Category Archives: Fiat Currency

Banks are evil – It’s time to get painfully honest about this

It’s time to get painfully honest about this Via Adam Taggert @ Peakprosperity.com

[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”

Read more here… 

 

 

Keiser Report EP 1040 Cognitive Dissonance in US Stock Markets

Via Maxkeiser.com

Excellent talk with Chris Martenson of peakprosperity.com

“Money has become a death cult and Janet Yellen is the head Priest”

We discuss cognitive dissonance in US stock markets. In the second half, Max continues his interview with economic researcher, writer and trend forecaster, Chris Martenson of PeakProsperity.com about ‘the mother of all bubbles’ in US equity markets.

Financial Elite waging war against the people; Opt out with Bitcoin

By Andreas Antonopoulos Via Coinscrum

[Editors note: Excellent talk that focuses on the escalating financial war being raged against citizens of this world through Debasement, NIRP, Capital Controls, Bailins & the escalating war on cash.

Bitcoin offers a way out of this mess; to turn you back on a evil symbiotic relationship between the financial elite and government that threw the monetary system and humanity under the bus 45 years ago]

140 Years of Monetary History in 10 minutes

By Mike Maloney @ goldsilver.com

  • 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?”

Got Bitcoin? IMF Sounds Alarm As Global Debt Hits Record $152 Trillion Or 225% Of World GDP

Via zerohedge.com

Read more here..

global-gross-debt

(video) Bitcoin – The Birth of a new financial elite; or the end of the old one?

[Editors Note] I address this common question in the Bitcoin space, and why I dont think it will be the case:

“Due to the uneven distribution of the Bitcoin currency at this time; , If Bitcoin goes mainstream wont it just lead a new powerful financial elite or 1% and cause massive wealth inequality in the same way the existing global financial system does”


Disclaimer

Is the Fed’s Taper about to reveal Fiat currency systems are doomed

[The following article is by Renegade Investor Chief Editor – Edward Blake] – Originally posted 2014

It could be argued the only reason there has been any strength and investment in the emerging markets and the reason most of the developed world have not posted double digit negative GDP figures since 2008, has been the unprecedented market interventions by the Central banks worldwide. They have essentially acted as a backstop for the global economy with policies such as the ongoing Quantitative Easing (QE).

In the process, trillions have been added to sovereign, corporate and private debt worldwide and the expected growth from all of this intervention has not materialised. This was again recently highlighted by the massive ISM manufacturing index miss in the US.

As central banks and government intervene in the free markets, with unprecedented sovereign bond purchases and distressed asset purchases such as Retail Mortgage Backed Securities (RMBS).

They have created a Ponzi like scheme where only continued purchases of these assets in greater numbers, will continue to support the mark to market pricing of these assets on the balance sheet of the central banks and major financial institutions worldwide.

In the US especially, sovereign debt has accelerated since 2008 up to $17.3 trillion. It has now hit levels that require even greater issuance of treasury bonds annually, in order to roll over maturing debt, interest on the existing debt and to keep interest rates low to prevent default.

The fed has provided the artificial demand for these bonds and now owns 30-40% of the Treasury bond market.

However, the danger of this has now been exposed, with the recent move by the  Federal Reserve to taper back on QE from $85 billion to $65 billion on monthly purchases.

Just a 23% reduction in monthly QE purchases has led to capital flight from emerging markets. On top of this it has led to capital rotation in domestic markets as the DOW, S&P 500, NASDAQ  and Russell 2000 as well as global indices begin to accelerate losses, as investors begin to see the backstop for the economy and these markets as a whole taken away.

With major indices slipping under their 200 day MA’s, there is now concern of even bigger losses and the emergence of a bear market in equities.

Major problem:

All of this from a 23% taper is further showing how the Fed’s actions now in large determine the future outcome of the global economy and this is the biggest danger of the attempted taper.

If the Federal Reserve reverses the taper in the near future in an attempt to appease global market selloff’s and contagion, it will highlight more than ever that they simply cannot stop the monetisation of debt to support the global economy and the inevitability of the demise of the dollar and other fiat currencies in their current state, will be further exposed.

This could well and truly lead to the expected fiat currency collapses as people lose all faith in this global fiat Ponzi system and will potentially move us closer to the long expected capital rotation into finite asset’s such as precious metal’s crypto currencies and other commodities.

Disclaimer