Fiat Currency to Disappear by January 2023? All Bank Accounts Emptied? A reader ExplainsThu 3:18 pm +01:00, 23 Jun 2022 8
A reader writes to warn people about, what he/she believes is, the imminent removal of fiat currency: “fiat currency is to be removed as a medium of payment in January 2023, at the latest … When fiat currency is removed, all bank accounts will be zeroed … While several countries are doing what is necessary for the people … none of England, Wales, Scotland or Northern Ireland is, as yet, doing so.”
To The Exposé,
The truth about fiat currency: before it’s too late
I feel compelled to make the people aware of who actually owns ALL fiat1 currency, or debt, before it is too late. People hoard a worthless piece of paper in the belief that they own it. They categorically do not.
ALL fiat currency is owned by the central bank that printed it. The people have been given use – and only use – but NEVER ownership.
What most people don’t realise, is that ALL fiat currency is to be removed as a medium of payment in January 2023, at the latest. This time period was agreed upon by the Bank of International Settlements (“BIS”) and governments so that countries had sufficient time to set up their International Trade Bank and a subsidiary Commercial Bank which would allow people standing in the correct jurisdiction – Land and Soil – to claim the credit that has been deliberately hidden from them.
While several countries are doing what is necessary for the people of those countries before the January 2023 deadline, none of England, Wales, Scotland or Northern Ireland is, as yet, doing so.
When fiat currency is removed, ALL bank accounts will be zeroed out as a “bail-in.”2 This is actually the banks taking back their property.
So, here in England, the people are facing a frightening outlook of having zero means to pay for rent or mortgage, food, utility bills and medical bills in the very near future.
The thing that masquerades as an English government has no intention of making the people aware. To do so would leave the UK Corporate government unable to access the credit that belongs to every man, woman and child in this country.
There is a false perception that when peoples’ bank accounts are zeroed out the banks will compensate them. This agreement that banks have for a set figure only applies while fiat currency remains in existence. It will not apply after its removal.
Those that have savings or hoard debt money under the mattress have two choices:
- Turn that worthless paper into commodities that shall have value after the financial collapse.
- Or hold onto it and lose it all with nothing in return.
Twice the BIS has attempted to remove the fiat currency before the agreed January 2023 deadline. This action, if it had been successful, would have resulted in approximately 70% of the world’s population dying through starvation. After being hit with huge penalties for any lives lost, the BIS had no choice but to continue with the agreement.
These facts are pointed out to make people aware of the gravity they face through ignorance and the suppression of the facts.
Fiat currency is debt. A promissory note promising to pay a debt at a later time. A debt cannot be paid with debt. Nobody has ever paid a debt using fiat currency. Nobody.
A million of fiat currency in the bank accrues interest on a DAILY basis which is removed from the credit ledger that the banks deliberately hide.
While the prospect of having bank accounts zeroed out may be frightening for those with such sums of fiat currency in bank accounts, it is actually a good thing. It is debt, and nothing but debt, that is being removed.
Nonetheless, people need to grasp reality before the window of opportunity to prepare for the inevitable collapse closes.
The Antidote is Love
Note from The Exposé:
1 Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it. Most modern paper currencies are fiat currencies, including the U.S. dollar, the euro, and other major global currencies.
2 A bail-in is the opposite of a bailout. Bailouts help to prevent creditors from taking on losses while bail-ins mandate creditors to take losses.
“Technically, deposit holders [“Savers” for example, savings account holders] are the banks’ creditors,” Norbert Häring explained in a 2013 article discussing a planned levy on Cypriot bank savings.
Häring suggested that a small change with very wide-reaching effects would be to make deposits on current accounts, as well as securities, remain the customers’ property and cease to function as involuntary loans to the banks. “The payments system would no longer depend on the banks’ solidarity … [Savers] would be unaffected by bank bankruptcies, so that in case of a crisis, the state would no longer be forced to bailout banks just to safeguard the payments system.”
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Any advice from the better educated in these matters would be appreciated. Engineering City and Guilds never touched on Banking, though one of the teachers must have worked in a bank, as some lads called him a banker, at least I think it was banker.
“A reader writes to warn people about, what he/she believes is, the imminent removal of fiat currency”
So it’s merely an opinion piece. And it’s got NOTHING to back it up, nothing whatsoever [a bit like fiat currency then :-))]
This just seems like more fiat currency scaremongering to me. The basic facts about the nature of fiat currency in this article are ok. But these are not new facts, anyone who is awake knows about this
Most everyone that you tell about it doesn’t give a damn though, their eyes glaze over. Fiat currency depends entirely on psychology and common acceptance, never mind the lack of any backing. And just about EVERYBODY has a vested interest in BELIEVING in the con. Certainly anybody with a bank account that is not overdrawn
All bank accounts to be zeroed in January 2023? That is utterly ridiculous. If there is one thing that would cause an immediate revolution then it’s that. The owners aren’t stupid, far from it. What would they have to gain from that? They’d swing like Mussolini in short order
I agree to a certain extent with what you say Pete, but it does ties up with their “Great Reset Plan”, of people owning nothing and being happy about it! The actual date wasn’t given only that the Bank of International Settlements in Baal stated not later than January 2023.
Regarding uprisings, they would have already taken that into account. Probably with their plandemic experience, they will be emboldened to go for it. With all the adverse reactions to vaccines and with more people waking up, no sign of an uprising yet! They do know that the dam holding back a flood of truth is leaking badly will soon break and wash them away for good, hence the speed of implementing the proclamation one day after it. I suspect they are extremely nervous for they know their destiny is to be removed from the face of the earth. It’s better for us to be prepared than sorry!
Thanks newensign, I’ve got a few points in response
First, Central Bank Digital Currencies are the centrepiece of their Great Reset as I understand it. And CBDC’s are Fiat currencies, by definition. So how will fiat die in that case?
Second, their desire for an oligarch controlled Great Reset has surely taken a massive hit with recent events. They may be able to impose a GR on the 15% who live in the west. But everybody else, the other 85%, want a different reset it seems
The current fiat currency ponzi scheme is clearly not sustainable for much longer, something has got to give. Question is what to replace it with?
Either a Klaus Schwab type technocratic nightmare NWO Globalised oligarch totalitarian dictatorship?
Or a multipolar, sovereign nation, win-win, decentralised development programme for ALL of humanity as enunciated by Putin and Xi?
The 85% have made their mind up it seems. They won’t accept the nazi Schwab and his octogenarian oligarchs. And who can blame them? It’s not the oblivious, brainwashed, moronic, westerners that hold this key, it’s everybody else the 85%. And the 85% are far far more aware of the despotic and demonic Empire of Lies than most tame westerners are
I know that this all might be wishful thinking on my part but, hey, who the hell will back Schwab and his mad colleagues if they really understand their game plan?
Thanks Pete, I can see where you are coming from. While I still maintain you can’t have both side by side, you can still trade by barter. Slaves are not allowed money, hence the fiat non-money. I think they are planning to use a global income related to social credit ie if you are a good boy you will get full credit, but if you have been a naughty boy such as parking in the wrong place they will deduct points from you. Like supermarkets you will have to spend them in their shops. There is another factor to consider, if there is no food to buy, what use will gold and silver be?? Strange on the reverse side of the coin was to be engraved a view of Rome!!
Well, near anything’s possible, but as it’s from The Expose’ I won’t say anything except to cite a few urls which may interest UK readers:
Current (from 2014 and still applicable):
CBBD – Mark of the Beast – of course BoE will do it if they can:
BIS, the central banks’ central bank:
(and a ton of others on BIS’s website about CBBDs).
For audio the primary non-mainstream on the monetary system imo is Jared Howe / So to Speak
– his website seems broken apart from the donations page(!) https://jaredhowe.net/donate/ but the RSS is enought to find his stuff. NB as per the introductorry disclaimer on his podcast, foul language and ‘marginal’ topics beyond money are standard fare (and while lawful in USA, don’t chance rebroadcasting some of it in UK). MAY OFFEND.
* CBDC / Central Bank Digital Currency – nothing to do with cannabinoids! Just my fat fingers.
Never be so proud as not to listen to children.
10 year old explains the truth about where money comes from…