Debanking the Trump family was an existential error by the banking ayatollahs.
They underestimated so badly, not dreaming in a million years that their golden goose of using everyone elseās funds to manipulate global markets would end so suddenly and dramatically.
The part that many are missing is that once the big bank hegemony has gone, the entire federal reserve system will soon fall also, because the fuel that keeps that machine going will have been replaced.
That sucking sound you hear is a collective sphincter tightening in Manhattan as reality sets in.
Trump is preventing a financial collapse by forcing competition within the financial system and they canāt compete, they are desperately trying to stay relevant but have lost full control.
They debanked the Trump family and used the excuse of āpolitical pressureā even though they control the politicians.
Now they get to pay the consequences of those actions and are FORCED to help create their replacement.
Very encouraging, Joe. Thank you for this great information.
Is there a possibility that this new system could one day be exploited by people who want to control us again? Programmable money scares me, as I know the people who run the world want it, so they can turn it off if someone steps out of line. Much like the dreadful kill-switches regulation that they must be installed in all new cars. They've been pushing that through Congress on a bipartisan basis. That needs to be repealed and fast.
In any case, do you see any downside or future opportunity for exploitation with this new financial system?
Choo chooā¦it appears this is a train we will all have to get on. So hard to trust. And Iām sure that sounds silly knowing what I know now about how I have ātrustedā the banking system all these years.
Will we be charged for fees somehow? I remember when I didnāt get charged for ATM use in the beginning. Hahahahaha! Thanks, Joe. š
IDK, Joe. Seems to me that the price of retail goods won't be coming down soon, but retailers will be making more money by not having to pay billions in fees. The average citizen will still have to pay retail prices and state and local taxes. If anything the cost of a can of soup might get reduced by a penny, but not by a large percentage. Plus, what happens to all of the stablecoins if an when the electricity goes out? Cannot access stablecoins when computers won't work.
I still like the idea of having real dollar bills in my pocket, not a bunch of 1's and 0's on a smartphone.
I know stablecoins are confusing for a lot of people, so Iām trying to get out as much information as possible, to help people better understand whatās happening.
Great post Joe, I haven't dived into stable coins so this is a good overview. I know the current SWIFT system and how corrupt it is. Thanks for the awesome information...
VISA, AMEX, MC have always been part of the cabal. This will squeeze them out. Bitcoin has always been a DARPA tool. Used for bribes, human trafficking payments. It will head to intrinsic value=0.
āā¦stablecoins represent a threat to traditional banking.ā We wouldnāt have this level of understanding without your patient teaching! Thank you, Joe, for sharing your God-given gift with we non-experts in the financial industry!
I have a dollar in my wallet ( stablecoin token ) and when I need more $, I pull out my credit card ( stablecoin computer x's & o's ) if I understand your description. This requires controlled printing of $ ( tokens ) and transaction monitoring ( computer control? VS bank control? ). No system is without some form of " control " - except anarchy. So - will it be AI or Govt or private entity? Devil is in the details, control of " money " is power personified!
Debanking the Trump family was an existential error by the banking ayatollahs.
They underestimated so badly, not dreaming in a million years that their golden goose of using everyone elseās funds to manipulate global markets would end so suddenly and dramatically.
The part that many are missing is that once the big bank hegemony has gone, the entire federal reserve system will soon fall also, because the fuel that keeps that machine going will have been replaced.
That sucking sound you hear is a collective sphincter tightening in Manhattan as reality sets in.
You are exactly right my friend!
Trump is preventing a financial collapse by forcing competition within the financial system and they canāt compete, they are desperately trying to stay relevant but have lost full control.
They debanked the Trump family and used the excuse of āpolitical pressureā even though they control the politicians.
Now they get to pay the consequences of those actions and are FORCED to help create their replacement.
Itās beautiful to witness.
Very encouraging, Joe. Thank you for this great information.
Is there a possibility that this new system could one day be exploited by people who want to control us again? Programmable money scares me, as I know the people who run the world want it, so they can turn it off if someone steps out of line. Much like the dreadful kill-switches regulation that they must be installed in all new cars. They've been pushing that through Congress on a bipartisan basis. That needs to be repealed and fast.
In any case, do you see any downside or future opportunity for exploitation with this new financial system?
Thank you for all your wonderful work!!!
What you describe is a lot of what the panic pushers were telling us years back about a ācentral bank digital currency.ā
The central bankers are no longer in control.
This new system is ādecentralizedā which makes things transparent and removes middleman control of financial transactions.
You control your money.
You are going to have control of your account.
This is why the new system is being built and implemented, in order to PREVENT a third party from controlling your money.
Plus, there are lots of ālegalā safeguards, that are going to be put in place, in order to protect the American people and their money.
Remember, this is Trumpās plan being implemented, not the enemyās.
That's very reassuring. Thank you, Joe!
Choo chooā¦it appears this is a train we will all have to get on. So hard to trust. And Iām sure that sounds silly knowing what I know now about how I have ātrustedā the banking system all these years.
Will we be charged for fees somehow? I remember when I didnāt get charged for ATM use in the beginning. Hahahahaha! Thanks, Joe. š
The difference this time, is the decentralized aspect of the system and the ācompetitionā thatās coming.
So many DeFi companies to compete with banks for financial transactions and services.
When companies have to compete for customers, customers win.
And the key, will be safeguards to prevent another banking monopoly and centralized system.
IDK, Joe. Seems to me that the price of retail goods won't be coming down soon, but retailers will be making more money by not having to pay billions in fees. The average citizen will still have to pay retail prices and state and local taxes. If anything the cost of a can of soup might get reduced by a penny, but not by a large percentage. Plus, what happens to all of the stablecoins if an when the electricity goes out? Cannot access stablecoins when computers won't work.
I still like the idea of having real dollar bills in my pocket, not a bunch of 1's and 0's on a smartphone.
There is still going to be cash.
The only thing that is changing, is the banks no longer control the entire financial system.
It is decentralized and the people are back in control of their money.
And inflation is a completely different topic and one that Trump is already dealing with.
How do we know?
Because government spending has massively increased under Trump, but inflation is going down for the most part.
How does that happen?
A massive increase in oil supply, massive investments from foreign corporations and countries, along with tariffs.
Etc.
We are only at the very beginning of whatās coming.
Joe thanks so much. Your explanations regarding stable coins are exquisite. Please keep up the great work.
Thank you so much Wesley.
I know stablecoins are confusing for a lot of people, so Iām trying to get out as much information as possible, to help people better understand whatās happening.
Thanks, Joe.At least now.I know it stable coins are.
Blessings Terry.
Itās more of a āsystem,ā that is decentralized and a stablecoin is just the digital dollar used for transactions within the new system.
weāll see
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Great post Joe, I haven't dived into stable coins so this is a good overview. I know the current SWIFT system and how corrupt it is. Thanks for the awesome information...
VISA, AMEX, MC have always been part of the cabal. This will squeeze them out. Bitcoin has always been a DARPA tool. Used for bribes, human trafficking payments. It will head to intrinsic value=0.
Thanks Joe!
These banks are the sources of our problems and troubles.
āā¦stablecoins represent a threat to traditional banking.ā We wouldnāt have this level of understanding without your patient teaching! Thank you, Joe, for sharing your God-given gift with we non-experts in the financial industry!
I have a dollar in my wallet ( stablecoin token ) and when I need more $, I pull out my credit card ( stablecoin computer x's & o's ) if I understand your description. This requires controlled printing of $ ( tokens ) and transaction monitoring ( computer control? VS bank control? ). No system is without some form of " control " - except anarchy. So - will it be AI or Govt or private entity? Devil is in the details, control of " money " is power personified!
They most certainly are the key!