Davos Elite Desperately Want A Cashless Society – But Crash May Come First!

Josh Sigurdson talks with author and economic analyst John Sneisen about the recent meeting in Davos for the World Economic Forum where globalist world leaders, bankers, economists and business leaders are meeting to discuss the economic transformation of the world and in their eyes, the necessity for people to bend over to a massive financial global order.

Everyone from Modi and Trudeau to Merkel and Christine Lagarde are calling for more global unity which is code for global governance. Financial elite like Kenneth Rogoff (author of ‘The Curse of Cash’, an economic adviser to the Federal Reserve and member of the CFR) and Jes Staley (CEO of Barclays) are concerned about complacent markets not unlike 2006, something we at WAM have been talking about for quite some time, but what’s shockingly absurd but not at all surprising coming from these men is their hope for a cashless society which would literally repeat the problems on a centralized digital scale, forcing everyone in servitude to the banks via legal tender laws.

As Staley said,
“We’ve got very little capacity in the capital markets to deal with a real move in interest rates.”

Well much like Sweden who lowered interest rates into negative territory and went cashless for the most part, a similar brush with financial ruin may come upon our doorsteps as well. The Federal Reserve is desperately attempting to raise interest rates so they can drop them out when the innevitable crash occurs. However, from 2008 to 2012, interest rates were dropped 5.5%. The drop out would be much higher this time around and there’s no room for it about zero. We will see negative interest rates. So where do you think the monetary system would go? Cashless.

Just as Nobel Laureate Joseph Stiglitz demanded in Davos last year…

The problem is, the impact of the world reserve currency crashing would be so enormous that there’s a good chance the whole system world wide would go down and people would rise up, so for that reason it appears that the financial elite are desperately trying to push the cashless system forward BEFORE the crash.

We are not talking about decentralized Bitcoin. We’re talking about a legal tender currency likely routed through the SDR at the IMF which is based in debt, out of control circulation, centrally planned and teamed with bail in regimes restricting individuals from taking their non-existent money out of the bank. Look at it this way, if youre money’s in the bank, it’s not your’s, it’s the bank’s. If your money’s always going through the bank via legal tender laws and digital transactions, it’s never your money. It’s always the bank’s. You are therefor in perfect servitude to the banking system.

Looking at the US M0 chart, it’s clear there’s already a move being made. With the power shift to China and India, there’s even more evidence that this trojan horse will soon consume us. That’s why we must learn to be self sustainable, financially responsible and educate ourselves and those around us. It’s imperative to our very monetary survival. It’s imperative to our very freedoms.

Stay tuned for more from WAM!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Thore Stub Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

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World Alternative Media
2018

“Find the truth, be the change!”

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29 Comments

  • Stone Age
    Reply

    Gladly go to a cashless society – Bitcoin, Litecoin, BitcoinCash, Ether, Doge, hundreds of options without having the government in your face. The future of money is decentralized block chain.

  • Annie's Channel
    Reply

    Been the goal for ages…heard all this back in the 80’s n has always moved forward..nothing we can do since it is written…the era is written n the end of the book is here. Can’t fight the force but you can get on the winning side. Pray for peace of Jerusalem n prosper.

  • Milanoh BRL
    Reply

    Ironic picture indeed, couple of clowns protected by empty heads paid for them slavery by paper which those clowns can print as much as they want !!

  • Danibolical 1
    Reply

    Well, they are playing the block chain like a fine piano string ever since they got futures markets for bitcoin. Cashless would be the WORST THING EVER FOR THE HUMAN RACE.

  • royce davis
    Reply

    The “mark of the Beast” is, of course, a cashless society worldwide. But gold and silver will not be of value as the Holy Word (Christian Bible) tells us that people will be throwing their gold and silver into the streets (as worthless commodities). The cashless society that the world is moving to is one of allegiance to a system that’s controlled by a block of nation’s which determines if a person is acceptable to exist (live). It’s called the “Beast System” that requires a “mark” in the right hand or forehead, meaning a person will swear complete allegiance to the beast system in that his every though process and every movement will be to the betterment of that worldwide system of monetary and physical control. Accordingly, the Beast System will consist of a “United States of Europe” with Germany at the head of ten other nations who will have given up their sovereignty in order to meld with the beast. This is much like what we are witnessing in Europe today where 28 members nations are in place. When the UK succeeds, there will be only 27 nations making up the European Union. But according to Holy Scriptures, all others but 10 (excluding the head of the Beast, Germany) will also leave the EU. This is soon to happen and it will happen quickly. Keep your eye on Germany’s military and sea-faring buildup.

  • Meteor Hammer
    Reply

    A cashless society sounds great, however their must be a currency or reward for effort. A good replacement, while not feasible is knowledge, resources and technology.
    However without a currency to trade on the global market, that cashless idea will always be outbid by corporations with investors.

  • misterrobotoC
    Reply

    YOU SAY THE SKY IS FALLING BUY SHELTER FOOD RESOURCES BUT ALSO GIVE MONEY TO YOU hahaha ummm no. If the skyvis falling which it is not then I would logically use my money on buying emergency supplies

  • swordoftruth
    Reply

    We want a Davos Elite-less Society !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! If enough of us simply state we DO NOT CONSENT to their system or authority they will need to back off. Consent means everything. By humanities foolish and lazy, absentminded and uninformed consent we have the reality we do.

  • Jane Reynolds
    Reply

    The gold was not stolen it was taken from people and the people received money at the market rate for gold at the time. Please do not peddle incorrect facts.

  • Nomad Wizard
    Reply

    LMFAO…’they’ know exactly what ‘they’ r doing….don’t make urself appear stupid by saying ‘they’ don’t know what ‘they’ r doing.

  • Nomad Wizard
    Reply

    Yup, we r still good for 3 to 7 yrs. “they’ want to squeeze ALL the money out of the Sleeple Sheeple. ‘They’ will do it thru the markets, pushing them sky high, including the cryptos, then when ‘they’ have almost everything ‘they’ will pull the plug. If u guys don’t think ‘they’ have it ALL worked out for after the crash, including the cryptos, u r deluding useless.

  • ercw007
    Reply

    Hey Josh why not give John his own hand held microphone? It appears to me you are trying to stifle free speech. Your broadcasts now seems a little too controlling, much like the behavior of the entities you so often talk against. Just an observation.

  • Josiah R
    Reply

    You guys have great intentions, but look through the comments section and it’s obvious you’ve got largely conspiracy based following. “Strip away money from someone and what you’re left with is their inherent wealth.” Even without any form of currency people have, many times in history, used their skills and ability to network to form trading networks. That foundation didn’t disappear. In fact it’s the focus on abstract things like money or even gold which likely altered our predisposed cognitive modeling which is what is playing out now. In simple terms people have over domesticated themselves, which altered our genetic material. The results are entertaining if you’re willing to read between the lines. This is merely a stage which our species will either outgrow or die off like 99.9999999+% of all life has. However, I prefer the former.

  • Jamshed Sajjid
    Reply

    Love the channell but Josh why that deep blank stare all the time like you’re trying so dang hard not too blink. I’ve studied film acting for 20 years and can tell you’re trying way too hard LOL just be yourself – blink a little – GREAT works guys!

  • Jamshed Sajjid
    Reply

    Jake they DO UNDERSTAND – they just don’t follow the Free-market ways – they know exactly what they’re doing for their benefit.

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