Your Savings is Now a Target!
Your Cash is no longer safe!
This is a quick and dirty post because I think this news needs to get out right now! I apologize for any grammar or spelling mistakes, because this is so important that I am posting this without a review! I learned of this when a friend sent me this news, and I was shocked.
So the Story Headline is that people are hiding their cash in their microwave.
Why is this being done?
See Sweden’s Privately Owned Central Bank has had difficulty getting Sweden on the Euro. In a single bold move the Privately Owned Central Bank plans to force their subjects to give up the Krona and instead adapt a wholly electronic banking system where ALL purchases are tracked. The Official story is these measures where taken to stimulate the Swiss economy and to help protect the country from terrorist. Sweden’s government wants the ability to know on what and how each and every Krona is spent. To those that are awake, you realize that this information certainly would serve no purpose in tracking and preventing terrorist activities. What it does do however is set up that nation for the implementations of certain New World Order/UN objectives. This being items such as the Codex Alimentarius agenda and the One World Money agenda of the IMF because as long as people have a means of exchange that is not tracked it is nearly impossible to force what they can and cannot buy and in what quantity. Additionally, individual wealth cannot be tracked, nor can you force people to become wards of the state.
It is important to note that the citizens of Sweden are resisting migration to the Euro by a margin of more than ten to one and as a result they have seen the value of the Krona increase 8 fold over the Euro.
How is this being done?
The central bank has issued a negative prime lending interest rate. Ever hear of that before? Most of you have heard of our privately owned central bank named the Federal Reserve issuing the prime lending rate. What this rate actually represents is the cost to the American People and Government for use of Money. Now I want to make clear what that means. This is not just interest rate you need to worry about ONLY when you are applying for a loan as the news media would have you believe. See all money in the US, both paper and electronic is OWNED by the Federal Reserve. Not the US Government, not the American, but by a privately owned bank. That interest rate they speak about is what the American People have to pay to this private bank for the privilege to hold and use their money. The interest, which that rate represents, is paid on this debt that can never be repaid via income tax.
We have all heard that the lower the Primary Interest rate, the better. But isn’t a negative number smaller than a positive? No, that false mathematical concept taught in school is completely wrong. Negative numbers are very real and get larger as you move from zero. Negative is a sign of direction, not quantity. So what does a negative Prime Interest rate mean? Let’s take a look at some simple math to make it clear.
In our example a depositor places a $100 dollars in a bank. The bank pays this individual interest of say 3%. So over a year the $100 dollars “earns” 3 dollars and at the end of the year the depositor now has $100+$3=$103 dollars. Simple enough right? Even if the bank doesn’t pay interest, the depositor would still have $100 at the end of the year (assuming no fees). What about a negative interest rate? Well let’s do the math. 100 x (-.03) = (-3). Take the -3 and add it to the hundred dollars and what do you have? $100+(-3)=$97 dollars. That’s right, the quantity of the money in the account declines.
If a person does take action, all of their money will be confiscated over time. This forces people to withdraw their money from the bank and place it into some physical holding like a personal safe or in the case of Sweden apparently a microwave oven. The reality is that most people cannot effectively save money when they have a pile of cash sitting around. Over time the average person will start to “bleed off” this cash reserve and place the money into circulation.
Italy has joined Sweden in issuing a negative Prime Lending Rate.
What happens next?
Once the money goes into circulation inflation starts to climb. This means now that the income of individuals becomes worth less and living day to day costs more. This causes the individual to “bleed off” their savings even faster just to keep up. The devaluation of the Krona makes movement to the Euro more attractive, and with a little media spin, justifiable to allow the government to go against the will of the people. The central bank will now “confiscate” the hard fiat cash in the name of “slowing inflation” and replace it with electronic Euros. When the dust settles, the average person will no longer hold any hard assets, indeed they may not have any assets since they couldn’t hold money in savings. The average person will only have the electronic Euro assets that they obtain by trading their labor for. These new assets can be tracked, controlled, and confiscated at any time by the “authorities”.
Can it Happen Here?
Most certainly! Historically we have seen that the New World Order/UN have used Europe as a lab to run “Test Cases” in order to refine processes before running them in the more independent minded US. If they are now doing this in Europe, you can count on this happening in the US within a few years.
What to do?
Well we have a few options. One is start placing all your assets you possible can into precious metals like gold or silver.
Most people have been lead to believe that cash is the anchor of value so they believe the fluctuating “price” of precious metals reflects how much the metals are worth. Truth is that is looking at the world upside down. In fact precious metals are one of the anchors of wealth, not the other way around. The fluctuating “price” of precious metals is an indication of the change in the value of money, while the purchasing power of precious metals remains constant over time. Take Silver as an example. Two ounces of Silver has had the purchasing power to fill a gas tank of the average car now for 40 years. That has not changed. However that same amount of cash stuffed in your vault for 40 years wouldn’t get you a cup of coffee today.
Other options are to look into independent currencies such as Bitcoin which sells at the time of this writing at more than $300 per coin.
Quick 6 minute Video of Bitcoin
These independent currencies are outside of the control of the Privately Owned Federal Reserve so their value are truly market driven. Since only FIXED amount of BitCoin will ever be issued, the value of BitCoin will only increase over time. This is means the BitCoins you hold will increase in PURCHASING power over time. Unlike the Federal Reserve Note that due to purposeful over printing reduces in purchasing power every month.
Read the full story of Sweden’s nightmare HERE.