Say No To Usury Currency!

Or fiat currency with interest bearing Babylonian money magic.

When Currencies Collide

Are you being used?

We are in the midst of a currency war. Historically fiat currencies only last for a number of decades. Fiat currencies are currencies based on debt. When you take out a loan or a mortgage, credit (not really money) is created by the debt. The credit created does not include the interest that must be paid on the loan. This neat trick is termed Babylonian Money Magic.

“Gold is money, everything else is credit.” -JP Morgan.

BRICS+ nations are now beginning to trade with each other in their own currencies. This is a de facto rejection of the world reserve currency, currently the US Dollar. Nations are selling US treasuries because they see how they will be punished by the dollar authorities if they don’t fall in line. Russia is their prime example. They don’t like being used. They are starting to figure out how the debt-game is rigged against them.

The dollar is nearing the end of its reign as the preferred world currency. Since going off the gold standard under Nixon in 1971, the dollar has been a purely fiat currency. Enter Henry Kissinger for the next trick, to make it such that all nations had to use dollars to buy oil from Middle East oil producing nations; that gimmick was termed the petrodollar. That gave the US the privilege of exporting dollars and inflation to the rest of the oil consuming world. Nice deal for US citizens, who in exchange became a nation of consumers due to the resulting strong dollar.

The latest move in this currency war is the threat by President elect Donald Trump to raise tariffs to 100% on nations that join in on the dollar-rejection party. So how is this likely to work? Will the nations in question abandon plans to reject the dollar, or will they just trade with other non-US dollar trading partners? If a trading partner rejects the dollar but trades with the US in spite of the tariffs, how will that affect price inflation here at home? Will these nations find other ways around the US tariffs? I don’t think anyone knows with the possible exception of Jim Rickards or Martin Armstrong. Martin Armstrong thinks the Trump tariffs can send the world into a depression. If Martin is correct, Trump will get the blame. Not an enviable position for Trump.

Clif High has been using his Web Bot invention to make forecasts into the future. Clif gathers what amounts to the changing language from the internet and he assigns emotional values to the new words being used. He used to release what he called ALTA or "asymmetric language trend analysis" reports monthly with a ~30 page summary of what his work was projecting. I became a Bitcoin investor after learning about Clif and watching his YouTube videos where he projected prices for Bitcoin and also for silver. Many of his projections were quite prescient along the way, however some projections were off with regard to timing. His predictions for $600 an ounce silver has yet to manifest. However he does see a time when silver will become what he terms “unobtanium;” meaning a scarce silver supply with many buyers scrambling to buy any ounces they can find. Russia recently announced it will acquire silver as a reserve asset. My guess is that other nations will follow suit. Mexico, the world’s largest silver-producing country, has stopped exporting silver. This decision may have significant implications for the global silver market. Not investment advice, but if you decide you want to invest in silver, you may want to get in ahead of silver becoming unobtanium.

Long standing in Clif’s data was a prediction for a holiday season when there would be $100k Bitcoin parties. With Bitcoin’s recent and rapid rise to around $96k today, it seems that this season’s New Year’s parties may include the BTC parties that showed up years ago in Clif’s data. Clif High’s ALTA reports can be downloaded here for free in two zip files for anyone interested reading. And his other work can be found by clicking this link.

Clif now posts most of his work on Substack. A recent video he posted is titled “Trump Fucks Up.” In it he describes three “offers.” These offers are related to fixing the global reserve fiat currency, the dollar. I remember reading about this in one of his ALTA reports, don’t recall which one. But Clif talks about indications that we are getting close to these offers being tendered to the world’s population. Clif expects all three of these offers to fix the dollar will be rejected, as was predicted in his ALTA report.

If Clif is correct, and I suspect he is, what we will be rejecting are attempts to introduce more Babylonian Money Magic with its associated usury interest. Anyone who understands how central banks use money creation with associated usury interest against us to enrich themselves will reject another plan to enslave us with more of their currency deceits. It is this money creation via debt instruments owed to the Federal Reserve that enables the US to fund the wars nobody wants their children to die or get maimed in. These wars are favored by the corporations and their share holders that benefit from holding their dividend paying stocks and interest bearing bonds. Think in terms of arms and weapons manufacturers. Your children die while the investors get rich. All the while your tax dollars go to the funding the ever increasing debt, as well as the taxes to be collected from your children and their children and their children’s children. If you haven’t figured it out by now, all wars are bankers' wars.

Fiat currency is not money. Historically money has been primarily gold and silver. Gold and silver has to be mined, refined and minted into coins and bars to be useful as money. Coins are minted in various denominations so as to be easily exchangeable (fungible) for goods and services. Fiat as we use it today is the Federal Reserve Note. Federal Reserve Notes or FRNs are created by loans and owed (debt) to the Federal Reserve Bank. As long as we have faith in the dollar and the government, fiat has value. And fiat has been made extremely convenient to use since the introduction of credit cards and debit cards. Some people believe that faith in the dollar will never fail. History tells us otherwise.

It is well understood by anyone paying attention that the US government debt is already unpayable, yet it continues to grow by leaps and bounds, spinning out of control. This fact condemns our children to a lifelong experience of debt servitude.

What happens when faith is lost in the government and its central bank responsible for managing the currency? What happens when we believe our paychecks will be worth less tomorrow than they are worth today? There is historical precedence for what happens. Research the Weimar Republic and its hyperinflationary event. When faith is lost in the currency, people rush out to spend their currency on whatever they can buy before the currency inflates higher, meaning they will get less with it tomorrow than they can get for it today. We aren’t there yet, but we are starting to see the signs of change.

Michael Saylor of MicroStrategy is on a Bitcoin buying binge. Even at these high prices for Bitcoin, he intends to keep buying month after month. In a filing with the SEC, MicroStrategy said it spent $5.4 billion to acquire bitcoins between Nov. 18 and Nov. 24, buying Bitcoin at an average price of $97,862. Apparently he and MicroStrategy investors believe they know what is ahead for the dollar. His strategy is to continue loading up on Bitcoin.

Warren Buffet has been dumping his shares in Bank of America and Apple, loading up on cash. Jim Shanahan, an analyst at Edward Jones in St. Louis, said the swelling cash hoard "begs questions about whether Buffett thinks stocks are overvalued or an economic downturn is coming, or is trying to build cash for a big acquisition." It is unknown what Warren plans to do with the cash hoard now. If I had to bet, I would bet on Warren loading up on commodities. He won’t be investing in BTC which he has termed '“rat poison squared.” So my guess is he will be buying gold, silver and mining companies as quietly as he can. Or he may sit on his cash pile till certain equities come back to more modest valuations. We will see whether Warren or Michael are correct with their strategies. Any bets?

A recent article on Zerohedge predicts Bitcoin will reach $1.5 million each by 2044. In contrast Warren expects rat poison squared to reach zero. But according to Clif, long before 2044 we will have a come-to-Jesus moment for the dollar. Three offers to fix the dollar will be made, all three offers rejected. Then what? If we have the temerity to reject more offers of Babylonian Money Magic, there must be something else we can turn to. In fact there is. And it is already patented. The patent holder is Reggie Middleton and the technology is peer to peer capital markets in his invention Veritaseum or VERI.

The idea of Veritaseum is to eliminate middlemen or banks from our currency or capital market transactions. This removes the yoke of debt slavery from around our necks when buying, selling and trading with each other.

The banks and their guardian the SEC are well aware of the threat that Reggie’s technology and patents pose to their money magic system. If we choose to go with DeFi technology and eliminate the need for central banks and their curse of fiat debt slavery, they lose power. The power they have held over us since the Federal Reserve Act of 1913. The Federal Reserve Act goes contrary to what is spelled out in the Constitution.

The Seven Money Clauses

1. Congress shall have power to borrow money on the credit of the United States. ~ Art. I, sec. 8, cl. 2.

2. Congress shall have power to coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures. ~ Art. I, sec. 8, cl. 5.

3. Congress shall have power to provide for the punishment of counterfeiting the securities and current coin of the United States. ~ Art. I, sec. 8, cl. 6.

4. No money shall be drawn from the Treasury, but in consequence of appropriations made by law. ~ Art. I, sec. 9, cl. 7.

5. The migration or importation of such persons as any of the states now existing shall think proper to admit, shall not be prohibited by the Congress prior to the year one thousand eight hundred and eight, but a tax or duty may be imposed on such importation, not exceeding ten dollars for each person. ~ Art. I, sec. 9, cl. 1.

6. No state shall coin money, emit bills of credit, or make any thing but gold and silver coin a tender in payment of debts. ~ Art. I, sec. 10, cl. 1.

7. In suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved. ~ Amdt. VII.

The Constitution’s Five Monetary Rules

Read in conjunction with the Ninth and Tenth Amendments, and the obligation-of-contracts clause (Art. I, sec. 10, cl. 1), we can identify five monetary policies that are constitutionally requisite in the United States:

1. The basic unit is the dollar, a silver coin containing 371.25 grains of pure silver.

2. Only gold or silver coins and currency (specie-backed banknotes) can be legal tender.

3. No state may issue coins or currency.

4. No one may counterfeit U.S. Government-issued coins or currency.

5. Neither the states nor Congress may issue fiat money notes (‘bills of credit’).

Clause number 5 prohibits the issuance of fiat credit by the states or by Congress. Yet the Federal Reserve Act did just that by illegally passing Congress’s authority to the Federal Reserve (a private bank) to do just that.

So to prevent the threat to the Federal Reserve Bank’s and their owner’s power, the SEC entered into a RICO war against Reggie and his now patented Veritaseum technology. The details of what the SEC did to Reggie are outlined here.

Suffice it to say that Reggie is a man of high integrity who has been working hard to free society from the criminal cabal of centralized bankers. Reggie has engineered a way for us to trade with each other sans fiat debt instruments. At some point we will have to make a choice. Will we choose to accept another bankster’s fiat deceit, or will we choose a debt free currency that benefits people instead of benefiting bankers and their crony corporations?