Central to the Globalists’ Plan: Fiat Money Needed to Hide Great Reset Costs

The Western Monetary System and the Great Reset

• The first two speakers, Keith ****** and Thorsten Polleit, dealt with the monetary system and the role of central banks
• Central banks are under increasing pressure to take action, i.e. raise interest rates
• If interest rates are not raised, the political mood could soon change

Central banks: An ingredient from the Marxist witches' brew

• Behind climate change and the lockdowns during the Corona crisis was an attempt to finally smash capitalism
• Central banks have become more powerful almost unnoticed in recent years and determine which government is to be removed or not
• Fiat money loses purchasing power because it can be increased simply by printing money
• The state benefits from inflationary money as it is able to pay its debts more easily
• On the other hand, fiat money causes the market interest rate to fall artificially which in turn leads to society living beyond its means and becoming over-indebted

A system of economic dependence: Fiat Money

• Supply bottlenecks, lockdowns and the war in Ukraine have caused a shortage
• The "negative price shock" now meets a money supply hangover
• This expansion of the money supply by the central banks has been leading to extreme inflation
• Terms such as "green inflation" hide who the actual scapegoats are

When inflation rises, confidence falls

• High inflation lowers confidence, so central banks raise interest rates to maintain confidence
• Inflation can last for years (5-15 percent per year)
• Higher money supply leads to sharply increased prices
• Turkey has experienced high inflation in recent years

We are facing a serious crisis

• The world is currently on the way to a particularly serious crisis. The "Western redistribution democracies," as Polleit calls them, are particularly badly affected.
• Today's markets are not free due to regulations, laws and high taxes. People are controlled centrally via central bank money. This is a kind of collectivism.

The worst recession of the post-war period is imminent

• Because interest rates will not be increased massively, purchasing power has nevertheless fallen by 40 percent, which means that savings are also shrinking

State money monopoly must be overcome

• Inflation is the result of misguided policies
• A change of mindset is needed
• The “collective corruption” of fiat money is a “horror without end”
• If a new and well-functioning system were to be established in a country, this could cause a chain reaction

The Personal Solution

• With all the economic uncertainty already in place combined with machinations of the globalist elites who want everyone beholden to them, we have chosen to take on two separate precious metals sponsors
• Our Gold Guy
• JD GoldCo
• Both are America First companies
• Neither work with affiliates of the Chinese Communist Party nor donate portions of their profits to the Democrats

 

https://noqreport.com/2022/06/26/fiat-money-needed-to-hide-great-reset-costs/