THE US DOLLAR IS DEAD: FED LAND GRAB FOLLOWS
Hurricane Helene and the Federal Government's real agenda...
It is widely understood that the US Dollar has had the benefit of being the world's reserve currency since the signing of Bretton Woods. The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, took place in July 1944 in Bretton Woods, New Hampshire.
It was a pivotal meeting attended by delegates from 44 Allied nations with the goal of establishing a post-war global financial framework to ensure economic stability and prevent the economic conditions that had contributed to the Great Depression and World War II.
BRICS was initially formed as BRIC in 2006. The goal was to discuss ways to collaborate on economic and geopolitical matters. 2010: South Africa joined the group, and the acronym was expanded to BRICS.
BRICS IS A THREAT TO THE WESTERN CENTRAL BANK CONTROLLED NATIONS
BRICS has focused on enhancing economic cooperation, pushing for reforms in global financial institutions (such as the IMF and World Bank), and increasing their collective influence in global decision-making. The central banker scheme of printing FIAT currency is under attack by BRICS who have chosen to back their basket of currencies by gold and their own countries natural asset resources. They are also announcing their own payment system outside of the central banks SWIFT.
THE UNITED STATES GOVERNMENT, OWNED BY THE CENTRAL BANKERS, MUST TAKE YOUR LAND.
As the U.S. dollar heads to zero, in order to compete with BRICS, the U.S. must gain access to all the mineral rights across the land to be able to compete in a world of asset backed currencies and complete the great reset.
This falls in line with:
YOU WILL OWN NOTHING AND BE HAPPY
We have allowed ourselves to become entrapped in feudalism as abhorred by our founding fathers. They left the King of England to come to America so they could own the land outright. The early settlers were granted land patents giving them ownership of the soil beneath their feet.
Today we pay property taxes, even on mortgage free homes. We do not actually own the land. If you don't pay your property tax, the government takes your home. And if a "natural disaster" levels your home, the federal government will just take the land as your STATE OF NORTH CAROLINA or any STATE OF... is merely a sub-corporation of the UNITED STATES CORPORATION: 28 USC 3002 15(a) UNITED STATES is a federal corporation
DEFINING MOMENT IN AMERICA'S HISTORY
We have our God given right to live freely on the land. That is ordained by the mere fact we are creations of God. Genesis 1:26-28.
Man created government and we were supposed to manage them as our employees. We failed. We have watched in disbelief and allowed the government from federal to local become fully weaponized against us. They have become a blob of corporatocracy and work for the Babylonian beast system.
They have declared war on God's people.
JUDGMENT IS COMING... ARE YOU READY? Will you join God's Army?
Ann, All FIAT currencies eventually die.. But every other country out there relies on their own form of Fiat currency, making the US dollar the "cleanest dirty shirt" in the Fiat laundy basket..
Here are a few thoughts that folks may want to consider.
1. The USD is the biggest "export" that the US has to offer. Other countries sell things into our markets and obtain USDs. They sell us Oil, they get dollars.. They sell us cars, they get dollars.. etc, etc. Then those dollars are "stored" in US Treasury debt because the exporting country doesn't want to repatriate their profits back to their own country.. That would require selling those dollars and buying their local currency, removing their favorable currency difference (weaker Dollar, stronger Yen, Yuan, Euro.. etc).
2. The Federal Reserve only controls the amount of dollars that lie within the Federal Reserve System. But there another kind of US dollar equivalent, and that's called the Eurodollar. These are USD denominated loans that are made by foreign banks outside of the Federal Reserve System. And oftentimes, those US treasury bonds act as collateral on those loans. IF the USD rises in value, and they have no US treasuries to sell to make the payments, or profits from selling products into the US markets, they find themselves in serious trouble. Remember those loans are contracted in USD, and must be repaid in dollars (not gold, or BTC., or their local currency).
3. So the US, since Bretton Woods, has had it easy.. We provide a market for foreign goods. We provide them dollars to buy dollar based commodities (oil, grains.. etc).. And every international business has their purchasing software set up to contract in dollars for the commodities.
4. But the problem is that NO ONE really knows how much foreign issued Eurodollar debt exists. It's definitely far more than what is within the Federal Reserve System. Some "experts" opine that its roughly $5 Trillion.. others calculate that its $57 trillion, more than the US national debt by 50%!! And it's ALL unregulated, which means its subject to manipulations, and fraud.. One loan becomes the collateral for another, and then another, and so on.. But US Treasuries are considered the "Pristine" collateral, which requires the US to provide more and more of it to sustain the global financial system, and prevent a global debt default (Depression and financial collapse).
The US is "forced" to sustain balance of payments deficits (trade deficits) in order to prevent the that collapse. And with it, US financial hegemony.. But it would be hugely destructive to EVERY economy around the world.
This is called "Triffin's Dilemma":
https://www.imf.org/external/np/exr/center/mm/eng/mm_sc_03.htm
5. So if the USD global reserve currency system fails, who is going to provide that "liquidity" and "pristine collateral" to the global economy? Who has a big enough market to absorb all of those foreign imports, in exchange for a currency to replace the USD? China? Europe? Certainly NOT Russia. And China is in its own depression right now, because the US and Europe can't afford their products anymore.. We stimulated the hell out of our economies in response to the Plandemic.. (what that WHY they had a Plandemic)?
6. Here's the kicker.. The Federal Reserve doesn't actually "print" money. Only commercial banks, the ones that make loans "print money". You go into your bank, sign the documents for a loan, and like magic, your account gets credited for you to spend as you wish, or for a car, home.. etc. The US government can ALSO "print money" by deficit spending (national debt). But who buys that new Gov't debt? Commercial Banks and investors from around the world, who then use that "pristine collateral" to borrow even more money.
The Federal Reserve, buys and sells, for the most part, US Treasuries. When they buy them from commercial banks, they inject cash reserves into those banks, for the purpose of "incentivizing then to lend to consumers. When the Fed sells its treasuries, that removes cash reserves from the system (draining liquidity).
That's all the Fed really can do "mechanically". They can jawbone, propagandize, BS.. and cajole, but aside from Banks within the Federal Reserve System (who are shareholders), the Fed has very little control over the Eurodollar markets. But disruptions, or lack of inter-bank trust in the Eurodollar system can have dramatic impacts on the Fed's interest rate and money supply decisions.
7. One last little tidbit of thought trivia. Let's say you have $1 Billion in USD stashed and that's all there is in the entire world. But then a bank issues someone a $1 Billion loan out of thin air to someone else, with a promise to repay it over time.. The available supply of global dollars just doubled, right? Every dollar based loan is equivalent to a bet that the USD will decline in value. Borrowers desire a weaker dollar.. They repay their loans weaker dollars..
But when those dollar based loans default, or get repaid, that destroys that money.. There is less of those US dollars available. And if the banks are not incentivized to print money for lack of credit worthy borrowers, will the demand for those existing dollars go up, or down as supply decreases?
IF debts default, that represents the destruction of money. That makes the value of the remaining money (USD) go up..
Unless some interested politician decides to tack on TRILLIONS MORE in borrowing until it gets to the point the rest of the world realizes that debt is no longer "pristine" and is unlikely to be repaid.
But there is NO OTHER country, certainly not within any potential BRICS system that is prepared to step up and take on the US has played since Bretton Woods. It will require a country with an established and trusted "rule of contract law" and the economic, and military, power to enforce it.
Like it, or not.. I don't see any other country out there that can take on that role.
Thanks for reading.. I realize it was long.. But we have greater problems to worry about than a BRICS based currency. That might come AFTER a global conflagration and economic devastation the world around.
Holy Moly!