Policy Makers Are Scripting The Next Crisis

ronmamita (50)in #money • 7 years ago

Opportunities!

When markets are disrupted, services are suspended, emergency procedures are announced and radical new policies are enforced.

That is the "Govern by crisis management" script we discuss so often, along with social engineering.
Stealthily, since 2009, central banks established preparations and protections for the coming banking crisis.

We can foresee plans for UBI (universal basic income) being rolled out along with negative interest rates and mandatory chipped-bank-cards.

- Debt Management & Monetary Policy: Managing A World Of Debt-Slaves -

This is aligned with the implementation for a cashless society, virtual currencies, and the A.I. economy. Policy makers claim the ability to efficiently allocate resources and manage better with A.I. blockchain technology and virtual currencies.

But to accomplish that, they must remove the constraints of the zero lower bound, remove cash, and then inflate the economy with negative interest rates.

Remember the G20 vowed every citizen will be digitally connected by 2025.
It's not an accident, it's policy.

SmartCards
SmartPhones
SmartMeters
SmartTVs
SmartGrids
SmartCities
Quantum Computers, A.I., Blockchain...

Will the next crisis be used as justification for these changes? How forceful and violent will they be in demanding compliance to the new rules? Do you see their plans? Have you taken your savings out of their banks? §

Every Citizen Will Be Digitally Connected

Imagine the All-In-One Digitally Connected Cards, TVs and Phones...

Smart credit cards are coming. Here's what you need to know - CNET Smart cards want to replace your wallet full of debit and credit cards with one dynamic smart card. Here's what you need to know. -by Sharon Profis May 25, 2015

∇

John Williams, Federal Reserve San Francisco Branch President, made a loud, over-ambitious call to use the next recession to implement a new toolkit of solutions:

John C. Williams, president and CEO of the Federal Reserve Bank of San Francisco

SF Fed’s Williams: The Challenges of Sustained Low Interest Rates Merit Reexamination of Monetary Policy Frameworks Worldwide
Global central bankers should take this moment of "relative economic calm" to rethink their approach to monetary policy[...] interest rates are likely to be only around 2.5 to 3 percent when the next recession hits. Williams emphasized that “We won’t be able to cut interest rates by the typical 5 percentage points to stimulate the economy because we’ll quickly hit the zero lower bound.” -Federal Reserve Bank of San Francisco November 16, 2017

∇

Remarks at the 2017 Asia Economic Policy Conference: Monetary Policy Challenges in a Changing Global Environment
San Francisco, California
By John C. Williams, President and CEO, Federal Reserve Bank of San Francisco
For delivery on November 16, 2017
Download PDF Version (320.74 kb)