At face value talking about the Economy is boring to most people. I learned about the World Reserve Currency and how the value of the US Dollar is connected to oil back in 2007 from Jordan Maxwell. Unfortunately, Maxwell proved to be more of a fear monger than a change agent. I still love him and I think it's sad that he's wound up with nothing despite the fact he educated thousand's about what was going on behind the scenes. Sadly, his belies led him to coming to negative conclusions...much like Zehciriah Stitchin's beliefs led him to create a fearful picture of alien manipulation that amplified fear in his fans. Both, were just a little off...just enough truth but their delivery is what made it interesting and exciting to learn...so without either of them I probably wouldn't have stepped onto the path of the seeker.
The idea of switching to digital money is decades old. Banks have wanted to do the switch for a long time. We covered the possibility during my MBA. Digital currency would be 'safer' because it would eliminate money fraud (people printing their own dollar bills) and it would stop the black markets (for a time). Governments want it because it would lead to more tax revenue Bitcoin has proven, thanks to all of the nerds and radicals who jumped onto it, that digital currency works. For the most part it has been demonized because there was the possibility it could become the worlds reserve (i.e. default/most traded) form of currency and no one wants a company to hold that power (not many of us are thrilled with Governments having that power but...countries issuing currency is an ancient tradition). The majority of transactions in the United States are digital with bank cards already. Much like the fear of RFID chips there has been a lot of resistance to the idea. The fact is that a change in the economic system of the United States is imminent because of what's happening on the World Stage. Perhaps, the bizarre world wide reaction to Covid19 (Coronavirus itself is nothing new- this is just a new strand) and manufactured unemployment in the United States are linked to this major economic game change. Articles On World Reserve Currency 1. https://www.investopedia.com/articles/forex-currencies/092316/how-us-dollar-became-worlds-reserve-currency.asp 2. https://www.americanexpress.com/us/foreign-exchange/articles/could-dollar-be-replaced-as-world-reserve-currency/#:~:text=The%20International%20Monetary%20Fund%20(IMF,used%20in%20global%20FX%20reserves. The Situation The United States Empire, as Ron Paul calls it, is fueled by the fact that the US Dollar is the World Wide Reserve Currency. The value of the dollar was based on the price of oil per barrel. Our military has, sometimes brutally, enforced and ensured that we are the main reserve currency. The United States got rid of the gold standard long ago. The price of oil is what has given the Dollar it's value on the Global Level. A currency's value is based on the idea that it can be exchanged for a specific amount of a highly prized item. Previously, it was the Gold Standard. That keeps a "control" on the amount of money produced by a country because it's limited by the amount of the physical goods they possess. The real reason we went into Iraq was because there had been a rumbling that Iraq was interested in the US dollar no longer being the Reserve Currency. The countries with the most oil thought it would be logical that their currency should be the World Reserve Currency and not the United States. As long as the US dollar was the Reserve Currency it gave the U.S. control of the world. US Sanctions against other countries are a real threat because the dollar is the Reserve Currency. When its reported that the military is protecting "US interests" abroad 99.9% of the time it's based on maintaining the US dollar as the Reserve Currency. Let's face it...if you're a United States citizen like me you've benefited from this situation. Most, however, are ignorant about why we do things and believe the television propaganda. The Reserve Currency value was dependent on the value of oil. Instead of a gold standard it was based on the price of Oil per gallon. Hence, why the huge propaganda that oil reserves would run out...the more rare and in demand a commodity the more value. Plus friends of the Government could secure funds to launch a bunch of experimental companies such as Electric Cars...while hoarding the US oil supply. When the agreement between Russia and Saudi Arabia fell apart last year the dramatic price war between the two countries caused oil prices to drop in value dramatically. Here is an article about how the oil price war was a mistake: https://www.cnbc.com/2020/06/09/saudi-russia-oil-price-war-was-very-big-mistake-qatar-energy-minister.html Subsequently, the US economy went into free fall. We have become so dependent on non-US trade for basic goods it became clear that there would be shortages. Enter Coronavirus...a convenient scape Goat for the economic drop but it distracted everyone. The economic free fall stopped as each country began "fighting" this new enemy. At the time that this Pandemic hit Al Jazeera was reassuring everyone that the dollar remained strong despite the dramatic price drop in oil. Here is an article by Al Jazeera claiming the Pandemic has proven that there is only one world reserve currency: https://www.aljazeera.com/programmes/countingthecost/2020/03/pandemic-proves-world-reserve-currency-200328113954984.html Meanwhile China has been buying gold. They are positioning themselves as the new Reserve Currency and they plan on making it digital. https://www.forbes.com/sites/rogerhuang/2020/05/25/china-will-use-its-digital-currency-to-compete-with-the-usd/#63f0819131e8 Meanwhile, the Fedral Bank of the US continues to print money non-stop and other countries have taken notice. Just look at the bail outs. This risks the value of the dollar to drop dramatically because it becomes 'just worthless paper.' The 'one time' bail out of 1200 was largely a success with few people wondering where the mo eye came from. That might have been a test to see if the US was ready for this new economic system. The first people to be ushered into this new Fed Coin system will be the millions of waiters, waitresses, hair stylists, and others who have not been allowed to return to work. Since they are dependent on the Government they will be grateful for whatever 'money' the government gives them. At this point in time the system is already in place to do it...the currency would only be linked to accounts just like the Debit Card...in the every day life experience...it would be just like things now...only physical cash will be completely phased out. No more stashing $100 bills in your sock drawer so you don't spend it. In a way, it's a new paradigm...in a lot of ways it would just be business as usual for the normal law abiding citizen. My Opinion There is a fear that digital money would give rise to a bigger welfare state. That it would become a socialist tool. Banks, people claim, are independent. Socialism doesn't work. Yet, the United States is not a Capitalist society as we are lead to believe. We're somewhere in the middle. Much as we are a Democratic Republic are monetary policy has been a Socialist Capitalisim. We are really good at taking two different systems and integrating them so that they work. Yet, it's been working. In a totally capitalist society Snake Oil salesman thrive. The government doing research to ensure products do what they say to some degree is a good thing. Making sure that hair stylists and doctors go to school is a good thing. Requiring licenses for some businesses makes sense...how many of is have avoided a restaurant that had a B health code grade? Heck, I won't even step into one that has a C...and so I'm super thankful to county health inspectors. So, some government oversight and regulation is a good thing. Meanwhile, the people of the US have made it clear we don't want our military to be the police of the world. Both Obama and Trump ran on the promise of ending that habit. Obama failed horribly. Trump seems to be trying by trying to take troops out of Afghanistan (which was denied by Congress). The average United States citizen, however, has no clue why we've had so much influence over countries or why we were acting as the police of the world. Isn't interesting in our own streets the openly Marxist/Socialist group Black Lives Matter is calling for an end of our domestic police forces? Isn't almost as though on subconscious level an extension of saying we don't want to be the World Police? At the end of the day I think digital currency is inevitable. Like most innovations it may be better if the US is the first. We certainly don't want to be the last. Yet, there is the worry it would give the government too much control. The problem is no one knows if or how it will work because it's never been done. The key thing is understanding what gives things value. Economics is more of an abstract art and far less 'solid' then people think. Value in society isn't really determined by gold or oil. Value is assigned by people. Society's decide if they value the dollar....it's a Public Relations/ Marketing game. To me digital money sounds like credits from Star Trek...perhaps it would be a step forward. A lot of people who would discredit the idea are also the ones who thing we have a purely Capitalist society. While I sound like a hippy saying this...I like that it doesn't require the killing of trees or strip mining of precious metals. The control governments are executing around the world is beating people into submission based on the "humanitarian" desire to protect "vulnerable" people from dying. This might be to soften people up and distract them so that this economic change goes smoother. People won't be able to openly protest the change in currency if they're afraid of other people breathing on them or BLM protesters who are already in the street. Remember the old saying, "Never let a crisis go to waste?" Do I think this crisis is natural? I think it's possible (if not highly likely) that the Covid19 may have been created with the intention of lowering the world's resistance to an economic restructuring. A think tank somewhere might have cooked up this scenario somewhere as a way for the switch to happen. Maybe this is a strategy that the Bilderberg people agreed upon last year. Leading people to believe that it was a slow natural progression. The Coronavirus isn't killing more people than the normal flu season. In fact, flu related deaths are probably being counted as the new virus because they are the lowest on record. I've known four healthy individuals that tested positive and felt sick for only three days. In the US the largest amount of deaths occurred in nursing homes with the first outbreak that they haven't been able to trace back to a source happening in Washington. In Democratic states (Michigan, New York, and New Hampshire) they purposefully decided it was discrimination not to allow infected elderly patients to be transferred to nursing homes. They then delivered the people with body bags. Creepy. https://khn.org/morning-breakout/gov-cuomos-order-to-house-covid-patients-in-nursing-homes-scrutinized/ At the same time if those elderly people were bedridden and suffering but either they or their family couldn't let go of their physical body maybe it's a mercy. In my opinion, the medical industry has the ability to keep the body alive on machines an unnatural amount of time. Yet, remember the Death Panels that were suggested with the Universal Healthcare Act (Obamacare)? https://en.wikipedia.org/wiki/Death_panel#:~:text=TIME%20wrote%20that%20%22a%20single,allow%20physician%20reimbursement%20for%20counseling. Insurance companies have made it clear that the elderly bed ridden are the biggest financial burden on their companies. Maybe Coronavirus is being used to do double duty by getting rid of the heaviest economic burden on the health insurance system. My Dream Why do I think this is the "next thing" or even the underlying agenda behind the bizarre events currently occurring across the world? I had a dream that I was at a Fair/Carnival. However, in order to participate I had to turn in my cash for their digital currency...and I wouldn't get the cash I didn't use back. I was angry so I tried to leave but I couldn't. Interpertation When I dream of a Fair or Carnival it usually means every day mundane events. Often times, it's a warning. This dream made it pretty evident that there wasn't a choice. I had no option to leave. If I wanted to participate in he activities I would have to turn my money into credits. I've been conditioned to believe it's a bad scary thing. Yet, just with all conditioning...is their evidence that it will be? Are the Whistleblowers just being alarmists? Conclusion I had no idea Fed Coin was originally a part of thr CARES act passed in a rush earlier this year. Thankfully it was taken out and the issue is being talked about. I wonder if FedCoin is part of the hold up in the debate between the Senate and Congress as they try to agree on another incentive package. If the United States isn't the first to implement it...China surely will...and while we could take a wait and see approach...it's unlikely given that the World Reserve Currency is at stake. The position of the US dollar as top world currency has been paid for by the blood on innocents. That it could be wiped out so quickly is doubtful. Too many people in DC have "skin"in the game. I wouldn't mind the actual idea of multiple world reserves currencies being equally. We could scale back the military and the C.I.A. I know I can adapt to digital currency with ease because it won't be any different from the current debit card system I mostly use which I consider more secure than carrying cash. Change can be hard. Change can be scary. Everyone resisted Debit Cards at first and then the RFID chips because of the fear of being tracked. Now they're normal. Even my mom has stopped writing checks. We are tracked on the internet by Google. Who hasn't talked about something they wanted and the next thing Amazon suggests it? Yet, many of us still use Google. The need for privacy is linked to Separation from Source, which was a good thing, I must remind you. Don't listen to anyone who tries to demonize individuality. Humanity cannot go back to the Hive Mind state of being. We can go forward with a hybrid point of view...a little privacy and a In exchange for the latest and greatest technologies most of us have traded being anonymous. Yes, the power could be abused. Yes, under the table deals will be non-existent unless a barter system was implemented. At least it will give the Black Market a pause. At the end of the day though, I don't care if a computer somewhere recorded that I bought 8 onions in the last month. Also, yes it's sad that our physical bodies die. I miss all of my daughter, relatives and friends that have crossed over into Spirit. Endings are sad. I prefer beginnings. The first book or movies in a series are always my favorite. There is always so much potential. I prefer to look at digital currency as a fresh blank page of a new book. No one truly knows what will happen.
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Brave Soul! May Your Journey On The Path Of The Seeker Bring You Joy and Peace! I'm currently posting every Saturday. With a new addition the family I have pre-scheduled most posts through December 2022. Full Moon Posts will contain up-to-date content when I can get to them. Thank you so much for your support and understanding! This is a place where you can encounter new spiritual ideas that have helped me develop as an Individual On The Path of the Seeker. Take or Leave this information as you see fit. Archives
April 2024
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