live under — the banks control it all. And they run the system for their benefit, not ours”
“You cant taper a Ponzi Scheme” – Mitch Feierstein @planetponzi
“A quick, if familiar, observation to start the day courtesy of Bank of America which in the latest overnight note from Michael Hartnett notes that central banks (ECB & BoJ) have bought $1 trillion of financial assets just in the first four months of 2017, which amounts to $3.6 trillion annualized, “the largest CB buying on record.”
Since 2008 the world has been flooded with $60 Trillion in additional debt to prevent all major financial assets from returning to fair market value.
In the process central banks and their endless monetary stimulus have created an alternate reality, the ultimate imaginary setting.
From Wikipedia – “Virtual reality (VR) typically refers to computer technologies that use software to generate realistic images, sounds and other sensations that replicate a real environment (or create an imaginary setting)”
Nothing in this reality is real and the central banks can pull down this illusion at will (as they have repeatedly down throughout history) leading to epic wealth transfers too the financial elite.
If you want to know how far from reality we are and how fundamentals area long lost relic of the investment world , replaced by endless currency destroying stimulus and Zero interest rate policy; Look no further than this headline.
Hopes of Bailing out failing banks is Bullish in Central bank driven virtual reality.
The worse thing about the open air prison & financial repression dolled out in central Bank virtual reality world used to be that we could not escape it.
But thanks to Bitcoin we can now take off the central bank virtual reality headset and get back to fundamentals and reality; and as more people make the same choice, reality will start to become much more attractive.
“Cash is one of the few remaining options for financial privacy that doesn’t create a permanent record of every purchase or transaction you make.It’s also an easy way to reduce your exposure to risks in the broader financial system.Think about it– the banking system is full of institutions that never miss an opportunity to demonstrate they cannot be trusted with our money”
“Hardly a month goes by without some major banking scandal; they’re caught colluding on exchange rates, manipulating interest rates, fraudulently establishing fake accounts without customer consent (and then charging us fees on top of that).It’s disgraceful. In many banking systems across the world (especially in Europe right now), banks have precariously low levels of capital and are already suffering the effects of negative interest rates”
“All these cashless initiatives are a part of a longstanding globalist banking plan to move toward a one-world currency. Though it will be said that cash is being gotten rid of to cut down on things like terrorism, tax evasion, and financial crime, the real reason is to consolidate power”
“Governments like to tell you that their actions are for “your own good,” but it never works out that way. If governments ever really gain total effective control over money and your use, expect to be even more deeply impoverished than you already are”
“So for those of you who haven’t seen it — strap yourselves in for 140 years of Monetary History In Ten Minutes”“By the end of this clip you’ll be able to answer for yourselves:– Are we overdue for a new monetary system? – Is war good for an economy? – Why did Nixon sever the link between all currencies and gold?”
“Usury is a system that always takes more than it gives. The debt based economy is a parasite that will consume all the world’s resources until it kills its host. The best way to kill a parasite is to starve its food source. Rather than trying to fix a sinking ship, you can choose to withdraw your energy and your consent to feed an alternative model.Choice is the first step towards liberation. Bitcoin and open-source blockchain technology is a potential remedy for individuals to transcend financial slavery”
“Unless you’re one of the few people still watching CNN™, you may have missed what can only be one of the most scandalous in-house criminal activities to be uncovered at a bank. And not just any bank. It happened at none other than Wells Fargo™”
“Not only did you not show a minuscule of righteous indignation – you seemed to bend-over-backwards as to defend the payment of (wait for it…) $125,000,000.00 as a parting gift to Carrie Tolstedt, who has been reported to have been the executive in charge of the unit where all this fraud took place. You know, the division where “sandbagging” customers continued long enough to have created its own internal moniker. Absolutely disgusting and shameful. Period”