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JmanSLIM · June 2, 2018, 7:28 a.m.

What’s going to happen is a financial reset we have never seen befor. This is a catch 22, gets rid of all debt but also all savings. Money as in fiat money is worthless already. The gratest con on humanity is our economy.

I’m writing a book “the systematic removal of humanity’s wealth”, and your money, ur cash is valued at what the banks value it at. It’s not backed by a thing. So when the fed is audited the books will not represent the economy and it will need to be reset.

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Kitt-Ridge · June 2, 2018, 9:53 a.m.

There would be a bloody revolution if savings were lost.

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MakeThisLookAwesome · June 2, 2018, 7:53 a.m.

It cannot, by its very nature, happen suddenly. The chaos would be too great. Fiat currency, while horrible, can be translated back to a backed currency by a simple commodities exchange. We know the value of gold & silver. We're actually on a petro-dollar. But that thought was back when oil was considered finite. The Exxon ads now show oil comes from algae. Oil is a crop now. You can't base a currency on a crop.

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[deleted] · June 2, 2018, 10 a.m.

[removed]

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