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Economic Collapse Logistics For The Government

Economic Collapse Logistics For The Government When a national currency collapses, the government goes into survival mode and does what is necessary to insure its continued existence. The state power becomes all important and citizens become expendable. The state exists for it’s own fulfillment. When the monetary system collapses along with the banks, the government will […]

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Another step toward cash confiscation in Europe

Another step toward cash confiscation in Europe From today’s Open Europe news summary: ECB TO HALT PRODUCTION OF €500 NOTE, BUT IT WILL RETAIN ITS VALUE The European Central Bank announced yesterday that it would stop printing the €500 note from the end of 2018 due to, “concerns that this banknote could facilitate illicit activities.” […]

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Why I Think there Will Be a “Dollar Panic”

Why I Think there Will Be a “Dollar Panic” The Great American Credit Collapse Please remember this warning when you go to the ATM to get cash — and there is none. While we were thinking about what was really going on with today’s strange new money system, a startling thought occurred to us. Our financial system could […]

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A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York

A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York Last month, a “secret meeting” that involved more than 100 executives from some of the biggest financial institutions in the United States was held in New York City.  During this “secret meeting“, a company known as “Chain” unveiled […]

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While America Debates the $20 Bill, China Moves Closer to Gold

While America Debates the $20 Bill, China Moves Closer to Gold On Wednesday, Jack Lew announced that the US Treasury was following Ben Bernanke’s advice and keeping Alexander Hamilton on the $10, instead deciding to bring Harriett Tubman to the $20. While Lew’s news left America distracted in debate over whose portrait should grace the Federal Reserve’s most popular […]

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Gold is the spectre haunting our monetary system

Gold is the spectre haunting our monetary system A scramble for gold has begun as central banks bet against US dollar inflation  CREDIT:ALAMY   For a century, elites have worked to eliminate monetary gold, both physically and ideologically. This began in 1914, with the UK’s entry into the First World War. The Bank of England wanted […]

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The Strange Idea of Negative Interest

The Strange Idea of Negative Interest This article addresses the role of demurrage (negative interest) in the design of new currencies. But it takes a roundabout route with diversions around the zero and negative interest rates being currently applied to fiat money; and a detour via positive interest which is itself a stranger idea than […]

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Bernanke’s New Helicopter Money Plan——-Sheer Destructive Lunacy

Bernanke’s New Helicopter Money Plan——-Sheer Destructive Lunacy If you don’t think the current central bank driven economic and financial bubble is going to end badly, recall a crucial historical fact. To wit, the worldwide race of central banks to the zero bound and NIRP and their $10 trillion bond-buying spree during the last seven years was the brain child of Ben S […]

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State of Fear – Corruption in High Places

State of Fear – Corruption in High Places  Mr. X and his Mysterious Benefactors As the Australian Broadcasting Corporation (ABC) reports, a money-laundering alarm was triggered at AmBank in Malaysia, a bank part-owned by one of Australia’s “big four” banks, ANZ. What had triggered the alarm? Money had poured into the personal account of one of […]

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$3 Trillion Black Hole Could Destroy Economy: “True Extent of Pension Problem Has Been Obscured”

$3 Trillion Black Hole Could Destroy Economy: “True Extent of Pension Problem Has Been Obscured” Yet another reason why taxes are going up,  cities and states are going broke, and the world is approaching financial implosion… As if the world needed another dangerous and volatile factor in the mix of looming economic downturn. Unfunded liabilities […]

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Mary Mellor’s “Debt or Democracy”: Why Not Quantitative Easing for People?

Mary Mellor’s “Debt or Democracy”: Why Not Quantitative Easing for People? Although it is widely assumed that governments are the source of all new money – through “printing it” – the so-called private sector is the source of most new money put into circulation.  In one of the most successful enclosures of the commons in […]

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Adam Trexler: A New Way to Hold Gold (2016 Update)

Adam Trexler: A New Way to Hold Gold (2016 Update) Right alongside the bills in your wallet  What if you could carry and exchange gold in the exact same manner as you do with the dollar bills in your wallet? Two years ago, we introduced the precious metals community to a company called Valaurum, which […]

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Panama is Small Change

Panama is Small Change There is a conspiracy engaging in theft, counterfeiting, fraud, extortion, blackmail, bribery, influence peddling, drugs, terrorism, and war that makes the Panama Papers’ exposures look like a small-town police blotter account of juvenile shoplifting. This criminal enterprise launders trillions, not billions, of dollars; it involves major political, business, financial, academic, and […]

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Gold: Still Misunderstood

Gold: Still Misunderstood  Myths That Just Won’t Die Gold just had its best quarter in 30 years. Not surprisingly, gold bears are coming out of the woodwork en masse in the mainstream media and the analyst community (see e.g. this recent write-up by Mish on the Goldman Sachs analyst who has been screaming “short gold” since right before it started […]

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Cash Banned, Freedom Gone

Cash Banned, Freedom Gone  Some politicians want to ban cash, arguing that cash is helping criminals. The first steps in that direction are the withdrawal of big denomination notes and the limits imposed on cash payments. Proponents of a ban on cash claim that this will help fight criminal transactions — involved in money laundering, terrorism, and […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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