
The End of Cash? A Pandemic is as good an excuse as any
Cash has been the target of the banking and financial elites for years. Now, the coronavirus pandemic is being used to frighten the masses into accepting a cashless society. That would mean the death of what’s left of our free society. CBS News, CNN, and other mainstream outlets are fearmongering again. Alarmism is nothing new in the media world, but this time, it’s not about triggering panic buying or even pushing a political agenda. The war on cash is about imposing a new meta-narrative. As economist Joseph Salerno explains, the cashless society forces all payments to be made through the financial system. It doesn’t end with monopoly control over transactions, though. Being bound to computers for transactions kicks the door wide open to hardcore surveillance of personal activity and location data. Being eternally on the grid means relentless taxation and negative interest rates, which the Federal Reserve is already gearing up for. None of this bothers the well-heeled boosters of a cashless society or their lackeys in the media. They want Americans reading about the threat of coronavirus cooties on their cash, which is absurd. Germs, of course, can loiter all over credit and debit cards, smartphones, ATMs, and every other cash alternative device. Too bad implanted microchip technology isn’t further along, the banksters must be thinking. In another CNN article, readers are practically shamed for withdrawing cash to save during a crisis. Every sentence, every word, every letter of the article is nuts. It begins by reassuring the reader that their bank account is insured by the Federal Deposit Insurance Corporation (FDIC). There’s no mention of moral hazard from CNN. The fact that the federal government guarantees every bank account up to $250,000 encourages reckless financial and banking behavior. Not worth mentioning, CNN? Prior to the end of World War II, there were $500, $1,000, and $10,000 bills in wide circulation. This cash was dissolved by the Federal Reserve in the name of fighting organized crime. This same argument is now being made against $50 and $100 bills by Harvard economics professor Kenneth Rogoff. In the Wall Street Journa , Rogoff also wrote that a cashless society would offer such benefits as “greater flexibility for the Federal Reserve to stimulate the economy when necessary.” He wrote those words in 2017. And these too: “The Federal Reserve should be able to implement negative nominal interest rates vastly more effectively in the absence of large bills, which could prove quite important as a stimulative tool in the next financial crisis.” Prophetic. And indeed, negative interest rates would require the assistance of outlawing cash, so that banking customers don’t cheat by simply drawing out on their accounts. Pardon the pun, but it’s absolutely sick how COVID-19 is being used now as a launching pad for this cashless agenda. There’s nothing to fear about using cash during this time of social distancing. Wash your hands after handling cash, but don’t give up your moolah. Preserve your health, your privacy, and your liberty. Nick Note: it will become harder and harder to spend CASH! I warned you over a year ago. In Europe and England you cannot spend cash. Its racing its way to America. Let me show you how to get a offshore cashless vault in your pocket. Warrning its already near impossible to spend gold and silver and it will get far far worse. A Pandemic is a terrible thing to wast
Dow jumps over 600 pts in continued rally
The Dow Jones Industrial Average jumped more than 600 points Tuesday morning to kick off earnings season before paring gains midday, as the coronavirus stock market rally continues. Dow Jones stock Apple rose 4% to test a key level. The Nasdaq composite advanced 2.9% in midday trade Tuesday. Nick Note: My position is well documented.. this will be the greatest stock market rally ever!
Some Neat Tricks to Disenfect Your Fruits and Vegetables
Nick Note: Ozone (O)3 is my preferred way to disinfect. We also use bleach solutions and alcohol. Unfortunately this does not work for everything. SO here are some simple household solution for your fruits and veggies. While you can still get them
Kashkari Says U.S. May Face 18 Months of Rolling Shutdowns
Without an effective therapy or a vaccine for the novel coronavirus, the U.S. economy could face 18 months of rolling shutdowns as the outbreak recedes and flares up again, Federal Reserve Bank of Minneapolis President Neel Kashkari said. “We’re looking around the world. As they relax the economic controls, the virus flares back up again,” Kashkari said Sunday on CBS’s “Face the Nation.” Kashkari is a voter in 2020 on the Fed’s policy-setting Federal Open Market Committee.
“We could have these waves of flareups, controls, flareups and controls until we actually get a therapy or a vaccine. I think we should all be focusing on an 18-month strategy for our health care system and our economy.”
Unemployment has skyrocketed in the U.S. over the last few weeks as state and local governments have ordered businesses to close their doors in a bid to contain the spread of the virus.
© Bloomberg Filings for U.S. unemployment benefits post third straight week in the millions
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said Sunday on CNN’s “State of the Union” that a partial reopening of the economy could possibly begin in May, but cautioned that the outbreak could flare up again in the fall. Kashkari warned that “this could be a long hard road that we have ahead of us until we get either to an effective therapy or a vaccine.” “It’s hard for me to see a V-shaped recovery under that scenario,” he said. The U.S. central bank has responded aggressively to blunt the effect of the coronavirus pandemic on the U.S. economy, launching an unprecedented range of emergency programs to support as much as $2.3 trillion in loans and slashing interest rates to nearly zero.
“We’re always looking for things where if we have a tool to be able to do it, and if we think it’s needed, we’re going to do it,” she told an online forum hosted by the City Club of Cleveland. The economic pain is already severe. Almost 17 million people have filed for U.S. unemployment benefits in the last three weeks, implying a jobless rate of around 13% or 14%, with output in the second quarter expected to shrink sharply. Fed Chairman Jerome Powell on Thursday cautioned that the slowdown was striking with “alarming speed” and that unemployment would temporarily hit very high levels. Nick Note: Michael Angelo believed in the shadows. I in a different time believe in the pump the Central banks money pump. Both the shadows and the pump refer to two things. One the power of the shit heads in charge. AND the stupidness of their thinking. Obviousness the pope was wrong about the earth being the center of the universe and being flat. For that matter the English Doctores were wrong. During the Great Plague in 1665 they ordered the killing of all cats The killing of cats and dogs, which were thought to carry the plague. No cookie it was the rats that were carriers and they infested the cites now that their natural predators were killed. In our time myths abound. And mistakes are many. But the biggest mistake ever besides ending Quarantines to soon is this incredible pumping of money. Capitalism and the free enterprise system as we know it has ended. Government will capitalize and be a partner in every business that knows how to hire a lobbyist and pay off a politician from Boeing to the zzzzzz restaurant. The initial public offering will be replaced by the Initial Political payoff! I have long ago ceased to care how the stupids that rule the world will fuck things up. I had a epiphany decades ago and decided to make money off of the insanity for me and my members and stop charging windmills. I sassed the risks, how the idiots would react and laid out my. strategies in great detail. I am happy to report we have guessed lucky again. For the record the biggest stock market rally and economic upswing ever is about toi happen. All bought to you by the most incredible pumping of money ever. After the biggest spending orgy every. Look out below the coming wipeout in 2 years will give you NEGATIVE -22% FED FUND RATES……
Leaders seize new powers to fight coronavirus, fears grow for democracy
BRUSSELS – France and Bolivia have postponed elections. Peru handed its president broad new legislative authority. Israel sharply ramped up the reach of its surveillance state. While leaders around the world fight the spread of the coronavirus, they’re amassing sweeping new powers. As legislatures limit or suspend activities in the name of social distancing, many of the norms that define democracy – elections, deliberation and debate, checks and balances – have been put on indefinite hold. The speed and breadth of the transformation is unsettling political scientists, government watchdogs and rights groups. Many concede that emergency declarations and streamlining government decision-making are necessary responses to a global health threat. But they question how readily leaders will give up the powers they’ve accrued when the coronavirus eventually subsides.
“This is a situation where it’s far too easy to make arguments for undue interference with civil rights and liberties,” said Tomas Valasek, a Slovak lawmaker.
The country that has attracted the most notice for a lurch away from democratic reforms is Hungary, which last month handed Prime Minister Viktor Orban near-dictatorial powers. Orban was already facing the prospect of sanctions from the European Union over concerns that he had packed courts with loyalists, closed down opposition media outlets and changed the country’s constitution to ensure that he remains in power. The new measure gives him authority to legislate by decree, free from parliamentary oversight, for as long as he deems necessary to fight the coronavirus, and it imposes steep penalties for spreading “false information” – a step critics fear will be used to further impede the opposition. But even countries with robust traditions of freedom and dissent have imposed measures nearly overnight that under other circumstances would look more familiar in an authoritarian state. In Belgium, authorities have requisitioned cellphone companies’ location tracking data to make sure people are not straying too far from home. Police checkpoints on major streets monitor what the phone companies miss.
“It doesn’t just take the despots and the illiberals of this world, like Orban, to wreak damage,” said Valasek, who has been involved in negotiating Slovakia’s pandemic response. “We need to make sure that we don’t go a single inch further than absolutely necessary in curtailing civil liberties in the name of fighting for public health.”
Past moments of extreme anxiety have given rise to measures that long outlived the crisis they were imposed to address. After the assassination of President Anwar Sadat in 1981, for example, Egyptians lived 31 more years under a state of emergency that granted the government sweeping security powers. The state of emergency declared in France after terrorist attacks in November 2015 remained in place for two years – and was ended only after many of the surveillance powers it enabled were made permanent. And in the United States, the 9/11 attacks led to emergency measures that persist to this day. The detention center in Guantánamo Bay is still open. Targeted drone killings continue. Under the Patriot Act, mass surveillance is still possible.”September 11th is the appropriate analogy,” said Kenneth Roth, executive director of Human Rights Watch. “We had a fearful public that was willing to countenance a government that was taking steps that undermined civil rights and were difficult to reverse over a long time.”I fear that we’re entering a parallel period.”Pandemics present unique challenges to societies that depend on the free movement of people and information. Tracking contagion requires wide surveillance. Social distancing means parliaments cannot meet to vote. Protests can’t take over public squares. Campaigning and even elections come into question. Many leaders have now seized broad powers to place their citizens under surveillance. In Israel, the cabinet bypassed parliament to approve an emergency measure that allows the government to use the cellphone location data of suspected coronavirus patients to make sure they adhere to quarantine rules and to notify people with whom they may have been in contact. In South Korea, a raucous democracy, extensive contact tracing previously used mostly as a counterterrorism technique helped authorities reconstruct webs of people who might have been exposed to the coronavirus and quickly clamp down on its spread. Nick Note: The masses gain freedom with the edge of a sword or the bang of a bullet AND lose it with the stroke of the pen! Sorry about that!
REVEALED: U.S. government gave $3.7million grant to Wuhan lab
This is the Bio research facility at the center of coronavirus leak scrutiny that was performing experiments on bats from the caves where the disease is believed to have originated
https://youtu.be/qv1f0TaGdlI
- The US National Institutes of Health, a government agency, awarded a $3.7million research grant to the Wuhan Institute of Virology
- The lab is the center of several conspiracy theories that suggest it is the original source of the coronavirus outbreak
- The institute experimented on bats from the source of the coronavirus
- They were captured more than 1,000 miles away in Yunnan
- Sequencing of the Covid-19 genome has traced it to bats to Yunnan’s caves
- The U.S. government funded research on coronavirus transmission in the lab over the past decade
The Chinese laboratory at the center of scrutiny over a potential coronavirus leak has been using U.S. government money to carry out research on bats from the caves which scientists believe are the original source of the deadly outbreak. The Wuhan Institute of Virology undertook coronavirus experiments on mammals captured more than 1,000 miles away in Yunnan which were funded by a $3.7 million grant from the US government. Sequencing of the COVID-19 genome has traced it back to bats found in Yunnan caves but it was first thought to have transferred to humans at an animal market in Wuhan. The revelation that the Wuhan Institute was experimenting on bats from the area already known to be the source of COVID-19 – and doing so with American money – has sparked further fears that the lab, and not the market, is the original outbreak source. Lawmakers and pressure groups were quick to hit out at U.S. funding being provided for the ‘dangerous and cruel animal experiments at the Wuhan Institute’. Nick Note: You can waste your life on these consiparcy theories. No one creates a virus to ruin their economy. So its a monster that escaped the lab, SO SO what difference does it make NOW. Instead of wasteing your life on things you can not change concentrate on what you can do. Like trade the shit out of the pannice and make sure monkey soup from a biolab doeas not kill you. ANd let the dead broke blog assholes waste their lives with the who done it bullshit!
A Dark Cloud Casts its Shadow Over the Earth

Nick Note: This is definitely a situation that will get worse in Europe and the USA before it gets better. In Asia they are coming out of quarantine. The factories are switching back on. And predicable people are spending money making up for lost time. Remember 1,2,3 Three months to the time they set the captives free! And then its zoom, Zoom, ZOOM!
Verizon Down Again in Major Cities

Oil turns positive, rises nearly 5% on OPEC+ deal
The world’s top oil producers pulled off a historic deal to cut global petroleum output by nearly a 10th, putting an end to the devastating price war between Saudi Arabia and Russia. John Paisie, president of Stratas Advisors, discusses how the agreement will affect affect prices and demand. He speaks with Haidi Stroud-Watts and Shery Ahn on “Bloomberg Daybreak: Australia.” Nick Note: As we expected, so stated and traded!