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Originally posted by matt the rat
I don't know if anyone has thought about it but here's my take on how our (US) currency will be changed out.
Resetting currency in the US will not be as hard as you think. As well, some foresee the need for a worldwide currency to further establish the demands of the NWO. All of the chip implants and other forms of digital identification will be useless until this scenario rolls out.
Say what you will, the world still basically depends on the stability of the dollar to keep things going 'round. That's why the starting point for this has to be the US. As usual, while we are good at exporting all of our chief technologies, we will also export the new currency standard around the world. How would this be done?
After an extended period of rapidly escalating inflation and worldwide devaluation of the dollar (all according to plan), there will be a catastrophic event (use your imagination) that basically takes out the Fed and renders it useless. This event will be significant and well thought out enough that it affects enough of the currency strongholds on the US, effectively making the dollar worthless. All banks will be closed as a result. The credit reporting agencies will be shut down in the process but their computers will be put to good use. Consumer credit ratings will not go away entirely. However, the consumer lending process will be based more on what you actually have.
In order for chaos to not ensue, the government will conveniently have a new currency system already in place and will have accounts established for you already. These accounts will have all of your prior balances which will reflect your assets prior to the "crash" reflected as "general credits/US". Use or trade with and coin or paper currency will be outlawed. The structure of these accounts will not only reflect monetary assets but will include all tangibles and intangibles such as real estate, vehicles, library, medical, work, insurance, licenses held, etc. Your wallet will go from being stuffed with plastic cards for every little thing to just holding business cards.
The only way you will be able to obtain access to these paperless, cashless credit-chit accounts is by biometric identification. This will whole roll out will require an implant, iris scan, DNA, etc. for individual establishment.
Identity theft in effect, will disappear almost entirely. Your local banking centers will be reopened to accommodate this.
That will be phase one. Phase two of the roll out will involve Europe, then Asia. Such a drastic scenario would eliminate illegal use of currency or black market trade. Any trade not using the the new credit system will be considered illegal and anyone caught will be imprisoned. (Good use for those various camps being built around the country/world...)
Of course, I could be wrong...
[edit on 6-1-2008 by matt the rat]
Originally posted by matt the rat
Resistor, you are thinking along the right lines.
Though, in order to pull off something on a scale so extreme it would provide cause to delete the monetary system as we know it, there would be a need for a larger than reality event. This event would have to have a national impact.
If they were to come out and one day say, "we're changing the way you deal with money" in a media release, it would leave things too wide open for Congressional investigations, rebellion, etc. They will need a nationally binding event (on par with 9/11 perhaps) to get the majority of the folks on board.
Originally posted by cbass
I hate to burst your bubble but most of us could have pulled all of that info off the web in five minutes or so.There have been endless amounts of people saying this same type of thing for years. It sucks that it seems to be a foregone conclusion with no hope of escape but I don't see much hope at this point. All I can say is God Help Us!!!