POCKET CHANGE IS THE KEY FOR THE COMING TRANSFER OF WEALTH...
I'm sure there are a lot of you out there who haven't read my Theory on Pocket Change... Well, It's my belief that the Federal Reserve (Debt) Notes are about to return to Fair Market Value, which in my opinion is One Cent each... So, when the Dollar Crashes, (and everyone says it's only a matter of time) I think the Banks will offer us One Cent for every Digital Dollar we either have on Deposit with them or for every Paper Fiat Note we turn in... The Notes turned in will be used to pay off the National Debt... One Cent for each Dollars worth of Paper or Digital Federal Reserve Notes... That's about it in a nut-shell, so may I suggest holding onto your Pocket Change... I think the buying power of Common U.S. Coinage will increase in Buying Power by 100 Fold because we'll still need a Medium of Exchange and it will take 100 cents to get you a New (Debt and Interest Free) Dollar... So, hold onto your paper or digital savings and buy a new dollar for 100 old dollars"" or"" 100 Cents worth of Common Coinage... You decide...
@pocketechange
Well copper is a semi precious metal, it's in the same column on the periodic table with silver and gold. Cheer
@silverbug
My theory isn't about the metal value, just like our current Paper Fiat isn't about the Paper Value...
@pocketechange
There is a New Dollar coming...
One with no Debt or Interest attached...
It's the only way President Trump can
MAKE AMERICA GREAT AGAIN...
@pocketechange
Yes I know, I was just being a little cheeky. Cheers
Great post my friend. But than again you always make great posts. DR
That is a very interesting sight. The coins are more worth, that's clear. That's why we just talk about paper money. But do you really think they will cut 1:100? That is a 99% loss. The people would go crazy. What I know from EU-Fiat-Money is this: 1 EU-Cent-Coin is worth 1.1 EU-Cents in production price. An EU-banknote (it doesn't matter so much, which you take) is in a close range to the 1-10 EU-Cent-coin. You theory could work.
In the past the cut-offs were more likely suggested to be close to 1:10. Maybe they could sell this to the people, but 1:100, I don't know... In either way, it sounds quite frightening. Very good Post!
With my Theory, the Fiat Dollar becomes one Cent, but that one Cent will increase in buying power a hundred fold... So, no one loses who has the paper, but the ones holding the Coinage will see a big increase in their wealth... The best part of my Theory is that we pay the Banksters back all of our National Debt with their Fiat Paper (Debt) Notes, and then we create our own Debt and Interest Free Currency... We never needed their Debt Notes in the first place...
That makes sense. I missed the part of the cent going up.
What do you think about the shares? What will happen to them?
Shares of Common Stock will go down with the old debt notes, but their buying power will remain the same... No loss to speak of... Let's say the Dow is at 2,000 during the Reset... The 2,000 will become 20, but the buying power of the 20 will be the same as the buying power when it was 2,000... We have nothing to lose and everything to gain...
@pocketechange
Wow. Great analysis. You know your stuff. That sounds logical.
One more thing: I heard an opinion, that there are 7 to 10 times more shares sold, than exist. Did you hear about that?
Yes I have and most people who own shares don't hold the Stock Certificate...
@pocketechange
And the bad thing is, that there are no more Stock Certificates for usual people...
I heard that you can still get Physical Stock Certificates, but they cost you extra Hundreds of Dollars...
@pocketechange
Federal system gonna crash, pocketechange will emerge. Nice update my friend @pocketechange
Thanks... We pay them back with their own Debt Notes and if there's any interest still owed, we pay them in Pocket Change...
@pocketechange
Ahh very interesting thought here, yea coins will go up at some point, due to lasting much much longer then paper currency alone, thanks for the post!
Paper Debt Notes will be given back to the Federal Reserve to pay off our National Debt... If there's still interested owed on our Debt, we pay them off with Pocket Change which is shall be worth 100 times more than their Paper and Digital Debt Notes...
@pocketechange