Cash Is No Longer King: The Phasing Out Of Physical Money Has Begun

 al-Qaeda, Bible prophecy, End Times, GLOBAL ECONOMY, New World Order, One World Government, QE  Comments Off on Cash Is No Longer King: The Phasing Out Of Physical Money Has Begun
Dec 102016
 

blockchain

Zero hedge: As physical currency around the world is increasingly phased out, the era where “cash is king” seems to be coming to an end. Countries like India and South Korea have chosen to limit access to physical money by law, and others are beginning to test digital blockchains for their central banks.

The unprecedented collusion between governments and central banks that occurred in 2008 led to bailouts, zero percent interest rates and quantitative easing on a scale never before seen in history. Those decisions, which were made under duress and in closed-door meetings, set the stage for this inevitable demise of paper money.”

Opinion: The blockchain is seen as the main technological innovation of Bitcoin, since it stands as proof of all the transactions on the network. A block is the ‘current’ part of a blockchain which records some or all of the recent transactions, and once completed goes into the blockchain as permanent database.

If that sounds to you like an economic twilight zone you are in good company.

Mario Draghi, the European Central Bank president, threw fuel on the soaring stock market this past week with this headline in the UK Guardian: “Markets soar as ECB extends QE programme until December 2017″.

Socialism has so weakened the economies of the EU that it did what former PM Thatcher said it would do: run out of other people’s money.  So to keep the party going, Mario( the dragon), keeps filling the punch bowl with an addictive cocktail loaded with stimulants called QE, printed money.

One hedge fund manager remarked: “More methadone is not going to help, a form of cold turkey [is] needed, but no central bank is going to do that,” he added. He warns governments’ debt-to-GDP levels have risen.”

The markets love it. Interest rates will stay at zero or lower and the banks will be stuffed with phony money. It is hard to wrap one’s mind around the idea that while stocks and real estate prices keep rising the value of money is decreasing because of new money being created.

The hope in the US financial markets is that Trump-onomics will magically solve the problem with massive economic growth due to a rollback of the economically destructive policies of the past eight years.

The amazing thing about this is that with all the talk of the demise of paper money and the potential for a global Venezuela style hyper-inflation, there is no talk about the prophecies that were written over 2000 years ago:

The Rider on the Black Horse (Rev 6:5-6) says it will take a day’s wages to buy a day’s food (hyperinflation), but the rich (represented by oil and wine) will not feel the pain until after the mid-point of the 7 year tribulation, as described by James 5:1-6:

Come now, you rich, weep and howl for your miseries that are coming upon you! Your riches are corrupted, and your garments are moth-eaten.  Your gold and silver are corroded, and their corrosion will be a witness against you and will eat your flesh like fire. You have heaped up treasure in the last days.  Indeed the wages of the laborers who mowed your fields, which you kept back by fraud, cry out; and the cries of the reapers have reached the ears of the Lord of Sabaoth. You have lived on the earth in pleasure and luxury; you have fattened your hearts as in a day of slaughter. You have condemned, you have murdered the just; he does not resist you.”

Once cash is abolished and a single currency established, the final dictator will be in control of the global economy:

“He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.” Rev. 13:16-17

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How the Islamic State Seized a Chemical Weapons Stockpile

 al-Qaeda, Iraq, ISIS, National security, New World Order, Syria  Comments Off on How the Islamic State Seized a Chemical Weapons Stockpile
Aug 192016
 

When jihadists captured a Syrian military base, they found a cache of some of the world’s most dangerous weapons buried in its bunkers. In Part II of an exclusive series, an Islamic State member explains how they eventually fell into the hands of the self-styled “caliphate.”

Try to imagine being in a movie theatre and the paragraph above appears on a dark screen. At the bottom of the screen are the words:

The story you are about to see is true, based on testimony from an ISIS fighter who still fights for the Caliphate.

Foreign Policy Magazine: Since its creation, we have learned about the Islamic State from its enemies. Its story has largely been told by those fighting the group in Iraq and Syria, traumatized civilians who have escaped its brutal rule, and the occasional defector. That is about to change. This is the story of Abu Ahmad, a Syrian operative for the Islamic State who witnessed the group’s lightning expansion firsthand and spent months among its most notorious foreign fighters.

In this series of three articles, he provides unique insight into how Abu Bakr al-Baghdadi’s political scheming paved the way for its expansion into Syria, al Qaeda’s efforts to stem the group’s rise, and the terrifying weapons in the arsenal of the self-proclaimed “caliphate.” Some names and details have been omitted to protect Abu Ahmad. Read part one here.

 

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In Syria, Obama-backed “Rebels” Battle Obama-backed Militias

 al-Qaeda, anti-Semitism, End of the age, GEO POLITICS, God, Iran, ISIS, New World Order, Russia, Syria  Comments Off on In Syria, Obama-backed “Rebels” Battle Obama-backed Militias
Feb 152016
 
In Syria, Obama-backed “Rebels” Battle Obama-backed Militias

The New American: Further illustrating what would at least appear to be the incredible absurdity of what passes for U.S. government “foreign policy,” Sunni jihadist “rebels” in Syria backed by al-Qaeda and the Obama administration have been battling against Shia militias that have also been backed by Obama. Both sides are fighting with American weapons,

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Dec 162015
 
FBI Chart Connects CAIR To Hamas

Breitbart: “An FBI chart has surfaced depicting connections between the Council on American Islamic Relations (CAIR) and the Palestinian terrorist group Hamas. Obtained by the Investigative Project on Terrorism (IPT) via a Freedom of Information Act (FOIA) request, the chart shows CAIR falling under the umbrella of the jihadi outfit. This FBI chart details the

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Dec 102015
 
Ex-Gitmo Detainee Now an Al Qaeda Leader in Yemen

The Long War Journal: “Al Qaeda in the Arabian Peninsula (AQAP) released a new video featuring a former Guantanamo detainee, Ibrahim Qosi, who is also known as Sheikh Khubayb al Sudani. In July 2010, Qosi plead guilty to charges of conspiracy and material support for terrorism before a military commission. His plea was part of

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Time for Huma Abedin to Come Out of the Shadows

 al-Qaeda, End Times, Hamas, Israel  Comments Off on Time for Huma Abedin to Come Out of the Shadows
Jun 202015
 
Time for Huma Abedin to Come Out of the Shadows

Front Page Mag: “Huma Abedin, Hillary Clinton’s longtime confidante, is currently the vice chair of her 2016 presidential campaign. “I’m not sure Hillary could walk out the door without Huma,” Clinton adviser Mandy Grunwald said back during the days of Hillary’s first run for the presidency. Huma and Hillary are inseparable, including having been linked

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