It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

They Are Coming For Your Money

page: 1
9

log in

join
share:

posted on May, 20 2020 @ 07:50 AM
link   
The writing has been on the wall for a while now. Even before the pandemic, and the Fed lost all of their final inhibitions about drowning the world in a deluge of Dollars and easy credit, the signs were there.

The different facets of Their strategy have been expressed using different tactics, going back many many years.

The long march of the yield on US treasury notes down to zero. This has been unfolding over a very long time, over the past 30+ years and has only recently picked up momentum like a breakaway train, with the unleashing of QE to counter economic contraction in 2008, and now this new round of ..... I don't even know how to adequately describe it: QE on steroids? -Helicopter money- Spaceship money?

Another angle of attack was they prying of Social Security out of trust funds and into the stock market. For whatever reason, this initiative seemed to die on the vine, maybe due to touching on the 3rd rail of encroachment on SS, or the fact that the plan was devised under Bush the Second and had his grinnin' countenance behind it.

The trial balloons floated in Germany and Japan , and elsewhere, for dipping interest rates into negative territory. These were critical experiments in monetary policy that first arose as the world was recovering from the last economic crisis in 2008. When central banks observed that financial markets didn't revolt or completely malfunction, they knew they could move into the next phase of their plan.

Now that governments and central banks have swallowed the negative interest rates medicine, and this methodology seems to have some legs, They can enact the final gambit: wringing out the individual savers' high-yield saving accounts like a sponge.

Are They literally breaking into bank vaults and robbing you at gunpoint. Nope. They don't need to resort to such crude and brazen actions. All they need to do is cut off access to viable strategies for growing your wealth in risk averse way, and just wait for the cash to pile into equities (the stock market).

Pension plans ~~ not quite eliminated, but working on it
Social Security ~~ working on it (insolvency forecast in the not distant future, so They may not need any further action here)
Interest on secure government bonds, US treasuries, etc. ~~ CHECK, eliminated
High yield personal saving account.~~ CHECK, scratched off

It won't be long now, and Their end goal will be complete. Your choices for where to put your money will be precious metals, exotic investments like cryptocurrency, or....the stock market.

Once they have everybody's loot into the stock market, then that's just it: they have everybody's loot. We've seen now how easy it is for Them to manipulate the markets: a little dash of tension around oil production, a big splash of fear around a virus, sprinklings of cold wars, hot wars, trade wars. All of the ingredients for utter control over when and how the markets move, up, down, sideways, however it suits them.

And when they have all of your money in the stock markets, and complete control over those markets.....then they have complete control over YOU.




posted on May, 20 2020 @ 08:17 AM
link   
a reply to: SleeperHasAwakened

For the record -

Its never ever really your money. Theres a little known law that states in event of banking institutional collapse the government can/will commandeer all funds bar 10% and present the accountee with an IOU for the remainder payable (and heres the clincher) at some and any stage over the next 100 years - no doubt at the near 100 year point well past the individuals life expectancy rendering the funds once individual passes unclaimed.

This includes all shares, funds etc associated with the bank. This is why generations passed would stash under the matress etc.

Once you buy shares or put money in a bank legally you have given up possession.

As it stands now you axcess it in good faith nothing more.

The more common misbelief is that up to 250k is safe and over that is subject to above but dig a little deeper folks - The cold hard truth is very frightening indeed if not downright daylight robbery.

This is the real reason why ensuring economical survival is paramount.



posted on May, 20 2020 @ 08:57 AM
link   
Remember, even if you keep your money in the bank, that money often is tied to the stock market, they invest that money where they see fit, lots is gambled in the stock market, other money is lent out via the best interest rate, which is credit card interest. If the economy flops, the banks go bonkers.



posted on May, 20 2020 @ 09:04 AM
link   
a reply to: SleeperHasAwakened

There hasn't been any "real money" since the 1970s. It was all inflationary dollars created to manifest billionaires and near-total consolidation of important markets. When the balloon pops, the architects of the future will own 95-percent of everything and your 250K house will be "worth" 45k.

It's musical chairs for people who can't dance and love Monopoly and you aren't the banker so you lose.



posted on May, 20 2020 @ 10:12 AM
link   
That's alright... I have a fairly significantly huge idea that I'm working to have implemented, that will overload the money matrix.

The problem is inherently linked to property prices, and the value leak from design related industries that develop the built environment (AECO - Architecture, Engineering, Construction, Operations).

This image will give a hint:

This shows that when you apply a technological solution to a problem in the AECO industries, there is a fundamental productivity loss... this is the misinterpretation, linked to property value, that needs to be integrated properly into the global economy.

There is a way to inherently shift the value model of the world, to capture human interactions (culture, work, play, living, etc...moments and places of cultural significance, think Dealey Plaza, Dallas, Texas, or the Sydney Opera House) related to space as a contextualised model describing the "gold standard" (or any other representational value model, crypto, petroDollar, petroYuan, etc.), that propagate effortlessly once implemented, without having to alter the current system at all.

In a sense (though it sounds cliche), there is a model that once implemented, propagates itself (for both idealists and villains) and allows for the reaction to change to happen faster than change itself, across all levels of societies, individual to government (to deep state... if you like).
edit on 20-5-2020 by puzzlesphere because: (no reason given)



posted on May, 20 2020 @ 10:42 AM
link   
a reply to: CthruU

Wish you had provided a source for this. I'm curious to know just how good the FDIC insurance really is.



posted on May, 20 2020 @ 11:08 AM
link   
a reply to: SleeperHasAwakened


In addition to the Germany, Japan test runs, India was persuaded to do away with some Rupee denominations.

Remember Cyprus and the term 'Cypriot Haircut'? No armed hold-ups, but in 2013 it may as well have been:

NICOSIA, Cyprus (AP) — Depositors at bailed-out Cyprus' largest bank will lose 47.5% of their savings exceeding 100,000 euros ($132,000), the government said Monday.

The figure comes four months after Cyprus agreed on a 23 billion-euro ($30.5 billion) rescue package with its euro partners and the International Monetary Fund. In exchange for a 10 billion euro loan, deposits worth more than the insured limit of 100,000 euros at the Bank of Cyprus and smaller lender Laiki were raided in a so-called bail-in to prop up the country's teetering banking sector.eu.usatoday.com...


And then last year

A second ‘haircut’ for bank depositors
Bank depositors who suffered a ‘haircut’ back in 2013 when the Cypriot banking system collapsed and took legal recourse are feeling that justice has evaded them once again. And that this time, they have been additionally burdened with legal expenses they were ordered to pay to lawyers of the Central Bank of Cyprus (CBC) and the Ministry of Finance. in-cyprus.philenews.com...


Precious metals? Actual physical gold? It's been a while since I have seen one of those Gold Buyers 'pop-up' kiosks in an English town, perhaps nobody has any left to sell? Here's an example of a business still buying gold in the US. webuygoldkc.com...

I wonder who owns that company?





edit on 20/5/2020 by teapot because: linkypooo



posted on May, 21 2020 @ 08:22 AM
link   

originally posted by: CthruU
a reply to: SleeperHasAwakened

For the record -

Its never ever really your money. Theres a little known law that states in event of banking institutional collapse the government can/will commandeer all funds bar 10% and present the accountee with an IOU for the remainder payable (and heres the clincher) at some and any stage over the next 100 years - no doubt at the near 100 year point well past the individuals life expectancy rendering the funds once individual passes unclaimed.

This includes all shares, funds etc associated with the bank. This is why generations passed would stash under the matress etc.

Once you buy shares or put money in a bank legally you have given up possession.

As it stands now you axcess it in good faith nothing more.

The more common misbelief is that up to 250k is safe and over that is subject to above but dig a little deeper folks - The cold hard truth is very frightening indeed if not downright daylight robbery.

This is the real reason why ensuring economical survival is paramount.


Can't find anything on this - can you point us in the right direction?



posted on May, 21 2020 @ 09:05 AM
link   
seems to me like the whole of Finance is one incredibly elaborate shared illusion, a castle in the clouds that rests on nothing and ultimately means nothing.

maybe it's about time we stopped paying attention to the numbers-get-bigger machine and started caring for each other?



posted on May, 21 2020 @ 06:31 PM
link   
a reply to: CthruU
All the more reason to ditch the banks. Have not had a bank account in four years. One can always park their money in land, or if your a big baller, help some little guys start-up their small independent businesses.

So many folks only need a few thousands dollar loan to turn their practicing trade into a business. Landscapers, carpet cleaners, mobile mechanics/detailers, groomers, HVAC, plumbers, metal workers the list is pretty endless actually. There are millions of Americans with the skills and determination, they just need a sympathetic loan agent.



posted on May, 21 2020 @ 07:36 PM
link   
Lets say you had 50 million dollars in llegally gained monEy hidden in your basement...now you don't....its that simple...your legally identified and noted money will be replaced by new money...and ALL ILLEGALLY GAINED AND HOARDED TRILLIONS OF DOLLARS WILL IMMEDIATLY BECOME WALLPAPER OR TOILET PAPER.

Don't worry...if you save you money in cash in Glass jars and bury it in your backyard its ok...just dig them up and do a currency exchange at any certified Bank....but you better be able to account for every dollar.....Global Money Laundering is soon to be completely over.


Fiat dollars were never real and now they are being blown away like the puff of Smoke they have always been.
edit on 21-5-2020 by one4all because: (no reason given)



posted on May, 22 2020 @ 02:09 AM
link   
a reply to: SleeperHasAwakenedYes we will now have"virtual" cash it already exist's about 15 banks,now the government will just take whatever you owe,those who abuse credit will starve to death,or end up as an endentured servant



posted on May, 30 2020 @ 04:30 PM
link   
a reply to: SleeperHasAwakened

So couple things:

1. Return is now, and has always been, compensation for risk. This is an investing and many ways life truism. People who want return but are risk adverse never get much return (which is relative - and will addressed in a moment). Said another way, you want chocolate cake without the calories. It doesn’t exist. Never has.

Find me a 10% ARR risk free investment, in the current environment, and I’ll put all of my money in it. Wait, that doesn’t exist. Or I guess it did but ask Madoff Investors how that worked out.

2. Do you recall other points in monetary policy history where you made 4-5% on your savings account? Now... what were mortgage rates at the time? 8-15% for a 30 year conventional loan? More? Think about the implications of that... think about the problems we faced in an extremely high interest rate environment.

A solid returning, risk free investment doesn’t exist and never has on a relative basis (and it’s always on a relative basis). Those who reminisce about 5% interest rates on their checking about are thinking in absolute terms and not relative - and ignoring other implications those higher rates had..

I encourage folks to look at inflation adjusted GDP since the good old days of high yield savings accounts...

fred.stlouisfed.org...

Access to cheaper credit for more people didn’t hurt GDP... it also led to as of ~90 days ago the most prosperous society in human history with more people being well off than literally at any point in time in the entirety of known civilization.

So, yeah, I don’t mind low rates... as long as they’re not negative as that’s a legit problem.



posted on May, 30 2020 @ 05:27 PM
link   
a reply to: EnigmaChaser

Fair points, but consider....

Many senior citizens and retirees are not particularly interested in 10%+ returns; they just want to keep up with CoL. Particularly at this point in time, if people have some cash in a "nest egg" account, in tandem with Social Security and maybe a pension thrown in, they only wish to spread out their savings to cover however long they're on this Earth. Risk is a dirty word in that case.

The era of higher interest rates precedes my time as a bill payin', money savin' adult. Your point about the relative burden of higher mortgage interest vs benefit of higher interest bearing accounts is a salient one, though.

Star for posting the graph of real GDP. Very cool set of data to overlay with various periods of history.



new topics

top topics



 
9

log in

join