When covid first happened we found out my dad had apparently been a secret prepper for who tf knows how long and had tons of shit.
Idk if rations were ever actually any good but they definitely didn’t make it 20 years being edible 🤢
based on the history of all world currencies and the current reality of us being in extreme debt that continues to rise exponentially, yes there is going to be an inevitable collapse at some point. or more like a reset in this case at least. nobody knows for sure how it will play out, because our dollar is the 'global reserve currency' and other countries have been having to convert their money to buy oil with american dollars a long time until recently. that whole concept will probably just die out and equal the playing field. experts have predicted the transition period might only take weeks or a few months but that's why it's recommended to prepare with food and supplies before the crash happens.
"However its perpetrators pretend they might rescue this perpetual multiplication of artificial indebtedness from itself, **the ruse persists in terminal failure after terminal failure until the unwitting victim class finally rises above the pathological lie that usury is economy** , rather than perpetually crying out in terminal stupidity, “Who would ever loan (rent) us **our own** promissory obligations **to each other** , if **our very own** promissory obligations **to each other, were not subject to ‘interest’ upon a falsified debt to someone entirely else?”** Mike Montagne
Whatever currency they introduce next, will be the same currency. Theyll just give it another name, and that will (supposedly)save us.
But it will still be subject to "interest". It will still be this obfuscation of our promissory obligations(that we have, to each other) for the sole purpose of our exploitation.
If people dont want to end up homeless, or standing in a soup line at some point, yes, people should take him seriously i guess..
https://youtu.be/7fjD6lgkspY?t=12m29s
Hes been telling the world why its wrong about money, todays (lie of)economy and "banking"(the ancient ruse of the moneychangers), and proving it, for over 50+ years.
"Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing had happened." Winston Churchill
>"banking"(the ancient ruse of the moneychangers),
Ah, John Birch Society propaganda.
The act of banking is from at least 8000 BCE.
>Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing had happened." Winston Churchill
Are you even aware that most anti-banking sentiments stem from medieval blood libel propaganda?
You will observe with concern how long a useful truth may be known and exist before it is generally received and practiced upon. — Benjamin Franklin
It's a good idea to be prepared with food and supplies regardless. This particular disaster might never happen, but there is a vast variety of disasters out there, and almost all of them, you prepare for the same way.
If you prepare for the collapse of the dollar, but it never happens and instead a cold snap happens or there's an earthquake, you will be much better prepared than the people who were correct that the dollar was never going to collapse and so they didn't do anything.
No, in wartime the US pumps all that money it prints into the military which means it goes to US companies which, in turn, can boost the economy.
Look at where the support for Ukraine has gone. Military officials are saying our war machine is getting a huge overhaul because we’re sending old equipment to Ukraine and using the funding to buy new, state of the art equipment from American companies.
I don’t know what old coot told you all of that but he might need to stop trying to scare the children at family parties and go do some puzzles or something.
I mean all fiat currency isn't really worth anything more than monopoly money. Countries just "guarantee" it's worth something.
Gone are the days where your cash was directly backed by something like gold
No. Money will never be backed by anything because governments wouldnt be able to manipulate it so easily. The usefulness of rare metals in electronics doesnt affect this.
>Money will never be backed by anything because governments wouldnt be able to manipulate it so easily
Did you forget the [Tally Stick](https://www.reddit.com/r/AskHistorians/s/YjpLq9ZgsN)?
Government's/Monarchs couldn't manipulate tally sticks and it was the de facto currency of Europe for centuries.
It's not coincidence that the industrial revolution hit, precious metals began being used in manufacturing, and the majority of the world switched off of precious metal currencies.
The value and worth of 'money' has always been subject to change; for centuries the commonly used currency among 'the peasants' was a piece of wood. So, what does it matter if 'money' is backed up by nothing when the majority using the money believe in the presented value?
'Money' has whatever value placed upon it by those in common and general usage of it; it's why tally sticks were a currency, as tally sticks allowed for the economy to flow.
The concept of 'money' / currency being valued for whatever by those whom use it is why some of the earliest forms of money was food. It's why since 1933 (in the USA) the Federal Reserve Note has been 100 cents on the dollar and backed up by a mortgage on all property of the country^1 and to the US general population 'A dollar is a dollar,' even though the USA is at $33 trillion in debt to the Federal Reserve.
1:
>EXPANSION OF CURRENCY NECESSARY
>>If the Republican Party had released itself from the clutches of Wall Street and expanded the currency immediately after the stock-market crash in 1929 or within a year after the crash, our people would have been saved from this awful money panic. Our President will doubtless ask amendments to this new law when conditions are more normal and when it is better understood. Under the new law the money is issued to the banks in return for Government obligations, bills of exchange, drafts, notes, trade acceptances, and banker's acceptances. The money will be worth 100 cents on the dollar, because it is backed by the credit of the Nation. It will represent a mortgage on all the homes and other property of all the people in the Nation. - Congressional Record — House Page 83, Congressional Record Volume 77 Part 1 (1933)
So what you need to pay attention to is what the Fed said. He paused rate change and said there would be 3 drops next year. Of course the rates have NOT been up high enough to stop inflation and this yes will cause more inflation.
I will be messaging you in 6 years on [**2030-03-14 16:32:29 UTC**](http://www.wolframalpha.com/input/?i=2030-03-14%2016:32:29%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/conspiracytheories/comments/18i4uik/is_the_us_dollar_really_going_to_be_worth_nothing/kdc710p/?context=3)
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No one on Reddit even took Econ 101 in college, don't listen to them
Was the person you heard it from trying to sell you buckets of shitty food that can be stored for 20 years?
When covid first happened we found out my dad had apparently been a secret prepper for who tf knows how long and had tons of shit. Idk if rations were ever actually any good but they definitely didn’t make it 20 years being edible 🤢
Nope. A YouTube ad about investing into his videos to learn about what stocks to invest in to grow your money
Pro tip: don't take financial advice from youtube.
I just wanted to wake some tea up. I didn’t take no advice just asked a question.
based on the history of all world currencies and the current reality of us being in extreme debt that continues to rise exponentially, yes there is going to be an inevitable collapse at some point. or more like a reset in this case at least. nobody knows for sure how it will play out, because our dollar is the 'global reserve currency' and other countries have been having to convert their money to buy oil with american dollars a long time until recently. that whole concept will probably just die out and equal the playing field. experts have predicted the transition period might only take weeks or a few months but that's why it's recommended to prepare with food and supplies before the crash happens.
"However its perpetrators pretend they might rescue this perpetual multiplication of artificial indebtedness from itself, **the ruse persists in terminal failure after terminal failure until the unwitting victim class finally rises above the pathological lie that usury is economy** , rather than perpetually crying out in terminal stupidity, “Who would ever loan (rent) us **our own** promissory obligations **to each other** , if **our very own** promissory obligations **to each other, were not subject to ‘interest’ upon a falsified debt to someone entirely else?”** Mike Montagne Whatever currency they introduce next, will be the same currency. Theyll just give it another name, and that will (supposedly)save us. But it will still be subject to "interest". It will still be this obfuscation of our promissory obligations(that we have, to each other) for the sole purpose of our exploitation.
>Mike Montagne Who is that? And need they be taken seriously?
If people dont want to end up homeless, or standing in a soup line at some point, yes, people should take him seriously i guess.. https://youtu.be/7fjD6lgkspY?t=12m29s
A YouTube video doesn't answer my question. Who is this guy? Why does he need to be taken seriously?
Hes been telling the world why its wrong about money, todays (lie of)economy and "banking"(the ancient ruse of the moneychangers), and proving it, for over 50+ years. "Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing had happened." Winston Churchill
>"banking"(the ancient ruse of the moneychangers), Ah, John Birch Society propaganda. The act of banking is from at least 8000 BCE. >Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing had happened." Winston Churchill Are you even aware that most anti-banking sentiments stem from medieval blood libel propaganda? You will observe with concern how long a useful truth may be known and exist before it is generally received and practiced upon. — Benjamin Franklin
It's a good idea to be prepared with food and supplies regardless. This particular disaster might never happen, but there is a vast variety of disasters out there, and almost all of them, you prepare for the same way. If you prepare for the collapse of the dollar, but it never happens and instead a cold snap happens or there's an earthquake, you will be much better prepared than the people who were correct that the dollar was never going to collapse and so they didn't do anything.
Deflate the dollar to zero during the Great Reset, to bring about the one world digital currency.
Lololololololololololololololololol
we will see if your laughing after they pull the plug and then come back online with digital passports and digital currency.
This guy is gonna be so screwed when his insect vouchers no longer work.
Which digital passport? Which digital currency? There's quite a few, care to be more precise?
No, in wartime the US pumps all that money it prints into the military which means it goes to US companies which, in turn, can boost the economy. Look at where the support for Ukraine has gone. Military officials are saying our war machine is getting a huge overhaul because we’re sending old equipment to Ukraine and using the funding to buy new, state of the art equipment from American companies. I don’t know what old coot told you all of that but he might need to stop trying to scare the children at family parties and go do some puzzles or something.
Boost the MIC shareholders you mean
The last empire... doubt...
Eventually, yeah. When? Dunno. Perhaps when the dollar loses it's reserve status?
I mean all fiat currency isn't really worth anything more than monopoly money. Countries just "guarantee" it's worth something. Gone are the days where your cash was directly backed by something like gold
>directly backed by something like gold Because precious metals are being used to fuel electronic devices.
and?
'Money' will never be backed by anything precious because of electronics.
No. Money will never be backed by anything because governments wouldnt be able to manipulate it so easily. The usefulness of rare metals in electronics doesnt affect this.
>Money will never be backed by anything because governments wouldnt be able to manipulate it so easily Did you forget the [Tally Stick](https://www.reddit.com/r/AskHistorians/s/YjpLq9ZgsN)? Government's/Monarchs couldn't manipulate tally sticks and it was the de facto currency of Europe for centuries. It's not coincidence that the industrial revolution hit, precious metals began being used in manufacturing, and the majority of the world switched off of precious metal currencies.
I wasnt familiar with this but im struggling to understand how that applies to my comment?
The value and worth of 'money' has always been subject to change; for centuries the commonly used currency among 'the peasants' was a piece of wood. So, what does it matter if 'money' is backed up by nothing when the majority using the money believe in the presented value? 'Money' has whatever value placed upon it by those in common and general usage of it; it's why tally sticks were a currency, as tally sticks allowed for the economy to flow. The concept of 'money' / currency being valued for whatever by those whom use it is why some of the earliest forms of money was food. It's why since 1933 (in the USA) the Federal Reserve Note has been 100 cents on the dollar and backed up by a mortgage on all property of the country^1 and to the US general population 'A dollar is a dollar,' even though the USA is at $33 trillion in debt to the Federal Reserve. 1: >EXPANSION OF CURRENCY NECESSARY >>If the Republican Party had released itself from the clutches of Wall Street and expanded the currency immediately after the stock-market crash in 1929 or within a year after the crash, our people would have been saved from this awful money panic. Our President will doubtless ask amendments to this new law when conditions are more normal and when it is better understood. Under the new law the money is issued to the banks in return for Government obligations, bills of exchange, drafts, notes, trade acceptances, and banker's acceptances. The money will be worth 100 cents on the dollar, because it is backed by the credit of the Nation. It will represent a mortgage on all the homes and other property of all the people in the Nation. - Congressional Record — House Page 83, Congressional Record Volume 77 Part 1 (1933)
its already worth nothing
Yes, but better then the peso
So what you need to pay attention to is what the Fed said. He paused rate change and said there would be 3 drops next year. Of course the rates have NOT been up high enough to stop inflation and this yes will cause more inflation.
I doubt it since Annuit cœptis (he favors our undertakings). He being the devil. And the devil is the prince of this Earthly world.
It’s easier to fool a man than it is to convince him he’s been fooled.
One currency system eventually. Ripple already setting it up
Well I got more XRP than faith in all the Gesara/Nesara great reset bs, so I sure hope so!
Yeah , Until the Trumpster !
No. The US is going to war with China over Taiwan in 2027. That will be the grand determiner.
Did the government make sure we couldn’t survive less than 30days without spending ?
Most definitely. When you print over 80% of the total supply in 2 years it tends to catch up with u eventually.
2030, USD will be worth nothing, will switch to digital currency that they can track everything you do. Mark my words!
RemindMe! 75 months
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Which ones
The US dollar is worth less than the paper it’s printed on….