You are viewing a single comment's thread from:

RE: TIME TO GIVE ME A BREAK...

in #steemsilvergold7 years ago (edited)

I love your replies... And I have perfectly sensible answers to all your concerns... I'll try to start at the top and work my way down...

When the Federal Reserve Notes, "Crash and Burn," our POTUS will Sign an EMERGENCY Executive Order to RESET our U.S. Coinage, for a very simple reason... We as a People need to be able to Transact and do Business... We can't just sit still and have no BACK UP PLAN... Congress will (at a later date) Pass A Bill making the Reset of our U.S. Coinage Official, which shall be signed into Law by our POTUS...

The Average Person holding Ten Dollars in Physical U.S. Coinage along with its 100 Fold increase in Purchasing Power, will be "like" having a 1,000 dollar BONUS... That will be a pretty nice way to enter the Reset... What that average person has in Cash or Digital Blips in the Banking System will not lose any of it's Purchasing Power... It will just be Reset to our U.S. Coinage... One Hundred in Cash or Digital Dollars will be Reset and Backed by a One Dollar U.S. Coin, with no loss in Purchasing Power... Yes, the Numbers will change, but the Power will remain...

The President (as he tells it) is working for us... I heard him say it... What we as a Nation and other Countries around the World are beginning to find out is that every bit of the World Reserve Currency is on loan... Guess who's paying interest on that loan...??? Why wouldn't the President of the United States, RESET the Worlds Reserve Currency, in order to save our own Monetary System...???

I have a great feeling that our POTUS will save Our Coinage and Redeem the Paper... Once Redeemed, the Paper will be RETURNED to the Federal Reserve, as payment towards our National Debt... Any Extra owed in interest will be paid using either U.S. Coinage or our New Trade Dollar, which will be in both Paper and Digital Form... The Reset will be very Smooth...

Now for solving the World Banking Problem... As we're all beginning to find out, we do have a Private Banking Problem... They sure don't want US looking into their BOOKS... I say... "They made their Bed, now let them Sleep in it"... In my opinion, they've been Robbing us Blind for far too long... If saving Our Monetary System saves the Worlds Monetary System as other Countries follow suit, then so be it... I say, "Let Freedom Reign"... What was the name of that Movie with Mel Gibson...??? People of the World need to be Set Free, once and for all...

As far as China is concerned, I see no problems at all... They will not lose any Value after the Reset... The Value will be Reset, but the Purchasing Power will remain... Think of it as a 100 to 1, Reverse Split... The 1 will have the same value as the 100 once had... There will be no losers as a result of the Reset... Oh, and If China prefers Paper or Digital Trade Dollars, backed by U.S. Coinage, that's no big deal... We won't have to send them a Boat Full of Pennies...lol...

The 85,000 in the Bank is easily Reset to 850 Dollars in U.S. Coinage "backed" Digital Blips... If you need Physical U.S. Coinage, you can pick that up at the Bank, any time you choose... If you need to write a check to pay a Bill, you can continue doing that as well... Your Bills will also be Reset, so I see no problem there either...

Any Mortgage, Loan or Credit Card Debt will be Reset, so don't think you'll be walking away Scott Free from your Debts... That's why I tell people it would be a good idea to be holding 100 Dollars in Physical U.S. Coinage for every Ten Thousand Dollars they are currently in Debt for... I figure it's a Cheap Debt Insurance Policy...

I see a "WIN WIN" situation here, if my P.C. Theory becomes a Reality... If by chance you feel this message should be Resteemed, I wish you or someone else will do it... I always have this feeling that my P.C. Theory needs to be viewed by more people... I consider it Good News... Thanks again for Commenting...

Sort:  

Thank you for explaining your theory. I can appreciate all of the hard work you've put into your posts and explaining it to others.
As emergency money, the framework is already there and it could be declared to be worth 100x face value, I suppose.
I'm pretty sure that the day will come when the current system will have to be scrapped and some sort of reset done.

I do a little bank roll searching for silver and occasionally pennies. If I need the cash, I take them back to the bank. If I don't I just save them away.
I'm guessing that I probably have around $500 give or take in rolls and copper pennies and a bank bag of the first state quarters. I'll keep these stored away, just in case.
Of course if there was an event such as this, I have my metal detector ATM and know the locations of a whole lot of zinc pennies that I don't bother to dig now lol.
Have a good day @pocketechange. I want to do some coin roll searching now

I'm glad to know you're well fixed in Physical U.S. Coinage...

COIN MAN by @pocketechange ...A penny may cost a dollar...

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.030
BTC 62102.31
ETH 2432.92
USDT 1.00
SBD 2.67