New US Dollar Means Economic Collapse
America In Decline Articles, Federal Reserve Articles
NEW US DOLLAR
MEANS ECONOMIC COLLAPSE
By Brother Nathanael Kapner, Copyright 2011
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“A NEW DOLLAR IS UNDERWAY,” reports Bob Chapman of International Forecaster fame.
Banking professionals of middle sized banks apparently leaked to Chapman that the FED told the Banks to “clear safe storage” as they are “getting ready to print” a new currency.
Chapman told his readers that the presses are being oiled to roll out the NEW DOLLAR (it looks like a cheap Euro) because the FED expects the US Dollar will no longer be the reserve currency in another 18 months.
Key finance experts from around the globe are putting in their “two cents,” (which is what the new dollar will ultimately be worth), warning Americans to prepare for a Third World economy.
Beginning with the pros at the SilverDoctors, a question was posed that if the new dollar is true, then Bix Weir’s Road to Roota story of a Gold standard is dead wrong…that the Fed has put out the info Bix used as a decoy.
The Doc (Ted Butler?) answered: “It depends on whether the new dollar is a devalued fiat dollar or is backed by gold. The Fed would not divulge this beforehand because the sheeple would dump their dollars for hard assets like gold and silver to avoid the devaluation–which is the entire purpose of the new dollar.” View Entire Story Here.
Bix Weir, focusing on a coming new $100 bill, (not Chapman’s $1 dollar bill), has a different opinion: “All the Gold symbolism of a coming $100 bill indicates that there is a group of people working to end the fiat money system and return the US back to the Gold/Silver Standard.”
Geopolitical analyst, Benjamin Fulford, also champions the “good guys” theory, telling his readers that the White Hats of the Pentagon and a 59-nation group called the Red Dragon Society would soon pull us out of the global financial matrix of impending destruction.
WHO MAKES UP THIS GROUP that Bix Weir cites as the ‘good guys?’
-1- Alan Greenspan (still an Ayn Rand admirer according to Bix) -2- Paul Volker (former Fed chief) -3- Michael Mukasey (former Attorney General) -4- Senator Diane Feinstein -5- Congressman Barney Frank -6- Warren Buffet -7- Stephen Devaux (former FedBoston economist) -8- Harold J. Sullivan (author of Civil Rights & Liberties) -9- Presidential candidate Ron Paul. View Entire Story Here, Here, Here, Here & Here.
Lots of Jews here which makes yours truly a bit skeptical.
Greenspan sold out to the Rothschilds years ago, dumping his enthusiasm for Ayn Rand (born Alice Rosenbaum, a Jew) and her “gold backed” brand of libertarianism.
Mukasey, a Talmudic Jew, is, of course, loyal to the tribe.
And in Feinstein’s and Frank’s case, both depend on Jewish money and Jewish-owned main stream media backing for continuation of their political careers.
ONLY RON PAUL, with perhaps some help from his fellow Gentiles, Buffet…Volker…Devaux…Sullivan, has an outside chance of overturning the Jewish banking cabal, of which, Bix Weir says is inevitable.
Rounding out the opinions of the experts, the chief dish of the dollar debate comes from Jim Willie of The Golden Jackass. (Willie ALWAYS has the last word.)
In his November 13, 2011 Golden Jackass Report, Jim Willie proffered some penetrating insights regarding the coming new dollar:
“The beginning of the Third World Dollar is fast approaching. Its birth will be the final cold water in the face of Americans, all too sleepy for years, as they will awaken in horror. Food prices, gasoline and utilities will double. Americans will see their pensions and life savings cut in half.” View Entire Story Here.
Last word indeed! And no ‘good guy’ theories here at all. (But where there’s Bix there’s hope)
Instead, a bucket of cold water will be thrown on the faces of an all too passive, unaware, and ever-stupefied (yet arrogant) white American.
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Brother Nathanael @ November 27, 2011
Dear Real Zionist News Family -
Very few donate to me any more EVEN THOUGH Article Hits & Views (Vids) are SOARING. What I am doing wrong?
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PS - The NEW Rule is that we STAY On Topic!
A M E R O thats what it is.
See the opening embedded links at the outset of the article.
Chapman says that the new dollar is NOT the Amero. +bn
If Ben Fulford is to believed, so then should Sheldan Nidle regarding the abolition and replacement of the unjust and injurious prevailing financial system with NESARA ( National Economic Security And Reformation Act ), and the release of “prosperity funds” worldwide to assist in healing the planet and its people. www.paoweb.com
I’m waiting for the other shoe to drop.
I still believe in Jesus Christ, and I still believe what He says.
What’s your point? I don’t see how your comment is ON TOPIC?
Please clarify. +bn
I wouldn’t believe Ben Fulford.
He’s been talking about White Knights in Shining Armour saving our arses for several years, yet such a buoyantly idealistically unraveling never materializes. It would be great to believe Ben, but realistically his remarks should be shunned.
The guy may be sincere, but he exudes false hope.
Bro Nate you are doing everything right, probably too right by posting articles that say: “Food prices, gasoline and utilities will double. Americans will see their pensions and life savings cut in half.”
Many of your readers are now scared and probably hesitant to donate.
Although this sounds interesting, I would still wait not for a new dollar, but for the Amero, to be printed.
The North American Partnership is being revived just as the U.S. debt is striking through the roof in an unsustainable manner… yet one more artificial economic crisis brought on by manufacturing off-shoring and an artificial contraction in the money mass.
I think the currency we have will spiral out of control.
While that is happening the “powers” will pretend that they are taking drastic measures, which are designed for them to benefit, and for us to pay.
It will all be planned out in advance, but it will look look like a crisis. Kind of like 9/11 and the so called “war on terror.”
So what can we do about it? Get prepared and watch it happen!
A conversion back to our Christian roots, contrary to Christian Zionism, is the only thing that can change this corrupt system in the long run. For that to happen, we need Christian leaders and martyrs.
Well done, dear +BN.
I appreciate the pro/con multi-faceted view of the issue (some sensible, and some not so) by different experts more or less in the same money field. Particularly humorous is including the fantastic (fantasist disinfo??) views (yarns?) of the very strange Benjamin Fulford.
The same Benjamin Fulford, which until earlier this year when it was edited out completely, had a notation on a 2009 Wikipedia page (not the most reliable source, I know) that stated without attribution that “He has described himself as being a Polish-Jew” (or “Jewish-Canadian” in other Wiki versions according to the edit history page).
I believe the Golden Jackass is the most realistic and sober-minded of all the ones you presented, and most competently cuts through the fog of confusion.
What a mess America is in!
That’s why I’m learning how to raise chickens for both meat and eggs, some for home and maybe some for barter when TSHTF.
People in cities and towns ought to check their local ordinances to see if backyard chicken raising, usually only hens, is restricted. And maybe the same for rabbits, too.
May God bless you, dear +BN, and RZN family, and thank you for all you labors constantly keeping the torch of truth and the cross of Christ aloft.
Is the new money supposed to wipe out the debt?
How does changing the picture on the paper going to accomplish that?
I guess it’ll give the media something new to talk about to keep the general public distracted from the root of the problem as they roll out with whatever else is up their sleeve.
This Is What They’re Doing to Your Country.
When your country goes broke:
Is this the beginning of a Gold-run ?
Who next sensible enough to follow suit ?
To think that they were allowed at all to collect their own.
Venezuela brings home gold reserves.
Does the European Union have an Expiry Date?
A veritable re-engineering of the entire planet has been taking place in front of our eyes for many decades now. However, since it is gradual, most people do not notice or understand what is happening.
Just take a closer look at the flag.
Rothschild-owned Central Banks in ALL BUT THREE countries in 2011
ORIGINAL SOURCE OF THIS STORY
As of the year 2000, there were seven countries without a Rothschild-owned Central Bank:
Then along came the convenient terror of 9-11 and soon Iraq and Afghanistan had been added to the list, leaving only five countries without a Central Bank owned by the Rothschild Family:
God bless you brother Nathanael, keep them coming.
There were also rumors about a new currency called Mondo but I think TPTB have decided for a new Euro and a new Dollar.
Yesterday Ria Novosti reported experts are expecting that Euro will break before Christmas, according Financial Times the UK is preparing for a Euro collapse. Something is going on, probably both currencies will be replaced at the same time in a concerted action. We will see.
I think the new dollar will be “backed” by gold, otherwise the people wouldn t accept it. A gold currency doesn’t change anything, the problem of exponential money/debt growth through interest still exists, also private central banks and remote controlled politicians who deliberately push to country into overindebtion.
But at least the people will feel good with a gold backed currency.
Dear Bro Nat,
A very fine written article with far reaching references, in style a little different to the videos` prose. I love the picture at the bottom with some caucasian chap being in deep slumber and somebody preparing a cold bucket of water to wake him up.
Some of the referenced names are new to me, I guess I still have a lot of reading to do as far as the American scenery is concerned. As for B.F. (Ben Fulford) I rather tend toward the interpretations of KathJuliane. Whilst there can be no doubt that he is a brilliant fellow one may ponder as to his real agenda.
My observation to a new Dollar would be:
The American people don`t need a new Dollar, they only need to repossess their country, sack the Jews, especially those holding US Government posts whilst at the same time holding Israeli passports and send them all to Israel. From that moment on the country will move upward again.
And the most important thing:
All debts, which can be traced to doubtful private billionaire backgrounds or, around the corner, to the State of Israel, should be set at zero - so long as their construction and design would not, in case of write off, destroy the US infrastructure still further.
The CDS papers would surely be no. 1 on this list!
I feel sorry for those who really wanted a positive change in America.
Problem is, too many Americans are absolutely beyond being dumb-dumbs. We are talking, waaaaay gone, seriously psycho, dangerously stupid up to the point you would trade your very souls for a tiny little chocolate bar.
Is this the people’s fault, maybe?
But on ABC they showed families living in their cars, and yet some stupid brainwashed American girl sang the US anthem with pride.
Yeah. You are so brainwashed now, I can guarantee that when they start forcing you into those camps, you idiots will be singing those “stars and stripes forever.”
I am in the happy position that I don t have to care about riches because I don’t have them, but I would be careful with gold.
There were recently rumors that TPTB plan to disappropriate people by creating a gold price bubble. When everybody has exchanged his savings into gold they let the gold price tank.
As everybody knows are most rumors untrue, but nevertheless I would be careful with gold and silver. It could be that you suffer a surprise like mentioned in Bible:
“They will throw their silver into the streets, and their gold will be an unclean thing. Their silver and gold will not be able to save them in the day of the LORD’s wrath. They will not satisfy their hunger or fill their stomachs with it, for it has made them stumble into sin.” (Ezekiel 7:19)
Late Reverend David Wilkerson has foreseen in 1973 exactly what is happening now, and he also warned about gold; so maybe it is not only my gut feeling which tells me that there is something bigger to come than only a new dollar.
I think if someone has money left it is better to buy food, medicine, tools, seeds, water and land - also for your neighbour - or give it to +BN. But not gold.
The old Dollar is backed by US military. If you don’t accept it, you get demon-crazy. The new dollar is probably backed by gold but this won’t bring the workplaces back which are now in China or India.
What does the “+” mean by the way ? Can somebody explain it to me ?
If this is how the American people will act just to save a few bucks on cheap plastic crap made in foreign countries, how are they going to act when the economy collapses?
Hey Wizened Bro, my monthly sales are down about 50% right now due to the dying economy of which you speak so eloquently.
That is why you are not getting many donations: everyone is broke!
YOU MUST HANG IN THERE AND ENDURE.
The only new currency that could be legal and acceptable for America is a silver coin containing 371.25 grains of fine silver and is called a US dollar.
All paper and electronic crap posing as currency must be banned.
Who is “They” In Ezekiel 7:19? If you are not one of the “Theys,” why would the possession of gold and silver bother you?
If I’m not one of the “Theys,” why would it bother me?
I wonder. Therefore I ponder as Mary pondered. hnc
I don’t think investing in a lot of gold and silver right now will save you in a physical sense.
The time is long past to be positioned. You should have bought like many did years ago and enjoyed the ride up. Not to say precious metals won’t rise quite a bit real soon, I’m simply saying in the whole perspective of preparation, other things need to be done first.
Years ago, I was fortunate to do exactly that and enjoy the profit of rising precious metals prices to parlay that into tangible assets that will be of great value. What’s left over being subject to rising prices and people’s greed is just icing on the cake.
If you don’t have gold or silver right now, don’t worry about it. Get what’s most important, like a clean water source independent of the system. Food, personal defense as a deterrent only. Be thoughtful, plan and act. Time is running out.
Spiritual preparation being paramount, God expects you to be prepared and for whatever you lack, may His miraculous blessing and provision be upon you according to your faith.
Being only 18 and still living with my parents, there’s not much I can do to help with financially when it comes to the next collapse we are about to see.
We live in California and it’s obviously not close to being the best place for living when this country goes to hell.
We, as a family, already have many firearms (rifles, pistols, ect.), silver and gold coins and bars, and we are just beginning to work on getting food to save for the future.
These are the three major things EVERYONE will need for the upcoming collapse. I urge everyone reading this to do as much as they can for themselves and their families. I’ve been working out almost every day or every other day as well for a while now.
This is also important; to stay in shape because we won’t have the luxury of sitting on our asses all day and eating candy bars. The fast food places will be the first food to get stolen (mostly by minorities and white trash). I hope everything I said can help y’all in some way…
Brother Nathanael is a true Christian and a very good man. I believe every word he says. If you have something harsh to say about him, do not say it at all.
I would like to see any of you people be born into the most powerful groups of people on Earth and go against it because you know deep down inside that it is wrong.
Do not let the Zionist-run media tell you how to think anymore. Think for yourselves. Please DO NOT leave any nasty comments here! Give Brother Nathanael some respect. If anyone deserves it, he sure does!
We love you, Brother Nathanael,
(From a white family in a Mexican-overrun area)
I correspond with Jim Wiley. I’ll have to inform him that Bro Nathanael quoted him & his article. Well done.
Do you mean “hang in there” or do you mean “hang?”
You made a comment *suggesting* that you won’t donate to me on the very bandwidth that I have to pay for…
PERHAPS the next time you buy some donuts, potato chips, a six pack, and a Mars bar, maybe you’ll think about me. (If EVERYONE (tens of thousands of readers and viewers) gave just $5 bucks I could get a Nativity Scene up on the White House Lawn and get rid of the JEW Menorah there.
But as it is I struggle on a month to month basis just to pay the basic bills.
But thanks anyways for your “wise guy” advice…(The air you breathe is FREE but this site takes $$$ to run.)
Owner, Author, Maintainer, Bill-Payer of Real Zionist News
Anything can be money…
But when will we have transparent banking? Until we do, nothing will change…
It is a tangled mess that cannot be fixed with another coat of Navajo White latex interior. New paper…new name…same corruption.
I think any ‘new’ currency will be the spark that burns what’s left of confidence in our current fiat. Anything new will cause panic…especially among the ‘rich’ since the newness would be the most scary part(exchange rate?)…
If the value is the same…why change anything?
Thanks, Brother Nathanael…
(PS- I don’t forsee any new currency coming any time soon…the window of opportunity has passed)
@ Steve S,
I sold the last of my IRA’s Friday and ordered gold and silver coins right away.
I will have it in my hands by the end of next week.
That’s how you turn worthless paper into real assets. It is not too late.
Dear Real Zionist News Family -
Our friend David Duke has been arrested and released, and is now facing a court battle, fighting the good fight. Our prayers are with him in this difficult time.
Read below his letter:
On my recent imprisonment and the fight for free speech and the heritage of our people!
– Composed in a moving Car! by Dr. David Duke
And to think there are politicians in the Western World who criticize the lack of freedom of speech in Iran or China!
My Dear Friends,
I am free now, but a desperate fight is ahead of me for my rights and the rights of the people of Europe to hear me. They truly do want to hear me and they need to hear me and my message. Today videos of talks and appearances are reaching tens of millions of people.
I think by now that you know my spirit, that I simply cannot back down from aiding our brothers and sisters efforts for their heritage in our ancient homelands of Europe any more than I could cease the fight for America.
This a global effort to destroy our people, and it requires a global effort on our part to win it. We in America and Canada, Australia, across Europe and even across Russia must help awaken each other and aid each other.
I won’t go into to many details of my arrest at this moment as a court case is yet to be fought, but I was imprisoned by a gross twisting of travel laws in a blatant attempt by the government to prevent a private and peaceful gathering of about a 100 German citizens eager to hear my message of heritage and freedom. My arrest and imprisonment was meant to silence my message and demoralize the people who came to hear it.
For hours before my scheduled presentation at a private event, Police under orders from the politicians stopped all of our cars, including a couple over 90 years old who had driven over 75 kilometers to hear me.
They demanded ID from all, delaying them for a long time on the street, and they told the people specifically that the meeting was cancelled. There at the police checkpoint, after a number of people had gone on to the private meeting site, they arrested me.
Of course, the claim that the meeting was cancelled was a huge lie. The meeting was not cancelled. The owner of the hall honored the contract with the group, and in fact the meeting went on without me, thanks to the brave people who withstood all the intimidation, and who still persevered and made their way to the hall.
As much as I would like to, I can’t just go back to Louisiana right now as I have to fight this improper action against me and our brothers and sisters. I just can’t turn my back and run away, no matter how comfortable it may be for me to do so. My duty is to stand up for my rights and that of the European people. The truth is that I and all who stand up for the heritage and freedom of the European and American people truly stand up for the most basic of human rights.
The right of every people to be free, to freely speak and assemble, the right to be independent and not live under a globalist tyranny, and the right to preserve their identity and unique expressions of humanity.
This is a right of Europeans and a right possessed by all people on Earth, but it is only Europeans who are condemned for even speaking in defense of these precious human rights.
To fight this case will cost a lot of money, time and effort. The legal system is just as money-driven as it is in the U.S. and I must support myself far from my home during this period, never knowing from one minute to the next when shall come the proverbial knock upon the door.
For years I have had to put up with the thought of those knocks in the night. But I have not bent, not run away, not bit my tongue in servile cowardice while our people are being driven to an end of their existence.
While most of you will be getting ready for the warmth and love and friendship and family of Christmas, I will be far from home fighting the good fight. I miss you all, and no matter how lonely it seems sometimes in this fight, it is you, each of you reading this, that gives me hope and peace.
Please remember me and this sacred struggle for our people at this beautiful time of year that is such an expression of our exquisite culture and values.
But, my dear friends, I believe you will come through with great generosity, even sacrifice at this time, even with all your personal needs during the Christmas season.
Thanks so much for your dedication to this cause and your support and encouragement to me personally.
It means so much to me and my work!
Perhaps you could copy this letter and post it on this and other threads so my message is heard by all those who have the inclination to help me in this pressing matter at this difficult time for me.
Dr. David Duke
In reference to what you wrote (quote):
“I am in the happy position that I don t have to care about riches because I don t have them but I would be careful with gold. There were recently rumors that TPTB plan to disappropriate people by creating a gold price bubble. When everybody has exchanged his savings into gold they let the gold price tank.
As everybody knows are most rumors untrue but nevertheless I would be careful with gold and silver. I could be that you suffer a surprise like mentioned in Bible:
“They will throw their silver into the streets, and their gold will be an unclean thing. Their silver and gold will not be able to save them in the day of the LORD’s wrath. They will not satisfy their hunger or fill their stomachs with it, for it has made them stumble into sin.” (Ezekiel 7:19)” (Unquote)..
Can you or anybody tell me what TPTB means??
I haven’t the faintest idea.
Why would the possession of gold and silver bother you?
I am not bothered if someone invests in gold or not, that is everybody’s own business. I am just wondering where the gold price will be when after the crisis everybody tries to sell his gold.
Sad to hear about Dr. Duke. I hope he is free soon, If you fight for the truth better avoid Germany.
Dear Bro Nat,
I was shocked to read your message of Dr. David Duke having been arrested in Germany.
Next to you, Bro Nat, David Duke is one of the people for whom I have the greatest respect and it is a disaster that he should now run through the same harrassment that has been dealt to Chris Bollyn. It doesn`t surprise me, though, that this has happened in Germany and I have little doubt that the Jewish usurped US authorities are behind this.
The German stooges will always willingly do the dirty work as in case of Zündel, Germar Rudolf, Toben, Demjanuk and many others. For these stooges have enacted laws under which speaking the truth is a crime! The sincerety of David Duke shines out of his eyes and radiates from his face when he speaks.
It is a dirty world we live in, in which everything has been turned upside down. The Jews can say Jesus Christ should be roasted in eternal fire, adding in a pornographic kind of way even “in his own excrements” and nobody in Germany will punish the Jews for that.
The Jews can say that the White man has been created by God to be their servant, and nobody in Germany will punish the Jews for that. The Jews can say the White man is worth less than a dog, and the German stooges and traitors will welcome and jubilate over remarks like that and lick the boots of the Jew for it!
I pray to heavens that this nightmare will soon stop and honorable people anywhere in the world are allowed, without hindrance or oppression, to demand for the White races of this world that they should also have their place in the sun!
Dear Bro Nat: So long as Germany is the madhouse, which it is at the moment, please try to avoid coming here!
TPTB = The Powers That Be; those who have control.
They won’t want the sheep to know the dollar is collapsing by replacing it with a new currency.
Instead they will roll out a new currency in the name of fighting fraud and counterfeiting.
And the sheep will believe it, too.
Bob Chapman is a plagiarist and I don’t trust him.
I wasted money subscribing to his newsletter because it sounded cool how he talked about the Illuminati and whatnot. I became suspicious because the writing style kept changing throughout his newsletter. Googling certain phrases revealed the sources of his copy.
His newsletter consisted of an intro (perhaps written by him, or maybe his wife), and then about 10 stories pasted in one after the other with the titles and attributions removed. They still had their original fonts, which made the newsletter look like a real patchwork - a shoddy piece of work really.
That is dishonest, therefore he is dishonest, and therefore I don’t trust anything he says.
Hal Turner has photos of the Amero coins, how can we be sure this new money is even real? That’s why I ignore him, its too hard to separate truth from fiction when it comes from such a dishonest man.
As an aside from curiosity: a German told me once that in Germany when a German is buried in a cemetery their remains are dug up after 20 years and put in the rubbish dump, but Jewish remains stay in the ground forever.
Also they said Jews don’t pay any income tax there.
Is there any truth in this? They had no reason to lie, but it is quite incredible. Maybe some of the other Germans can investigate the truth of the matter and report it here?
I thought Buffett was a Marrano crypto-Jew.
That video of Bob Chapman telling about the new dollar was uploaded (by marcchabotyt on 2 Jan 2010) on youtube, so that`s 20 months before the one you watched, exactly the same version.
Some say gold and silver is useless, if so — what isn`t ? Metals are real, paper is just paper.
Hans, very nice, level headed post. The + sign means a cross, as in the cross of Christ.
I think there may come a time very soon when no matter what form of paper money we have here in the USA, it will become regarded as worthless and people will just not accept it for payment of anything.
That time will come because people are gradually, very slowly waking up. They know if they want to survive, they must find alternative ways to buy and sell, such as bartering, etc.
We really probably do not have much time left to convert our worthless paper financial instruments into something that will help us survive. If we do not start getting out right now and we just stay in the vortex of this system which is intent to impoverishing all of us, there will be no place to go to for help. You had a chance and a time to make efforts to help yourselves and you frittered it away.
I think if a person has a whole whole lot of money, it would be wise to convert it to gold and silver coins, preferably coins of small denominations. Keep the stuff burried somewhere and only tell your closest relative, the one you want to leave it to when you die.
But the gold and silver thing is not where most of us need to be putting our money. We need to have cash currency for immediate semi-emergency situations where we need cash to buy gasoline, car repairs, transportation ticket, hotel room, water, etc..
Yes, gold and silver are commodities and they have been and will continue to be manipulated so there will be phony bubbles. But still they always hold intrinsic value and they should always be worth than a peice of paper.
I personally detect something flim flammy and pawn shop broker - like about all this buy gold and silver rhetoric. Also, there is something avaricious (one of the seven deadly sins) about it. It might be interesting to do a word search on the word gold in the Bible.
When the big-one, the big total collapse when there is chaos and total civil disorder, I think somebody may only give you a loaf of bread if you give them a one ounce gold piece - you see what I mean - when things get to that point, there will plenty of crooks out ripping people off, people who have been left totally down and out because they did not prepare.
There are rumors out there on the internet that Warren Buffet is actually related to King Edward I of England via his mother’s family.
Anyone knows more? Any DNA tests done on that?
Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison by Peter Schweizer
One of the biggest scandals in American politics is waiting to explode: the full story of the inside game in Washington shows how the permanent political class enriches itself at the expense of the rest of us.
Insider trading is illegal on Wall Street, yet it is routine among members of Congress. Normal individuals cannot get in on IPOs at the asking price, but politicians do so routinely. The Obama administration has been able to funnel hundreds of millions of dollars to its supporters, ensuring yet more campaign donations.
An entire class of investors now makes all of its profits based on influence and access in Washington.
Peter Schweizer has doggedly researched through mountains of financial records, tracking complicated deals and stock trades back to the timing of briefings, votes on bills, and every other point of leverage for politicians in Washington. The result is a manifesto for revolution: the Permanent Political Class must go.
Not according to Chapman and Willie. It’s a recent UPDATE post and Willie just commented on it last week.
Willie is on TOP of his game and ALL other’s game…+bn
The Elite control the USA and Canada too.
Canada will soon be in the same boat as the USA as the Elite have turned their attention and control there, with the election of the Harper PCs.
One of the goals of the Elite is to destroy all Employee Unions and reduce wages to the same level as in China and other third world countries. This is their MO to Harmonize everyone and everything around the World, and that always means adopting the lowest standards and wages.
They have destroyed the value of Family homes sending many American Families finances into a downward spiral of debt. Can Debtor Prisons be far behind?
This is a War and we need to Stand up and fight for our Rights, for no one else will do it for us.
No one here seems to realize that hoarding gold (and now silver) is actually illegal for U.S. citizens, only it is not enforced yet.
But when the planned Illuminati economic collapse takes place, Martial Law will go into full effect and so will Executive Order No. 6260, passed many decades ago (April 5, 1933) by freemason/luciferian traiter Franklin D. Roosevelt. It remains the law of the land at the present time.
As things stand now, an American who owns gold or silver when the collapse happens is courting a felony conviction. Moreover, under the Gold Reserve Act, all the gold and precious metals he owns is subject to forfeiture while he, himself, is subject to a penalty double in amount to the value of the gold.
So the commenter above who quoted Ezekiel 7:19 was correct: :”“They will throw their silver into the streets, and their gold will be an unclean thing. Their silver and gold will not be able to save them in the day of the LORD’s wrath. They will not satisfy their hunger or fill their stomachs with it, for it has made them stumble into sin.” (Ezekiel 7:19)”
Everyone on this website will do well if they make sure they have repented and gotten right with Jesus Christ, study His Word and let the Holy Spirit lead them into all truth. Luke 21:36 and Revelation 3:10 promises to keep all those faithful to Him (the Truth, not phony organized Illuminati-controlled “Christianity”), from the hour of trial that is coming upon the whole earth.
Storing up food and weapons, etc. won’t do you much good and hoarding gold and silver will end up being the worst thing you can possibly do. I can promise you that.
I think this economic problems were planned over 35 years ago — a planned and controlled collapse.
The “Fulford” show is a rope-a-dope soap for truthers. A new one hits every 5-10 years. Here’s the actor behind Fulford.
Yes Kalif, it’s NESARA deja vu all over again. G. Edward Griffin exposed NESARA and its “Dove of Oneness.” (StartPage his site.) NESARA shunted truthers from activism to fiction. See progress, feel good, stay neutralised, and invite a friend.
Fulford was a fallback move after 9/11 exposure. Fulford’s bed-time tale about ninjas put your activism to sleep. He floats amnesty for 9/11’s murder crew, and even a spirit-dream that Rockefeller may become “earth’s greatest mortal!” Fulford promises the chief NWO goal, a new global monetary order.
Blather about secret assassins was his wedge into trutherville. I thought at the time, armies of ninjas could bug the Illuminists and put all their chitchats on the net, which would be the peaceful end of them. How conveniently Fulford never mentioned this option except briefly in one article lacking audio clip proof.
Ask for evidence of Fulford’s unverified secret cabal events. The only proper evidence — photo, video, audio — links Fulford to Illuminists Rockefeller and Leo Zagami, if he’s for real.
After threatening to kill them with ninja squads, Fulford did a 180, promoting “good Illuminati.” These days Fulford claims zero radiation in Japan. Even Rense can’t swallow that whopper. (Thankfully, RZN avoids “enemy agent!” banners against Rense.)
Fulford says we “must” let crooks rule the world, the natural order of things (pure Rockefeller / occult philosophy), and it’s just a question of getting benevolent ones. The names of his ancient Asian secret orders change every six months. Right, Ben.
So the Fulford psyop tells us what we want to hear, like any sharp politician, as we watch ‘good crooks’ and ‘good Illuminati’ rearrange the world from our comfy sofas, chomping popcorn for a jolly good show. Get ‘em! Get ‘em! Fantasy sport for truthers.
Rocky, we’re not quite yet sufficiently dumbed-down. Order more flouride into our water pipes and heavier chemtrails. See you again in five years.
Ferfal in Argentina wrote a book about the economic collapse there 10 years ago, which he experienced.
He said that far from being “worthless toilet paper,” banknotes were in high demand as money, because they were so rare. Many were so tatty you couldn’t read them, but they were still highly sought after.
He said that flashing a silver coin at a local market made you “the man,” and you could buy whatever you wanted.
Displaying a gold coin was suicide. It was just worth too much.
The next best think was gold chains, where you could chop a few links off to buy some food.
Even in a Mad Max scenario, there will still be a need for money, and paper money has to get far worse before its useless. We are stuck with it, and inflation steals from us every day.
Of course the coming collapse might have different rules…
Walter Burien reports on tricks they may use with a gold standard.
It’s amazing how Bible verses have taken on a whole new meaning since learning about Jewry, and trying to stay on topic I add Mathew 24:43.
I used to think it was simply referring to my television and the Mexicans.
Simple - just ask some people who lived thrugh the Great Depression (most are dead now) or read their journals. THAT will be the REAL test of what works what doesn’t etc.
My bet is that gold and or silver will still stand the test of time as it has for 5 thousand years of world-wide good and bad times. I believe that a varied metal portfolio would be best - including a fair amount of American silver coins ( called junk silver) a silver dime will get you a meal or a loaf of bread and you can carry hundreds in a pocket or two.
Larger denominations will get you more evaluable commodities like a tank of gas or a box of bullets. Gold will buy even larger things like a gun or even a car. Gold should be owned in individual small parcels like a quarter ounce - and silver in 5-10 oz ingots or 1 oz coins. A hundred oz bar of silver is pretty heavy and bulky and cannot easily be separated.
Cash will also be practical. Remember after the hyper-inflation causes the average person to exhaust all his cash reserves (nobody will have a job - except the Jews of course)) - keep in mind that minor consumable items will probably become bargains again - available only to those who still have cash.
Even large ticket items - cars or even homes will be bargains for cash. I predict that paper $ will fluctuate as the system collapses andless is in circulation. Check it out. I’m not sure of this - just educated guessing.
BTW: Homer Simpson Land, I think I have an accurate brief description of the reality of Amerikan stupidity you described. Since our stupidity has cause millions of deaths as well as the occupation of our nation, as well as our economic AND moral demise - THAT stupidity cannot be given a pass as simple ignorance.
I believe that after a certain point - where the consequences of collective ignorance causes INNOCENT people to suffer and or DIE - I would call it — CRIMINAL STUPIDITY! LIKE PUBLIC ENEMY CRIMINALS.
I consider ALL FIFTY MILLION Zio-BaptDUH morons to be my - AND my family’s - DEADLY, PERSONAL, CRIMINAL ENEMIES just for openers - as they WILL be the war-mongering demons who WILL be responsible for STARTING the coming nuclear holocaust - AND the ones who will have YOUR Family in prison for wanting peace. CRIMINALS! DAMN THEM ALL TO HELL!
PS Mr LOWE - Please do NOT address Brother Nathanael with your disrespectful sarcasm as if you were speaking to some clueless naive child regarding a situation that does not ALSO affect him. He doesn’t deserve that kind of caustic inappropriate dribble - and it pisses me off personally - OK? - so don’t do it again.
Everybody has a sob story. You lost 50% of your sales? Boo Hoo. I lost my entire business; but I still support him because the wisdom he works 24-7 to share with us is priceless in this Jew-controlled, disinformative, occupied atmosphere.
“As an aside from curiosity: a German told me once that in Germany when a German is buried in a cemetery their remains are dug up after 20 years and put in the rubbish dump, but Jewish remains stay in the ground forever.”
Yes, that is true after 20 years the grave is used for a new body. Jewish parishs have their own cemetries, they use the graves only once. Since most Jews believe in corporeal resurrection, the graves are meant for ever until the dead resurrect. Therefore they also don t make cremation. You have a lot of very old Jewish cemetries in Europe with ancient graves.
Regarding the new dollar. They don’t make a new Dollar just out of fun, the reason is I guess the over-indebtion. With a new currency they try to contain the debts. E.g. with a ratio old-to-new of 1:10 the state looses his debts and the people their savings.
So if really a new Dollar is imminent, better think what to do with the old ones.
IF they bring a new currency then surely not with a ratio 1:1.
It might have more to do with their belief that dead animals should never be buried. (According to CJ Bjerknes)
I’m puzzled with respect to the listing of Jewish bankers above. Who is a Jew? Is it someone descending from Jewish ancestors or is it someone who continues to practice Judaism and hasn’t found Christ yet?
For example, Wikipedia describes Paul Volcker’s parents as Christian, but his maternal grandparents could well have been Jewish, for all we know. In this case, does he continue to be Jewish even if his parents and him have joined the Holy Church? Then he would be Jewish by descent.
Brother Nathanael, you say you grew up in a Jewish family, but you’ve found Jesus. You’re no longer a Jew. You’re a Christian now. Then you are not-Jewish by faith. Couldn’t we say the same for Paul Volcker then, assuming, for the sake of the argument, that he is officially, say, Lutheran?
Trying to tease things apart. No offense meant to anybody here!
Thanks for that link. I trust Stewart Thompson, he seems to know what he’s on about. (wwww.gracelandupdates.com). He thinks the banksters will get gold fixed to a very high dollar price, and it will stay up there.
Gold revaluation (upwards) is coming. This means that they can use their immense gold wealth, and no matter how much they use or sell, it will not crash the price. The gold revaluation upwards could be over the weekend, during a “bank holiday,” or it could be more gradual.
People, short gold will be totally destroyed. Leveraged traders will be wiped out. Upwards revaluation will be coupled with horrific price crashes to shake more gold out of the market and into stronger hands. Silver will be even worse. It will shoot to the moon, then its price will crash. It will still be worth having though. After this, gold will trade in a high range for maybe decades.
The public essentially has no gold and is not important in this picture. People won’t be lining up this time to buy gold, they will be in breadlines instead.
John Embry says silver might double fairly soon, so its worth buying now. It has less chance of confiscation or selling restrictions too.
Everyone must have some cash out of the bank, and some gold and silver. Do it today, even if its just $1000 out of an ATM to hide under your mattress! At least its a start, and worth it just for peace of mind.
I NEVER stated that Volker was a Jew. +bn
How much time do we have before the collapse?
Around a year/18 months or sooner?
KC, this collapse will be sure, but it is also gradual. It is already underway.
You need to think and take action NOW. If you wait for good prediction as to “when” you will have missed the boat.
The banksters are doing this collapse slowly so they can steal as much as possible before they take all the money and run.
Think and pray and act NOW.
John Williams (Economic Expert at Shadowstats.com, oft quoted by EVERYONE) says the collapse via HYPERINFLATION is already beginning and will climax by 2014.
See a recent interview (11/28/11) with John Williams @
VERY revealing indeed. +BN
@ DachsieLady & Brother Nathanael
Thank you for the info. I will read the interview. I want to be prepared although my savings are little (but little debt too).
The fact that this hyperinflation is gradual makes sense, and I can see it happening.
Boycott the materialistic system we have.
Hit THEM where it counts.
Example: Spouses, friends, mother-in-law moving. Major clean out.
We came home with flat screen TV, nice bed boxspring and mattress, exercise equipment, nice solid dining room set etc. etc.
It took 2 truckloads…ALL FREE.
Paying it forward, I left our working 32 inch Sony Colour TV on curb “for free”…gone in one hour.
Materialism is Satan worship….learn to live with less = reduces the “idols” we falsely worship.
Looking back, (50+ years) I was far happier and more content when there was less.
Dear Brother Nathanael,
You are doing nothing wrong. Stay put. Donations will come.
You know the Federal Reserve’s contract is expiring. Money is being printed, all right, but it is to cover the trillions to be cashed in by the Treasury, let alone the ‘wealthy’ in the world.
Sure, the Red Dragon Society will “soon pull us out of the global financial matrix of impending destruction” but the Dragon is not who people think.
Israel is going to fall apart, shot in the foot by their own weapons.
I don’t keep any cash in the bank. It’s a total waste. They can shut down the bank and confiscate my cash anytime they want. I might keep $50 cash in the bank most of the time.
I recently found a hand made gold watch with blue sapphires and either a white sapphire in the middle or possibly a diamond. I’m building up a small portfolio of finds.
I don’t believe in going to the coin store to pay through the nose. I buy at flea markets and auctions.
Also, I have a box full of unopened packets of 1960s-70s vegetable seeds. I assume they are still good. Some Mormon said that someday they may be worth more than gold. It would have to get pretty bad for pre Monsanto Spanish Jew genetically modified terminator seeds to be worth more than gold.
My concern is for the truly innocent people of the world such as the Amish who live very simply and are very industrious. How will they cope with the exploitation?
I hope there will be a way of physically fighting the Rothschild devil worshipping Jews and their hired goons when they start coming after people.
I know that Jesus said turn the other cheek but I don’t believe he meant let them bury people with a bulldozer like the poor saps in Iraq.
Did you know that a large percentage of 19th century American books on Christianity warn about Jews? They won’t print anything like that anymore.
Yeah not sure, what America is expecting with all these troops abroad:
Someone has to pay all those people, its not like they are willing to risk their life and fight for free.
As things start turning sour (Jew puppet state) America will have to, or won’t be able to, afford its campaign of imperialism and war against the nations of the world. Troops will have to come home or the government will no longer be able to afford to pay them (mercenaries anyone?).
As stated by Russian professor ( Igor Panarin) who predicted that U.S. will cease to exist or more precisely “breakup.”
It happens all the time, Jews managed to ruin mightier and bigger nations though U.S. has made some great leaps.
The Federal Reserve will simply steal American citizen’s purchasing power by inflating the currency while trying to print its way out of debt. China, Japan, ect., will sooner or later dump U.S. dollar knowing it’s an idiots gamble.
As stated by Mike Adams, “The top three things that the U.S. government spends money on are: (figures from 2006)”
1) WAR: Department of Defense + Veterans’ benefits ($580.5 billion)
2) DISEASE: Medicare + Medicaid ($614.1 billion)
3) DEBT: Debt to the people (Social Security + Welfare) and to debt holders (interest on national debt) ($1,115.4 billion)
These three things take up 85% of the federal budget! (Total 2006 federal budget was $2.7 trillion.)
“That fact right there should tell you all you need to know about the future of this nation: The U.S. is about to become history. In the history of the world, no nation that spends 85% of its budget on war, disease and debt has ever survived for more than a few years.
(Rome spent far less on war and still couldn’t keep its republic together.) Few Americans can even imagine the collapse of America. (Most Romans couldn’t imagine the fall of Rome, either.)
They think America is so strong and dominant on the world stage that it can weather any storm. Do you know why these people hold such myopic views? Because they watch the U.S. media” – Mike Adams
On the contrary, when the prominent Boston University professor Laurence J. Kotlikoff made a straggling revelation about U.S. debt state, affirming that “national debt, which the U.S. Treasury has accounted at about $14 trillion, is just the tip of the iceberg.”
“If you add up all the promises that have been made for spending obligations, including defense expenditures, and you subtract all the taxes that we expect to collect, the difference is $211 trillion!. That’s the fiscal gap, he says. That’s our true indebtedness.” - Prof. Kotlikoff
November 28, 2011 @ 4:08 pm
It surprises me how the gold and silver recomendations continue to be placed on this site after the comments of Lynn. Surely everybody must realise that what can be enacted in the US as Executive Order can be done in every other country as well -at least in countries where the recommendations of the Jew are considered to be divine relevations!
@Hans: I am not sure what is this fellows purpose who claims he has heard Germans have a tendency to dig up their dead bodies after 20 years to do God knows what with them.
The facts are very simple: In most communal cemetries you rent a grave for 10 years. So long as you pay the bill every 10 years the grave will be yours - in many cemetries you can find family graves, which have been maaintained for between 100 to 150 years. The rental periods may differ between different towns or communes.
Frequently after 20 years and mostly after 30 years the willingness of the descendants to maintain and pay for graves to which there is no more a direct emotional connection ceases and the graves are released to new users. Graves of persons of public or historic interest are usually maintained and paid for by the towns were they are buried.
I do not think that the administration of cemetries in Germany would be handled very differently in any part of the world where conditions exist similar to Central Europe.
I think we have established that the USA WILL experience a total economic collapse. That collapse will be accompanied by, in the not too distant future, increasing civil unrest ad chaos in our streets. Ordo ab chao remember that one?
There will be a big war in the Middle East soon and it will probably quickly escalate into a world war. That is the plan of “the globalists” who have engineered the Arab Spring and most if not all of the street protests popping up all over the world.
We have also established, as even the pro-Israel Jerome Corsin admitted clearly on the radio yesterday, that “the globablists” are the bankers, the banksters. All of this geopolitically engineering is being accomplished via the money (financial economic) systems, that is, through the leverage of the banksters.
These vise or pincer machinations of countires and peoples by the banksters to many of us are primarily of the Jewish revolutionary spirit. Their goal is to own and operate the entire world. They are not primarily focused on “Zion” or the small patch of land called Israel and do not have special care and concern and allegiance to the citizens of that nation state.
There is this megalomaniacal, psychopathic, negative rejectionist spirit and small group of people who want to kill and destroy and take over ALL.
It does not help, and it is not honoring the One Who said He IS TRUTH, to avoid identifying the Jewish nature of what the world banksters are doing to all of humanity.
These people who are living in their cars (or are on the brink of homelessness) need some helpful survival hints from you guys out there.
Personally, I’ve always found if you are at an exit where there is at least 3 restaurants, one will give you a chore in exchange for a meal.
I have been having dreams about people who are not used to a hard life suddenly being in desparate living situations.
Anybody else having dreams like this? Brother Nathanael I’m sure would let you split wood for an hour for a big plate of matzo balls & gefilte fish!
Just kiddin’ Brother N!!!!!!
Hans, in his excellent commentary, says “The new dollar … won’t bring the work places back.”
There is actually much productive work which could and should be done in America.
Organic farming comes to mind.
Also, much work needs to be done on our infrastructures. Personally I am concerned about weaknesses of our water infrastructure.
Common wisdom says, “Yes, but we need MONEY (or Gold) before we can authorize any work.”
Maybe so. But WHY?
Why is there apparently plenty of MONEY to pay for soldiers and for developing mind-boggling military technologies, but very little MONEY to pay for basic needs (wholesome food and water)?
Populist economists have pointed out that true wealth of The People consists of NATURAL RESOURCES plus WORK.
WHO benefits from peoples’ NATURAL RESOURCES and WORK?
HOW have they leveraged control of other peoples’ NATURAL RESOURCES and WORK?
HOW can Justice prevail?
Where I live, we can buy and sell gold completely tax free, and it is not illegal at all as far as I know. Follow Lynn’s advice if you like, but I wouldn’t, as I am not a US citizen anyway.
I think they may revalue it higher so most people would sell it to the govt for the higher price. The price may be hard to resist for most people. The banksters want it all, and can easily print the money to buy it, so why wouldn’t they just do that? Just about anyone who believed they could get a house for 10 Oz of gold would just hand it all in wouldn’t they?
During the confiscation of 1933 many people threw their gold away in disgust, but a better move would have been to hide it, or just take the cash.
But when the planned Illuminati economic collapse takes place, Martial Law will go into full effect and so will Executive Order No. 6260, passed many decades ago (April 5, 1933) by freemason/luciferian traiter Franklin D. Roosevelt. It remains the law of the land at the present time.
This is not true:
Executive Order 11825 of December 31, 1974
Revocation of Executive Orders Pertaining to the Regulation of the Acquisition of, Holding of, or Other Transactions in Gold
By virtue of the authority vested in me by section 1 of the Act of August 8, 1950, 64 Stat. 419, and section 5(b) of the Act of October 6, 1917, as amended (12 U.S.C. 95a), and as President of the United States, and in view of the provisions of section 3 of Public Law 93-110, 87 Stat. 352, as amended by section 2 of Public Law 93-373, 88 Stat. 445, it is ordered as follows:
Section 1. Executive Order No. 6260 of August 28, 1933, as amended by Executive Order No. 6359 of October 25, 1933, Executive Order No. 6556 of January 12, 1934, Executive Order No. 6560 of January 15, 1934, Executive Order No. 10896 of November 29, 1960, Executive Order No. 10905 of January 14, 1961, and Executive Order No. 11037 of July 20, 1962; the fifth and sixth paragraphs of Executive Order No. 6073, March 10, 1933; sections 3 and 4 of Executive Order No. 6359 of October 25, 1933; and paragraph 2(d) of Executive Order No. 10289 of September 17, 1951, are hereby revoked.
Section 2. The revocation, in whole or in part, of such prior Executive orders relating to regulation on the acquisition of, holding of, or other transactions in gold shall not affect any act completed, or any right accruing or accrued, or any suit or proceeding finished or started in any civil or criminal cause prior to the revocation, but all such liabilities, penalties, and forfeitures under the Executive orders shall continue and may be enforced in the same manner as if the revocation had not been made.
This order shall become effective on December 31, 1974.
I would like to point my good friend +BN (a good friend whom I have never had the pleasure of meeting; but if he ever came to England would very much hope to meet) to a website which could be of great interest: http://bnpideas.com/ , and especially the economics section: http://bnpideas.com/?cat=8
I believe that a Gold or Silver currency is the worst thing that could ever happen to a nation… ‘first by inflation and then by deflation’….
Your videos +BN are very powerful and are having a great influence. I pray that you keep them up.
P.S. always stay authoritative in comments, and don’t respond to hastily to petty criticism too hastily. Always deal with comments (if you really feel the need to, and without evident emotion to keep the authoritative edge) succinctly. Remember; most people, given time, will fundamentally will agree with you, and with conservationism in general.
Keep up the work +BN you are a true inspiration.
P.P.S. I see street preachers regularly. Most have little effect. Hopefully we can think of new ways that you can reach an audience as big as possible. I pray for the best for you, my true inspiration +BN.
An aspiring politician.
Money=Power, and if any of these analysts actually believe that those who run the printing presses would ever give up their power — seeing them put the Planet through 12 more World Wars would happen first.
November 30, 2011 @ 7:07 pm
Andrew, the point here is that gold is not the absolute security anchor that some people would like to see in it. And you yourself are unwittingly disproving the point you are trying to make insofar as you quote the revocation order:
Such orders can be revoked at the stroke of a pen, but they can also re-issued at the stroke of a pen! That and that alone is the relevant point here.
Nobody will give.
The Jews give money to the people who fleece others like Simon Wiesenthal and Morris Dees. They will give thousands. Alex Jones sells cds and shirts and hats. Brother Nathanael might like to look into selling things to raise money.
People don’t mind paying $100 a month for the TV. They don’t mind paying $3 for a mix drink. But they won’t pay much to read stuff. They just won’t do it. That’s why public TV offers cds and stuff to make money. They might give a little during good times. But they figure they can just read other stuff.
But you can buy T shirts cheap online and have designs put on them very cheap and sell T shirts and hats. You could decide to sell times advertising on the web site like Alex Jones. It’s all about the money.
An idea whose time has come -
The Wörgl experiment that was conducted from July 1932 to November 1933 is a classic example of the potential efficacy of local currencies.
Wörgl, a small town in Austria with 4000 inhabitants, introduced a local scrip during the Great Depression. By 1932, unemployment in Wörgl had risen to 30%. The local government had amassed debts of 1.3 million Austrian schillings (AS) against cash reserves of 40,000 AS.
Local construction and civic maintenance had come to a standstill. On the initiative of the town’s mayor, Michael Unterguggenberger, the local government printed 32,000 in labor certificates which carried a negative 1% monthly interest rate and could be converted into schillings at 98% of face value.
An equivalent amount in schillings, deposited in the local bank as cover for the certificates in case of mass redemption, earned interest for the government. The certificates circulated so rapidly that only 12,000 were ever actually put into circulation.
According to reports by the mayor and economists of the day who studied the experiment, the scrip was readily accepted by local merchants and the local population. It used the scrip to carry out 100,000 AS in public works projects involving construction and repair of roads, bridges, tanks, drainage systems, factories, and buildings.
The scrip was also accepted as legal tender for payment of local taxes. In the one year the currency was in circulation, it circulated 13 times faster than the official shilling…and served as a catalyst to the local economy. The heavy arrears in local tax collection declined dramatically. Local government revenue rose from 2,400 AS in 1931 to 20,400 in 1932.
Unemployment was eliminated, while it remained very high throughout the rest of the country. No increase in prices was observed. Based on the dramatic success of the Wörgl experiment, several other communities introduced similar scrips.
The Wörgl experiment dramatically illustrates some of the common characteristics and major benefits of local currencies.
1. Local currencies tend to circulate much more rapidly than national currencies. The same amount of currency in circulation is employed more times and results in far greater overall economic activity. It produces greater benefit per unit. The higher velocity of money is a result of the negative interest rate which encourages people to spend the money more quickly.
2. Local currencies enable the community to more fully utilize its existing productive resources, especially unemployed labor, which has a catalytic effect on the rest of the local economy. They are based on the premise that the community is not fully utilizing its productive capacities, because of a lack of local purchasing power.
The alternative currency is utilized to increase demand, resulting in a greater exploitation of productive resources. So long as the local economy is functioning at less than full capacity, the introduction of local currency need not be inflationary, even when it results in a significant increase in total money supply and total economic activity.
3. Since local currencies are only accepted within the community, their usage encourages the purchase of locally-produced and locally-available goods and services. Thus, for any given level of economic activity, more of the benefit accrues to the local community and less drains out to other parts of the country or the world.
For instance, construction work undertaken with local currencies employs local labor and utilizes as far as possible local materials. The enhanced local effect becomes an incentive for the local population to accept and utilize the scrips.
4. Some forms of complementary currency can promote fuller utilization of resources over a much wider geographic area and help bridge the barriers imposed by distance.
The Fureai kippu system in Japan issues credits in exchange for assistance to senior citizens. Family members living far from their parents can earn credits by offering assistance to the elderly in their local community. The credits can then be transferred to their parents and redeemed by them for local assistance.
Airline frequent flyer miles are a form of complementary currency that promotes customer-loyalty in exchange for free travel. The airlines offer most of the coupons for seats on less heavily sold flights where some seats normally go empty, thus providing a benefit to customers at relatively low cost to the airline.
5. While most of these currencies are restricted to a small geographic area or a country, through the Internet electronic forms of complementary currency can be used to stimulate transactions on a global basis.
In China, Tencent’s QQ coins are a virtual form of currency that has gained wide circulation. QQ coins can be purchased for Renminbi and used to purchase virtual products and services such as ringtones and on-line video game time.
They are also obtainable through on-line exchange for goods and services at about twice the Renminbi price, by which additional ‘money’ is being directly created.
Though virtual currencies are not ‘local’ in the tradition sense, they do cater to the specific needs of a particular community, a virtual community. Once in circulation, they add to the total effective purchasing power of the on-line population as in the case of local currencies. The Chinese government has begun to tax the coins as they are exchanged from virtual currency to actual hard currency.
Society utilizes only a small portion of its resources and opportunities. Almost everyone has underutilized knowledge, skills and time that can be engaged productively. Most manufacturers and services have underutilized machinery or capacity.
Complementary currencies are a creative means to enhance this untapped social potential.
There are several hundred if not thousands of community currencies in use worldwide. To see if your community has one go to - http://www.complementarycurrency.org/ccDatabase/les_public.html
From Wikipedia - http://bit.ly/t7m1Qd
I would like to commend BN for mentioning the Jew Ayn Rand.
I would also like to expand upon this anti-Christ woman. She founded a philosophy called Objectivism, mostly arguing for selfishness as a virtue and laissez faire capitalism.
However, the most disturbing aspect is that she views God, Christianity, and any religious ideas as a sign of weakness, a typically held belief in Jewish circles.
I would warn all of the Tea Party supporting fools that back Ayn Rand to step away from this bloodsucking kike or face farther hypocrisy in their movement.
They need to put Bill Clinton on the $100 Bush on the $50.
The only reason to print new money is to devalue the money by giving people 50 cents on the dollar. The reason the last few years they keep changing the money is so people can’t hoard money. If someone were to come out with millions in old money it would raise red flags.
It never was about counterfeiters, because they counterfeited money 100 times more years ago than they do now.
It keeps up with anyone hiding cash. So make new money and get rid of any money anyone has, because you’ll have to trade in the old money.
There are plenty of ways to make things better.
For one thing you have a simple tax law everyone pays 10%. Nobody pays taxes on their labor.
We only carry a 100,000 man army. WE close all the military bases and save hundreds of billions.
We need to elect ordinary citizens to public office and replace them every year and do away with politics as a career. We need to send troops to countries that produce drugs and destroy their drug industries.
We need to open our prisons and Blacks, Asians, and Muslims who have committed non-violent crimes be sent back to their own countries with their whole family never to return. This would drop the prison population by half.
We fight drug manufacturing in this country and not send troops to other countries because it competes with profits from the CIA. Canada with it’s sunlight produces a lot more marijuana than the USA. But we don’t mind if it’s grown and shipped into the USA.
This is why White people lose. Jews will give millions to overthrow Russia, but a White person won’t give a dollar to learn.
If everyone gave you a dollar you would have plenty. But hang in there because as the economy get worse the donations will come. It’s common knowledge that during economic collapses people zero.
A each day passes more and more realize they don’t have to read anymore and just get ready for what is to come. I used to read 2 or 3 books a week, but who has the time?
It’s time to prepare and you are losing more and more possible donors. But we might only have 5 months maximum before the whole thing falls apart. IF they issue new money and all these poor people have their money reduced by half look what that would do.
There is another web site that has a lot of info and they charge, but I don’t pay. Because all we need to know now is what to avoid and get ready for the crash.
In fact reading the web sites takes a lot of time. I mean each night to read an hour or so stuff on the web site. It’s hard to not turn it on each night.
Brother either offer T shirts or coffee mugs or something as a reward.
Every person who fought in WWI and WWII created this mess. We destroyed the best country in Europe and defended Communism. Then the Commies came here.
No doubt the elite are going to destroy this country and the rest will be easy. If they print the new money all the have to do tell everyone to trade in their dollars and the new money is only worth 50% and that will wipe out hundreds of trillions of dollars. It means anyone with money saved over 30 years can see 15 years of work gone.
Of course if they own something like a home it will lose half it’s value, but so will everything else. The Jewish bankers will tell the chairman of the Federal Reserve what to do. He could say the new currency is only worth 25% of the old currency. This would mean we would be reduced to a third world.
Americans deserve this, because we have allowed the Jews to run the media, banks and education and so we are ging to pay for our ignorance. Things would just hum along without these markets always having to go up and down to make money.
I believe stock markets after the company has grown and gotten to a certain point they should pay off the investors, because as soon as they drop and go up and down stocks are nothing, but a pyramid scheme. How does it help the economy if money is taken from one naive person and handed to some filthy rich person?
The poor person would have spent the money in the economy and the rich person already has a billion. They get rid of these markets and I believe it would dump another trillion a year into the economy. People do better when money is being spent buying and selling consumer goods and not sitting in trust funds.
Why does backed by gold mean anything?
I mean surely they wouldn’t say each dollar was backed by so much gold and lie and print more money than they had gold. Why does money have to be backed by gold?
Just print money. Charge corporations 10% and no taxes paid on labor. I mean they raise taxes every year. If they print a new dollar and they give you 50 cents on the dollar kiss goodbye half your money.
It’s wonderful controlling the money. You just print new money and bend over. The slick ones will have money in property.
When they screw you out of half your money I don’t have to tell you what should be done with the government who does this to the people. Hang em’ high.
People ask questions about gold and money, but they don’t even understand it. I don’t even understand how much money they print affects us.
I mean let’s say they print 10 trillion or they print 20 trillion. How does it affect us? I don’t think it does.
I mean in recent years the price of homes went through the roof and cars especially big cars have gone down, because of gas prices.
Then in 2005 the prices of houses fell big time. Some they fell by 75%. Did they print a lot of money and then cut down to affect the prices of homes?
Brother, do you ever print your mailing address? Maybe tell people to send you one dollar.