Is the U.S. Dollar really losing its value and threatening a collapse?

[johnwk]

In regard to things to come and China, the Chinese Communist Party has its foot full throttle on imposing the Mark of the Beast on its citizens. Check out the following video and it gives a peek into our future if the people do not rise up and stop FedCoin:​

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Considering our banks are getting the people to use “virtual wallets” and a cashless society, which is necessary to introduce FedCoin, the Americn people are already being prepared to accept a government imposed digital currency.

The problem with FedCoin is, unlike a digital currency created and used by choice within a free market system, the FedCoin is to be created by government, made a legal tender by government, and forced, by government, to be used by the public at large in the marketplace, without the people’s consent.

Does any freedom loving person really want folks in government to be allowed to create a FedCoin _ an electronic currency undetectable to the senses of mankind, and is imaginary ___ make it a legal tender for all debts public and private, and require you to use a digital wallet to participate in our market place, and may be cancelled from the market place with the push of a button by folks in government, if you do not yield and bend to the whims and fancies demanded of you by folks in government?

Do we really want to put this power, one aptly referred to as the Mark of the Beast, in governments’ hands?

JWK

All the perplexities, confusions, and distresses in America arise, not from defects in the Constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit, and circulation. John Adams

 

[johnwk]

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Canadian government shuts down digital wallets to stop freedom of speech

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If you didn’t think that our government’s desire to create FedCoin and make it a legal tender for America’s population is a very dangerous idea and shown to be dangerous by the Chinese Communist Party’s use of digital money, we now see how the Canadian Government has attacked freedom of speech by shutting down digital money transfers of truckers who dare to protest oppressive government acts.


[video=youtube_share;dCncU3dRT94]

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If FedCoin is ever imposed upon the American people, they will become the slaves of government who will have achieved total control over them by controlling every economic activity they engage in.


Forewarned is forearmed.


JWK



History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance. James Madison

 

[rightwinger]

The problem with FedCoin is, unlike a digital currency created and used by choice within a free market system, the FedCoin is to be created by government, made a legal tender by government, and forced, by government, to be used by the public at large in the marketplace, without the people’s consent.

Will the US Government stand behind FedCoin?

Who backs up other digital currencies?

 

[johnwk]

Will the US Government stand behind FedCoin?

Who backs up other digital currencies?

Backs up? Stand behind?

I have no idea what you are asking?

JWK


"Of all the contrivances for cheating the laboring class of mankind, none have been more effectual than that which deludes them with paper money. This is the most effectual of inventions to fertilize the rich man's field by the sweat of the poor man's brow."_____ Daniel Webster.

 

[rightwinger]

Backs up? Stand behind?


View attachment 603683

I have no idea what you are asking?

JWK


"Of all the contrivances for cheating the laboring class of mankind, none have been more effectual than that which deludes them with paper money. This is the most effectual of inventions to fertilize the rich man's field by the sweat of the poor man's brow."_____ Daniel Webster.

If it fails

Are you shit out of luck?

 

[B. Kidd]

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SEE: The U.S. is facing a dollar collapse by the end of 2021 and an over 50% chance of a double-dip recession, economist Stephen Roach says


Evita Ochel, an educator, researcher, and writer, wrote: “Until you realize how easy it is for your mind to be manipulated, you remain the puppet of someone else’s game.”


No truer words were ever written, especially when it comes to the Bankers money game and our corrupted media. And with regard to the money game, Daniel Webster wrote: "Of all the contrivances for cheating the laboring class of mankind, none have been more effectual than that which deludes them with paper money. This is the most effectual of inventions to fertilize the rich man's field by the sweat of the poor man's brow."


Finally, and with reference to the “poor man” and one of the times our Supreme Court stated a truism, it correctly informed us that “The property which every man has in his own labor, as it is the original foundation of all other property, so it is the most sacred and inviolable.”


So, how does the above relate to the “dollar” and our Wall Street Bankers’ money game? Ordinary working people have been totally convinced that a Federal Reserve Note, which is used to pay earned wages to ordinary working people, is the same thing as a dollar, and that lie is continually hammered into the heads of America’s laboring class citizens as exhibited in the above-mentioned article.


But the truth is, the Federal Reserve Note is losing its “value”. Not the United States “dollar”.


Our MSM need to stop lying and trying to convince the public that the Wall Street created rope-a-dope Federal Reserve Note, printed on mere paper and used to manipulate, swindle and control, is the same as our constitutionally defined dollar


Let us not forget what Congressman Louis T. McFadden stated in 1932:


"We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it".


JWK

It wasn't smart pushing Russia into China's corner along with some other countries.

 

[johnwk]

If it fails

Are you shit out of luck?

I have no idea what you mean by if "it" fails. What is the "it", and what do you mean by "fails"?

JWK



"Of all the contrivances for cheating the laboring class of mankind, none have been more effectual than that which deludes them with paper money. This is the most effectual of inventions to fertilize the rich man's field by the sweat of the poor man's brow."_____ Daniel Webster.

 

[johnwk]

It wasn't smart pushing Russia into China's corner along with some other countries.

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Is it not a fact that part of our current sufferings as a nation is the result of our Fifth Column media and their yellow journalists’ failure to report how the United States is being attacked from within?

There is no better way to weaken, subdue and bring to its knees a prosperous and freedom loving country than by flooding it with deadly drugs, an inflated currency and the poverty stricken, poorly educated, low skilled, diseased, disabled, and criminal populations of other countries.

What will it take for American citizens and their families to realize their homeland is under attack?

JWK

Let us not forget during the coming election what the Revolutionary Democrat Party Leadership has done to our businesses, our families and our children.

 

[HenryBHough]

It's 2022 and politics is 100% about control.
The population is almost entirely subjugated to the party bosses.
Economies failing? Hey, Germany is entering the long-forecast recession.
The American Dollar has assumed the characteristics of the (former) Argentine Peso.
No longer just a parade toy - approaching the inflatedness of a weather balloon.

November represents your last chance to cut the head off the snake.
But you won't.
And....at my age.....I really don't give a shit.
You buy it - you love it. Because if you don't there's a place in a re-education camp just for you.

 

[johnwk]

It's 2022 and politics is 100% about control.
The population is almost entirely subjugated to the party bosses.

And we can thank our Fifth Column media and their yellow journalists’ failure to report how the United States is being attacked from within.

There is no better way to weaken, subdue and bring to its knees a prosperous and freedom loving country than by flooding it with deadly drugs, an inflated currency [Federal Reserve Notes] and the poverty stricken, poorly educated, low skilled, diseased, disabled, and criminal populations of other countries.

What will it take for American citizens and their families to realize their homeland is under attack?

JWK

Let us not forget during the coming election what the Revolutionary Democrat Party Leadership has done to our businesses, our families and our children.

 

[georgephillip]

.

SEE: The U.S. is facing a dollar collapse by the end of 2021 and an over 50% chance of a double-dip recession, economist Stephen Roach says


Evita Ochel, an educator, researcher, and writer, wrote: “Until you realize how easy it is for your mind to be manipulated, you remain the puppet of someone else’s game.”


No truer words were ever written, especially when it comes to the Bankers money game and our corrupted media. And with regard to the money game, Daniel Webster wrote: "Of all the contrivances for cheating the laboring class of mankind, none have been more effectual than that which deludes them with paper money. This is the most effectual of inventions to fertilize the rich man's field by the sweat of the poor man's brow."


Finally, and with reference to the “poor man” and one of the times our Supreme Court stated a truism, it correctly informed us that “The property which every man has in his own labor, as it is the original foundation of all other property, so it is the most sacred and inviolable.”


So, how does the above relate to the “dollar” and our Wall Street Bankers’ money game? Ordinary working people have been totally convinced that a Federal Reserve Note, which is used to pay earned wages to ordinary working people, is the same thing as a dollar, and that lie is continually hammered into the heads of America’s laboring class citizens as exhibited in the above-mentioned article.


But the truth is, the Federal Reserve Note is losing its “value”. Not the United States “dollar”.


Our MSM need to stop lying and trying to convince the public that the Wall Street created rope-a-dope Federal Reserve Note, printed on mere paper and used to manipulate, swindle and control, is the same as our constitutionally defined dollar


Let us not forget what Congressman Louis T. McFadden stated in 1932:


"We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it".


JWK

If the US dollar lose a sufficient amount of its value it will no longer function as a global reserve currency.

When that comes to pass, the US loses the "free lunch" it acquired in 1971.

Michael Hudson began reporting on that process a year later:

"My book 'Super Imperialism' was about how the United States has gained a free lunch by establishing the dollar as international reserve currency by replacing gold.

"I also showed that the U.S. balance of payments deficit is almost entirely military related to support its 800 bases around the world.

"Ending the gold-exchange standard in 1971 created a situation in which the excess U.S. dollars thrown off by the U.S. payments deficit end up in foreign central banks.

"For these central banks, the inflow of surplus dollars poses the problem of what do we do with them.

"Central banks don’t buy stocks and bonds, or control of corporations, because that is risky and also does not directly help their own economy.

"So central banks buy US Treasury bonds and bills – IOUs of the U.S. Government.

"For the United States, the money that is spent on running a balance-of-payments deficit on military account and on American investors buying Chinese stocks and Chinese companies, dollars are recycled back to the United States to buy US Treasury bonds."

Dollar Recycling | Michael Hudson

 

[johnwk]

It's 2022 and politics is 100% about control.

I was wondering where the thread disappeared to . . . I guess this is where the thread dies.

 

[johnwk]

If the US dollar lose a sufficient amount of its value

The United States constitutionally defined dollar is not and will not lose its value.

JWK

 

[Toddsterpatriot]

So, how does the above relate to the “dollar” and our Wall Street Bankers’ money game? Ordinary working people have been totally convinced that a Federal Reserve Note, which is used to pay earned wages to ordinary working people, is the same thing as a dollar, and that lie is continually hammered into the heads of America’s laboring class citizens as exhibited in the above-mentioned article.

You should definitely stop using them.

 

[Ringo]

From the Pelevin's book "Methuselah's Lamp, or The Last Battle of the Chekists and Masons" (2016)

"... – Our G.D.P., if you look at it, is consumption on loan. You've heard about nineteen trillion in debt – but it's only a direct debt. The total liabilities of the American government are one hundred trillion. Obama doubled the debt. Before him, the debt was doubled by Bush. And this, apparently, can no longer be stopped. Even in order for the growth of G.D.P. to become less and less, it is necessary to borrow more and more. Our Nobel laureates in economics say with one voice that this can be continued without end, because there will always be demand for dollars… But we have a sneaking suspicion - maybe they are saying this in order to be given the Nobel Prize in economics? You know how cynical and calculating people are today…

Kapustin nodded.

"We are not sitting idly by," the Month continued. – We conduct analysis, make mathematical approximations. And they all indicate that there will be a tipping point somewhere in the future. The moment where shit will finally hit the fan. Almost all models agree on this – they only give different terms. There will be a crisis, compared to which all past economic disasters will seem like children's matinees. This will happen when creditors lose faith in our ability to pay debts with money, which remains, as it is in Russian, value. You understand that even in a free society, brainwashing only works up to certain limits. The market is a huge herd of timid sheep. And if all the sheep run away from the dollar together, a financial tsunami will rush over the planet – and wash away human civilization as we know it today. The horror is that we will not be able to stop this wave – and it will most likely start on our own Wall Street… What do you think will happen next?

- A complete financial disaster? The collapse of America?

"No," said the Month. - The war. The same big and terrible redemptive war that will clean up all the books again. And, as you probably guessed, you will be fighting in it again. And, most likely, with themselves. With a good outcome, we will have a new Bretton Woods, and you will have a new Victory Day. And with a bad... with a bad outcome in this war, the whole world will burn down along with the accounting books. But there is no choice.

"It's terrible–" said Kapustin. - Really terrible.

- Do you understand the agenda now, Brother Theodore? If we don't want the world to burn down – and we're normal people and we don't want that, right? – we have to rally around the dollar. This is our new Stalingrad. If we had a hypnotic machine capable of endlessly maintaining humanity's faith in the dollar, we would solve the problem quietly and peacefully. But there are no such cars. Today we live in a bubble of hope, which our heroic media inflate with the last of their strength, but when it bursts, it will crush everyone… Therefore, there is only one way out.

- Which one?

– We can't prop up the dollar from the inside. We can only prop it up from the outside.

– But what exactly are we going to support him with?

"You will laugh," the Month replied– "at the very chaos that your assistants talk about so much. Turbulence. No matter how the dollar is doing, everything else should be even worse. And much more, Theodore.

Kapustin nodded thoughtfully.

– Just where do you think this turbulence should be? The Month asked.

- In the world?

- no. There must be order in the world. Turbulence, as your classic put it, should be in the heads. And for this you need a scarecrow. Scary. And, most importantly, a big one - because baby Kim alone already looks a little funny. You know, Theodore, you understood Star Wars so well that I'll tell you straight out - if Russia didn't exist, we would have to invent it. A bear in a china shop is fine. A hybrid war of everyone with everyone is exactly what is needed. Provocations, all sorts of incidents. And rockets, rockets. More rockets! In one gulp, in one gulp! Europe remains united. NATO is emerging from the crisis. Big-nosed earwigs are trying to finance a new Death Star. And everyone is sitting in the dollar. Wonderful! Keep it up!

– Are you serious? Kapustin asked.

The Month nodded.

"But that's not all," he said, "the most important thing is that we are launching a new round of quantitative easing in the form of Cold War spending. Simply put, you guys are giving us a legitimate reason to turn on the printing press again. Just a gift from the sky. So keep banging your head against the wall, but with a clear understanding that you are serving civilization. Only coordinate on special channels. And so everything is true. Scare humanity, sit in treasuries – and fuck your ballerinas. This will be your business next to ours. And at the same time a place in the modern world order. Unique, special – and unlike anyone else. And if you want more of the Russian world, we will help you here. Do you remember how it was in Moscow under Luzhkov? It was worth a million dollars just to meet and talk, without any obligations. That's what we're going to do now. If you want to talk about something, buy a treasure first…

"It's harsh–" Kapustin said, scratching his chin.

– But why is it harsh, Theodore? As you will not understand: a treasure is very good! But that's not all. We'll probably have to take migrants. What do you have, eleven? Well, probably three million more… If they want to come to you, of course..."

 

[georgephillip]

The United States constitutionally defined dollar is not and will not lose its value.

Eagle (United States coin) - Wikipedia

Are you expecting a return to bimetallism?

 

[fncceo]

LOL. Your dollar doesn't buy as much and everything is going through the roof.............yes the dollar is dying.

One of the advantages of being old(er) is that you can remember other times of certain doom.

In the early '70s, the US economy and the dollar were quite week compared to European currencies.

Again in the last '70s, early '80s, inflation was rampant.

Today's inflation is lackluster in comparison.

However, it's probably more exciting to believe we are all on the edge of extinction.

 

[eagle1462010]

One of the advantages of being old(er) is that you can remember other times of certain doom.

In the early '70s, the US economy and the dollar were quite week compared to European currencies.

Again in the last '70s, early '80s, inflation was rampant.

Today's inflation is lackluster in comparison.

However, it's probably more exciting to believe we are all on the edge of extinction.

I remember Carter and the gas lines. Wasnt worse than now. Not even close even though we were in gas lines then.

 

[bugs]

LOL. Your dollar doesn't buy as much and everything is going through the roof.............yes the dollar is dying.

DollarCollapse.com - Tracking De-dollarization in realtime

Tracking de-dollarization in real time, covering precious metals, gold, silver - the Dollar Collapse and the end of the Fiat System as we know it.

www.dollarcollapse.com

 

[bugs]

LOL. Your dollar doesn't buy as much and everything is going through the roof.............yes the dollar is dying.

yep...