What's the Buzz with Banks?
It’s interesting that we are starting to see the failures of some very large banks. You’ve seen it just as I have in the past week or so along with videos of the lines of people waiting to take out their money from those failed banks. I haven’t seen anyone with a wheel barrow full of cash yet trying to buy an apple so maybe there’s hope…
The Federal Reserve has noted the situation and has announced “…it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. This action will bolster the capacity of the banking system to safeguard deposits and ensure the ongoing provision of money and credit to the economy.”[1] I’d like to remind folks that the Federal Reserve is actually a “central bank” owned by people who mostly live in Europe. It’s not part of the federal government and should never have been allowed to set up shop in the United States.
Interestingly enough, it turns out these additional funds made possible “will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one year in length to banks, savings associations, credit unions, and other eligible depository institutions pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral.”[2; emphasis added]
Hey neato! A new “program” that offers loans to financial institutions. In essence, this is already what the Fed does. What I would like to know though is how a bank fails in the first place? I imagine there are a number of potential reasons for it, but it seems to this non-economist that more loans to financial institutions will only prolong the inevitable, not correct the problem. But what do I know?
At least in one case, the CEO doled out bonuses to certain employees the week before that bank failed. Gee, is it possible that CEO knew something? Seems to be the case but nothing to see here.
We keep hearing from people in the banking and financial industry talking about the “need” for digital currencies and how much “easier” and “safer” they would be than paper money. How and for who would things be safer? Do they mean “easier” for them ultimately? Certainly people are getting too used to things that create more convenience. Our phones are convenient. Our smart appliances are more convenient. Our technology has made things much easier and more convenient. Yet, there is always a down side to these things and that down side usually means less control for ourselves and more control by others.
It’s easier to swipe your debit card and it’s even easier to pay for something using an app on your phone than it is to get out the old checkbook, take the time to write the check, hand it to the cashier and possibly need to show forms of ID. It’s easier to use something other than a checkbook, which means using debit cards. How about cash? Can we still use that? My wife and I do.
But if we consider that they said the same thing about bitcoin - that it’s easier, safer, and can’t be hacked, etc. - yet it turns out Bitcoin could be hacked. What should we conclude from all this? Maybe there’s an ulterior motive for the digital currencies that they want to install and force us to use.
In truth, removing paper money (including checks), would force people to rely on a financial system that is completely beyond our control. If all my money is simply numbers on a spread sheet at some financial institution, it’s then possible that my ability to buy would be severely stunted and totally controlled. If the Internet goes down, I’m unable to pay for things. If, through censorship/control because someone doesn’t like what I say here or on my blog, my money becomes unavailable, I’m also unable to pay for things.
So whether it’s one of the “15-Minute Cities” that are being established, the push toward digital currency or something else, the goal appears to be to take away our own ability to control our own things.
Note this sentence in the previously quoted article: “The Board is carefully monitoring developments in financial markets. The capital and liquidity positions of the U.S. banking system are strong and the U.S. financial system is resilient.”[3]
Blah, blah, blah. Words that say nothing. Does it make you feel safer about your money? Banks are failing but the ever-watchful Fed is on it and aware of the situation. Kind of reminds me of Fraudci who told us point blank that the jab would keep people from getting CV. These people like like Satan because it gets them what they want.
Ultimately, it’s all about control; controlling what you buy, where you can buy it, where you live and where you can travel to by private car and whether or not you can use your digital currencies.
In any case, things are going to continue to be buttoned up throughout 2023 and into 2024. Let’s not forget that the original target date of Agenda 2030 has been changed (“unofficially”), to 2027 so for that to happen, things really need to be sped up so that these target dates are met.
Overall, what we are talking about are several things that play into the plans globalists have for this world (isn’t that nice of them?):
banking failures to usher in digital currencies
continued inflation of needed goods and services (food, gas, etc.)
jobs being axed
continued emphasis on new illnesses leading to new “pandemics”
let’s not forget the coming “World War III”
Just these things listed above are enough to bring many nations to their knees. The banking failures began with Silicon Valley Bank (SVB), here in the USA. But like dominoes, other banks have followed suit. Now, it’s going beyond the USA to parts of Europe because some of these banks are international and when one part of them fail, it affects other parts.
The biggest problem is that we’ve never really caught back up with the ground we lost during the two years CV forced shut downs. Many things have played their part in bringing the world to the point where we are at currently.
I recall before CV thinking, “How would it be possible to recreate for the rest of the world what currently exists in China?” I didn’t really think it was possible at all because I thought the USA was simply too big for that. Well, I was obviously wrong. I didn’t count on CV and Marxist politicians who decided what was in our best interest only to learn that it wasn’t.
The trouble here is that even though much of society did quarantine, mask up, social distance and even took the EUA experimental gene-editing jab, we’re no better off today. In fact, there’s an excellent chance we are worse off because we are looking at a growing increase in deaths after vaccination (along with severe adverse reactions where those poor folks are probably wishing for death). The percentages of excess deaths in numerous countries appears to be staggering, yet politicians and medical “experts” continue to ignore it all in favor of pushing more vaccines.
Have you ever seen as many “sudden deaths” as the world is experiencing today? People performing on stage keel over dead. Teachers in classrooms reading to students cease to function. People in gyms doing what they’ve done for years falling over because their heart stopped. Folks driving their cars, experiencing a “medical emergency” and crashing. Coroners trying to tell us that they’ve never seen this amount of deaths and during the embalming process, are discovering cadaver after cadaver filled with long, thick, rubbery blood clots that they have to remove before they can fill those same veins with embalming fluid.
But because of CV, the world has changed and changed drastically, placed on a trajectory that will end in two groups of people - the lords and the serfs. We will likely see more illnesses (“pandemics”), and many more changes in society that are designed to bring in a new financial overhaul that is intended to force people to rely on a new digital system.
What we are seeing with banks is simply the next level of censorship and control. You can bet though that the rich will continue to get rich while the rest of us will become poorer because we do not have the power to overthrow those who seek to enslave and control us.
Some people are advocating removing your money out of the bank. Might be wise but who knows? If paper money effectively becomes obsolete (or pretty much without value as it did during the Great Depression), it may not do anyone any good whether it’s in the bank or in the safe in your home.
Tough times are ahead and I don’t see a white knight preparing to take down the elite, do you? Keep your head up, watch for changes and ask God for discernment. We will all need it.
[1] https://www.prophecynewswatch.com/article.cfm?recent_news_id=5956
[2] Ibid
[3] Ibid