Negative Interest Rates COMING SOON! - Bankers Prepare For The Cashless Society!
In this video, I talk with author and economic analyst John Sneisen about the incremental push for a cashless society following the warnings of Kenneth Rogoff, a globalist economist who's championed the cause of a centrally planned cashless system, most notably with his book "The Curse of Cash" which was praised by Ben Bernanke.
Rogoff recently warned that we must prepare for negative interest rates "in the next recession".
The fact is, this coming crash will be far worse than a recession. This will be the end of the fiat system, so long as we learn to not repeat destructive history.
Negative interest rates have been warned of by the likes of people like Ron Paul for more than a decade. While he was called crazy at the time, he is vindicated as we look down the barrel of negative interest rates. There's no other possibility when we see the 5.5% drop in interest rates following the last recession and the minimal interest rate hikes we've seen since. There's nowhere to go but down below zero. The force of this crash will make the 2008 recession seem like dust in the wind. The coming crash will be a hurricane on an epic scale.
The unfortunate prevailing centrally planned cashless society growing in size and scope in China, India, Australia, Sweden and Canada is incredibly dangerous to free humanity and individualism.
If your money's in the bank, it's not yours, it's the bank's. If your money's ALWAYS going through the bank via legal tend laws, centralization with digital transactions, you don't hold your money, it's NEVER your money, it's ALWAYS the bank's and you're in perfect servitude to the bank which ensures your subservience as you are shoved further into debt. Every transaction you make is watched and as India unveils the Adhar system which takes retina scans and Sweden unveils RFID chipping, we are close with each day to the mark of the beast, the Orwellian society we've all been warning about for so long.
The plans are laid out and more obvious than ever. It comes down to you educating yourself and being financially and individually responsible. Will you ensure your own preparations? Or will you wait until it's too late?
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the bankers are just finding more ways to squeeze even more out of us.
That was pretty predictable. I have been saying this since 2008. It was just a matter of time.
Same! We've almost reached the end of the fiat empire. As long a we're prepared, we'll be just fine. Unfortunately a lot of people won't be.
scary stuff ahead I think, thank goodness we all know about crypto
Have a look into the ACChain token. In recent days its been uncovered that the token is going to be the sdr world currency where they will token all tangible assets. Each country will have its own token i have only just found out myself but its scary stuff. they want to use the blockchain to enslave us all even more than they already have.
I know of this well. It's rumored, not definitive. We've been talking about the SDR for a very long time and how the cashless system is being incorporated. I've been in touch with people like Lynette. We'll likely be interviewing her soon, but the vast spread of this story and push for independent media to report on it is suspicious at best. I've gotten over 100 emails in the past 2 days alone to report on this. Makes me wonder...
As independent media I'm often asked to cover a story, but never as much as this one from random emails with almost the same copied and pasted request.
great stuff i'm looking forward to seeing what you dig up on this.
"negative interest rates" is a new concept to me. Does that mean the banks would pay the people to borrow money? Sounds favorable to us consumers, right? Or am i misunderstanding.
you pay the bank for them to hold your money, so say it was -10% and you have £1000 then after the year you will have £900 in your account. the banks took 10%. But if we go cashless and you cant withdraw your money then they are basically forcing people to spend to pump money in to the economy.
Oh man! Thanks so much for your clarity. Thankful for new the currencies (Bitcoin) when there are so many changes on the horizon.
Become your own central bank!
this is amazing
thank you !!
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Tic toc...
The Fed is starting the process of QT. Intrest rates will RISE over the next 4 years, the fed just can not buy up any more debt. That would be a complete reversal of the monetary policy plan and it just cant happen. The economy is still growing and strengthening very well. There are absolutely no signs of an impending collapse. Maybe Im the very example of the delusion that people have before a crash, but I just dont see it...