Why globalists WANT fiat currency to collapse, even if it destroys their own currency holdings

Discussion in 'General Discussion' started by fl4848, Jul 8, 2022.


  1. fl4848

    fl4848 Monkey+

    Why globalists WANT fiat currency to collapse, even if it destroys their own currency holdings

    In this video, Mike Adams says that it might be a good idea to own shares of a business to preserve assets during the coming monetary collapse. He said if you own shares of a physical factory that produces physical goods that people need, and the company makes it through the financial collapse, you could preserve assets that way.

    I was wondering what a good example might be of a company that maintains a physical factory that produces goods that people need. I'm thinking maybe poultry companies, or grain manufacturers, or black beans/soy beans.

    Maybe a lumber yard?

    But then you need to do the research to figure out if it will be a stable enough company to survive the financial crash. That's the big IF. If the company has a lot of debt, or if the company has lots of assets in fiat currency that will be worth nothing, then they will probably not survive the storm.
     
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  2. CraftyMofo

    CraftyMofo Monkey+++

    Not sure that having a lot of debt would matter in a fiat dollar collapse. Industries that are viewed as favorable will be bailed out. Look for companies with high ESG scores.
     
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  3. fl4848

    fl4848 Monkey+

    I think this is very true. I worked for Waters Corporation which makes Mass Spec and LC equipment. They definitely had tight ties with globalist string-pullers. I'm pretty sure they would be bailed out no matter what. There are probably thousands of companies like Waters that are apples in the eyes of the globalists. They will be bailed out no matter what. Waters was considered an "essential business" during the pandemic.

    Although, globalists want to wipe out wealth amongst the middle class. If shares of companies are maintained through the storm, then this would be an effective way for the middle class to maintain wealth. Do they have a trick to strip wealth from share holders? Perhaps, if the market crashes, and shareholders see their shares go down to .0001 cent, then they assume they have wiped out savings. But if you hold onto your shares, and the global reset occurs and they no longer use dollars and switch to a global crypto currency (or whatever they have planned for us) then if you still maintain shares of that company, then they would be convertible into global crypto.

    Actually.... how would that work?

    If I own 1 share of General Motors stock that I purchased with 1 US Fiat currency dollar. If I go to England and want to sell my 1 share of General Motors stock for 1 pound sterling or euro or whatever, could I do that? Would they allow that? I'm not sure if that would be on a different stock exchange. Maybe the US stock exchange only deals in US Dollars, so if you own stock that you purchased with US Dollars and the US dollar becomes worthless due to inflation, then you would be stuck because that stock would only be redeemable in US dollars? <-- That might be how they get you by the balls.
     
  4. Wildbilly

    Wildbilly Monkey+++

    Not sure if owning a business is gonna work in a moneyless collapse, think about it for a minute...no money equals NO money for payroll (that usually means no employees), NO money for raw materials/inventory, NO money for utilities, insurance, taxes, etc.., and customers with NO money to buy anything with. Those businesses that are deemed essential will need an infusion of the NEW money, which means the government will own your business...if you are lucky, you might keep your job, or not.
     
  5. fl4848

    fl4848 Monkey+

    Haha. Good points.

    Although, the business operations could be haulted for an unspecified amount of time during the collapse, and then re-established once the dust has settled. That's not to say that it wouldn't be opened under a different name, thereby wiping clean the slate of all previous shareholders. Why bare the burden to anything before the collapse, if you don't have to?
     
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  6. BlueDuck

    BlueDuck Monkey+++

    What ever they do will not be in your best interest.
     
  7. fl4848

    fl4848 Monkey+

    That's for sure.
     
  8. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    Why not actually own the asset instead of a piece of script that represents your fractional share of ownership?

    Buy a farm. Buy a water spring. Buy an oil well. Buy the forest. Own the means of production.
    That way you can determine how and to whom you will deal with.

    Just want to protect your 'money' buy PMs.

    Heck, Buy the quad plex. If you can get great tenants that won't stiff ya, you'll have 'cash flow' what ever that will mean.

    This is assuming that you've already hedged yourself against inflation by having months worth of food, water, fuel, ...etc. already stock piled.
     
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  9. oil pan 4

    oil pan 4 Monkey+++

    The socialists and communists tend to get what they want during chaos, stupid people run towards the false security promised by the comies and comie wantabes.
     
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  10. Wildbilly

    Wildbilly Monkey+++

    Of course, we are assuming that they don't just nationalize everything! Your fiat money is worthless and TPTB step in and issue new money to replace the old and everything is good, except they want to own everything...the Great Reset! The kicker is almost everyone would agree to it because they would get a paycheck, Social Security, pension, and free everything! Plus, they wouldn't have to pay for health insurance, home mortage, property taxes, college, etc.! Trying to fight the New World Order would make you very unpopular...kinda like being the odd man out in revolutionary France, Russia and China, or Nazi Germany!
     
    Last edited: Jul 13, 2022
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  11. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    I don't see nationalization of everything here in the US.
    Independent mom and pop grasshopper pumping out black gold
    independent coal miner
    independent fisherman
    farm stand at the road
    bee hives pumping out honey
    beef/chicken/hog farmer kicking out enough to cover his costs and feed his family and be able to keep some back to buy a few more acres of pasture every year.

    Yeah, key word .. independent. These folks are not democratic and aren't going to sign up with any socialist program. They are also probably going to start the shooting first.

    Yeah, maybe that's why the USDA (amongst a bunch of other agencies) is arming up. They know what is coming.

    Why Are Federal Bureaucrats Buying Guns And Ammo? $158 Million Spent By Non-Military Agencies (forbes.com)
     
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  12. arleigh

    arleigh Goophy monkey

    It seems obvious to me that the government plans on doing something the people will strongly object.
     
  13. sec_monkey

    sec_monkey SM Security Administrator

    .. .. da worlds billionaires aint sellin all deir stocks n buyin PMs or hard assets / commodities .. ..

    .. .. if FRNs is gonna be worthless why is dis clickbait video guy gettin paid in FRNs?? or givin da worthless FRNs away?? .. ..
     
  14. enloopious

    enloopious Rocket Surgeon

    Rich people get paid no matter what. You ever use an app like Robinhood or Weebull? You ever notice any short selling on it? People make money when the stock market goes down but 99% of the people don't short anything. Why is that? Because short selling the US means you are going to profit from it collapsing. It's kinda like being on the Titanic and betting someone it's going to sink. Yeah you may be right but unless you gotta life raft, it don't matter. The wealthy can not fail and even when they do fail they just get a bailout. Like George Carlin said its one big corrupt club, and you ain't in it. That guy could put words together like nobody else.

     
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  15. Wildbilly

    Wildbilly Monkey+++

    One of my majors in college was Accounting (the other was History), and I learned more about how the financial markets (stocks, bonds, commodities, etc.) work from watching the movie "Trading Places" than I ever learned in class! In the movie the Duke brothers were explaining to Eddie Murphy's character how the commodities markets worked. Some clients (aka suckers) bet that the prices would go up, some of the suckers...I mean clients... bet that the prices would go down, but either way the Duke brothers made money. Eddie Murphy's character, Valentine, asked "Do the cops know about this?".:sneaky::ROFLMAO::whistle:o_O:cautious::oops::eek::mad:
     
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  16. enloopious

    enloopious Rocket Surgeon

     
  17. Wildbilly

    Wildbilly Monkey+++

    In countries, nationalization usually follows one of two paths #1 Everything is declared the property of the state (example-USSR, China, etc.) or #2 Just seize key or major industries/resources/infrastructure (examples-Saudi Arabia, Venezuela, Great Britain, Sweden, etc.) and control the small stuff through regulation and taxes. If you are willing to survive at a substance level, you might be able to escape notice in both cases, as long as you keep your head down, your papers in order and your mouth shut. You might want to study up on the history of the Jews in Eastern Europe and Blacks in the Antebellum/Jim Crow South. However, if you are too "independent" or "uppity" you will get slapped down or worse.
    In the USSR, independent farmers and business owners were declared enemies of the people and the state, and the people and the state proved more than willing to kill them and seize the farms and businesses. Millions were starved, shot, hanged, or just disappeared into the Gulag. They died because they were outnumbered and out gunned, and because the government took from them, at gun point the means of providing for themselves and their families. The same thing could happen today, deprived of financing, supplies, medicines, fuel, seed, fertilizer, chemicals, and access to markets small independent farmers would not survive, especially if the woke military got involved. Those individuals that survived would go to work on the collective farms, or else be viewed by all as one of those few sad people that just couldn't adjust to the modern system...and maybe allowed to live out the remainder of their sad miserable lives in poverty.
    But remember, the collective farmers in the USSR were allowed to work small plots of land of their own, everyone had a garden, and a few fruit trees, and some would raise rabbits, chickens, bees, pigs, goats, or a milk cow. They were free to eat, trade, barter, or sell this produce...and those few intensively worked acres produced an amazing amount of food. Acre for acre they out produced the best collective farms.
    However, I hope and pray that no country follows either path of nationalization, especially our own, because it almost never works as planned...unless you are planning on destroying an industry or economy. Costs go up, production goes down, and everyone suffers!
     
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  18. CraftyMofo

    CraftyMofo Monkey+++

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  19. Wildbilly

    Wildbilly Monkey+++

    Not just the small farmers, but 30% of all farmland, and then people will bitch when food prices go up and people starve! The World Economic Forum is encouraging the leaders of countries to do stupid stuff like this in order to jack-up their country's environmental score. The same kinda stuff is happening all over the globe, usually in 3rd world countries, like Sri Lanka, which banned the importation of fertilizer, causing a food shortage, and leading to the overthrow of the government. Holland is the first advanced nation to try this foolishness!
     
    Last edited: Jul 18, 2022
  20. CraftyMofo

    CraftyMofo Monkey+++

    Prices will rise here for sure. Our overlords have not considered who will pay the real price for this. Look for increased poverty and starvation in Africa. Next, this will be blamed on climate change.
     
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