There has been a lot of talk about a new financial system coming, whether it is gold backed, blockchain, or QFS. I don't know what the new system will look like but I believe I know what will provoke it: negative interest rates. We are many months away from this happening, but when it does, it will cause great turmoil because people will want to withdraw their money and the banks won't let them. Negative interest rates will eat away at peoples' savings at an increasingly faster pace the more negative the rates become.

You do not own the money in your bank account(s). The bank owns it. You are simply a creditor. Read the bank's "Deposit Account Terms and Conditions" and you will see this is true. This also gives the bank the power to take money directly from your account and give you shares in the bank in return, if the bank is insolvent or at risk of bankruptcy. This is a "bail-in".

A commercial real estate crisis is looming that the media is not talking about. This will cause many bank insolvencies.

Back to negative interest rates. From 1976 until now, there have been 6 significant interest rate cycles, where they rise to a high and then fall to a low point. Each high was lower than the previous high and each low was lower than the previous low, by about 2-3% each cycle. The previous low in the United States was 0.25%. I predict the next low will be about minus 2.5% (-2.5%).

It is currently at 4.75% and I think we are still a year away from negative interest rates.

The last interest rate cycle was the 2008 housing crash. This time it will be worse.

The "new system" will simply be one currency you can't escape. A free monetary system consists of many different curriences, so people can choose.

"You do not own the money in your bank account(s)."

Absolutely correct. Most people still don't understand how fiat money works, because they still think in coins you carry with you, and the bank putting coins in a safe. But more and more people are catching up.

Globalists obviously WANT one currency, but that does not mean they will get it. What we get is all speculation at this point. But, as I mentioned, I believe negative interest rates will get the ball rolling.

Those dependent on government support will have to accept whatever system the government uses.

https://www.dropbox.com/scl/fi/hvw8u9tn772qu417pklkg/ALL-CAPS-and-Public-Private-Eagle-Eye-Down.png?rlkey=37c7tfbx3w41hs9a1kbh088pb&e=1&st=1qwohebk&dl=0

I wonder how all this works when we figure out we live forever. Can debts or assets just follow you around for a billion years? Better not accumulate too much debt. Those compounded interest payments can get pretty high.

Seriously, how does ownership of stuff work when you live forever? I'd like to chat with Harvey about that one.

@Jon

No, I'm talking about confidential Swiss bank accounts that anyone with $5,000,000 can open. They've existed for decades.

If there's widespread destruction from WW3/civil wars then "they" (likely some faction of aliens then hybrids who publicly rule) can monitor everything you do in the city and force onboarding to their currency. Some of the crypto miners/validators/stakers will probably have uptime even through WW3 so the current chains will still be a medium of exchange if anyone cares (if a chain halts it takes awhile to get it back up).

If the US puts that 25% tax on Canada it will ruin the dollar. Already, after Trudeau got in the CDN tanked and this would totally wipe it out. At one point, with Harper, the CDN was higher than the USD. They're going to force the digital currencies.

They will try to design a "catalytic event" to use the 9/11 vocabulary.

Probably this super cyber-attack. It could be caused by "Russian" or a Solar thing. Said quickly: the point it is to cut the old Internet and push everyone in a new one. The Plandemic was one of those hightly scripted events. Then we have climat change + haarp, very practical to play god. The Russian conflict also is so scripted since 2014.

I am not sure this move will happen "organically" throught the progressive cycles of economy alone.

2020-2030 => Always keep the fear alive. Always make sure some kind of enemy is lurking visible or invisible.