IN MY OPINION, YOUR PENSIONS AND OTHER ASSETS ARE SAFE...???
Naturally, they'll all be Reset, but the Value will either Move to, or Remain at Fair Market Value...
If you have One Hundred Thousand Dollars in your Account, if my Theory is correct, it will be Reset to One Thousand Dollars in U.S. Coinage or One Thousand U.S. Trade Dollars...
The Reset I've mentioned concerns the 100 Fold increase in Purchasing Power of our Common U.S. Coinage and New Trade Dollar...
In other words... The Numbers will Change, but the Value shall Remain...
That goes for your Wages, Tips and Other Compensation too...
If you were making 25 dollars per hour before the Reset, it will change to 25 Cents per hour after the Reset...
The 25 Cents per hour, will have the same Purchasing Power as the 25 Dollars per hour it replaced...
If your "Crypto's" are Valued at 100,000 Current Dollars before the Reset, they will be "Reset" and "Replaced" by 1,000 Trade Dollars after the Reset, with no loss in Purchasing Power...
If you have 100,000 Current Dollars in the Bank, it will be Reset to 1,000 Trade Dollars after the Reset, with no loss in Purchasing Power...
If you're in Debt and Owe 100,000 Current Dollars before the Reset, you will Owe 1,000 Trade Dollars after the Reset...
Don't forget... You're only making 25 Cents per hour now... The Value of your Debt will remain...
As per my P. C. Theory, I think it would be prudent to Obtain some Physical U.S. Coinage to bring along with you to the other side of the Reset...
For more information on my Pocket Change Theory, I have many Posts your can Review...
Feel free to Comment...
COIN MAN by @pocketechange ...A penny may cost you a dollar bill...
Hello! I am so pleased that I found your postings on this site- it is a positive outcome to our financial plight in the United States. For years, I have followed Willie, Sinclair, Holter, etc. that showed the slow motion collapse of the US. These writers have vividly described our future as possible anarchy, 3rd world lifestyle, etc. which I agreed was a likely scenario.
My only hope in the last year was that cryptocurrencies might take the place of the US dollar as it slowly collapsed: Our great nation would collapse with it.
However, since I have found your postings- a viable solution to the economic problems of the US has been presented here.
A solution that is logical and much easier to implement with the US population. Pocket change is recognizable to the US citizen as currency having value now, and will lessen the impact of the reset.
Your theory also strikes at the heart of the problem with the Federal reserve- returning the debt-based, promissary notes back to its owner.
I truly hope that someone in the President's administration has noted your theory and solution.
Well done!
Thank you so much... Few people give me the Credit you're showing me... It all made sense to me from the start, and I've been trying to inform people ever since... I have no way of knowing if our President is aware of anything I've been writing... I hope so... I like the fact that he has Andrew Jackson's Portrait hanging in the Oval Office... Up until recently, I've been calling the Trade Dollar a "New Dollar"... It had the same function, but I sure like that I now call it the Trade Dollar... It seems to help people understand my theory better than the Coinage aspect of my theory... The Trade Dollar seems to make everything more understandable to people... Thanks again for such a nice Comment...
Welcome!
I actually hope your Theory id correct. Because this Theory will help us more then other Theories
It's our only hope to keep everything running after the Collapse of the Dollar... If the Federal Reserve thinks they're going to maintain their Grip on us, they're in for a Big Surprise...
interesting theory
So far, I haven't been able to find any flaws in my Theory... Other than perhaps the Federal Reserve Banks losing their Interest payments on the National Debt, I see no losers anywhere in the World...
Thank you for your continued support of SteemSilverGold