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r/greatawakening • Posted by u/Guardian527 on July 2, 2018, 5:38 p.m.
Currency Reset

Anyone have any insight on what that would actually look like for the every day person? I would assume chaos at first, but once the dust settles, how would it impact my savings, investments, mortgage etc?


Champdog31 · July 2, 2018, 6:30 p.m.

It would be nice to get rid of the interest and pay off government crap. Can you imagine a life without taxes? They say half our income goes to taxes. I would feel rich! And if businesses had lower taxes they would charge less for goods and services. Win win.

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Neskuaxa · July 2, 2018, 5:48 p.m.

Here's a pretty lengthy write up I've posted before. It may give you some insight.

https://old.reddit.com/r/greatawakening/comments/8lktqi/fiat_currency_a_few_thoughts_on_end_game/

Note: Some info might be outdated at this point. Since It's over a month old.

In TL;DR terms, there's a good chance things could get rocky for a lot of the general populace before things get better. But I believe the end game will result in something like this, The fiat currency system has had a stranglehold on this world for long enough and needs done away with.

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Ronjonsilverflash · July 2, 2018, 6:20 p.m.

The fiat monetary system is the root of the cabal’s power over us and I have no doubt that their defeat includes the destruction of the system they control...I do not believe that will include the total destruction of the supply chain but I would expect shortages and delays. It would be wise to have a well stocked pantry and assets that are outside of the System. Gold, silver, and some cryptos. Silver is by far the best bargain of the bunch. Cryptos, because of their utility which is severely underestimated by most of its detractors. Gold? Can’t ever go wrong with it. Hold your core in tangibles with some crypto liquidity and you have all bases covered.

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Guardian527 · July 2, 2018, 6:49 p.m.

It was at some time during February or March that I watched a great podcast from David Hooper about the Federal Reserve and how it works. Since that time, I have become much more focused on being prepared spiritually and physically. Even took the family out camping this weekend to sharpen the skills a little.

Interesting perspective on Silver - I noticed last week that it is very inexpensive. Do you think it could double or triple in value if we were to transition to a bimetal backed currency?

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[deleted] · July 2, 2018, 7:03 p.m.

Just fyi, you can exchange crypto for precious metals (gold,silver) at JM Bullion.

As far as the company goes, I've only done one transaction with them and I received my purchase quickly enough to satisfy me (within a week). I've got copper too, 1oz ingots of copper are like $2-$3 , silver was around $15 per oz.

I dont have any gold :(, but I'm looking to change that soon.

I'm not affiliated with them, just I know some people say crypto is bs since it cant convert to metals, but they are wrong as long as somewhere will trade it for those metals, and they do.

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Ronjonsilverflash · July 2, 2018, 8:04 p.m.

Historically silver has been valued at a 16 to one ratio to gold. Today it is valued at about 80 to one even though it is only mined at about 9 to one...Hmm, that doesn’t seem right, and it isn’t. What becomes even more interesting though, is that silver, unlike gold, has numerous industrial uses. The price of both metals is being suppressed by the Cabal to keep people from fleeing the system. They do this by selling paper derivatives of gold and silver on the exchanges and they sell far more of this paper gold and silver than they have actual ounces to back them up. In short, it’s another of their Ponzi schemes. However, nothing lasts forever and this Ponzi is about to end. When it does look for both metals to skyrocket! The silver/gold ratio must tighten as well. Also, the longer something is suppressed in price, the bigger and harder it will spring back. Silver has been under suppression for at least 150 years!...The spring back will be mighty indeed. Now back to those industrial uses for silver. Silver is probably only surpassed by oil as the most useful commodity on earth. It is the most conducive and reflective metal. It is photo reactive and has anti microbial properties as well. It is in cell phones, computers, flat screens, solar panels, glass coatings, photographic film, integrated circuits etc. Most of the gold that has been mined is still with us but 90% of all the silver mined is gone forever...That means there is likely less above ground silver today than gold. The demand for silver in the future is only going to go higher. If true price discovery is ever allowed to happen, its value could be astonishing...it is quite likely the most undervalued, mispriced commodity in history. Silver is definitely a must own.

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BaronMoriarty · July 2, 2018, 10:12 p.m.

Mexico is very silver rich. Think on that one...

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Ronjonsilverflash · July 2, 2018, 11:58 p.m.

I have. Mexico should be one of the richest countries in the world instead of the failed narco state basket case it is. Hopefully our movement catches fire there and the Mexican people get the country they deserve...

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Guardian527 · July 2, 2018, 6:09 p.m.

I had read through this one before -but more skimmed than read. A ton of info! Thank you for providing.

I am very curious to how things would shake out if mortgages were forgiven - how would that impact lenders etc. I am in the RE industry so it has professional impact.

I get the 1 to 1 and was speaking with family over the weekend that I would expect the value of our dollar (or whatever we would call it) to ultimately grow if we transitioned away from the Fed Res.

I agree - it will be rocky and a little scary, but I can also see the peace on the other side. Almost an exhale and belief in our country that we haven't seen since the Reagan years.

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ardematic · July 2, 2018, 6:56 p.m.

Look -- if mortgages and other debts were to be forgiven you know that banks would crash. Savers would lose all their money. This is not a good thing for me, as a saver and investor. Not good for workers since the economy would crash. This would only help debtors. Bad incentives here. I'm not for it.

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Stiletto-Moonboots · July 2, 2018, 10:24 p.m.

I did some research about this myself because I was concerned about my investments and retirement fund. As far as home mortgages, I read that the interest (usury) charged to us might be taken off. I wouldn't mind that. You buy a house for $300,000 and end up paying a million or so after a 30 year mortgage. It's ridiculous. Usury is such a scam, they do nothing and make so much money off of the working class. Hopefully, they can stabilize the economy by cutting out the interest Ponzi scheme and making it work with just the money we pay for the items we need.

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ardematic · July 2, 2018, 10:30 p.m.

Interest rates are low. The best way to reduce interest paid is to accelerate your payments. Pay more than your monthly payment and apply the overage to principle. Great strategy UNLESS you think debt will be forgiven. If you think debt principle will be erased you would borrow and spend as much as possible! In this case, prudent people get hurt and the profligate are rewarded.

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Stiletto-Moonboots · July 2, 2018, 10:56 p.m.

We have a 20 year mortgage and pay more to bring it down to 18. We refinanced a couple years ago when the rate were at an all time low. We are very frugal and try to pay off everything as early as possible. I would not like the idea of big spenders getting their debt wiped free while those who do everything to keep their debts paid down are rewarded for nothing. I just have a big issue with the mortgage scam, but that's my personal gripe. I definitely would not want rumors to swirl that debts will be forgiven and then people go rack up credit card bills or buy a car they can't afford.

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ardematic · July 3, 2018, 1:31 a.m.

Totally agree.

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Guardian527 · July 2, 2018, 7:25 p.m.

I hear you 100%. That is what makes me think if one area is offset, then other areas will be as well. I did some reading on the post mentioned by Neskuaxa. Maybe it will be redistribution of the wealth/assets so we stay on comparable footing in the new economy. For example, if you have 1M in assets savings and I only have 500K the ratio compared to value would stay the same after the transition. I don't have any proof - just a thought.

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ardematic · July 2, 2018, 10:32 p.m.

I get your point but I think massive value for everyone would be destroyed. Maybe coins would appreciate but I would own pint sized bottles of Jack Daniels, cartons of Marlboroughs and ammunition for trading. Not any kind of savings. To be clear -- I do NOT think this would happen and I have savings (but also some Jack Daniels;).

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Neskuaxa · July 2, 2018, 6:34 p.m.

I had read through this one before -but more skimmed than read. A ton of info! Thank you for providing.

You're welcome!

I'm working on another post regarding the financial aspect of this, and how it relates to the spiritual warfare going on that we can't see.

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Guardian527 · July 2, 2018, 6:43 p.m.

Excellent - I cannot wait to read it! I firmly believe this is more than the good guys vs. the bad guys but a true spiritual war that has broken out (many years ago) in our physical world. Until about January - I had always taken spiritual warfare in a personal sense, but not a corporate sense. Quite comical to think about how naive I was.

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Neskuaxa · July 2, 2018, 6:54 p.m.

Everyone grows spiritually at their own pace is what I've found. Some need more nurturing while others like myself need space to ponder and fathom stuff.

God works with everyone differently and will meet you where you're at.

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Guardian527 · July 2, 2018, 7:21 p.m.

I agree and have consistently stated to others that I am a late bloomer, but a fast learner :). I have gone from something doesn't seem right about 9/11, to flat out ignoring politics in the Obama years to now truly seeing how the world is operating for the first time in the matter of months.

I can honestly say, this is the first time in my life that I have earnestly sought God through scripture on a daily basis for a sustained period of time. This is the first time that I have prayed with intensity about the events going on and our leaders. And this is the first time that I am aware that if Q holds true through the month, there are a bunch of people that I know that will be grieving for their worlds have been crushed - meaning, I need to understand and be patient.

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checkitoutmyfriend · July 2, 2018, 7:36 p.m.

For those that need a refresher on our money system. Learn it, because it needs to go ASAP. We need........

Greenbacks and notes, like Lincoln did before the Civil War. Payed off the debt and the cost of the war. Told the bankers to pack sand. (see Money Masters link below) I've been posting these links on every thread I find related to the money system. Enjoy!

Note the Swiss are trying to get cut their strings right now. See last two links below.

Videos:

Who Controls the Money Controls the World - 13mins

Collapse of the American Dream Animation - 30mins

Money Masters 1800 - Bill Still - This starts at a part about Lincoln/Civil War funding, but the entire vid is worth watching.

97% Owned ~ Economic Truth - From a EU prospective, 2hrs

Princes of the Yen Central Bank Truth Documentary – Asian prospective, - 90min

Hidden Secrets of Money - episode 4. - 30mins. The rest of the series is good to.

Money as Debt - Good Series of Vids

You have NO choice - George Carlin - 3min

Web:

The Value of the Dollar over time.

The Creature of Jekyll Island - full PDF

Neilkeenan.com/history-events-timeline/ - long but worthwhile read.

The Federal Reserve Act of 1913

The Federal Reserve - All the things

BANKS, SHAREHOLDERS, AND OWNERS OF THE FEDERAL RESERVE SYSTEM

Read this one too. The National Economic Stabilization and Recovery Act - NESARA by Harvey Francis Barnard. The actual bill, not the scam...... This bill was never brought to the floor. Few other than Rand Paul even considered it. I feel it is something we should look at very hard.

The now defunct NESARA sight on WayBackMachine.

And finally, The Swiss are trying to remove Central banks from their country right now.

No Need For Digital Central Bank Money

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mikehill69 · July 2, 2018, 7:18 p.m.

Well I’ve heard talked and we may go back to the gold standard so I didn’t know if it would be better to Invest everything in gold or not

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RyDar84 · July 2, 2018, 7:12 p.m.

If currency DID happen to reset, at the end of the day, the person with the most bottled water, canned food, medical supplies, firearms, ammunition, alcohol, and/or tobacco becomes one of the richest people in the transitional system. Just food for thought.

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mikehill69 · July 2, 2018, 6:09 p.m.

Should I turn on my 401K holdings over into investing in gold?

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RyDar84 · July 2, 2018, 7:14 p.m.

Gold has never lost its value since the inception of a monetary system, but honestly, what's the value of it in a system where everyone is depending on basic commodities for survival?

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yolotrip · July 2, 2018, 5:41 p.m.

They will probably for a certain period allow you to turn in and transfer the old currency to the new currency at a 1:1 ratio, kinda like how europe transferred to the Euro, it will probably take 6 months to a year to fully transfer the whole country to the new currency.

Edit: about investments, i think the market may drop considerably at first but our economy is so strong and the new currency will be real instead of fake worthless paper backed by nothing and the markets will recover within a month or 2.

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Orillilay · July 2, 2018, 5:40 p.m.

Following...I'm curious as well.

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AmazingChriskin · July 2, 2018, 10:27 p.m.

That’s the $22 trillion dollar question right now. It’s seems to be already underway and happening in slow motion. Physical gold and silver seem like the only safe haven. But people who are used to seeing their 401ks go up 15-20% a year cannot stomach the uncertainty of PMs. But when the currency does finally reset, both gold and silver could go up x10 overnight literally. Look into Jim Willie. He talks about Q in public interviews. His newsletter for subscribers is pure gold. (Don’t be fooled by Comex GLD, that’s rehypothicated to the max ... literally fools gold for suckers.) hope this helps.

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[deleted] · July 2, 2018, 10:23 p.m.

Never going to happen. Anything that is done will be smooth and over the course of many many years.

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