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Re: wow_happens28 post# 42

Saturday, 09/02/2023 8:58:46 PM

Saturday, September 02, 2023 8:58:46 PM

Post# of 98
>> will want to use a financial crisis to get new legislation through or, probably closer to 2030, a new world government <<

There's an ex Blackrock guy (Ed Dowd) who thinks they'll use a crisis to ensure that the CBDC gets adopted. It makes sense they might do that, since the CBDC is so pivotal to their long term control grid goals. But deliberately inducing a crisis could be very risky since the Fed's 'toolkit' for dealing with crises is already depleted, and will be even more so as the de-dollarization process accelerates over the next several years. With a rapidly weakening dollar, the Fed won't be able to do ZIRP / QE like they did after the 2008 and 2020 crises. So deliberately inducing a crisis would presumably be their highest risk 'nuclear option', and only used if the CBDC adoption is being fatally derailed by opposition.

But with another puppet President in place soon, the CBDC adoption might sail right through without a problem. There are some in Congress who are making noise against the CBDC, so we'll see if opposition grows enough to cause a problem. Dowd's thesis however, was that the CBDC would be used as the 'solution' to a big crisis. He said his general timeline was for a crisis in 2024, but he said that months ago during the banking turmoil, so not sure if he has revised the scenario or not.

But.. there's always something to worry about these days, which is why I only have a 20% stock allocation. Once the de-dollarization process really gets rolling, holding bonds and cash will also become problematic. So a tough time to be an investor, and probably even tougher as time goes on. But we 'might' be entering a brief interlude period of a year or two. Or on the other hand, that might be wishful thinking.



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