It is highly unlikely that the United States government will be able to effectively roll out its planned central bank digital currency (CBDC) because in order to maintain it and keep it functional, there needs to be plenty of workers to maintain it – except those workers are either too sick to continue working or are already dead due to Wuhan coronavirus (COVID-19) “vaccines.”
(Article cross-posted from Natural News)
The situation is tragic both for the human lives lost and for the U.S. economy, which will eventually collapse under the weight of too many broken systems and not enough employees to fix them and keep them going – so what will become of things once that critical threshold is breached?
Portfolio manager Ed Dowd appeared on the “Health Ranger Report” this week to discuss this pertinent issue, and to reveal what he believes could end up replacing a nationalized CBDC.
Since there are so few competent and available workers to maintain a CBDC at the nationwide level, Dowd believes it entirely possible that states could end up launching their own individual currencies.
“If this gets super creepy and weird, there’ll be states that break off, civil war, you know, you’ll have, like – during the Civil War, we had Confederate money – we’ll have different entities issuing their own money,” Dowd explains around the 13:45 mark in the below video – be sure to watch.
“That’s where we’re going eventually. There are going to be black markets, barterer, work trade.”
(Related: Check out this earlier interview with Dowd in which he unpacks in further detail the devastating economic implications of all the covid jab injuries, disabilities, and deaths.)
The only money that will be worth anything in the future is the kind that’s backed by SOMETHING
The coming financial collapse, by the way, would not be possible to the degree that it will soon occur – and boy is it going to be massive – were it not for the fact that the U.S. dollar is a Federal Reserve Note issued by private bankers who pegged it to nothing.
There is quite literally no end to the amount of U.S. dollars that can be printed endlessly to fund wars and other globalist activities, which is exactly what has been happening ever since the Federal Reserve was created back in 1913.
The rate at which the dollar is being diluted into oblivion is constantly speeding up, of course, and only in the past several years has it really become apparent just how much up poop creek this country really is, financially speaking.
The Health Ranger told Dowd that he actually hopes the state of Texas, where he lives, will launch its own state-level currency to prepare for the future. He says it can be backed by oil, gold, food, whatever, and ultimately hold more value than the worthless U.S. dollar.
“I would love to see Texas issue its own currency … if it were backed by … anything that’s real, versus this money-printing madness in D.C. and the Federal Reserve – another trillion here, another trillion there, another $100 billion for Ukraine, but nothing for the U.S. border?”
“Any kind of honest ledger would be better than what we have right now where our purchasing power is just stolen from us every single day.”
In Dowd’s view, it all depends on just how “kooky and weird” things become in the coming days. With a fake puppet “president” occupying the White House and a completely divided country, there really is no telling how dire things will get.
The latest news about the coming-soon collapse of the U.S. and Western economies can be found at Collapse.news. Sound off about this story on our Economic Collapse Substack.
Sources for this article include:
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
More malfeasance. More CONSPIRING. Just END THIS MESS before us poor folks get burned even more.
Hmmm…I wonder how far I could make $190,000,000,000 go to help my fellow Americans?
Oh Shit, I can’t. IT WAS STOLEN BY FOREIGN ENEMIES because our government is filled with nerds and conspiring pukes that HATE REAL AMERICA and REAL AMERICANS…and ‘they’ ARE IN OUR GOVERNMENT NOW! They send out the checks to ANYONE just to get through their ‘tough’ work days…AND WHEN WILL THE ‘BORROWED’ THREE TRILLION DOLLARS BE PUT BACK INTO SOCIAL SECURITY? When?
USA today = C O R R U P T I O N. DESPICABLE.
The fly in the ointment of course is that the NWO cuckpuppets who were installed in governorships, da’s, and other positions of influence are seemingly(at this point) the only ones who could establish new State currencies. So I guess if they want a personal visit from a R0thschild this’d be a great way to do it. Oh, he doesn’t travel solo naturally…the armed coercion goon/demons will be sitting in.
“Hey governor Kemp, The people of our state could really front run the economic collapse by establishing a state scrip. Whadda ya say”. We’d be willing to let your traitorous activities heretofore, most especially the rigging of the election 2020, fade into obscurity. Let bygones be bygones as it were. No? What’s so funny? Wipe those laughter tears off your face..you look like an ass.