Element 79, by Robert Gore
You can be a financial Gazan, huddled in the house-of-cards wreckage of malevolent central banking and out of control debt, waiting for the missile, bullet, or bulldozer that has your name on it. There is no way the current system is going to be fixed, unless you think that digital currency whose use can be conditional or that can be canceled outright at the whim of tyrants is a fix.
Or you can be a financial Houthi, using what drones and missiles you have to protect yourself and stymie ships of rapacious fools looking to claim your assets as their next victim. The hour is late and collapse is nigh—better a few months early than a minute late. CBDCs will inevitably be sprung on us in the dead of night, probably in response to an impending financial crises that’s as inevitable as corrupt politicians. In the morning, when millions of panicked depositors unsecured creditors try to get their money out of online accounts, the WITHDRAW button will be disabled . . . forever.
This is an excerpt. For the complete article, please click the above link.
Or you can be a financial Houthi, using what drones and missiles you have to protect yourself and stymie ships of rapacious fools looking to claim your assets as their next victim. The hour is late and collapse is nigh—better a few months early than a minute late. CBDCs will inevitably be sprung on us in the dead of night, probably in response to an impending financial crises that’s as inevitable as corrupt politicians. In the morning, when millions of panicked depositors unsecured creditors try to get their money out of online accounts, the WITHDRAW button will be disabled . . . forever.
This is an excerpt. For the complete article, please click the above link.
I much prefer to be a financial Galt ... living by my mind and storing my wealth in gold in the Mulligan Bank, and staying hidden from the authorities as much as possible. Sometimes that is hiding in plain sight, as JG did when working for the railroad.
Clever title! 👍
Some new cryptos are tied to precious metals, but they're a minority for now. Could we see a crypto that becomes an exchange medium as a result?
I came up with a disaster category system years ago that I think works well for planning. Start at the bottom; get prepared for those things, then work your way up:
Cat 5 - TEOTWAWKI (The End Of The World As We Know It)
Gold and silver are worthless, as you can't eat them.
Examples: WWIII or asteroid strike.
Cat 4 - SHTF - Long-term disaster
Money is worthless. Barter with gold and silver only. Stores, banks, gas stations are GONE for good.
Examples: Yellowstone eruption or civil war.
Cat 3 - Major regional disaster
Money is still good, but no access to it.
Stores, banks, gas stations are down for a long time.
Examples: Grid down, no fuel, big natural disaster, civil unrest.
Cat 2 - Limited local disaster
Stores, banks, gas stations are still mostly functional but shut down for days.
Travel may be difficult. Curfews.
Examples: hurricane, tornado, earthquake
Cat 1 - Personal disaster
Stores and banks are still functional; others are not affected.
Examples: Job loss, house fire, death in family
Trade 79 once you reach your destination for 47.