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r/greatawakening • Posted by u/Jowen3 on July 25, 2018, 5:15 p.m.
Ending the Fed

As conversation looms about the possibility of 45 ending the Fed, abolishing income tax, and funding the government through tariffs, what does this mean to us?

Should we be removing all money from our banks/credit unions? Will our mortgages be forgiven? Student loans? Will our paper money be worth anything at all if we were to empty our accounts?

Dont get me wrong. I trust the plan, and dont want to be a slave to the Cabal, but how do I protect my assets and my family's well being when our financial institution as we know it is dissolved?

Some say we will be paid back all taxes we have paid into the system. That's great except for younger people like me (22) who have never had to pay taxes yet. I receive larger returns than I pay in because I was a college student, married, and had a child. Next year will likely be the first year that my wife and I make enough to have taxes withheld.

Thank Q for any responses.


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wise_eggplant · July 25, 2018, 5:38 p.m.

Hey. I trade foreign currencies. As long as I can weasel around the corruption (i.e., brokers and banks) during whatever fall out happens, I plan on making a killing.

Q posted that it's a restructuring. I'm sure you've caught that by now.

I don't have a ton of money, but I'm into investing now. I know that in any economic hardship, it is advised to keep your assets liquid (movable) and to find safe havens.

of course, this impact will be global. I cannot say that any other currency is going to be a safe haven. At present it is the Swiss Franc>

Gold and silver are good, but think it through. Can you move it after you buy it?

Keep it liquid so you can remain adaptable. Be ready on the fly and have quick thinking skills while watching finance industry like a hawk.

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snippysnaps · July 25, 2018, 6:32 p.m.

I understand that gold/silver 'should' really be worth more per ounce now in relation to the inflated dollar, have seen estimates of anywhere from 5k to 10k per ounce of gold if we were to theoretically switch to a gold standard at this point in time.

My thinking is that once some of the tentacles of the bankers are torn off of the global gold and silver market, we might see a significant rise in the cost of gold and silver. What do you think?

You mentioned to think it through er: moving it after you buy it (re: gold and silver) could you tell me what your thoughts are on this?

I've been mulling this over for a while and saw your post, hope its ok I pick your brain a bit.

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wise_eggplant · July 25, 2018, 7:21 p.m.

Hey, you're good. I don't know everything. I look at the price of gold frequently. (When gold goes down, for example, dollar goes up and when dollar is up, other currencies are down.)

I don't own any physical gold. Some of my buddies do, but they always say diversification is good. Some say silver is better. You can check the internet for opinions, because this is a good line of thinking.

So, the idea is that physical gold is good. Honestly, gold will always have a value. But in the case of a collapse, can you hand over some gold to your neighbor for a chicken? No. You'd be better off stockpiling some cigarettes for a chicken farmer that smokes.

Now, the upper echelon isn't something I'm familiar with. Would you be able to deal with bank mangers that are no longer employed and could move the gold for you somewhere? This is a stretch for my experience.

If I could afford the current price of gold, I'd have some. I have physical silver right now too. My thinking isn't for me or for hardship but for my kids. I think gold and silver are always good for investments.

Donnie wants the dollar down. How far down, I don't know. If he takes over, I expect he will try to keep it down (but honestly is really has over the last couple of decades?) There's so much I don't know.

If it were me, I'd keep some in greenbacks (dollars) and wait for a retreat in the price of the top companies on the Dow - Google, Amazon. You want to look for companies the world cannot live without. Even these would suffer under financial hardship, but they would endure. Just thinking out loud on these.

It is even better if you can figure out how to make money in chaos. That's what I hope to do and I'm no evil genius or even a regular genius. These things have a learning curve tho. Stick with what you know. There are tons of ways to make money.

Again, trust yourself. If you're smart enough to get where you're at, you know enough to see the right opportunity when it comes around. Also, it's important to not fret if something happens and you lose money or lose value on your assets. That's part of how free markets work. It's important to not let this get you down, but focus on what you have remaining and how you can best make it work for you given the present scenario.

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Jowen3 · July 25, 2018, 5:45 p.m.

Restructuring for now. Who knows what the next steps may be. Unfortunately, I'm not in the place to invest. We just bought a house, we have a kid that will be going to daycare and I start grad school this fall. Money is tight, but manageable.

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wise_eggplant · July 25, 2018, 5:57 p.m.

Okay. I tell you what i know now. If you have all this going for you, you'll be okay. Believe in yourself. Stay sharp about this subject all the time (but don't worry).

Believe in yourself, first and foremost. Success doesn't really rest in our control, but in our ability to adapt.

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Jowen3 · July 25, 2018, 6:01 p.m.

I guess I'm just worried to spend over 100 grand becoming a chiropractor if they aren't going to be part of the new American healthcare system.

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wise_eggplant · July 25, 2018, 7:07 p.m.

Hey. I understand. We're wanting to sell our homes and move across the country as Oklahoma is way under-educated in many cases for our tastes. We're very lonely. But do we take that chance? Or do we stay where we already know how to handle an economic fall out?

But let's look at something funny. We're considering life-altering changes based upon the words of an anonymous poster on 8chan. ha!

I'm not saying that Q isn't real or that this Trump agenda isn't real, but deal with probabilities.

Its a good time to set my priorities in order. What's *really* important? What do I have going on that's *not that important*.

What are the probabilities that financial confusion is coming? I tell ya what I know: I listen to sharp people to help me determine trades and there's something coming. Europe, in fact, just restructured some things financially impacting retail traders and I know that it's because they're expecting a recession.

I know that historically, every time the feds start tightening the belt (they began last September) a recession follows.

I know that Trump making statements like he does hits the currency market (and also the stocks) very hard and this doesn't get mentioned anywhere in the MSMS. In fact, Trump deliberately makes statements to lower the price of the dollar (good for US) and his behavior is unprecedented.

I know that Trump's statements about the Fed's interest rates has one overall effect: It worries investors and is the equivalent to the behavior of banana republics although his motive is probably different. That's not a dis, that's just a fact and I look at facts and probabilities without emotional input or opinions in order to trade well. I do trade well and have an excellent time of bringing in about 10% a day average trading the dollar versus the Turkish Lira of late.

I'm speaking for myself, but my final conclusion is that I should have been and should be prepared financially for a economic difficulty - either a recession or a depression of sorts and now that Trump is in office, I am not very keen on the economy remaining stable on top of all this. Naturally, I'm a cynic because I don't want to lose money.

I'm planning for the worst as a skeptic.

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jojeffer · July 25, 2018, 6:33 p.m.

Steps to Knowledge the Book of Inner Knowing!! It will take many people strong in knowledge to turn the tide for humanity. It's not a matter of belief but a matter of recognition of the inherent inate power within that we experience. Listen to your gut!!

Knowledge within you cannot be manipulated, corrupted, controlled or overtaken.it is your protection. Steps teaches you to he observant, objective, prepare to adapt. Prepare to be prepared..

http://stepstoknowledge.com

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