Tuesday, April 6, 2021

👉ALERT: Goldman Sachs & Other Big Banks Wave White Flag on The Dollar

👉ALERT: Goldman Sachs & Other Big Banks Wave White Flag on The Dollar ALERT: Goldman Sachs & Other Big Banks Wave White Flag on The Dollar The Government is bankrupt; The Corporations are bankrupt; many people are bankrupt and struggling. Yet, the Mainstream media narrative is suggesting that we are in an economic boom. Indeed if you are in the top one percent, this is the greatest economy ever, no question about it. The Fed is printing money at an unprecedented rate. The US government continues to borrow and spend at a torrid pace. The money printing press is running day and night for buying goods and stocks from other countries. The US prints money like there's no tomorrow. Most of those dollars go straight into the stock market, so it flies. GDP has to increase faster than money printing. Else The Dollar, in relative terms, is going to lose value. The dollar is going down the gutter. Talk about inflation. The interest rate is going up because of the massive money printing economy. We are spending with all these stimulus programs etc., more than double of what we brought in. This is immoral and unconstitutional. The dollar will be toast when this is all through. This is planned destruction. The death of the US dollar as the world’s reserve currency will have a negative effect on the lives of most Americans. Unfortunately, 99% of the population has no clue about what lies ahead. The Dollar is on life support, if not already dead, drowned in fiat devaluation and debt. Pretty sure the Dollar was destroyed a while back. Gluttony, greed, and sloth, but mostly arrogance. It is paper and electrons now. The Fed's money-printing policy is destroying the Dollar. All currencies will collapse. We are the reserve, so we are the big domino that will crush everything else. Fiat money always goes back to zero. Almost six months after Goldman Sachs Group Inc. recommended shorting the dollar, it’ is now calling it quits on the trade. The Dollar tumbled after Goldman closed its short the US Dollar recommendation. Since early October, Goldman Sachs had recommended shorting the dollar against a basket of major commodity currencies. Why did the US Dollar fall after Goldman closes its short position? Shouldn't it have gone up? This is a bear trap. Goldman Sachs is also reportedly preparing to issue its first investment channels for Bitcoin and other crypto-assets by the second quarter of 2021. Goldman Sachs strategists marked to reality their bearish stance on the U.S. dollar as they ended a recommendation to bet against the world’s reserve currency in the face of surprising strength. It is a HUGE sign that the dollar is about to crater. Also the Dollar’s Share of Global Currency Reserves Hits Lowest Level in Over 25 Years. The dollar’s share of global currency reserves dropped significantly in the fourth quarter of 2020, falling to its lowest level in 25 years, according to recently released IMF data. Globally, the dollar now makes up just 54% of global currency reserves. The last time the greenback’s share was this low was in 1995. The drop in dollar reserves comes “amid questions about how long the dollar can maintain its status as the pre-eminent reserve currency. Here are four things that are going to destroy the Dollar. #1. Endless wars funded by the Federal Reserve are absorbing the resultant debt. #2. Presidents that encourage cheaper dollars in order to pump economic numbers for re-election purposes falsely. #3. A House of Representatives that ignores their fiscal duties and spends all their energies on attacking the other party. #4. A Federal Reserve that ignores its 2nd and 3rd mandates under which they are allowed to operate. a. Promoting an inflation rate that yields a 22% price increase in ten years (stable prices). And b. Ignoring their "promote moderate (not extreme) long term rates." Record lows are extreme by definition. It is estimated that 50% of the hard dollars in circulation are overseas. And remember, all the central bankers (and politicians) that root for inflation all have inflation-protected pensions awaiting them. Some Wall Street analysts and several banks forecast that the pandemic will accelerate these pre-extant tendencies. For a start, “it’s expected that the dollar will lose value, as the economy recovers.” However, Citi bank launched the provocative idea that “the dollar will decline 20 percent” next year alone. According to Deutsche Bank, when the vaccination is over the environment will be perfect for a rally in risky assets, a weaker dollar, and stronger growth-sensitive currencies through the end of the year. A weakening dollar will favor US exports but also contribute to the destabilization of the world economy. Investors ought to be ready soon to ditch the dollar and grab substantial gains from a currently overvalued currency and related overpriced assets. We’ve been watching this de-dollarization trend over the last several years and the push to minimize dollar exposure by countries like Russia and China and their desire to undermine the ability of the US to weaponize the dollar as a foreign policy tool. The dollar’s slowly shrinking share of reserves doesn’t yet threaten its status as the world’s reserve currency, but it could be a canary in the coal mine. It is definitely a trend to keep a close eye on. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to hit the like button, hit the subscribe button, and don't forget to also hit the notification bell. The international monetary system has collapsed three times in the past hundred years; in 1914, 1939, and 1971. Each collapse was followed by a period of tumult: war, civil unrest, or significant damage to the stability of the global economy. The American dollar has been the global reserve currency since the end of the Second World War. If the dollar falls, the entire international monetary system will fail with it. No other currency has the deep, liquid pools of assets needed to do the job. Optimists have always said, in essence, that there’s nothing to worry about. That confidence in the dollar will never truly be shaken, no matter how high our national debt or how dysfunctional our government. But in the last few years, the risks have become too big to ignore. While Washington is gridlocked and unable to make progress on our long-term problems, our biggest economic competitors. China, Russia, and the oil-producing nations of the Middle East are doing everything possible to end U.S. monetary hegemony. The potential results: Financial warfare. Deflation. Hyperinflation. Market collapse. Chaos. The fundamental problem is that money and wealth have become more and more detached. Money is transitory and ephemeral, and it may soon be worthless if central bankers and politicians continue on their current path. But true wealth is permanent and tangible, and it has real value worldwide. Everyday citizens who save and invest have become guinea pigs in the central bankers’ laboratory. The world’s major financial players. National governments, big banks, multilateral institutions will always muddle through by patching together new rules of the game. The real victims of the next crisis will be small investors who assumed that what worked for decades will keep working. Until 1971, the world was financially stable. Currencies were covered by gold. The real economy was imbalanced with the amount of money available. Then U.S. President Nixon needed money for the Vietnam War; he switched on the money printing machine, not least because OPEC had increased oil prices. This money then flooded the world. Banks came up with new investment models. They now wanted to make money not with goods but with money alone. This was the start of the financial industry of today. Credit cards and current accounts accelerated financial transactions. Former public responsibilities were privatized; pensions are a case in point; the private sector is better at everything than the state, so they said. New billions came into play. In the 1980s, Margaret Thatcher deregulated the banks in London. Bill Clinton did the same later on Wall Street. Money was to earn money and thereby create growth. The global casino was open for business. This path of liberalization was a mistake; it's also the wrong word - if you deregulate markets that need to be regulated, then you create chaos, you unleash an avalanche of money onto the world. You can call that liberalization, but it was a policy that benefited only a few people, namely the rich. It has caused a lot of problems for the world. The liberalization of deregulation allowed the deals of the banks to explode. They now acted internationally. Major banks have become investment establishments that fund huge deals. More and more money goes into speculation. That's where big money is made. This has less and less to do with the real economy. The money creation process also seems to be something of a mystery among academics and even in the banking boardrooms. The banks are silent for a reason; they would have to explain to their customers that these days, it's them creating the money and them benefiting hugely as a result. Money isn't neutral, after all. It's not the central banks but private banks that generate most of this new money. A process also known as deposit money creation. The money is created when someone goes to a bank to take out a loan. The bank opens an account and issues the funds. It's then in a contract with the individual who's taken out the loan. The bank hopes that the person will pay it back someday. That means that the original impulse to create money comes from private banks. Private banks basically create new money as they wish. That used to be the privilege of the mint of governments. It's a privilege to create money and, therefore, profits out of nothing. This privilege has been in the hands of the financial industry for a long time, and in recent years it's been unchecked. The U.S. Dollar is already down, and the US economic and political policy uncertainties are going to make it much, much worse. The end of the US Dollar signifies the renaissance of the US economy. Most likely to the detriment of the economies of the rest of the planet. But it will be after a very long pain for the population, and maybe even a civil war. That's why they arm police to the teeth with military hardware. It won't be done in 5 years. Far too many people put far too much stock into a reserve currency status. That was only ever a point about political power, not economic power. Obama started weaponizing the U.S. Dollar Reserve with Russian Sanctions. Then, Trump took that on steroids. Of course, the world will one day dump the Dollar. All it takes is competition. The Euro and Yuan are already classified as Reserve Currencies. Euro is scared of money, so they won't expand. The Yuan doesn't have dollar distribution around the world. But with a digital Yuan, that is no longer an issue. It will save money to defeat the Dollar. Australia trades in Yuan for iron ore and coal to China, saving 11% on every transaction over the U.S. Dollar. Be aware that the dangers of a weaponized reserve currency were discussed at Bretton Woods. But the U.S. was pretty much the only nation unscathed by WWII. So we delivered hard terms to the British. Everyone else was blown to bits. So the U.S. took full advantage.Goldman did a white paper on this and estimated the US could see its GDP shrink 30% if it loses its reserve currency dominance. China will introduce its digital Yuan allowing any nation to deal directly with China, avoiding any US Sanctions. Also, remember that the Chinese Banks are now the largest in the world, 40% larger than all the U.S. banks combined. So they can handle any level of transaction in any quantity. The rest of the world is dumping any and all dependence on US products. And the Dollar is next on the dump list. The root cause of the problem is spending and living beyond our means. Trillions wasted on wars for the deep state agenda. How exactly did this benefit the people who paid for it? The Dollar has been dead; in fact, it has lost 99% of its value. At this time, all I can see is the central banks dragging out the fiat systems for as long as they can. And they are quietly buying up gold on the cheap -as much as they can and for as long as they can. Once the dollar disintegrates, then the people will really get pissed off and then they will scramble for gold, but guess what, no physical will be available for purchase by then, or it will be outrageously expensive. It will take time, but the people will really have no choice. Since the dollar, in theory, at some point, will be worthless. And gold or silver unobtainable. The government will then have the people trapped and be able to force them into the central bank and government digital FED coin, which naturally will be unbacked. It's all about CONTROL. The end result is America’s trade policies have been instrumental in hastening the end of the dollar as the world’s reserve currency, ultimately leading to its destruction. That was all by design. Make sure you have supplies; gold, silver, guns, and ammo.It is going to be a rocky ride. And Get Ready For A World Currency. This was The Atlantis Report. Please Like. Share. Subscribe. And please take some time to subscribe to my backup channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends! The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

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“Control oil and you control nations; control food and you control the people.” Henry Kissinger


once a standing army is established, in any country, the people lose their liberty.”
George Mason

“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger

“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger

"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin

The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin

Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?

PHILIP ZIMMERMAN, DER SPIEGEL

“Some call it Communism, I call it Judaism.”

Rabbi Stephen Weiss

“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941

Taxing People is Punishing Success
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The Tax you pay is The Bill for Staying Stupid

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“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus

The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros

"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.

This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.

By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."

USA Banker's Magazine, August 25 1924


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Taxation is legalized Theft
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Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....

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"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich


There is NO political answer to a spiritual problem!
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The modern definition of racist is someone who is winning an argument with a liberal
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When People lose everything and have nothing left to lose , They Lose It !

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Your Greatest Teacher is Your Last Mistake
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The one who Controls the Education System , Controls Perception
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In The Left Nothing is Right & in The Right nothing is Left
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Freedom is not Free
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Don't Steal The Government Hates The Competition

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"Buy The Rumor , Sell The Fact " Peter Schiff


You can love your Country and not your Government

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" The Government Works for ME , I do not answer to them They Answer to ME "
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"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN