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Coin Shortage


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You have to ask the question... WHY is there a coin shortage?

 

There wasn't last week so that says to me that someone has deliberately taken millions of coins out of circulation and it's been done for a reason... and not because it might be "infected." 

 

If you look at the current backdrop of the Federal Reserve printing BILLIONS to provide liquidity then that means there is more money in the system not less...

 

The only conclusion has to be the push to the CASHLESS SOCIETY as stated above by 2020Member - all in plain sight!

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12 minutes ago, KillBill said:

There is no coin shortage.

It's further pushing society into a cashless, clownworld digital fantasy currency.

 

 

Yep, and a possible run on the banks too in the process. That's what I was getting from that TruNews clip I uploaded anyway.

Edited by EnigmaticWorld
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Just for information, and may be relevant here, when the lockdown first kicked in all the old people in my town headed straight for the banks and drew ALL their money out. I saw the queues, every day, I also know someone who works in one of the banks.

 

There were large amounts of money being withdrawn in most cases and I did wonder whether the government knew about this but kept very quiet about it just in case there might have been a possibility of a "bank run"...

 

Whether the this money has been redeposited I don't know but if you tie that in with cashless society argument it certainly raises a lot of questions...

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The problem is that cash withdrawn won't help the owners of it, if  a solely digital system is implemented. We'll be given a deadline to deposit all cash for inclusion in the new system and after that it will just be worthless bits of paper and base metal. Unless they can afford to spend it all before the changeover I suppose. If I'd had any money to spare, I'd have bought gold sovereigns with it.

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1 hour ago, Tinfoil Hat said:

The problem is that cash withdrawn won't help the owners of it, if  a solely digital system is implemented. We'll be given a deadline to deposit all cash for inclusion in the new system and after that it will just be worthless bits of paper and base metal. Unless they can afford to spend it all before the changeover I suppose. If I'd had any money to spare, I'd have bought gold sovereigns with it.

Totally true, unless people look into alternatives like crypto, but not those from banks or governments. 

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17 hours ago, Tinfoil Hat said:

The problem is that cash withdrawn won't help the owners of it, if  a solely digital system is implemented. We'll be given a deadline to deposit all cash for inclusion in the new system and after that it will just be worthless bits of paper and base metal. Unless they can afford to spend it all before the changeover I suppose. If I'd had any money to spare, I'd have bought gold sovereigns with it.

 

This is exactly my point... if you're sat on a pile of cash that is effectively going to become worthless beyond a stipulated date then you have to do something with it - either spend it or invest it - and I don't think there's ever been a more timely point to buy gold and silver right now as it will probably rocket in value once cash starts to disappear. 

 

As most financial investors know, gold and silver is "real money" as it bears no third party liability. 

Edited by HAARPING_On
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34 minutes ago, HAARPING_On said:

 

This is exactly my point... if you're sat on a pile of cash that is effectively going to become worthless beyond a stipulated date then you have to do something with it - either spend it or invest it - and I don't think there's ever been a more timely point to buy gold and silver right now as it will probably rocket in value once cash starts to disappear. 

 

As most financial investors know, gold and silver is "real money" as it bears no third party liability. 

OK, so let's say cash goes, and you have invested in gold and silver, how exactly do you plan to use it in a digital society? Will people accept gold and silver as tender? Regardless if it always has value or not, it is also about perceived value. What if the Govt told people and shops not to accept gold and silver? 

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There will always be people who make exchanges for goods and services outside the system... Barter being one option.

I'm not sure how all of this will play out but "the market" will decide... whether that is in a legal or illegal capacity I don't know... 

 

The "cashless society" aims to monitor our every move - and more importantly - to tax us  on it.

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On 7/2/2020 at 12:40 PM, HAARPING_On said:

There will always be people who make exchanges for goods and services outside the system... Barter being one option.

I'm not sure how all of this will play out but "the market" will decide... whether that is in a legal or illegal capacity I don't know... 

 

The "cashless society" aims to monitor our every move - and more importantly - to tax us  on it.

 

If you are a renovator, would you accept a trackload of potato to do my bathroom up? Say the job would cost like £5K, if you have a cold storage, that could be your year supply but still need to pay for the refrigeration cost out of your pocket. Another customer might offer you a trackload of carrots.....then onions from an onion farmer.

May be you might be better off turning to a veggie market trader at some point than keep working as a renovator. Oh but people would be paying by digital currency....right?

It's an interesting life we will be living. :classic_biggrin:

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You want to destroy their system? It's easy get your wealth/money out! 

 

Coins are made of worthless alloys, banknotes are debt notes (read what it says on them). 

 

You leave your money or shares (also pensions) in their system to make them money. 

 

When the reset comes you'll loose it all and will only be allowed to live in their system if you do as they ask (vaccine, chip, digital passport??). 

 

Take your money/"wealth" out of their system in exchange for gold and silver (you'll see a dramatic rise when the crash/reset happens). You will then have a tangible asset that YOU possess. 

 

There is a reason gold will always be of value - their master M values it above all else on this planet! 

Edited by Principiis Obsta
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I assume that not too many contributors have shops around them which have 'cash only' signs. We all know what goes on with this. Tradesmen, not wanting to put it through the books and save the VAT. Takeaways and corner shops likewise. Given the amount of people in this country (the UK) who draw benefits, I cannot imagine how they would cope without cash. I have known people who claim benefits to go to the cash machine at one minute past midnight to try to (unsuccessfully) claim their stash, little realising that the banks don't actually make the transfer until the early hours, because for the short time it's in their hands, it's invested elsewhere. 

Anecdotal information suggests that many of those who have spent a lifetime on benefits cannot cope with a bank account. They withdraw all the money as soon as it goes into the account and then spend it. "I don't trust the banks", is the standard reply to the question, why don't you have a bank account?

On a separate note, how is the drug trade, by which I mean those which we're not supposed to take, going to work? Your dealer arrives on his bike and you give him a bottle of Scotch in return? Counter-trade only works when the local currency is totally worthless, which it isn't - yet!

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On 7/4/2020 at 2:28 PM, no kidding said:

On a separate note, how is the drug trade, by which I mean those which we're not supposed to take, going to work? Your dealer arrives on his bike and you give him a bottle of Scotch in return? Counter-trade only works when the local currency is totally worthless, which it isn't - yet!

 

I bet they have those portable card readers now! ?

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On 7/4/2020 at 1:53 AM, Principiis Obsta said:

You want to destroy their system? It's easy get your wealth/money out! 

 

Coins are made of worthless alloys, banknotes are debt notes (read what it says on them). 

 

You leave your money or shares (also pensions) in their system to make them money. 

 

When the reset comes you'll loose it all and will only be allowed to live in their system if you do as they ask (vaccine, chip, digital passport??). 

 

Take your money/"wealth" out of their system in exchange for gold and silver (you'll see a dramatic rise when the crash/reset happens). You will then have a tangible asset that YOU possess. 

 

There is a reason gold will always be of value - their master M values it above all else on this planet! 

 

Who is master M?

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