Update: After writing this article, I discovered that cryptocurrency may be the digital currency that the New World Order wants to use to enslave the people. Read my article titled The Artificial Matrix and the Hidden Agenda of Digital Currency for more information about the hidden agenda of cryptocurrency.
Ever since I went public nearly six years ago by publishing some articles about the secrets of the banking industry, I have been warning people that there is a good chance the dollar could lose its status as the world’s reserve currency. The idea that the dollar could lose its status as the world’s reserve currency is often laughed at by conventional economic experts. These so called economic experts are often arrogant and ignorant, which is why they have such a hard time accepting the possibility that the dollar could collapse.
The current dollar, also known as Federal Reserve note, is a financial instrument based on fractional reserve banking principles. In other words, the current dollar is a note that relies on debt to survive. Monetary systems that rely on debt to survive will always collapse. Why? Because the debt they accumulate will keep compounding until it grows so large that the government won’t be able to pay the interest of the debt. When this happens, we will experience another major economic collapse. The good news is that most debts are fraudulent and thus we aren’t obligated to pay them. How do I know that they are fraudulent? Read further and you will know why.
The picture of the one dollar bill below is evidence that the dollar is a debt instrument and not actually real money. When you look at the image, pay attention to the phrase “FEDERAL RESERVE NOTE” at the top of the front side of the one dollar bill.
Did you notice that the phrase “FEDERAL RESERVE NOTE” has the word “note” in it? The word “note” is another name for debt. In other words, when you use a financial instrument (e.g., credit card, check, paper money) backed by Federal Reserve notes to purchase goods and services, you aren’t exchanging real money but are exchanging debt. This type of debt based monetary system will only create more debt and thus the people controlled by this system can never pay off their national debt. One important thing you should know about the Federal Reserve is that it isn’t federal and has little reserve. Instead, it is a private bank controlled by mostly foreigners.
Another important thing you should pay attention to is the phrase “THE UNITED STATES OF AMERICA.” Whenever you see the phrase “United States” or “United States of America” written in all caps, it is referring to a corporation. In other words, the phrase “UNITED STATES OF AMERICA” written on the one dollar bill represents the United States Incorporated and not the country called United States of America. For evidence of this, read this empowering article.
Secrets of the banking industry and how the Banksters steal your wealth
The fractional reserve banking system is what some researchers of occultism called Babylonian money-magic. If you have deeply studied how the Controllers (Elites) think and act, you should know that they practice a lot of black magic. Because of this, calling the fractional reserve banking system as a Babylonian money-magic system is actually pretty accurate. This monetary system is a transnational criminal entity that the Controllers use to enslave us and destroy our standard of living. As long as this Babylonian money-magic system is the main financial system used by humanity, we can never be free.
One of the main ways the Controllers use the debt based monetary system to steal our wealth is through inflation, which is nothing more than a hidden tax on the people. Below is an excerpt from my free ebook Money Does Grow On Trees about how inflation is nothing more than a hidden tax on the people.
To help clarify why inflation is a hidden tax, let us look at how the fiat monetary system (a monetary system backed with little or no value) works behind the scene. Most countries that have a fiat monetary system also have a central bank that prints their money for their government. In the case of the USA, the Federal Reserve (Fed) is the central bank that prints its money. However, this was not always the case. Before the Fed was established in 1913, the USA’s government had the power to print its own money free of interest.
Behind the scenes, this is how the Fed works. When the USA’s government needs money, it relies on the Fed, which has the power to print money. The Fed agrees to give the USA’s government money in exchange for government bonds. Once all is said and done, the Fed prints out the amount of money requested by the USA’s government. So, why is this a bad thing? It is bad because the Fed is basically creating money out of thin air and loaning it to the USA’s government. This is no different than borrowing money from a foreign country. Money that is created out of thin air has no value. If you understand economics, you know that this will decrease the value of the current existing money supply, which can lead to inflation. Inflation is nothing more than a hidden tax on the public. The value of a country’s currency is mostly dependent on the goods and services of that country, not its injection of more money into the current money supply. With this type of money system, it is impossible to get our nation out of debt…
The reason why printing money out of thin air causes inflation is because the value of that money has to come from somewhere. When a central bank prints money to loan it to the government, it decreases the purchasing power of the existing currency of that country by sucking some of its value into the new printed money. In order for businesses of that country to stay competitive, they have to increase the price of their goods and services, causing inflation. Otherwise these businesses would go bankrupt because their profit margin would shrink. This is because it costs these businesses more money to produce goods or services due to the devaluation of their country’s currency.
Most public and private debts are owed by central banks and not by the people
If you live in a country that uses the central debt based banking system to lend out loans, your country’s national debt is mostly owed by central banks and not by the citizens of your country. This is due to the fact that when you visit banks to ask them to lend you money, they aren’t really lending you real money. Instead, they give you a promissory note or contract to sign, which is basically an IOU. The only reason why the promissory note given to you by your bank has value is because you agreed to pay the bank back with real money.
Another banking secrets you should know is that banks also sell your promissory note to investors behind your back without your knowledge. By doing this, banks can earn a lot of extra money based on the value of the promissory note that you promise to pay back with real money. To make matters worse, the credit loan your received from the bank isn’t backed by real money like how it used to be. Instead, it is created out of thin air with a stroke of a pen or by typing a bunch of numbers into a computer. When you step back and really study this process, banks are pretty much committing fraud and thus their actions void the loan contract.
Once you understand that banks often don’t lend you real money, then you should know that most of the debts of the world are owed by the Banksters (banking Elites) and their central banks. These banks make profits by creating money out of thin air, which is basically fake money, and loaning it to us and our government with interest. In other words, they are lending us money that they don’t have and then stealing our wealth by making us pay them back with real money.
These secret ways of trapping us in large amounts of debt are why the Banksters get richer while we get poorer. Do you now understand why the current fractional reserve banking system is a transnational criminal financial organization? This type of financial system is based on fraud, and therefore it must be replaced by a better financial system or we can never be free.
For a deeper explanation and visual evidence of how the fractional reserve banking system is a transnational criminal entity, watch the video below.
The Biggest Scam in the History of Mankind – Hidden Secrets of Money 4
Evidence showing that the dollar could lose its status as the world’s reserve currency
One of the biggest signs that the dollar could lose its status as the world’s reserve currency is the action of the BRICS. Recently, the BRICS nations (Brazil, Russia, India, China, and South Africa) came together at a summit in Brazil to establish a new development bank to compete with the IMF and World Bank. The meeting was a success and is one of the most important financial news since the creation of the IMF and World Bank. However, the Western mainstream media barely cover this world changing event. Why is that you may ask? Because the Western mainstream media is highly controlled by the banking Elites.
If we don’t allow the new development bank of BRICS to become corrupt like the IMF and World Bank, it will give many struggling countries access to funds to finance their economic development projects and therefore strengthening their economy. This could usher a new age in which any country can prosper without being destroyed by fraudulent debt.
Some other big signs that many countries are abandoning the dollar or are thinking about it can be found in the energy market and gold-backed sovereign wealth funds. Russia, China, India, Brazil, South Africa, Saudi Arabia, Europe, and many other countries are now taking actions or are in the process of taking actions to exclude the dollar from energy trading.
The emergence of digital cryptocurrencies (e.g, bitcoin) is another sign that the dollar could lose its status as the world’s reserve currency. If used correctly, cryptocurrencies could replace conventional currencies, because cryptocurrencies don’t need a centralized entity (e.g., central bank) to operate. Most cryptocurrencies can do this because they are open source and aren’t controlled by anyone, just like the Internet.
Cryptocurrencies are becoming popular very fast due to their little transaction fees and flexibility. Unlike traditional currencies, you can send cryptocurrencies to anyone in the world without going through a financial institution. Since cryptocurrencies are digital, as long as the person have an internet connection and the right software, you can exchange cryptocurrencies with that person.
Many big companies are already accepting cryptocurrencies as a payment option for their customers. Dell and Overstock are two big companies that have just recently accepted cryptocurrencies. PayPal, eBay, and Dish Network are planning to accept them in the very near future.
What will happen if the dollar loses its status as the world’s reserve currency?
If the dollar collapses and loses its status as the world’s reserve currency, countries that rely heavily on the value of the dollar will experience major inflation. In extreme cases, it could lead to hyperinflation. The United States is the country that will suffer the most if the dollar collapses. Countries that rely heavily on the value of the dollar will also suffer, which is why many countries are starting to abandon the dollar.
In the United States, most of us don’t understand that the reason why many commodities are cheaper here is because the dollar is the world’s reserve currency; therefore, it is almost accepted everywhere. As a result, we Americans can consume as much as we want and buy as much as we want without worrying about our currency dramatically losing its value. If other people from another country try to consume as much as they want without producing just as much, their currency’s purchasing power would dramatically decrease, because it isn’t the world’s reserve currency. When the value of a country’s currency decreases, the people living in that country will suffer due to inflation.
If the dollar crashes, most people living in countries that rely heavily on the value of the dollar will lose a lot of their savings and investments and their standard of living will drop down to near third world status, unless they take actions to save their savings and investments. The good news is that most of our national debt isn’t owed by us. We can actually stop the collapse of the Western economy by making the Controllers responsible for creating their fraudulent debts. If we don’t succeed in bringing the Controllers to justice, Western countries will suffer greatly due to economic collapses and inflation problems.
How to prepare yourself for the collapse of the dollar
For more than five years, I have been warning readers about the Western financial problems that are destroying the value of the dollar. Since the Federal Reserve was created in 1913, the dollar has lost a lot of its value. Some financial experts claimed that it has lost more than 95 percent of its value. This is one of the main reasons why since 1913 gas prices have increased from a few cents per gallon to nearly five dollars per gallon in the United States. This is what happens when we allow central banks to print fiat money and loan it to our government with interest.
Besides warning readers of the consequences of inflation, I also told them to prepare themselves in case things get very bad. If you are one of those people who took my advice seriously and prepared, you should go through this event with few problems. If you are one of those people who didn’t take my advice seriously, there is still time to prepare. One of the first things you should do is store enough food and water for you and your family. I suggest storing about a week’s supply of food and water. As for saving your assets, download my free ebook Money Does Grow on Trees and study the information in it.
I don’t believe the dollar will collapse to the point where we will experience hyperinflation. However, anything is possible so it is wise to prepare for the worst and hope for the best. You have been warned!
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Category: Economy & Finance