You're being lied to...

The financial world is changing, yet the majority of humanity ceases to realize it. To some, traditional finance is seen as the blight on humanity that it is and new, more secure financial networks are being built under your nose. They offer far more freedom and enrichment than anything your neighborhood bank can. I discuss them here…

Central Bank Digital Currency (CBDC)

And so here we are, two years after I wrote “Crypto Four Eleven” and I’ve finally started our financial blog. Kept you waiting, but a lot has happened since. Bitcoin skyrocketed to $64,000 a few weeks ago and as of this writing is sitting at $54k. If you read my book I said it would skyrocket past $10k years ago, and it did. (Along with many other predictions that have since come true) But with all the good news certainly comes the bad, lets take a look.

What is a Central Bank Digital Currency?

“A central bank digital currency (CBDC) uses an electronic record or digital token to represent the virtual form of a fiat currency of a particular nation (or region). A CBDC is centralized; it is issued and regulated by the competent monetary authority of the country.”

It is very much speculated at this point that the FED will be releasing their digital crypto coin people are currently calling ‘FEDcoin’ to replace the paper dollar. China has already done this with the digital yuan, and we’re certainly next I’m sure. For the most part, dollars are already digital and as of the latest measurements about 70% of our fiat is this way. Only about 30% of our economy is in paper at this time and people are more than use to it. Even when you go through the drive through these days, what happens? Someone slides a credit card machine out the window so you can swipe or tap the machine to pay for your order. So the reality is already here, but with a crypto coin (that has none of the positives of a typical crypto infrastructure) comes more convenience, sure. But also a lot more control the FED will have over your transactions. As of right now the FED is purposely destroying the dollar having already printed over 10 trillion dollars this year, lets look at the graph below.

FED printers going BRRRRRRRRRR (as the cool kids say these days)

FED printers going BRRRRRRRRRR (as the cool kids say these days)

So just looking at this, since the year of the pandemic the FED printers went absolutely crazy printing money. As we can see by the graph (sorry for the poor image quality, it is what it is) we’ve printed more money in the last year and a half then in the entire history of the United States. This is far and away some of the most irresponsible monetary policy I have ever seen in my four decades on this planet. So why would the people who are responsible for the financial well being and monetary policy of this country do such a thing? Simple, they WANT to destroy the value of the current dollar, artificially inflate the stock market, and usher in a currency collapse globally, the likes of which we’ve never seen. Coincidentally they don’t even publish these graphs anymore, they’ve stopped completely. I guess they know that even your average Joe would see that there was extreme lunacy going on here.

It is my belief that all of this is to precipitate a crisis in the global financial system and introduce to the world their brand new digital crypto coin to be used just like dollars which is far more convenient. The caveat there is that now they would have total control of how you spend your money. Need some groceries? Sure have at it. Need to buy a new car? Great use our new FED coin. Need to buy ammunition for the range? No, we don’t approve of such transactions. Want to go on vacation again? Sorry Mr. Smith, we’ve decided you’ve had too much leisure time this year. DENIED! And anyone who verbally dissents to the new system can be cut off from it entirely. Now your money is useless and you can’t even buy food to feed yourself. Sound crazy? So have lots of other things I’ve predicted that have since come true, at least in the crypto world.

So what can people do to prepare for the upcoming financial crisis that’s essentially a ticking time bomb at the moment? Move into hedges that have been trusted for thousands of years. You may not have noticed but silver is pretty much sold out or in extremely short supply at all the online retailers. The subreddit “r/wallstreetsilver” has a lot to do with this. So is gold. So is platinum. Even palladium that is just shy of $3,000 an ounce has become scarce. You know what else people are buying that they trust more than the dollar due to it’s anti-inflationary properties? Bitcoin. If you’ve read my book you already know how I feel about bitcoin, I trust it and I believe in it. And at the end of the day, it’s just another avenue to replace your own fiat currency with something that will consistently outperform the dollar without even trying. This is of course is also true with precious metals. For over 2000 years gold has been the primary store of value but I think we’re also going to see silver (the most manipulated metal on the planet through the COMEX) see brand new highs as more and more people take delivery of it on futures contracts. Not to mention the general public is currently draining the shelves of local and online retailers. It also has a ridiculous amount of industrial uses from solar panels to electric vehicles/lithium batteries, photography, and even medicine. An extremely undervalued commodity held down primarily by JP Morgan bank.

Not impressed

Not impressed

So needless to say there’s a lot to unpack here but this gives you a very small primer on what’s likely to come and what those in the know are talking about consistently at the moment. It might be a good time for you to dive into the world of precious metals, goldback voluntary currency (it’s actual gold in spendable amounts and small business owners love them) along with Bitcoin to hedge what’s coming. Holding fiat in your checking and savings account is akin to holding an ice cube. Eventually the value will completely deteriorate. Every time the FED prints more money, they’re robbing you of your wealth because it will take more and more dollars to buy things in the future. All this while you may be working a job that rarely if ever gives you raises or cost of living adjustments. Yes, you’re literally working for a currency that is consistently going down in value (currently by 97%). Also called death by a thousand cuts.

So be smart, take in everything that’s going on and react accordingly. We’ve all been through pretty awful financial situations, 2008 being the most recent. I hope we’ve learned some lessons since then but I also hope you understand that this time it’s going to be directly related to our currency and hyper inflation may also be a likely outcome. If Michael Burry from “The Big Short” is predicting it, I’m very likely to pay attention.

Take care and be safe out there. The world gets crazier every day.

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