Read_885 The Great Taking [P4]
Bitcoin Audible
Intro
This chapter explores the Federal Reserve's influence on banking assets and draws parallels with historical bank closures during the Great Depression. It also shares a poignant tale of an elderly woman in China facing financial obstacles, emphasizing the potential future risks of fiat currencies and their impact on people's lives.
"Only the Federal Reserve System was designed to survive and take over all assets and banking activities. Only the Federal Reserve Banks and those selected and controlled by the Federal Reserve were allowed to reopen. The Federal Reserve was also indemnified by the government, i.e. the public, for any losses. And so, large-scale closure of banks and taking of bank deposits is not unprecedented. Holders of cash in banks are unsecured creditors, with no enforceable claim to their money. [...] All deposits and assets will be taken by the "protected class" of secured creditors. This is where it is going." ~ David Rogers Webb
Its time for the conclusion of "The Great Taking," In Part 4 we explore how the 1933 Bank Holiday wasn't a rescue, but a carefully orchestrated wealth transfer that created the template for today's coming collapse. With derivatives worth more than the entire global economy "backed" by comically unfunded FDIC insurance, and central bank digital currencies ready to replace the old system with absolute control, are we witnessing the final phase of the greatest theft in human history?
Check out the original article The Great Taking by David Rogers Webb. (Link: https://thegreattaking.com/read-online-or-download)
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