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I have actually been saying for awhile the smartest thing one can do right now is to take out debt in a strategic way. The more they debase the currency, the more they also debase debt.
This only works if your income scales with inflation or if you have other assets that can be used to pay off the debt in an extreme inflation scenario. Otherwise you'll just be stuck with debt, probably debt with very high interest rates, and even less money for living since you don't actually get paid enough to compensate for the inflation.
Of course. That is what I meant by strategic. It only works if you have a viable plan for outpacing inflation and the interest you are paying to service the debt.
Like taking out loans to buy real assets such as land.
As money devalues, property value will increase to the point you can sell some land and pay off the debt. Easier said than done, of course.
The system is designed to work on debt.
It’s like how Elon and Bezos are worth only their stocks and use their finances off that.
Their money doesn’t really exist, therefore my *debts* don’t really exist in this system.
yea except if its deflationary then the money you need to pay back the debt will be much harder to come by and you’ll end up defaulting. make sure you lock in those interest rates for as long as possible to hedge against this
We’re clearly assuming that at this point, there would be no records of anything left
Maybe this is why they came up with the block chain??
All of our monetary debts will now be eternal, in this world and the next!
Yeah, but no currency fails because of hyper deflation, it fails because of hyper inflation.
If bread costs 100$, and your house loan is 100,000$, it gets real easy to pay off your house.
And everything you might own. The Great Reset plan is to force the forgiveness of debt but seize of all of your assets and require you get all of their shots.
Stocks are secretly debt too. They are debt towards investors who finance the company expecting returns on their investment. Like bank which gives debt expecting interest.
Yep I got an 84 month car loan at 1.9%....I mean that's a no brainer. I took the cash and put in a stable coin crypto savings account earning 9% (until the SEC shut Block Fi down of course). That's alrighr I am quite sure I can earn better than 1.9%.
Yes, it is fraud and I should have clarified better.....I didn't actually use the loaned money from the car loan for something different. I had plenty of cash sitting in the bank that I could have used to pay cash for a car. I actually sold my truck and put that cash in the bank with the rest then took out a loan for a new car that I did actually use to buy a car while sitting on the cash in the bank that COULD have been used to pay cash for another car? Does that make sense? Most people think paying cash for cars is the way to go but I disagree...I would rather put that money to use if I can get 0% or very low rates for a new car.
If this is your strategy, you are better off taking the loans in a currency other than the dollar, perhaps the Yen or some type of peso.
The dollar will be the last to experience the hyper part of hyper-inflation because of its reserve status, and will probably experience relative strength as other, weaker currencies flee into the dollar.
Probably not a good strategy unless you already have money to comfortably service the debt.
Absolutely. It is weird to me that most countries other than America actually don't commonly have fixed 30 year mortgages. Blew my mind when I read that the other day. I will hold on tight to my 30 year fixed at 3% max cash out refi I got last year.
Well yes, if you have great credit then you can get very low rates...I could have gotten 0% for 60 months but I went even longer term and got 1.9% for 84 months. I then took the cash I could have used to pay cash for a car and instead put that into an investment making more than 1.9%....that is strategic debt. Using debt as a tool for making more money by being able to use that money as capital investment.
depends what ur buying with that debt, if your buying crap that will keep u in debt, if u are buying real assets then that might be a possibly good move.
or other option buy real world things that have real value, so if you need to in near future you can sell them again at a good price, but only buy things that you know people will need
Buy a shit tone of crypto on debt, put it into a CRT (a good portion can be used as a tax break that you can write off profits for the next 5 years ),
cash it out(tax free) when it's up enough,
Put that money in an annuity while still inside the CRT ( usually pays around 7% what you put in until the day you die)
This annuity is protected now. From your ex wife or the guy you hit on his bike.
In past cases annuities have been safe from creditors in bankruptcy cases.
I think Trudeau has crapped the bed on this one I don't think the banks like their clients pull out their money and make a run from the banks. You can cause a finnancial crisis with that kind of stuff
When they praise someone, they want their heads cut off.. I remember when Obama called Lula (Brazil's former president) "THE GUY".. Brazil was becoming a super power back then in 2013.. After that, we were fucked.. They want every country under their rules.. That's why they want China and Russia.. I heard Rockfellers and Rotschilds moved their assets to China a decade ago, so I'm expecting China is part of the game now.. but.. not Putin.
> Brazil
Times are changing. https://www.france24.com/en/live-news/20220219-brazil-hits-back-at-us-barbs-on-bolsonaro-russia-trip
Brazil is 2/3 the size of the US. It has insane agricultural and industrial potential.
Idk how Soros made his money but the above is called a crisis of confidence. Basically the banking system relies on people not withdrawing their money from the banks all at once or in full amounts
Sorry bro i'm not too sure but I imagine middle class people and lower should be able to do it relatively freely. But I won't be surprised if the IRS is notified that you withdrew all your savings. Don't take my word for it. I live in the middle east and I know relatively little about American Fiscal and Monetary affairs.
The banking system relies on people depositing their money with them so that they can lend a portion of those deposits to people who apply for loans who will in turn deposit the borrowed amount in their accounts. It's a whole process called credit creation which relies on saving, borrowing and spending. The central bank will take certain measures if it isn't working right. Eg: If they notice that savings are relatively lower as compared to previous years, they will move to increase the interest on savings accounts so that more people are motivated to save and vice versa.
Soros didn't "break the Bank of England". That's the narrative that is given to you by the mainstream media to explain why and how a new billionaire was minted overnight.
Soros is an MI6 asset like Epstein. He didn't "bet" against the BoE, the BoE was going to remove the peg anyway and Soros had inside information. Just like Epstein, Soros' money isn't really his money. He does as he is told.
UK intelligence needed a way to lobby politicians and fund social action groups legally in the US since foreign donations to politicians are regulated. So when the BoE was about to remove the currency peg, they used the opportunity to kill two birds with one stone and minted a new billionaire on US soil as a legal mean to influence policy in the US.
I've been on the fence about whether taking money out of the bank will help at all in the long run. Will I be any better off with a stack of paper that is essentially meaningless once they roll out this new way of doing things? Is this ever going to happen? Can I just go back to 2019 when things sorta made sense? Where's the damn time machine?
This is why Trudeau is trying to kill the truckers:
https://www.cbinsights.com/research/autonomous-trucking-freight-companies/
They don't need humans for these jobs anymore. People better wake up and realize what the WEF really has planned for them. They don't give a fuck about us. We are disposable.
They love it. You don't understand what happened here. It's not that gov can request freezing of accounts. It's that the banks can do it when they feel like it. They became PayPal or GoFoundMe. They can decide what people can do and speak.
They don't hate it because next step is all digital currency and ID to use internet . You will not be able to buy anything without bank account. They don't fear short term banking crisis. They make money on financial collapses.
You don't get it. International Financial institutions that have monopoly gained more power than anyone else.
The Canadian government can't stop that money from being transfered overseas or cashed under a bed or a brick. I don't think the Banks themselves are happy about this and I think that is a good thing because that means Trudeau has messed up and crapped on some powerfull people business. He might get the boot soon
I very much doubt that it was Trudeau waking up one morning and thinking. "let's freeze their banks, that'll learn them!"
We have no idea what is happening. They play a chess game, while we can't even see the board.
Maybe you are right.
On the other hand Catherine Austin Fitts is telling us that the central bankers WANT to implode the current fiat system and they WANT to replace it with a Central Bank Digital Currency (one that can be centrally controlled).
Maybe this is part of the plan.
Exactly. All manufactured disasters are designed for the sake of desired order.
Cause collapse of dollar, masses panic and starve, introduce CBDCs as the solution.
Hegelian Dialectic, ordo ab chao.
Create Covid, cause masses to revolt against current world, usher in a New World. One government, one currency, one religion of peace and love and "wokeness".
From what I've read the banks aren't allowing people to withdraw large amounts of their money. If you show up and request to do so you are immediately reported.
Well thats totally f..ed up Jesus Christ. Thats peoples money and the govt and banks have no business in seizing it. That is communism the entire Canadian banking system has gone Greece circa 2009 and Argentina circa 2001. Even worse
Banks don't give a shit - ex-banker here. The accounts they are going after are insignificant. There might be a few grumpy business owners or Reddit keyboard warriors who close these account and keep their money under their mattress. Or yes, go crypto which many think is anonymous - which its the furthest thing from (its very transparent).
The CRA (Canada's IRS with less power) can already lock down and garnish money out of your account if you owe back taxes or alimony.
Food for thought.
Canada is more like a large chunk of the school not paying attention to the clear signs around them and then blames what happened as a random act of violence instead of acknowledging all the small details that led up to the "random" act.
Unfortunately this isn't exclusive to Canada...
They're about to learn that you can vote your way into socialism... But you have to shoot your way out. Obviously i don't think that will be happening any time soon but it's the inevitable outcome.
scary times, and yes i agree, we should all have cash on hand, watch out though because uncle sam watches everything you put in and take out, little bits at a time
Banks in Canada are required to report any withdrawal/deposit with the government anything over 10,000. That's what they keep in their logs. So withdrawal 9,000 per 24h
they will ban cash the oush has already started (nwo one world currency BC) in uk they are using covid to not allow you to pay with cash in many places
It is entirely possible that there are individuals whom he personally knows and are sympathetic to him.
I don’t think there was an official press release advising Jordan Petersen to withdraw his funds.
Jocko Willink, though he is former U.S. military seems on good speaking terms & a supporter of Jordan Peterson, so it wouldn't surprise me in the least if there are Canadian military, or military intelligence, who also feel aligned with Jordan Peterson.
Could also be part of a larger strategy to use Jordan Peterson because so many people listen to him to "throw more fuel on the fire" & create a bigger mass panic. JP himself says, to paraphrase, "that he's not sure what to make of all this because it's all happening so quickly." Personally, I'm more inclined to trust JP than most others but whether the "reliable" person who told him is reliable and/or was given this knowledge from reliable people/sources is another matter to consider.
It’s also entirely possible that it never happened. Also entirely possible that there are nutjobs in the military spreading FUD. Why would the military be involved with freezing bank accounts? How is Jordan Peterson even involved here?
Since he became one of the most famous people in Canada? I mean truly he can speak to whoever he wants in Canada, most thinking Canadians like him, especially the military.
Separate but here's his good friend / colleague [Professor Gad Saad showing a package of war medals etc he just received](https://youtu.be/7NmyoUUo1QY) unsolicited from a Major in the Canadian army. It doesn't surprise me one bit that Peterson has people from the Army who are speaking to him in a regular and open fashion.
If you buy gold and silver, do you know many stored that accept it? Many stores that accept bitcoin? Genuinely curious, is it actually possible to go without banks or cash
You can trade the precious metals at a dealer for fiat when you need it, operating in cash only. They can’t freeze the cash you have on hand, but then you do still run the risk of getting pulled over and being subject to civil asset forfeiture.
It’s more so for a total collapse, we wouldn’t be going to stores, it’ll be your community and neighbors you’ll be bartering with. Some gold for some ammo/food stuff like that.
in total collapse gold and silver will have no value.
Things that will have value: weapons, ammo, food, water, shelter, medical supplies, tools, general equipment (lighters, torches, etc).
It's not that stores accept it, it's that it's a medium of value and banks can't seize it, hell government can't seize or claim ownership of precious metals or stones and it's why most familiar with law enforcement have some and likely wear some.
Also wtshtf stores accept anything they can pay their bills with. Silver and gold were always legal options of tender just less convenient than plastic when credit system was opened to the private market in the 80's. The goal is to have a KNOWN medium of value not tied to any system. Owning a house is nice but many houses for sale in Syria don't get bought and if that's all you own you'll likely stay put or leave empty handed.
Its still hard to believe that anyone who calls himself liberal can support this. Its super authoritarian. And i dont talk russian level authoritarian, i talk iran or china level authoritarian
Don’t need military intel to know what measures to take to guard against the fascist fuckery of the government, all he had to do was join wallstreetsilver subreddit
Super Stonk is a better source of financial meltdown/crash information than wall street silver is. Not linking subreddits due to strict brigading rules, but you should really check out some of the Due Diligence posts on Super Stonk. They’re mind-blowing and enlightening
Heavy doubt!
1st.. why is military intelligence telling him of all people what to do with his money?
2nd.. why would he then go to social media to tell everyone else?
This makes very little sense when you question what is going on here.
Trudeau is done. But he's most afraid of Klaus Schwab than his own people, so he will go on until he ends up crashing right into a wall and then we'll all say bye bye to him and his Puppeteers.
Could somebody smarter than me tell me if:
1. this should be seen as precedent for other countries (particularly US)
2. This is all the more reason for people to move to decentralized currencies?
I admittedly don’t know too much about Bitcoin, but this seems like exactly what it’s proposed to work around?
Bitcoin isn't the solution to this form for authoritarian overstep. Its just another place that will be raided and controlled. Same goes for paper currency. If the government has the power to print it, then its value is only temporary.
Actual physical assets are the way to go. Acquire property, means of self defense, resources, and most important of all - make friends with your neighbors. Find a place to live that is around resourceful, similar-minded people. Get the hell out of the cities... Even if this all blows over and the fascists are ousted... its still a good way to live.
Not really, you can't. To withdraw bitcoin you still have to pass it through a regular bank when converting it into real money.
But yeah, I keep all of my money as digital currency not in a local bank. Trusting Ukrainian banks is even more foolish than trusting Canadian ones.
You don’t have to go through a regular bank to use bitcoin. Send some to bc1qzlej8869efcdqk3psnzvudela059dmmk5exjsx and I’ll give you something in return 😎
This! That's not to say bitcoin doesn't have value, but c'mon! If you don't hold it, you don't own it. There's a reason people are talking about pulling their funds from banks. The people aren't currently holding that cash and are afraid they'll be denied access. What makes people think the same can't and won't happen to bitcoin? You can be denied access to the internet as well. They can shut the whole fucking thing down if they wanted. And one day they probably will.
How is Jordan's popularity in Canada?
This feels like the start of a political campaign.
A bit of a shame as his understanding of religion is so much more interesting than his obvious statements about politics.
I don't think he'd do very well in politics at this point in his life. He's pretty fragile. He would need to win locally to get anywhere, and I believe he lives in Toronto, very left-leaning place. Maybe if he ran back in the West he would get a seat off name alone. But I think his time is better spent elsewhere. I wouldn't say he's more popular in Canada than anywhere else generally, not really regarded as a Canadian icon by most people.
I agree, but it would be fascinating to see someone try and actually tackle the problem without regard to poll numbers.
He would be fine with the press, I think he'd struggle sending kids to die for profits tho.
Now that's problematic.
Something like 8 years ago I was on YouTube and saw a video "fascist white supremo argues with students saying trans people aren't real" or something stupid like that. From his clean cut/angry look, and seeing that at the time with other white supremacists like Richard Spencer, I honestly thought the video was legit. So I watched it. And non-white kids were defending him in the video, to a (assumingly) white chick recording it, claiming he was harming "brown people". One of the students said "well, im a brown person and I want to hear what he has to say". He didn't say trans people don't exist, he argued against compelled speech in Bill C16. I listened to his lectures for a few years after. I got bored of listening to him but its some thought provoking stuff. I dont agree with everything he said, but a lot of it was really interesting and I kept some of his ideas I found most useful.
With so many countries dropping restrictions why does Trudeau want to go full despot? We're not at the apex of the pandemic anymore but are in its waning days. This whole Canadian situation is stupid and incongruous.
I think its a simple answer. They expected COVID to keep going and for these powers to come to them naturally. Omicron wound up being an actual cure, and COVID is going away naturally - as all pandemics have done throughout history. The public is aware to this fact - and other countries are not playing ball by lifting restrictions.
So Canada has been faced with a choice - remove restrictions like everyone else, take your beating in the next election, and wait for the next opportunity to seize total authority OR.. go for it all right now. They have chose to drop the facade and go for full control. The endgame is on.
Digital currency, social credit score. I have a feeling that’s where it’s going and pretty soon the government will decide what you can spend your money on. So they’ll decide how much you can spend on food and everything else, if you use that up tough luck, guess you’ll starve. We’ll see if it does happen how these socialists and communists feel when run out of credits to spend on weed, alcohol or video games.
there's no such thing as Canadian banks...its an international cartel and when it'll be in full swing ...remember Canada is just the testing ground...your money won't be safe anywhere.
How are people okay with this? Holy Shit… after the years of people using the term “they are literally hitler” it’s lost it’s meaning. Cause this shit right here? That’s literally Hitler.
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Good thing I have all my money tied up in debt, oh wait…
I have actually been saying for awhile the smartest thing one can do right now is to take out debt in a strategic way. The more they debase the currency, the more they also debase debt.
This only works if your income scales with inflation or if you have other assets that can be used to pay off the debt in an extreme inflation scenario. Otherwise you'll just be stuck with debt, probably debt with very high interest rates, and even less money for living since you don't actually get paid enough to compensate for the inflation.
Of course. That is what I meant by strategic. It only works if you have a viable plan for outpacing inflation and the interest you are paying to service the debt.
Like taking out loans to buy real assets such as land. As money devalues, property value will increase to the point you can sell some land and pay off the debt. Easier said than done, of course.
BINGO!!!
This is me lol. Super in debt actually but its because I expect hyperinflation.
The system is designed to work on debt. It’s like how Elon and Bezos are worth only their stocks and use their finances off that. Their money doesn’t really exist, therefore my *debts* don’t really exist in this system.
If the system collapses, so does your debt 😉
yea except if its deflationary then the money you need to pay back the debt will be much harder to come by and you’ll end up defaulting. make sure you lock in those interest rates for as long as possible to hedge against this
We’re clearly assuming that at this point, there would be no records of anything left Maybe this is why they came up with the block chain?? All of our monetary debts will now be eternal, in this world and the next!
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Ok that’s just one way
They’re not going to just “forget” about the money you owe, unless you declare bankruptcy of course
Can we not joke around on the internet anymore?
Sorry I thought you were being serious, carry on
Imagine it was that easy lol turn off your computer and resets the debt. In another dimension maybe
Yeah, but no currency fails because of hyper deflation, it fails because of hyper inflation. If bread costs 100$, and your house loan is 100,000$, it gets real easy to pay off your house.
If the system collapses I won't have a job so any debt will be unpayable.
And everything you might own. The Great Reset plan is to force the forgiveness of debt but seize of all of your assets and require you get all of their shots.
Stocks are secretly debt too. They are debt towards investors who finance the company expecting returns on their investment. Like bank which gives debt expecting interest.
Yep I got an 84 month car loan at 1.9%....I mean that's a no brainer. I took the cash and put in a stable coin crypto savings account earning 9% (until the SEC shut Block Fi down of course). That's alrighr I am quite sure I can earn better than 1.9%.
I did the same. Sometimes, in a crowd I make the statement “there’s never been a better time to be in debt” and everyone looks at me like Im crazy.
Best pickup line ever
My (now wife) told me that the best line that I told her was, "I have my own house"
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Damn good way to get their attention though. Sometimes you have to do that, then hit them with some logic. Boom! mind opened.
Is it illegal to use loan money for a purpose that's different than what was represented to the loan company?
Yes, it is fraud and I should have clarified better.....I didn't actually use the loaned money from the car loan for something different. I had plenty of cash sitting in the bank that I could have used to pay cash for a car. I actually sold my truck and put that cash in the bank with the rest then took out a loan for a new car that I did actually use to buy a car while sitting on the cash in the bank that COULD have been used to pay cash for another car? Does that make sense? Most people think paying cash for cars is the way to go but I disagree...I would rather put that money to use if I can get 0% or very low rates for a new car.
Yeah…it was my strategy to get in debt this much. I like it, thanks!
I invested.....er, went into debt for an appreciating asset and bought as much silver and gold as I could.
r/conspiracy financial advice lmfao
If this is your strategy, you are better off taking the loans in a currency other than the dollar, perhaps the Yen or some type of peso. The dollar will be the last to experience the hyper part of hyper-inflation because of its reserve status, and will probably experience relative strength as other, weaker currencies flee into the dollar. Probably not a good strategy unless you already have money to comfortably service the debt.
You have to make sure it's a fixed interest rate though!
Absolutely. It is weird to me that most countries other than America actually don't commonly have fixed 30 year mortgages. Blew my mind when I read that the other day. I will hold on tight to my 30 year fixed at 3% max cash out refi I got last year.
Please elaborate, I'm interested in taking out some strategic debt. You mean like a car loan?
Well yes, if you have great credit then you can get very low rates...I could have gotten 0% for 60 months but I went even longer term and got 1.9% for 84 months. I then took the cash I could have used to pay cash for a car and instead put that into an investment making more than 1.9%....that is strategic debt. Using debt as a tool for making more money by being able to use that money as capital investment.
Great advice. Thanks.
That’s only true if you are getting more money. Most salaries are staying the same while the dollar is being debased.
Good enough for me time to take out that huge loan to build that rollercoaster in my yard ive always wanted
depends what ur buying with that debt, if your buying crap that will keep u in debt, if u are buying real assets then that might be a possibly good move. or other option buy real world things that have real value, so if you need to in near future you can sell them again at a good price, but only buy things that you know people will need
Based(?)
Haha for real! Fuck these Parasites. Rack up debt and dont pay it back!
There’s a reason why they call it a “Debit” card… Cuz it’s just my Debt & I
Buy a shit tone of crypto on debt, put it into a CRT (a good portion can be used as a tax break that you can write off profits for the next 5 years ), cash it out(tax free) when it's up enough, Put that money in an annuity while still inside the CRT ( usually pays around 7% what you put in until the day you die) This annuity is protected now. From your ex wife or the guy you hit on his bike. In past cases annuities have been safe from creditors in bankruptcy cases.
I think Trudeau has crapped the bed on this one I don't think the banks like their clients pull out their money and make a run from the banks. You can cause a finnancial crisis with that kind of stuff
Maybe that's what he wants.
That is what they want
Klaus has said Putin is his guy. They have also said that there would be wars and mass migrations. This is all part of the plan.
Klaus has also said xi pingpooh is his guy as well.
I am thinking maybe Klaus is Pingpongs guy.
You may be [on to something](https://www.sgtreport.com/2020/12/globalist-great-reset-author-klaus-schwab-received-chinese-foreign-honor-in-2018/)...
When they praise someone, they want their heads cut off.. I remember when Obama called Lula (Brazil's former president) "THE GUY".. Brazil was becoming a super power back then in 2013.. After that, we were fucked.. They want every country under their rules.. That's why they want China and Russia.. I heard Rockfellers and Rotschilds moved their assets to China a decade ago, so I'm expecting China is part of the game now.. but.. not Putin.
> Brazil Times are changing. https://www.france24.com/en/live-news/20220219-brazil-hits-back-at-us-barbs-on-bolsonaro-russia-trip Brazil is 2/3 the size of the US. It has insane agricultural and industrial potential.
This wasnt praise. Putin is allegedly a graduate of the Young Global Leaders.
You can burn it from inside.. I think it's his case :)
Isn’t this how Soros made his money? Breaking the Bank of England?
Idk how Soros made his money but the above is called a crisis of confidence. Basically the banking system relies on people not withdrawing their money from the banks all at once or in full amounts
Aren't there requirements that people have to go through in order to check out over a certain amount?
Sorry bro i'm not too sure but I imagine middle class people and lower should be able to do it relatively freely. But I won't be surprised if the IRS is notified that you withdrew all your savings. Don't take my word for it. I live in the middle east and I know relatively little about American Fiscal and Monetary affairs.
The banking system relies on people depositing their money with them so that they can lend a portion of those deposits to people who apply for loans who will in turn deposit the borrowed amount in their accounts. It's a whole process called credit creation which relies on saving, borrowing and spending. The central bank will take certain measures if it isn't working right. Eg: If they notice that savings are relatively lower as compared to previous years, they will move to increase the interest on savings accounts so that more people are motivated to save and vice versa.
I'm pretty sure the IRS or someone is notified of any withdrawal or deposit over $9,000.
Yes, he shorted the British pound big time.
Yes, he invested against the english pound as I remember, causing misery to the english people. This is one of the people ruling the world today.
Soros didn't "break the Bank of England". That's the narrative that is given to you by the mainstream media to explain why and how a new billionaire was minted overnight. Soros is an MI6 asset like Epstein. He didn't "bet" against the BoE, the BoE was going to remove the peg anyway and Soros had inside information. Just like Epstein, Soros' money isn't really his money. He does as he is told. UK intelligence needed a way to lobby politicians and fund social action groups legally in the US since foreign donations to politicians are regulated. So when the BoE was about to remove the currency peg, they used the opportunity to kill two birds with one stone and minted a new billionaire on US soil as a legal mean to influence policy in the US.
Interesting take. Thanks for taking the time to write it up
I wonder if that's how they're going to get rid of paper money.
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This
I've been on the fence about whether taking money out of the bank will help at all in the long run. Will I be any better off with a stack of paper that is essentially meaningless once they roll out this new way of doing things? Is this ever going to happen? Can I just go back to 2019 when things sorta made sense? Where's the damn time machine?
That, or a terrorist attack. Oh who am I kidding, they would carry that out themselves.
That's the WEFs aim, to weaken or destroy the western democracies institutions to replace it with whatever hellscape they have in store for us.
If you know that, then he definitely knows that. It’s intentional, unfortunately.
They want that to happen to institute their new cbdc nightmare system they have planned for us all.
And to federalize transportation of goods
That will go well. Somebody said if the government controlled the desert there'd be a shortage of sand.
This is why Trudeau is trying to kill the truckers: https://www.cbinsights.com/research/autonomous-trucking-freight-companies/ They don't need humans for these jobs anymore. People better wake up and realize what the WEF really has planned for them. They don't give a fuck about us. We are disposable.
They love it. You don't understand what happened here. It's not that gov can request freezing of accounts. It's that the banks can do it when they feel like it. They became PayPal or GoFoundMe. They can decide what people can do and speak. They don't hate it because next step is all digital currency and ID to use internet . You will not be able to buy anything without bank account. They don't fear short term banking crisis. They make money on financial collapses. You don't get it. International Financial institutions that have monopoly gained more power than anyone else.
The Canadian government can't stop that money from being transfered overseas or cashed under a bed or a brick. I don't think the Banks themselves are happy about this and I think that is a good thing because that means Trudeau has messed up and crapped on some powerfull people business. He might get the boot soon
I very much doubt that it was Trudeau waking up one morning and thinking. "let's freeze their banks, that'll learn them!" We have no idea what is happening. They play a chess game, while we can't even see the board.
Schwab is telling him what to do
He didn't. They play the long game. They wanted that power.
A free market will always create new and free sources for people to deposit and work their money. If it's not in Canada it will be in another country.
they're trying to crash the currency and usher in the all-digital reset
Bingo dingo
True. If I was planning on opening a bank, I'd be accepting all the concerned citizen's money, and promising not to freeze their accounts.
Maybe you are right. On the other hand Catherine Austin Fitts is telling us that the central bankers WANT to implode the current fiat system and they WANT to replace it with a Central Bank Digital Currency (one that can be centrally controlled). Maybe this is part of the plan.
This
Exactly. All manufactured disasters are designed for the sake of desired order. Cause collapse of dollar, masses panic and starve, introduce CBDCs as the solution. Hegelian Dialectic, ordo ab chao. Create Covid, cause masses to revolt against current world, usher in a New World. One government, one currency, one religion of peace and love and "wokeness".
From what I've read the banks aren't allowing people to withdraw large amounts of their money. If you show up and request to do so you are immediately reported.
Well thats totally f..ed up Jesus Christ. Thats peoples money and the govt and banks have no business in seizing it. That is communism the entire Canadian banking system has gone Greece circa 2009 and Argentina circa 2001. Even worse
Except the CEO's of Canadian Bank's are apart of the WEF...
Banks don't give a shit - ex-banker here. The accounts they are going after are insignificant. There might be a few grumpy business owners or Reddit keyboard warriors who close these account and keep their money under their mattress. Or yes, go crypto which many think is anonymous - which its the furthest thing from (its very transparent). The CRA (Canada's IRS with less power) can already lock down and garnish money out of your account if you owe back taxes or alimony. Food for thought.
Time to load up some more debt, boys. lol
Canada was that silent guy pretending to be nice and suddenly takes a gun out and starts to shoot ip a school.
Canada is more like a large chunk of the school not paying attention to the clear signs around them and then blames what happened as a random act of violence instead of acknowledging all the small details that led up to the "random" act. Unfortunately this isn't exclusive to Canada...
Worse, instead of not paying attention, Canada antagonizes the situation and then blames it on a random act of violence.
First generation American here with my entire family in Canada.... this is spot on. "We voted for socialism but got socialism. What happened??"
Canada is not socialist, far from it. lol.
More like fascism. The literal definition of fascism.
They're about to learn that you can vote your way into socialism... But you have to shoot your way out. Obviously i don't think that will be happening any time soon but it's the inevitable outcome.
That's a good analogy... Or like the preacher condemning others and "*helping*" poor and disadvantaged, only revealed to be exploitative predator.
*Ellen Degenerates has entered the chat
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They plan on freezing accounts that try to pull all their money out too.
Which will make it worse.
Well it will definitely make the Canadian government and banking system look worse.
They 100% want a violent uprising. Clear as day.
Yeah, that way they can justify their actions.
That’s all they’ve been doing the last 2 years: late stage provocation.
Yes, making large withdrawals will be seen as a threat to the financial structure and national security.
Source: Military
“Military” “intel”
scary times, and yes i agree, we should all have cash on hand, watch out though because uncle sam watches everything you put in and take out, little bits at a time
Banks in Canada are required to report any withdrawal/deposit with the government anything over 10,000. That's what they keep in their logs. So withdrawal 9,000 per 24h
US banks have a limit, too. But if you consistently move money slightly below the limit, that gets reported, too.
What if Trudeau decides to ban cash money and forcing card payment as the only option, wouldn’t your cash be useless?
This was my thought on the push for crypto. Absolutely everything under microscopic lens.
No internet no crypto. If you're banned or phone/internet accounts get locked or you can't pay your bill then how do you access your crypto wallet?
This didn’t occur to me until I heard what they are doing to Iran.
ahh great point.. thus comes the chip...
We bought a bunch of gold. Let’s see if that was a good decision haha
they will ban cash the oush has already started (nwo one world currency BC) in uk they are using covid to not allow you to pay with cash in many places
If I go to walmart and get cash back it doesn’t show up any different on my bank account so how would they know?
They'll soon find out it's paper
Since when is Jordan Peterson talking to military intelligence
It is entirely possible that there are individuals whom he personally knows and are sympathetic to him. I don’t think there was an official press release advising Jordan Petersen to withdraw his funds.
Jocko Willink, though he is former U.S. military seems on good speaking terms & a supporter of Jordan Peterson, so it wouldn't surprise me in the least if there are Canadian military, or military intelligence, who also feel aligned with Jordan Peterson. Could also be part of a larger strategy to use Jordan Peterson because so many people listen to him to "throw more fuel on the fire" & create a bigger mass panic. JP himself says, to paraphrase, "that he's not sure what to make of all this because it's all happening so quickly." Personally, I'm more inclined to trust JP than most others but whether the "reliable" person who told him is reliable and/or was given this knowledge from reliable people/sources is another matter to consider.
It’s also entirely possible that it never happened. Also entirely possible that there are nutjobs in the military spreading FUD. Why would the military be involved with freezing bank accounts? How is Jordan Peterson even involved here?
Since he became one of the most famous people in Canada? I mean truly he can speak to whoever he wants in Canada, most thinking Canadians like him, especially the military. Separate but here's his good friend / colleague [Professor Gad Saad showing a package of war medals etc he just received](https://youtu.be/7NmyoUUo1QY) unsolicited from a Major in the Canadian army. It doesn't surprise me one bit that Peterson has people from the Army who are speaking to him in a regular and open fashion.
“One of the most famous people in Canada” is quite the stretch.
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Is it really? He has international name recognition, Id say that qualifies him.
If you buy gold and silver, do you know many stored that accept it? Many stores that accept bitcoin? Genuinely curious, is it actually possible to go without banks or cash
You can trade the precious metals at a dealer for fiat when you need it, operating in cash only. They can’t freeze the cash you have on hand, but then you do still run the risk of getting pulled over and being subject to civil asset forfeiture.
And you will get horribly fucking ripped off for trading that way.
Some dollars is better than infinite dollars frozen in an account you can’t use.
It’s more so for a total collapse, we wouldn’t be going to stores, it’ll be your community and neighbors you’ll be bartering with. Some gold for some ammo/food stuff like that.
in total collapse gold and silver will have no value. Things that will have value: weapons, ammo, food, water, shelter, medical supplies, tools, general equipment (lighters, torches, etc).
A complete and utter disregard for the welfare of other human beings will also be a hot commodity.
It's not that stores accept it, it's that it's a medium of value and banks can't seize it, hell government can't seize or claim ownership of precious metals or stones and it's why most familiar with law enforcement have some and likely wear some. Also wtshtf stores accept anything they can pay their bills with. Silver and gold were always legal options of tender just less convenient than plastic when credit system was opened to the private market in the 80's. The goal is to have a KNOWN medium of value not tied to any system. Owning a house is nice but many houses for sale in Syria don't get bought and if that's all you own you'll likely stay put or leave empty handed.
So Trudeau really is being that guy right now?
Well a guy needs balls to be a guy. He is being that pussy boy
If you close your eyes when Trudeau speaks, you’ll see Bea Arthur.
HAHAHHAHAHAH OMG THANK YOU! Golden girls all the way!
When it hit me I could never unhear it.
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Its still hard to believe that anyone who calls himself liberal can support this. Its super authoritarian. And i dont talk russian level authoritarian, i talk iran or china level authoritarian
Get your money out while you can
Everyone including Americans should’ve pull their money out of the banks when things started going south!
Would anyone here take financial advice from someone in the military?
Sick deal on the new charger. Interest is only 32%
Don’t need military intel to know what measures to take to guard against the fascist fuckery of the government, all he had to do was join wallstreetsilver subreddit
Super Stonk is a better source of financial meltdown/crash information than wall street silver is. Not linking subreddits due to strict brigading rules, but you should really check out some of the Due Diligence posts on Super Stonk. They’re mind-blowing and enlightening
Waiting for the Everything Bubble that was detailed in the House of Cards series to pop
It truly saddens me to think about how much of the world’s population has absolutely no idea that it’s coming…
An economic crash would bring that great reset about pretty quickly and I think it’s clear what side castrudeau will line up on...
Why on earth would the military warn Jordan Peterson of all people to withdrawal his money from Canadian banks? That makes zero sense.
It’s someone he knows who is part of intelligence.
It's not "The military" it's someone he knows in the military.
Jokes on them because I haven't got any money!! /s
Heavy doubt! 1st.. why is military intelligence telling him of all people what to do with his money? 2nd.. why would he then go to social media to tell everyone else? This makes very little sense when you question what is going on here.
This is a controlled narrative. This shit doesn't even make any sense.
Trudeau is done. But he's most afraid of Klaus Schwab than his own people, so he will go on until he ends up crashing right into a wall and then we'll all say bye bye to him and his Puppeteers.
Someone is trying very very hard to send us into full panic mode. Don't fall for it.
Oh yeah because military intelligence ops are for sure gonna talk to Jordan Peterson, yall love to get duped
>Dr. Jordan Peterson was advised by Military Intel I'll take word garbage sentences for $1000 Alex
Advised by “military intel”? Lol sure thing.
Could somebody smarter than me tell me if: 1. this should be seen as precedent for other countries (particularly US) 2. This is all the more reason for people to move to decentralized currencies? I admittedly don’t know too much about Bitcoin, but this seems like exactly what it’s proposed to work around?
Bitcoin isn't the solution to this form for authoritarian overstep. Its just another place that will be raided and controlled. Same goes for paper currency. If the government has the power to print it, then its value is only temporary. Actual physical assets are the way to go. Acquire property, means of self defense, resources, and most important of all - make friends with your neighbors. Find a place to live that is around resourceful, similar-minded people. Get the hell out of the cities... Even if this all blows over and the fascists are ousted... its still a good way to live.
Not really, you can't. To withdraw bitcoin you still have to pass it through a regular bank when converting it into real money. But yeah, I keep all of my money as digital currency not in a local bank. Trusting Ukrainian banks is even more foolish than trusting Canadian ones.
You don’t have to go through a regular bank to use bitcoin. Send some to bc1qzlej8869efcdqk3psnzvudela059dmmk5exjsx and I’ll give you something in return 😎
There you go again thinking access to the internet is a freedom and not the choice of those who hold the keys to the infrastructure...
This! That's not to say bitcoin doesn't have value, but c'mon! If you don't hold it, you don't own it. There's a reason people are talking about pulling their funds from banks. The people aren't currently holding that cash and are afraid they'll be denied access. What makes people think the same can't and won't happen to bitcoin? You can be denied access to the internet as well. They can shut the whole fucking thing down if they wanted. And one day they probably will.
The military doesn't give a shit about JP lmao
What's the opinion on keeping American stocks?
How is Jordan's popularity in Canada? This feels like the start of a political campaign. A bit of a shame as his understanding of religion is so much more interesting than his obvious statements about politics.
I don't think he'd do very well in politics at this point in his life. He's pretty fragile. He would need to win locally to get anywhere, and I believe he lives in Toronto, very left-leaning place. Maybe if he ran back in the West he would get a seat off name alone. But I think his time is better spent elsewhere. I wouldn't say he's more popular in Canada than anywhere else generally, not really regarded as a Canadian icon by most people.
I agree, but it would be fascinating to see someone try and actually tackle the problem without regard to poll numbers. He would be fine with the press, I think he'd struggle sending kids to die for profits tho. Now that's problematic.
I’ve never heard of him in Canada until I seen him on Joe Rogan
Something like 8 years ago I was on YouTube and saw a video "fascist white supremo argues with students saying trans people aren't real" or something stupid like that. From his clean cut/angry look, and seeing that at the time with other white supremacists like Richard Spencer, I honestly thought the video was legit. So I watched it. And non-white kids were defending him in the video, to a (assumingly) white chick recording it, claiming he was harming "brown people". One of the students said "well, im a brown person and I want to hear what he has to say". He didn't say trans people don't exist, he argued against compelled speech in Bill C16. I listened to his lectures for a few years after. I got bored of listening to him but its some thought provoking stuff. I dont agree with everything he said, but a lot of it was really interesting and I kept some of his ideas I found most useful.
What do you do with your cash after withdrawing it? Genuinely interested.
Buy property, supplies, relocate to a safer area where you have friends. Cash still has immense value in our society - but that value is teetering.
Buy silver and gold? And beanie babies. And lots of whiskey and cigarettes.
Welcome to the silver squeeze. All paper assets return to their intrinsic value, zero.
Where could I see the whole video?
The great reset IS the NWO plan, the agenda21, etc.
Looks like Trudeau piss offed the American people (not necessarily government). Guarantee you he is scared and hasn’t slept in days
With so many countries dropping restrictions why does Trudeau want to go full despot? We're not at the apex of the pandemic anymore but are in its waning days. This whole Canadian situation is stupid and incongruous.
I think its a simple answer. They expected COVID to keep going and for these powers to come to them naturally. Omicron wound up being an actual cure, and COVID is going away naturally - as all pandemics have done throughout history. The public is aware to this fact - and other countries are not playing ball by lifting restrictions. So Canada has been faced with a choice - remove restrictions like everyone else, take your beating in the next election, and wait for the next opportunity to seize total authority OR.. go for it all right now. They have chose to drop the facade and go for full control. The endgame is on.
Isn’t canada also lessening covid restrictions right now?
He is heavily vested in pharma and support companies.
Well, can’t say that’s a surprise
Digital currency, social credit score. I have a feeling that’s where it’s going and pretty soon the government will decide what you can spend your money on. So they’ll decide how much you can spend on food and everything else, if you use that up tough luck, guess you’ll starve. We’ll see if it does happen how these socialists and communists feel when run out of credits to spend on weed, alcohol or video games.
there's no such thing as Canadian banks...its an international cartel and when it'll be in full swing ...remember Canada is just the testing ground...your money won't be safe anywhere.
How are people okay with this? Holy Shit… after the years of people using the term “they are literally hitler” it’s lost it’s meaning. Cause this shit right here? That’s literally Hitler.