Bankers Attempting to Corral Capital into Specific Banks Ahead of Bail-Ins? – Bill Holter…”they know the system is going to come down.”
SilverDoctors.com
February 17, 2016
Now let’s get to the REAL reasons to ban currency…
There were many questions to a recent interview https://www.youtube.com/watch?v=dwwcNSR6nQE I did last Friday (released Sunday) asking about what a “cashless” society would mean so I’ve decided to expand on it. As it turns out, the timing was very good (by mistake) because over the weekend Europe announced plans to discontinue the 500 euro note http://www.nytimes.com/2016/02/16/business/international/european-central-bank-weighs-eliminating-500-euro-bill.html?_r=0 .
This was immediately followed on Monday with a trial balloon by Larry Summers https://www.washingtonpost.com/news/wonk/wp/2016/02/16/its-time-to-kill-the-100-bill/ calling for the end to the $100 bill. You can certainly see where they are headed!
First, let’s look at why they want to do this and then move on to what exactly it will mean to you and me. If we take Larry Summers at his word (something I hesitate to do!), discontinuing the $100 bill will hamper corruption and terrorism. He also talks about the use of cash for tax evasion purposes.
It is said drug dealers would be put out of business if cash were banned. Maybe so but then you must ask yourself “who” is at the heart of supply and generates “dark” cash flow for funding? Wouldn’t this be like shooting yourself in the foot?
As for terrorism, I agree there are some crazies out there who want to do some very radical things. However, I would ask you the following questions. How many “terror attacks” have actually been false flags? And who actually funds some of these terror organizations? Have you ever “followed the money” to see who actually funds ISIS or even formed Al Qaeda years ago? Enough said I think.
Now let’s get to the REAL reasons to ban currency. First and foremost, those in power understand the viability to the current system is now very limited. In other words, they know the system is going to come down. On one hand the West has already passed legislation for “bail ins”. On the other hand, how best would it be best to corral capital into these banks they know will be bailed in? Now your putting the dots together!
The Rest…HERE
