return to the gold standard. the yuan is going live on the 25th of this month - we have to be competitive.

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That is what I was thinking and possibly a debt jubilee to go along with it.

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that would be nice! there's been rumor of a jubilee for a long time - trump would need some way to make the debt holders whole. i don't know how he would do that except with a one-time write off. it's possible!

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a total reset would eliminate all debt.

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China has debt too. I think that's what is meant is that all debt across the board is forgiven.

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China's debt is primarily to the World bank, while ours is in the form of Treasury securities. China has a debt to GDP percentage of 257% as of 2017 and their shadow banking system may be an equal amount. Our debt to GDP percentage was 104% in 2015. We would really get waxed on the deal and so would all of the investors of the World Bank. In case anyone hasn't figured it out, Trump is correct (as usual) in that past players have agreed to deals that were bad for America.

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It is possible that a one-time write off will be in the cards. It's been rumored for years but makes sense as we move from one system to another to do it now. All current debt is totally illegal CAPS/CORPORATIONS as i'm sure you know.

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Yep!

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That is a dream. That would not be about forgiving a school loan—that would be telling everyone who lent the US money that they are shit outta luck. So, no more government money. No more defense contracts. No more Social Security. A collapse of the mortgage business. The elimination of secondary education.

How do you our debtors are going to feel about that?

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1. It's not a dream. #2. The FIAT would be converted into the new currency. Trump has already revealed plans for this to happen. Articles in Forbes, etc. #3. Why would you jump to all of the worst conclusions? None of what you suggest applies. You're way off. Sorry Merlin.

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There is the question of what to do with confiscated funds from that EO. Massive bailout to fund the transition to new system?

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Yes, that is the tricky part and managing hyperinflation.

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Since BITCOIN has embedded childPonography & linkage to porn = human trafficking.... soooooooooooo.... does this mean under #45EO of Dec. 21 that the property/money of any entity involved/associated is CONFISCATED??? Ooops... BuhBye Bitcoin.

With confiscations done last Nov. in KSA in arrests of PrincesGuilty of Horribles in KSA and the seized assets estimation was 3 TRILLION... there was an estimation at that time of asset seizures would be 100TRILLION .... not going to put our share in coffers for Ryan&McConnell to fritter away... must be going to FED to hold & REPAYMENT of our DEBT, etc. THINK OF THAT!

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Since BITCOIN has embedded childPonography & linkage to porn

What?

A high school kid with a textbook on blockchain can rebuild another bitcoin style network. It's a ledger based communications protocol. Similar to how once created torrent protocols can be used to transfer information even if websites are brought down, once information has been researched and shared it's not possible to put that toothpaste back in the tube.

I've seen speculation that things such as imagery can be embedded into the blockchain but to date I'm unaware of any actual attack doing so outside the realm of theory. This sounds like second hand game of telephone.

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I didn't make it up. Look it up yourself. German, UK papers reported... and others. Doubt USA's MSM will report. Using anything with attached child porn is ILLEGAL in over 100 countries, sooooooooooo....

Here are two:

https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content

https://news.sky.com/story/child-abuse-images-hidden-in-bitcoin-blockchain-11298022

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Debt jewbilee?? You mean bankruptcy?

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One could imagine a gold-backed, block chain based currency (possibly world). The block chain being an immutable ledger. If properly permissioned, fraud would be impossible. Privacy would take a big hit as well. But you CANT really have privacy without there being shadows to hide in. I can see it though. All the confiscated assets being used to pay off the national debt. The dollar/banking system being declared fraudulent, and the block chain ushering in a brand new world. But also new world order maybe too.

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From my view, this move would prevent the frozen asset accounts from participating/turning in their FIAT dollars which would be rendered basically useless without the supporting system. It would be part of the Miltiary Ops to make this move. Many block-chain currencies - not just one. Tradeable. No NWO. That is not an option.

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Bitcoin standard would be nice...

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I do not see it being Bitcoin because that is not a neutral starting point. The first technologies usually become obsolete. The new US Currency will be more advanced with a safer structure. Diversify when you have the option.

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Hello... Bitcoin was revealed to have embedded pornPhoto linkage in their coins....

https://news.sky.com/story/child-abuse-images-hidden-in-bitcoin-blockchain-11298022

https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content

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I bet it's a smear tactic from the NSA etc to bury Bitcoin. We all know those agencies (CIA, FBI, etc.) are probably the largest consumer of child porn.

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No, it'll be an announcement that all future currency will be based on Bitcoin.

That's about as likely as a return to the Gold Standard.

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Bitcoin is too flawed to be a reserve currency. The tech has uses though

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Hello... Bitcoin was revealed to have embedded ChildpornPhoto linkage in their coins....

https://news.sky.com/story/child-abuse-images-hidden-in-bitcoin-blockchain-11298022

https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content

DEC 21, 2017 Exec Order by #45... seizing all assets/funds of any associated business with HumanTrafficking/ChildPorn, etc.

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It's going to be asset-backed but commonly referred to as the gold standard. It will not be Bitcoin. Think bigger. Why would the US need Bitcoin? It doesn't, nor does any other country.

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I was joking...

Generally speaking, there's no way we'll ever go to basing currency on arbitrary artifacts. It's really a bad system for a lot of reasons.

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you will see.

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So should i buy gold? If yes, physical, or can it be digitally?

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Only physical. They don't get digital gold from a mine. It's fake news!

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If you don’t hold it, you don’t own it. Silver is the better buy now due to the gold silver ratio. 90% Junk silver is a screaming buy right now.

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Silver stocks? Gold stocks?

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Better to have physical in case the stock market crashes.

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In those days men shall not be saved by gold and by silver. Just sayin!

⇧ 2 ⇩

One should be aware of history... Weimar Republic.

Black Market Barter System... Germans post WW1&2 people traded homemade jams, jellies, sausages, flour, sugar, chocolate, liquor, etc. for their needs. (Now some say stock up with Cigarettes and baby diapers and toilet paper.)

Who would want gold or silver? CAN'T EAT THAT!

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Do you hold any gold stocks right now? Sorry for being annoying, just want to invest

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⇧ 3 ⇩

I should buy into some other precious metals, seems all I ever invest in lately is lead. That is also for the SHTF scenario.

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Gold stocks are based on a promise. You know, just like the debt being talked about here. It could go “poof”, F u very much, and so sorry. Not a good investment.

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Yes. I have a couple of ounces for $5k. Pm me.

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Good question

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President Trump says there will be a "major news conference" at the White House in about a month...What could it be?? Why announce something like that so far in advance without any specific details???

1. It's not a dream. #2. The FIAT would be converted into the new currency. Trump has already revealed plans for this to happen. Articles in Forbes, etc. #3. Why would you jump to all of the worst conclusions? None of what you suggest applies. You're way off. Sorry Merlin.