Economy

Former Treasury Official Warns: There Will Be “Catastrophic” Consequences U.S. Dollar Loses Status

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From “shtfplan.com” A former treasury official has warned that there will be “catastrophic” consequences if the United States dollar loses its status as the reserve currency. Former Assistant Secretary for Public Affairs for the U.S. Department of the Treasury Monica Crowley said that if this happens, “there would be a complete implosion of the global

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Going Cashless: EU Is Pushing To Criminalize Use Of Physical Cash

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From “technocracy.news” As Central Banks assert control while making way for their dystopian Central Bank Digital Currencies, governments are moved to criminalize the use of cash. It’s an incremental squeeze, lowering the levels of permitted transactions. The war on cash is global, making it obvious that this is a key part of flipping the world

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Engineered financial coup designed to trigger currency crash and usher in CBDC

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This article comes from “citizens.news” An engineered financial coup will trigger a currency crash and pave the way for a central bank digital currency (CBDC), according to investment banker Catherine Austin Fitts. “They want to be able to control, like turn your money off and on, which they can do in an all-digital system,” she told Del

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Why Fractional Reserve Banking Is behind Bank Failures

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From “mises.org” Drug addicts suffer major withdrawal symptoms when they go cold turkey. In the case of high-tech startups and their banks (like Silicon Valley Bank), the super-low-interest-rate stimulant has been taken away by the drug dealer (the Fed) via interest rate hikes. With cheap credit drying up, firms switched to pulling cash out of

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Top 10 health and safety problems people will have to deal with AFTER the banking collapse

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This article comes from “citizens.news” The dominoes will fall. Have no doubt whatsoever, Silicon Valley, Signature, and Silvergate banks are just the first three banks in a long, long line of banks that will not just need bailing out, but will completely collapse in the coming days, weeks, and months of 2023 and on into

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Ford expected to announce HUGE losses in EV sales … other automakers are bound to follow suit

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This article comes from “citizens.news” The main reason why Elon Musk’s Tesla doesn’t take massive losses on its electric vehicles is because a) that’s the only kind of vehicles the company makes; and b) Musk long ago scaled production of Tesla EVs to demand. But the other major automakers who built their brands on the

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Toward Cashless: Panera Bread Debuts Palm Reading Payment System

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From “technocracy.news” Even as the Fed announces the July launch of FedNow instant payment system, national chains like Panera Bread will move toward cashless commerce. Any store that refuses to accept cash should be boycotted and shamed. Cash is legal tender for all public and private debt, and this cannot be overridden by private companies

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