By Dee McLachlan
On Saturday I spoke to Greg Buck about negative interest rates (see video below). He always has a twist for the future — and said one day, when interest rates are so negative, “you’ll be penalized for paying your bills on time.”
Back in 1969 Dr Richard Day (who worked for Planned Parenthood) gave a lecture to medical students in Pittsburg. He disclosed a long list of “future developments,” to young physicians. Dr. Lawrence Dunegan’s recollections of the lecture are on Gumshoe here.
But these are worthy to note:
- “One statement was, “Inflation is infinite. You can put an infinite number of zeros after any number and put the decimals points wherever you want”, as an indication that inflation is a tool of the controllers.”
- “The ability to save would be greatly curtailed. People would just not be able to save any considerable degree of wealth.”
- “People would be encouraged to use credit to borrow and then also be encouraged to renege on their debt so they would destroy their own credit.”
- “…and then the next step would be to replace the single card with a skin implant.”
- “increased taxes or other regulations… would be detrimental to home ownership and would be acceptable to the majority”
This was all in the planning before 1969.
Greg Buck’s video:
One has to wonder if the plan of negative interest rates is designed to eliminate everyone’s wealth.
What is society going to look like in 30 years?
A population made up largely of renters — controlled by quick-scan monetary-devices in a privatized-user-pay system, and where your “value” is determined by your “debt creation” status?