Economics by Wes.....
Imagine you wanted to buy things online and websites only accepted paypal. You didn't mind at first but then paypal started taking 2% more of your money each year. If they found out you did something they didn't like, they would suspend your ability to conduct any transactions. But you have to use them because all the websites you order things from only take paypal. Paypal knows this too and locked in the merchants with a 50 year agreement. Then they start taking 20% of your transactions as fees every year instead of the old 2%.
This really sucks but they are the only game in town..... Imagine what would happen if all the merchants started accepting Visa and Mastercard. All the people who hated paypal's fees and arbitrary lockout rules would cash out their paypal balance and GTFO and run to MasterCard.
Friends this is what just happened in the world last night. In 1974 the US entered into an agreement with Saudi to sell oil only in dollars for 50 years. Along the way, the US has continued to print money and devalue the dollars held in other nation's vaults for international trade. The US has imposed sanctions on countries we didn't like by locking them out of the SWIFT payment system. The EU did the same to Russia two junes ago. Russia needed to make a payment of $40M to the EU but the EU had frozen their bank account.... the money was there, the bank would not process the transaction. These sorts of stunts have made other countries hate having to deal in US dollars (ie paypal). The first alternative that comes along will have everyone jumping to it.
Presently there are about 40 nations involved in BRICS. Their combined GDP is greater than the G7 nations. Those nations no longer have to use USD and you can bet they will be cashing out of dollars.
I'm telling you this because you need to buy the things you think you will need in the furture TODAY. You will look back on this month in the next year and see an inflexion point in the chart of inflation.
How many of you hesitated to buy 9mm when it was 18c a round? Boy you'd love 18c 9mm right now wouldn't you? Boy you'd love 25c 5.56 right now wouldn't you? Don't get a year down the road and wish you'd bought a tiller or solar, or a generator.... or a spare water pump. Trust me you will look back on today and wish you had bought something.
— 🇺🇸/🇮🇱 WATCH: Jewish-American venture capitalist Michael Eisenberg urges Jews to move to Israel and explicitly calls the United States 'a declining empire' while sitting in New York for a conference.
In the UK, the Net Zero agenda has resulted in fleets of electric ambulances that don't have enough electricity to make the defibrillators work. 🤡
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"…there really is no place to run and hide. The time of the end is the time of no room.
Indeed, seemingly just a handful of technocrats will soon have the power to force everyone to “buy and sell” through their system once digital currency and digital IDs are imposed on the global populace. Then there will truly be nowhere to run, nowhere to hide.
So many of us are growing very tired and weary as we watch a system fall into place that we feel helpless to stop. Even though we have “filled our lamps with oil” as best we can to prepare for these days, we find the increasing evil, lukewarmness, blindness, cowardice, and political correctness of both secular and church authorities exhausting.
I am convinced that we are seeing the rise of this beast in our generation, however long that takes to unfold. As such, Mr. O’Brien is right: There really is no place to run and hide. “The time of the end is the time of no room.”
For instance, many in my country (Canada) have ...