{"id":8,"date":"2024-09-30T21:45:57","date_gmt":"2024-09-30T21:45:57","guid":{"rendered":"https:\/\/matilda-macelroy.com\/wp63\/?p=8"},"modified":"2025-01-25T12:53:32","modified_gmt":"2025-01-25T12:53:32","slug":"all-that-is","status":"publish","type":"post","link":"https:\/\/matilda-macelroy.com\/wp63\/blog\/2024\/09\/30\/all-that-is\/","title":{"rendered":"All that is."},"content":{"rendered":"\n

Fed bankrupt<\/a>\/why? Please click on the video link for the original.<\/h3>\n\n\n\n

Index please click on link?<\/a><\/p>\n\n\n\n

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0:32 \/ 23:42
30 Seconds To Midnight: THE FED JUST WENT BANKRUPT | Mike Maloney<\/p>\n\n\n\n

GoldSilver (w\/ Mike Maloney)
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They The Fed cannot create currency out of thin air that does not happen it never happens. What they do is they create currency by buying something and that’s something that they have to buy according to the Federal Reserve Act is US treasuries.<\/strong><\/p>\n\n\n\n

90,915 views 1 Oct 2024<\/p>\n\n\n\n

Thanks for supporting this channel by making http:\/\/www.GoldSilver.com your precious metals dealer. In this eye-opening video, Mike Maloney dives deep into the impending financial crisis and reveals that the Fed is genuinely bankrupt. Since 2022, the Fed has been writing IOUs to the U.S. Treasury, all while paying out billions in interest to the biggest banks and it is all coming out of YOUR pocket. Learn how the 2008 economic changes set this crisis in motion, why the Fed is now stuck in a “death spiral,” and what this means for the global financial system.<\/h6>\n\n\n\n

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Buy Precious Metals at: https:\/\/www.goldsilver.com<\/p>\n\n\n\n

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Subscribe to our channel: https:\/\/www.youtube.com\/c\/goldsilver?\u2026<\/p>\n\n\n\n

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Check out our sister channel Wealthion @Wealthion featuring regular guests such as Jim Rickards, Rick Rule, Stephanie Pomboy, Lance Roberts, John Hathaway, Alisdair McLeod, Simon Hunt, John Rubino, Jim Rogers, Marc Faber and more.<\/p>\n\n\n\n

As always, thank you for your support. M.<\/p>\n\n\n\n


Transcript of the video.<\/h3>\n\n\n\n

I believe time is running out that it is just 30 seconds before midnight and the greatest financial crisis in history is just around the corner. In this video I’m going to show you why it’s going to be the greatest financial crisis in history the Federal Reserve is bankrupt they went bankrupt in September of 2022 and they’ve been running on fumes ever since.
But they no longer make a profit and since September 2022 they are so bankrupt that they have been writing IUS to the US Treasury.<\/p>\n\n\n\n

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Now I’m going to show you the mechanics behind this so that everybody understands it and explain that everything changed with Bernanke economics in 2008 the monetary system in the United States and uh you know uh a whole bunch of other central banks around the world did the same thing the quantitative easing.
This fundamentally changed the monetary system I call it Bernanke economics’ and this is the reason that the next Crisis is going to be the greatest crisis in history.<\/p>\n\n\n\n

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So in this there there’s four charts here and I’ve got these charts animated and they’re all synchronized so they’re on the same timeline and you’re going to see this go throughout time uh and it starts in 2005 just so you can see that the federal the the member banks of the Federal Reserve System never needed any more than 40 to 50 billion of Bank Reserves for everything to operate smoothly in fact they still don’t they could probably get by with 40 to 50 maybe 60 billion in Bank Reserves and everything would still run smoothly.
Now I have to explain real quick that Bank Reserves are one of the three forms of US dollars that exist uh there are two forms of Base currency. Base currency is what the Federal Reserve creates one for the the primary form is Federal Reserve notes currency in circulation the paper dollars they’re that are in our wallets that you can go to the bank and withdraw if you want and stick in your wallet and that’s the currency that we are familiar with that that the Federal Reserve creates. The other currency the Federal Reserve creates we’ve never seen its Bank Reserves it only exists in checking accounts at the Federal Reserve that all of the member branches have with the Federal Reserve and at the end of every day all of the member banks uh do settlement they pay each other they borrow they lend to each other at the end of every day through those checking accounts that are at special at the Federal Reserve.
But the point is that these are a special dollar that does not ever get out into circulation you’ve never seen one you’ve never used one it doesn’t exist in your checking account.
I’ve never seen one so that is a separate monetary system that exists only between the banks and the Federal Reserve.<\/p>\n\n\n\n

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Uh this chart over here is interest on reserves you’ll notice that it’s at zero why because the reserves uh the banks didn’t want any more than they needed it was considered a liability because it didn’t pay interest and so up until 2008 this will stay at zero.
Now in the Federal Reserve System in the Federal Reserve Act of 1913 it states that the Federal Reserve can only buy uh assets through the open market and they are restricted to assets that are guaranteed as to the principle and the interest by the US government you the taxpayer it’s got to be guaranteed by you and that meant until 2008 exclusively us treasuries.
Now in the Federal Reserve Act it also states that since they’re buying the Federal Reserve is buying us treasuries the Federal Reserve makes a profit there’s interest paid on those treasuries uh at the end of every week.<\/p>\n\n\n\n

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The Federal Reserve is supposed to pay their member banks the 6% dividend, all the banks of the Federal Reserve System are members of the system and they have to buy stock stock in the Federal Reserve when they join the Federal Reserve System and uh the Federal Reserve is supposed to pay them their 6% dividend that’s in the Federal Reserve Act and then they deduct their own expenses the federal reserve’s expenses and then they pay whatever is left over to the treasury. So they don’t get to keep that profit they pay it to the US Treasury.
Now what that does is the US Treasury adds it to the general fund it pays down the general fund uh the so it pays it it offsets the deficits that we are running just a little bit.<\/p>\n\n\n\n

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So if they don’t receive those payments then the treasury has to issue more bills bonds and notes treasuries uh to make up for the difference.
Now what no other uh newsletter writer commentator or Economist that I know of has done is you know I had my researchers Alan Hibbard uh created this chart down here all of this is data that is downloaded from the Federal Reserve but nobody has taken the Bank Reserves times the interest on the reserves and calculated how many dollars have been paid to the banks of those primary dealers the largest brokerage houses on Earth.
They all have a corresponding Bank the bank has a uh a an account at the Federal Reserve.
The Brokerage house does not the Federal Reserve can’t actually pay The Brokerage house directly you’re going to see the mechanics of that in the in a moment so let’s fire up this chart and you’re going to see time go by and you’ll notice that they don’t need any more than4 to 50 billion 2006 2007 . Along Comes the financial crisis of 2008 and Bernaki banks starts doing quantitative easing. Now in quantitative easing he’s trying to inject currency that is created by the Federal Reserve directly into the economy and uh to do that he’s buying massive quantities of us treasuries and with the nationalization of Fanny May and Freddy Mack just before the crisis of 2008 as though they they had anticipated this Mortgage back Securities but this those products are purchased from the brokerage houses and they can’t actually pay the brokerage houses they have to pay the brokerage house.<\/p>\n\n\n\n

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Bank they’re separate entities a bank cannot be a primary dealer but all primary dealers have a bank and so that gets paid that gets paid into the bank reserves but to keep those Bank Reserves from uh causing problems in the economy.
Bank Reserves they don’t come out into the general economy but they can cause inflation through other processes there are things that the banks can do with them so to keep the banks from using them in a method that would cause massive inflation Bernanke decided for the first time in history that we’re going to pay interest on those reserves and there were unforeseen consequences.
That has led the Federal Reserve now in a trap and you’re going to see uh that they are bankrupt and it is because of this idea because of Bernaki economics and the walls are closing in and the Jerome Powell and the Federal Reserve are in that trap but so are you and I .
And then uh but nobody has calculated if you take this the Bank Reserves times the interest rate you can calculate this it’s all based off of Federal Reserve numbers and so you can calculate the the free currency that Rains Down on banks you know as we increase the amount of reserves QE uh it’s it’s raining fore currency but then when we raise interest rates it is a deluge that just falls on those Banks of free currency and you’ll see here in the upcoming uh videos on this.
That uh as this is given to the banks there’s less left over to give to the treasury meaning that it’s coming out of your pocket because it’s not reducing the deficits so this data starts in 2011 Now I’ve got to digress a little bit uh in November of uh of 2002 Bernanke gave a speech that really changed the world uh it was called deflation making sure it doesn’t happen here and in there he laid out a complete road map of all the things that he could do if we have a crisis and we reach What’s called the zero bound if we take interest rates down to zero.
You can’t take them very negative because people will just take cash out of the bank and put it in a safe uh so uh deflation making sure it doesn’t happen here was a road map to the Future everything that I did with I discovered it in about uh 2005 but what’s interesting is in October one month before this speech was when I first started buying gold getting ready for what I saw coming because of this speech. I knew what was going to happen in 2008 I was warning people of that there was uh the one of the greatest crises in history coming at us that it was not just going to be a stock market crash like back in 20012 2002.
That it was also going to be a a huge real estate crash a crisis and that is exactly what happened uh so here are the mechanics of it. This is the system used for quantitative easing and regular old open market operations. Quantitative easing is just a name for open market operations on steroids it’s it’s huge but um the Federal Reserve is going to inject currency directly into the economy uh by purchasing bonds from the primary dealers.
There’s 18 to 30 of these primary dealers at any given time and they if they buy a billion dollars worth of bonds from JP Morgan or um uh Bank of America Securities you know be a Securities uh at the same time what they do is they create the currency to pay for those they type a billion dollars of Federal Reserve IUS into existence and they pay the bank.
But this Bank you’ve got to imagine the bank as though it has you know here’s the front of the bank here’s the back of the bank there’s a wall in the middle in the front of the bank you or I can walk in we get to use those paper dollar we get to use Bank credit uh we can write a check we can withdraw currency we can take out a loan which creates the currency and then write a check to somebody else but when that currency is created that is all.
Bank credit it wasn’t created by the Federal Reserve the banks actually do create that it’s the vast majority of the currency Supply more than 90% of it. But in this case the Federal Reserve is buying a billion dollar Bond but they can’t pay uh the primary dealer directly because the primary dealer cannot have a checking account at the the Federal Reserve only the member banks of the Federal Reserve System can have a checking account and this is where that wall in the bank comes in.
You use the front of the bank the bank and the Federal Reserve the back of the bank there’s all the banks paying each other borrowing from each other lending to each other at the end of every day and they do that through these Accounts at the Federal Reserve.
But when the the Federal Reserve buys that billion dollars worth of bonds they type a billion dollars worth of fed IUS uh Bank Reserves into existence and they pay the reserve account of that primary dealer’s bank with the instructions that if I give you a billion dollars of Bank Reserves I want you to create a billion dollars worth of bank credit so whenever they do quantitative easing every dollar creates $2 a dollar of Federal Reserve uh of of Bank Reserves and a dollar of Bank IUS Bank credit that is credited to the primary dealer’s account and then the primary dealer is Happy it got paid for that billion dollars worth of bonds so that is the mechanics of it.
But the point is uh this causes all of this currency to build these Bank Reserves to build up there’s that wall there they pile up in front of that wall. It all gets paid out and so the primary dealers have it then uh they pay for the bonds that they sold into the market and it’s now in the financial markets causing the when. The when a primary dealer when Goldman Sachs or JP Morgan or uh B OFA Securities uh UBS whichever the primary dealer is when they get that billion dollars it goes directly into the financial markets and it lifts the stock that’s how the economy was being stimulated directly and it’s the first time in history that they’ve done this. If you want to learn more about this and you should go to ggsrp4 chapters what you’re interested in is chapter 4 scene of the crime so you want to download that or you can just read it online. Give a man a gun and he can rob a bank but give a man a bank and he can rob the world and this is the mechanics of this are all explained in part two.
I USA in anticipation of taxation of the population of the nation uh part three shows the 200 billion dollar gift you never intended to give well guess what and reserves are not required there’s no more required reserves um that 200 billion when I wrote the book is now half a trillion dollars so let’s get back to that animated chart and now that you understand that these reserves when they get paid to the banks hit that brick wall that’s in the bank and they just pile up<\/p>\n\n\n\n

But to keep them from getting out and causing inflation through other I I don’t know all of the processes that go on uh but uh the banks can uh use these for certain things and it can cause inflation so Benaki decides well if we pay them interest on reserves then uh it won’t leak out it’ll stay in there because it’s in the bank’s best interest to collect that interest but that interest is actually coming from you and me and I’m going to show you that uh process uh and the payments to the treasury this will start in 2011.
But here is the interest being paid to the banks and it’s calculated like I said this times this gives you that it’s pretty simple uh and you’re going to watch this just explode at certain . So here we go 2010 uh we’ve got QE 1 2 and three and then the payments to the treasury come in and you can see 15 16 17 18 billion 20 20 22 24 25 26 27 28 29 30 and then interest rates start going up 40 50 60 70 80 90 100 billion 120 billion 140 billion and it keeps on going up.
Then interest rates fall because of covid when when the pandemic happened Jerome Powell panicked and he created as much as Benaki had created in qe1 2 and three in almost no time at all and it at about $4.2 trillion but um what you see here is as they were creating all of this uh the they Benaki created a bunch of it then reserves start to shrink which means if it’s those reserves times uh 0.2% interest um it was currency raining on the banks but it wasn’t a deluge yet but that currency this currency that went to the banks did not go to the treasury it did not help pay down the deficit and so you get stuck with the bill. So during this whole time everything that was here means that uh going all the way back to 2008 going back to here I wish I had Data before 2008 on the payments to the treasury because what you would see is this would be every week this would have been higher the difference was stolen en by Bernanke and given to the biggest banks on Earth.<\/p>\n\n\n\n

So uh now we’re going to take a look at what happens when uh the pandemic happened um uh interest rates were dropped to zero so the impact that was was it was having on us was not that much but then with all of this currency it you know it is now I believe down around $3.2 trillion we’ll we’ll see at the end of this chart because this was updated just last month for my appearance at Limitless in Dallas and um at the end of August and so all of this data uh was accurate uh brought up to date.
When I wrote my book the charts in 2002 uh interest rates were only up uh like I don’t know where they were but you you’ll see in a minute uh but they were still fairly low they had not gone up to 5 a qu% yet but in March of 2022 that’s where this starts Powell started raising rates at the fastest Pace in IND in history and here we go.
So there he’s raising the rates 4% 5% you can see this explode 450 uh now this looks like it leveled off that’s just an anomaly in the chart it didn’t but when you take this over $3 trillion it’s at 3 .3 almost 3.4 uh trillion right now so when you take this over $3 trillion times uh 5.4% interest uh the amount being paid to the banks uh went it just exploded from you know 150 billion roughly uh to where we’re up at uh 483 billion and if I updated this to today it would be right about at half a billion maybe a little more maybe a little less but pretty darn close to 500 billion.
H I’m sorry not half a billion half a trillion dollars 500 billion and you can see those original payments to the treasury that you used to be able to see because the scale of this had to change so drastically they’ve gone down to where you can barely even see, it because we’ve change this scale but these are the IUS being written to the treasury the federal Reserve went bankrupt right there broke and they owed the treasury almost $200 billion.
But what came out of the difference between you know if I had this data going back further you’d see that the the difference of the average that was being paid to the treasury once they started doing these payments in 2008 uh on this uh this interest on those reserves that difference is all of this that comes out of this part of the timeline and it only goes negative in um in September of 2022 . So that’s like about here so this uh this 200 billion is um well it would be uh 480 down to about 280 so everything from there up is stuff that was paid to the banks but was actually owed to the treasury but all of this was owed to the treasury and paid to the banks instead and since the treasury has to issue more uh us treasuries to cover these payments that were not made to the Treasury under the Federal Reserve Act.
It means that you have to make up the difference in the taxes that you pay in the future the treasury has to borrow more currency for the government to get Bond so this the man that won the Nobel prize in economics has crashed the global economy. We just haven’t seen the crash yet it’s still out there in the future but the Federal Reserve is bankrupt and they’re in a trap and the trap is that they can’t borrow.
You know people go well how in the Federal Reserve be get bankrupt they can just create currency out of thin air no they can’t they cannot create currency out of thin air that does not happen it never happens what they do is they create currency by buying something and that’s something that they have to buy according to the Federal Reserve Act is us treasuries and now mortgage back Securities but those things pay interest and uh when they uh have those to buy those they have to increase this the Bank Reserves and so every time that they try to raise interest rates back up this is going to go more and more and more negative this is a trap that they cannot get out of that Ben Bernan set and I believe that this is a death spiral I don’t see any mathematical way that this can work out.
It’s it’s it’s something that is we’re seeing right now the precursor to the end game and this little red Spike right here is the evidence that the end game has begun and guess what the B biggest banks on Earth are the recipients all on your dime.<\/p>\n\n\n\n

I want to thank you for watching this and we will see you next time<\/p>\n\n\n\n

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Robbers?<\/p>\n\n\n\n

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In 1998, trillions of dollars started to get sucked out of the U.S. government by the central banks. Our retirement funds have been looted and will within just a few years be nonexistent.<\/p>\n\n\n\n

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Historically, U.S. intelligence agencies have primarily worked on behalf of the central bankers. Central bankers are now putting into place a system that will allow them to extract tax without representation.<\/p>\n\n\n\n

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The central bankers, most of whom are technocrats, have created a breakaway society, a parallel society, in which they are above all law and control everything.
To combat their control system, we must first be able to see it for what it is, and realize how it\u2019s being used by us, to our own detriment.<\/p>\n\n\n\n

The \u201cPlanet Lockdown Part 2\u201d interview above features finance guru Catherine Austin Fitts, founder of the Solari Report. (To get a taste of what you\u2019ll find in the Solaris Report, you can download this previous 2020 issue.) You many think you previously saw this but most likely it was Part 1.<\/p>\n\n\n\n

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Fitts has spent decades exposing corruption and fraud, both within the banking industry and government, and corruption and fraud are driving forces in the COVID pandemic as well. She got her start on Wall Street, where she had a successful career for over a decade.<\/p>\n\n\n\n

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In 1989, she became the assistant secretary of Housing and Urban Development under the Bush administration.
After 18 months, she resigned, but while there, she discovered how technology could make the financing of neighborhoods more productive.<\/p>\n\n\n\n

\u201cGovernment money was destroying neighborhoods, not helping them,\u201d she says, but private entrepreneurs could take this new technology and finance privately. To that end, Fitts started an investment bank and broker dealer named Hamilton Securities Group.<\/p>\n\n\n\n

A couple of years later, they were hired by the federal housing administration to be the lead financial adviser, which gave Fitts access to \u201cincredibly rich databases about how the real estate, land and a lot of the mortgage financing and home building works in America’s 3,100 counties.\u201d Fitts continues:<\/p>\n\n\n\n

\u201cThen I entered a period where I litigated with the federal government for 11 years. The Department of Justice seized all the databases and all the software tools, and I litigated with the federal government.
That’s [what] forced me to really dive into how the control systems were working.<\/p>\n\n\n\n

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Deputy Director at the Vaccine Research Center at the National Institutes of Health, Dr. Barney Graham, speaks with President Donald Trump during a tour of the Viral Pathogenesis Laboratory at the National Institutes of Health, Tuesday, March 3, 2020, in Bethesda, Md. (AP Photo\/Evan Vucci)<\/figcaption><\/figure>\n\n\n\n

When I was in Wall Street, I saw how the financial control systems worked, but since so much is rigged through the central bank and through government, it gave me a chance to really see how government worked on the covert side, and how that related to Wall Street and Washington.\u201d<\/p>\n\n\n\n

Our Retirement Funds Have Been Looted.<\/h4>\n\n\n\n
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In 1998, trillions of dollars started to get sucked out of the U.S. government, Fitts says. In essence, it was \u201ca coup d’\u00e9tat by financial means.\u201d She realized then the extent to which our government was
siphoning \u2014 stealing \u2014 the money. \u201cThey were stealing everybody’s retirement,\u201d Fitts says.<\/p>\n\n\n\n

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\u201cEverybody’s going to retire in 20 or 30 years, but they were going to steal the money up front. So, by the time we got to where we are now, the money would be gone and they could turn to everybody and say, \u2018Well, we can’t really afford your retirement.\u2019\u201d<\/strong><\/p>\n\n\n\n

On Wall Street, you have markets and monetary policy run by the central banks, and then you have the electorate, which influences fiscal policy and the government. So, it\u2019s a dual pillar system. Markets are managed centrally. <\/p>\n\n\n\n

So, central banks, which control monetary policy, can simply print money, and
the military then makes sure the money is taken up, which keeps everything liquid. Fitts explains:<\/p>\n\n\n\n

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\u201cThe economic equation is: Can you make more money from printing than you have to spend on the military and making the system go? <\/p>\n\n\n\n

I’ll give you an example. In the 1980s, we had a period of tremendous monetary
expansion. In the last year of the decade, in \u201889, there was a huge fight in the Doolan partnership [Furey, Doolan & Abell LLP] about how much money should be paid to the traders for bonuses.<\/p>\n\n\n\n

I had a wonderful partner who did a study, showing that \u2026 if instead of having traders in the seats, we’d had chimpanzees, we would’ve made more money. It was very interesting because you’d go out to the Hamptons on the weekends and you’d \u2026 hear everybody talking about making fantastic amounts of money
because they were brilliant and geniuses and smart and clever.<\/p>\n\n\n\n

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But it wasn’t [because of their smarts]. It was just simply the monetary policy floating the boats \u2026
A lot of the money comes from economic warfare. So, [when] you pump up the dollar, you’re moving money out of the U.S. government. As we’re coming through this big change of globalization, you loan massive amounts of dollars.<\/p>\n\n\n\n

And then all of a sudden you pull all the loans. You throw them into a dead-end trap. You pull the money and then they get a crash. Now your dollar is high. So, you go and buy up everything on the cheap.<\/p>\n\n\n\n

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The governance structure that existed before the financial coup was basically: You have the central banks running monetary policy, and then you have the sovereign government running fiscal policy. The citizens pay taxes to the sovereign government, and they elect representatives who have something say about how
that fiscal money gets [divided] up.<\/p>\n\n\n\n

Then you have private central bankers and private interests who control monetary policy and are relatively independent of the fiscal. What we\u2019ve seen [is that] \u2026 the less the government has information sovereignty and financial sovereignty, the more dependent it is on the central bankers.<\/p>\n\n\n\n

So, as the government have levered up with debt and lost their informational and financial sovereignty \u2014 part of this is what’s happened with digital technology \u2014 the central bankers have gotten more and more powerful.<\/p>\n\n\n\n

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Since fiscal [year] 1998, we’ve had what I call the financial coup d’etat. So, in the United States, up to $100 trillion have been moved out. Dr. Skidmore and I did a study, and as of 2015, the number was $21 trillion \u2026<\/p>\n\n\n\n

At that exact time, we had $20 trillion of debt. So, there was more money disappearing than there was debt. [So, they were taking that] money out. That’s the financial coup. Now that the money is out, you can collapse the government.\u201d<\/p>\n\n\n\n

Why Central Bankers Are Intentionally Collapsing Government.<\/h4>\n\n\n\n
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Importantly, Fitts stresses that government doesn\u2019t have the power to make illegal transactions. The central banks \u2014 which are privately owned \u2014 must be involved in order for that to occur. The private banks \u201care doing it for them,\u201d Fitts explains.<\/p>\n\n\n\n

\u201cSo, we\u2019ve now reached the point where the central banks are moving in and basically taking control of fiscal policy as well,\u201d she says. \u201cAnd this is why there’s such a big debate about election fraud.<\/p>\n\n\n\n

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Essentially the computer systems are controls for the elections, and essentially, the citizens or taxpayers have lost any say. If you look at polls over the last 10 years, the citizens want the country to go to the right, and Congress votes to go to the left. That’s because increasingly these people are controlled and dependent on what the central bankers want.<\/p>\n\n\n\n

There’s a great interview that Chuck Schumer, the senator from New York did at the beginning of the Trump administration, where he basically said that if Trump thinks he’s going to contradict or defy the CIA, he\u2019s dreaming; they have 50 ways from Sunday to get you. And traditionally, if you look at the U.S. intelligence agencies, they basically worked for the central bankers.<\/p>\n\n\n\n

So, what’s happening is we’re watching a reengineering of this fiscal line. You\u2019re basically looking at the central bankers moving to put into place a system that will allow them to extract tax without representation. That’s the trick, financially. How do you force the citizens to pay taxes with no representation?<\/p>\n\n\n\n

Of course, they’re using the pandemic to roll in the system that will make it possible for them to achieve that. Naomi Wolf has done a very good job of describing this, and she said, \u2018Vaccine passports are the end of human liberty in the west.\u2019<\/p>\n\n\n\n

She’s right, because ultimately, what it’s going to evolve into is a financial transaction system where, if you don’t behave, the central banks can take money right out of your account. They can stop you from transacting.\u201d<\/p>\n\n\n\n

An example Fitts gives is, say the central bankers (read totalitarian rulers of the whole world) don\u2019t want you to be able to travel. They want you to stay put where you are. They can easily accomplish this, in this planned system, by programming your electric car such that it cannot operate past that five-mile boundary line.<\/p>\n\n\n\n

They will also have full control over the function of money in this system, meaning they can decide what you are allowed to spend your money on. They could decide they don\u2019t want you to have fresh food, so you can only use the central bank digital currency for processed food.<\/p>\n\n\n\n

We\u2019ve Been Lured to Create Our Own Prison<\/h4>\n\n\n\n

The central bankers are nothing if not clever when it comes to prototyping. They don\u2019t do anything without first running many tests to see what will work best. But they don\u2019t just hire top experts. No, instead, they persuade the top developers that they can make a ton of money by developing these prototypes. They make it fun and innovative, allowing skilled people to come up with the ideas.<\/p>\n\n\n\n

Once a successful prototype has been identified, they then build their own version of that. In the case of cryptocurrencies, their version is a central bank digital currency under centralized control. Another part of the complete system is the smart grid, which was prototyped, developed and rolled out in recent years. The smart grid is, of course, a requirement for the surveillance apparatus that is at the heart of it all.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

While all of these things, cryptocurrencies, the smart grid, artificial intelligence technologies and the like, are marketed as a way to make us all freer, the intended result is a global prison system where no one is free. The good news here is that they must get the general population to build their own prisons. <\/p>\n\n\n\n

The answer then, is that once you see how it\u2019s done, you can just stop. Stop building the prison walls. Stop building and contributing to the surveillance grid.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This could mean quitting your job if you work for a company that is involved in developing and building technologies intended for this control grid. But even if you don\u2019t actually perform work that helps build it, you are still participating in the control grid structure by using surveillance tools like Facebook and Google.<\/p>\n\n\n\n

By allowing smart meters to be installed in your home, by buying and using AI-based technologies and \u201csmart\u201d technologies, by allowing GPS tracking on your phone and so on. If you don\u2019t want to contribute to building this global prison, you have to actually take action and change how and who you do business
with.<\/p>\n\n\n\n

\u201cIf you look at a lot of the financial fraud over the last 20 years in the United States, the leader of that financial fraud in many cases was JP Morgan Chase. <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Yet statistics show that 50% of Americans bank or have credit cards or other relationships with JP Morgan Chase.<\/p>\n\n\n\n

In 1998, when I first realized what was happening with the mortgage fraud and JP Morgan Chase was at the heart of it, I was writing a check on a JP Morgan Chase banking account. And I said, \u2018Why am I banking [with JP Morgan]? Why am I allowing my funds to be used as deposits to engineer financial fraud? I’ve
got to come clean.\u2019<\/p>\n\n\n\n

Forget about protesting. If tomorrow, everybody woke up and said, \u2018You know, I’m not going to bank with the New York fed member banks,\u2019 the change would be dramatic, because if you look at where we’re banking and who we’re working for and who we’re associating with, we’re helping them do this.<\/p>\n\n\n\n

Remember this is an all-digital system. One aspect of this is currency, but the other is a one-way mirror where you have 24\/7 surveillance and data. So not only can I watch you 24\/7 and collect data from your body, from your mind, from your activities, but then I can stop you from moving around spatially, or I can turn off your ability to transact.\u201d<\/p>\n\n\n\n

The Control System and Transaction System Are One<\/h4>\n\n\n\n

As noted by Fitts, the system being built is both a control system and a transaction system.
The transaction system, however, is not based on what we consider a real currency. It\u2019s actually the end of currencies, because in this system, you can never take the currency out of the bank and put it in your pocket. You can only conduct transactions that are validated and approved through and by the central bank.<\/p>\n\n\n\n

Remember, the 24\/7 surveillance system \u201ccan literally get the human race to be connected to the cloud, to the AI, the software and the robots,\u201d Fitts says. \u201cWe’re talking about connecting the human race to a cloud where they teach the AI, the software and the robots, how to do their jobs.\u201d<\/strong> In short, we are
actively engineering a future where we, humans, have been largely eliminated from the workplace.<\/p>\n\n\n\n

Those who remain will be integrated with robotics. \u201cIn other words, whether I have a human do that job, or whether I have a robot do that job, I can manage them in the same system if I can have them all hooked up to the cloud and communicating with each other.\u201d<\/p>\n\n\n\n

Basically, what we\u2019re looking at is transhumanism, and we\u2019re quite literally dehumanizing ourselves.
This system will also do away with markets, because what we think of as markets will be micromanaged and optimized through artificial intelligence and software.<\/p>\n\n\n\n

What Do You Want?<\/h4>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Knowing this, the options become rather simple. As noted by Fitts, we can have a human civilization, or we can have an inhuman civilization. We can have a financial system where private monopoly controls the printing of money, or we can have a decentralized system.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

I agree with Fitts, who states that the world she wants to live in is where the financial printing press has been decentralized, and where we are committed to human civilization \u2014 not a transhumanist one run by technocrats. As crazy as this transhuman technocratic future may sound to the everyday person, it\u2019s clear
the technocrats believe their system can work.<\/p>\n\n\n\n

\u201cI think they believe it can work because of the one-way mirror,\u201d Fitts says. \u201c[Let\u2019s say] you have a one-way year where you have 100% access to the data, 24\/7, of all the people on this side of the mirror.<\/p>\n\n\n\n

Remember, once you engineer all this secret money in taxation without representation, they [the people] can’t see behind the mirror. The thing that punches a hole in the mirror is transparency about government money, and no taxation without representation.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Creating a Breakaway Civilization<\/h4>\n\n\n\n

This is why the central bank takeover of the sovereign governments is so important, because this takeover allows them to create a system in which the two sides of the mirror are two entirely separate civilizations. Those behind the mirror \u2014 you and I \u2014 cannot see what the technocrats are doing on the other side, while they can see every last thing we do and say. \u201cYou’re literally talking about a
parallel universe,\u201d Fitts says.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Those behind the mirror, the technocratic rulers, do not obey any law that applies to those of us on the other side of the mirror. They are not subject to the law. They have complete immunity from prosecution.<\/p>\n\n\n\n

\u201cThey can engage in systematic violation of what you and I think of as the law, with impunity,\u201d Fitts says. \u201cAnd if you look at how much money has been moved out in the financial coup, they can literally become a parallel civilization.\u201d<\/p>\n\n\n\n

They\u2019re Trying to Sell You on Being a Serf<\/h4>\n\n\n\n
\"\"<\/figure>\n\n\n\n

The vaccine passport is clearly the tool of choice for the authoritarian globalists\u2019 plan to deprive you and your family of your freedom and personal liberties. This financial coup is 20 years in the making.
They voted on the \u201cdirect reset\u201d plan (aka The Great Reset), they wrote the plan, and have been implementing that plan, year by year, step by step.<\/p>\n\n\n\n

We\u2019re now in the end game, Fitts says, where they need to consolidate everything. Now, with their vote for The Great Reset, the central bankers made the decision to put 500 million people out of work over the next year alone.<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cThat’s the equivalent of dropping several nuclear bombs around the world. That’s financial warfare, and they made it intentionally,\u201d Fitts says. \u201cThey made it knowingly. It was a plan. And what is very important to understand, when you think about this pandemic, is people are not dying from magic viruses.<\/strong><\/p>\n\n\n\n

People are dying from tyranny, they’re dying from a great poisoning. That’s part of that tyranny, but our problem, and the thing we need to be afraid of, is tyranny. Because the tyranny needs, and is about to get much, much worse.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

It’s the passports and that system of central bank digital control that will give them the ability to do that. The world economic forum calls it The Great Reset, which is kind of the marketing \u2026<\/strong>
The World Economic Forum guys make it interesting and fashionable [to say] \u2018In 2030, you own nothing, and you’re happy.\u2019<\/p>\n\n\n\n

Now, what I hear is \u2018It’s 2030, the direct reset has stolen all your money, taken all your assets, and they’ve got your mind-controlled.\u2019 The Great Reset is to sell people on a vision of a world where the average person has a much smaller command on resources and assets, and is subject to complete central control.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Part of what you’re dealing with is that human beings crave coherence. And so, if you can put them in a state of incoherence, they will literally do anything they can to get back to coherence. It’s a torture mechanism. If you study torture, it’s a typical torture tactic \u2026<\/p>\n\n\n\n

That’s why you see all these people saying, \u2018If you just accept the passports, you\u2019ll be free. Or if you get the vaccination, you’ll be free. They have spent a fortune since World War II on figuring out how to use digital technology, telecommunications and media to implement mind control much more economically and much more broadly.<\/p>\n\n\n\n

And one of the things I think they’re very enthusiastic about
how well it has worked.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

humanityandearth.com<\/p>\n\n\n\n

End of the wars worldwide to be ended soon?<\/a><\/p>\n\n\n\n

Our world is much Stranger than you\u2019ve and I been made to believe not even in control but being controlled?<\/a><\/p>\n\n\n\n

Verdant.<\/a><\/p>\n\n\n\n

WEF\/NWO and UN sustainable agenda 2030 and their minions?<\/a><\/p>\n\n\n\n

Source, heaven and earth?<\/a><\/p>\n\n\n\n

CLONED BODIES FROM UNDERGROUND BASES OF ILLUMINATI?<\/a><\/p>\n\n\n\n

The end of democracy, UN dark side?<\/a><\/p>\n\n\n\n

War and it\u2019s participants by Dr Jung?<\/a><\/p>\n\n\n\n

Behind the Veil?<\/a><\/p>\n\n\n\n

Use of Fear and guilt to control\/push humans.<\/a><\/p>\n\n\n\n

Madness?<\/a><\/p>\n\n\n\n

Edgar Cayce and Baba Vanga and 2025?<\/p>\n\n\n\n

5D new earth?<\/a><\/p>\n\n\n\n

Pushing the NWO\/WEF agenda within the UN.<\/a><\/p>\n\n\n\n

\u201cNovo Nordisk, which has made nearly $50 billion in sales off of Ozempic and Wegovy, charges Americans almost $1,000 a month.<\/a><\/p>\n\n\n\n

Aspirin\u2019s Forgotten Anticancer Function.<\/a><\/p>\n\n\n\n

The origin of the climate change agenda.<\/a><\/p>\n\n\n\n

New Earth, Did they the deep State see it ever coming?<\/a><\/p>\n\n\n\n

Earthquakes tsunamis and other Elemental forces now active and will change planet Earth forever.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Fed bankrupt\/why? Please click on the video link for the original. Index please click on link? https:\/\/www.youtube.com\/watch?v=qlow3WcF_jISkip navigationSearchAvatar image0:32 \/ 23:4230 Seconds To Midnight: THE FED JUST WENT BANKRUPT | Mike Maloney GoldSilver (w\/ Mike Maloney)Share They The Fed cannot create currency out of thin air that does not happen it never happens. What they […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/matilda-macelroy.com\/wp63\/wp-json\/wp\/v2\/posts\/8"}],"collection":[{"href":"https:\/\/matilda-macelroy.com\/wp63\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/matilda-macelroy.com\/wp63\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/matilda-macelroy.com\/wp63\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/matilda-macelroy.com\/wp63\/wp-json\/wp\/v2\/comments?post=8"}],"version-history":[{"count":11,"href":"https:\/\/matilda-macelroy.com\/wp63\/wp-json\/wp\/v2\/posts\/8\/revisions"}],"predecessor-version":[{"id":978,"href":"https:\/\/matilda-macelroy.com\/wp63\/wp-json\/wp\/v2\/posts\/8\/revisions\/978"}],"wp:attachment":[{"href":"https:\/\/matilda-macelroy.com\/wp63\/wp-json\/wp\/v2\/media?parent=8"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/matilda-macelroy.com\/wp63\/wp-json\/wp\/v2\/categories?post=8"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/matilda-macelroy.com\/wp63\/wp-json\/wp\/v2\/tags?post=8"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}