Home Finance Savings, Bonds, Negative Interest Rates and “Investments”

Savings, Bonds, Negative Interest Rates and “Investments”

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negative interest rates2

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?

 

 

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25 COMMENTS

      • When I lived in New York City in the 1970s and the subway fare was 50 cents, we used to say — to anyone who propsed a good idea — “That and 50 cents will get you a ride on the subway.”

        Meaning, nobody will pay you for good ideas. So if your coin is US 50 cents, Terry, maybe it — along with the additional fare of about 4 bucks these days — will see you off to Midtown.

      • I’ve asked the above question to a number of people about the Australian 1966 50 cent coin and they’ve answered – “50 cents”.

        I would then say, “but it contains 80% silver” – almost to a person the reply would be – “so?”

        I then would ask, “if the 50 cent coin was made of gold would it make any difference?” – “nope” or a more cautious “I don’t know”

        Years ago I used to give occasional speeches on economic issues and investing – it was a total waste of time, probably worse than discussing 9-11.

        I’m sure Greg Buck has seen his fair share of glazed over eyes.

        • Some know the present value of metal in a coin. I was quoted $400 for one gold sovereign by a dealer last week. His jar of old threepences is interesting at about $3.00 each.
          My old Crowns might even provide for my nursing home?

        • Which Crowns, the ones in your jar or the ones in your jaw?

          It’s extraordinary that people can think of DEBT as wealth. Get a big house and a BIG mortgage, get a new car with a loan, get a vacation with a credit card debt, get….

          Crikey, debt as wealth – the deeper in debt they get, the richer they think they are.

          This is not going to end well…

        • The scam with tungsten bullion bars coated in gold were, I think, firstly located in Australia about a decade ago. Heaps have turned up over the world since.
          Caveat emptor!

  2. My previuos attempt went into the glitch blackhole …… again.
    But I did take a photograph of what was submitted. I will try again with some additional information, but this time only post a paragraph each time to monitor any success.
    Part 1.
    The move is on internationally to ban cash. In the Netherland as an example , over the next few years. France limits cash transaction to 1,000 euro and the 500 euro note is to be phased out
    The excuse? Well terrorists use cash!!! (Note the reference to the use of terrorism by governments per Dr. Day. Para 97 of Day’s address logged here ar GS.

    • Part 11.
      Clearly the globalist corporate and banker intention is to secure authoritarian control of the future serfs. That being accomplished by the fascist control freaks to force everyone to have all financial transactions recorded in a bank data base. By that means they can monitor all financial activities by people and determine their lifestyles and interests, plus personal habits.

      • Part 111.
        Negative ‘interest’ rates have been introduced. That is silly and contradictory terminollogy. It is a financial data recording fee or bank tax. But the msm keep using the “interest’ terminology to blind side the public.
        If the public thinks they have an account with their bank, they are wrong. The term account was planned to be replaced with a ‘investment’ with the bank. Thus when the shtf people’s ‘investments’ are down the order of creditors to be paid, if at all.
        Some are misguided, they think the money in a deposit at a bank is theirs. It is not, when given to the bank tbe bank owns the money and can do what it likes with it ……….. as they gamble on trillions of derivative transactions for example. I presume that readers are are aware of bank bail outs as distinct to bank bail ins. If not look up Cyprus and Greece.
        Regulations commenced 1.1.16 in Europe for bank bail ins. Simply done by altering a customer’s data record of an amount owing by the bank to the customer creditor !!!! Just reduce tne amount as recorded as owed to the customer and/or assign it to some bonds or shares of the bank.
        Readers should examine the latest acquisition by Goldman Sachs and wonder why a investment crowd bought up a cashed bank with a billion plus in deposits and also now offer cash accounts to depositors. Unkind people are of the view that GS just wants access to a cash supply for a possible required ‘bail in’.

        • Part 111.
          Negative ‘interest’ rates have been introduced. That is silly and contradictory terminollogy. It is a financial data recording fee or bank tax. But the msm keep using the “interest’ terminology to blind side the public.
          If the public thinks they have an account with their bank, they are wrong. The term account was planned to be replaced with a ‘investment’ with the bank. Thus when the shtf people’s ‘investments’ are down the order of creditors to be paid, if at all.
          Some are misguided, they think the money in a deposit at a bank is theirs. It is not, when given to the bank tbe bank owns the money and can do what it likes with it ……….. as they gamble on trillions of derivative transactions for example. I presume that readers are are aware of bank bail outs as distinct to bank bail ins. If not look up Cyprus and Greece.
          Regulations commenced 1.1.16 in Europe for bank bail ins. Simply done by altering a customer’s data record of an amount owing by the bank to the customer creditor !!!! Just reduce tne amount as recorded as owed to the customer and/or assign it to some bonds or shares of the bank.
          Readers should examine the latest acquisition by Goldman Sachs and wonder why a investment crowd bought up a cashed bank with a billion plus in deposits and also now offer cash accounts to depositors. Unkind people are of the view that GS just wants access to a cash supply for a possible required ‘bail in’.

    • Part IV.
      Tedious but we are nearly there.
      The old saying is still true; ‘A fool and his money are soon parted”.
      A fool of course is often some gullible dupe who just will not inform himself, by example; ignoring the present clear warning provided by Dr. DAY IN HIS ADDESS IN MARCH 1969.
      A fool of course is one who also thinks that mummy and daddy government can be trusted to act in the real interest of the people and are independant from the globalist plans of a fascist collection of control freak corporations and their bankers.
      Fools even cannot accept that governments carry out false flag murders of their own populace for political and geopolitical warmongering agendas.
      Dr. Day warned of the use of terrorism to control governments who do not comply with the globalist control freak”s agendas. See paragraph 97 of the recital here at gumshoe of notes of Day’s address.
      For the false flag killer examples see them recorded at the top of the index by Mike Rivero at http://www.whatreallyhappened.com/
      My bet is that the likely bail in of failed banks is part of a continuing overall world globalist plan to destroy the middle class, steal their assets and place us in bondage as controlled serfs.
      Just search the missing pension funds in the US. Wars use up a lot of cash! Also look up the plight of Saudi Arabia, the BinLaden group just laid off 50,00, try Venezuela for a holiday?
      Create a problem, cause a solution to be demanded and solve the problem with preplanned resolution ……. serfdom and fascist control. ……….. and the trained dumb downed sheep will follow. Read up Dr. Day on their plans to dumb down the younger generation with education that teaches nothing of use and has burdened the kids with a trillion or so in debt in the US. Even our kids are burdened with a billion or so.
      Banker’s plan; destroy savings and replace with debt.
      Now what are the policies for our next Federal election? On this aspect ‘my dog’ knows more than the lot of them.

      • Why do you like calling normal, ordinary people “fools”?

        Projection of the self is an essential psychological feature: humans expect others to do and not do what they themselves would and wouldn’t do.
        It’s not something to despise.

        Also, they don’t want their own thoughts to diverge from what is/is made to look as if it were the majority and the “betters”.
        It’s like fearing to venture alone into a wood, just the psychological equivalent.
        Ambiguity, uncertainty, even imagination, any of these is a desert path, and normal minds want all but taking it.

        You should blame nature, not people, if you really want something to blame, maybe?

  3. Generally I’m not of the religious bent, but….I always thought that Revelation stuck out of the Christian Bible like a priest with an erection. Not pleasant to see, but hard to ignore and hard to say just where its going.

    Its like someone moved heaven on earth to get it in there.

    • Paul, not to harp on Dr Day but here is one of his remarks in 1969 (listed by us as #102 — in “Truth in Journalism”)

      “So, the next step would be the single card and then the next step would be to replace the single card with a skin implant in a place that would be convenient to the skin; for example your right hand or your forehead.

      “At that time when I [Lawrence Dunegan] heard this I was unfamiliar with the statements in the Book of Revelation. The speaker went on to say, ‘Now some of you people who read the Bible will attach significanceof this to the Bible,’ but he went on to disclaim any Biblical significance.”

  4. Dr Richard Day 1969 : ” There will be unemployment and mass migration in order to uproot long established communities. Private home ownership will gradually disappear. Homes will become so expensive that people will have to share small apartments with non-family members. Wars, terrorism, depressions, political and social change, entertainment and fads are all contrived to gradually bring about an Orwellian police state. Our society and culture are a fraud based on one central fraud, the monopoly over government credit in the hands of private bankers.”

    • Dear 56, I hope you don’t mind me asking which part of the quote is yours and which is Dr Day’s. We have his whole speech on tap at Gumshoe. The last sentience is your own view, right? Day did not express disgust with the future plans. He seems to have had no emotions about it. Accoding to the scribe, Dr Lawrence Dungegan, Dr Day said the following about housing (but the quote is realy a quote of Dr Dunegan’s 1988 talk on radio, the Randy Engels show, not verbatim Richard Day):

      106. “Privately owned housing would become a thing of the past. The cost of housing and financing housing would gradually be made so high that most people couldn’t afford it. More and more unsold houses would stand vacant. People just couldn’t buy them. You’d think, well the vacant house, the price would come down, the people would buy it. But the price would be held high even though there were many available so that free market places would not operate. People would not be able to buy these and gradually more and more of the population would be forced into small apartments [that] would not accommodate very many children. Ultimately, people would be assigned where they would live and it would be common to have non-family members living with you.”

  5. Mary, sorry about the exclamation mark. When you mentioned Dr. Day , thought I would write a summary in point form, of what he said that is so relevant to the world that we and our children are in these days.

  6. ‘TAX ON CASH’!!!!!!!
    Further to my four part espistle below, if you do not believe what I said about the rediculous term of ‘negative interest’ being used by the banks and msms to blind side us then note what it is called in the article linked here.
    http://www.shtfplan.com/headline-news/casey-research-whats-coming-at-you-is-a-historic-event-and-its-going-to-result-in-disaster_05102016
    Our politicians have lost it…………….even it seems the great ex Goldman Sacks golden boy; Malcolm.
    Shorten would not have a clue and the Greens just want your assets, period.
    ‘My dog’ is happy with a bone and should be in Canberra.
    Bet the ABC on Q and A (nor the mssm) will not put any of the matters I have raised to any of our alleged leaders.

  7. More reports that they are taking your cash, a few steps at a time to enforce the fascist globalist control as forecast by Dr. Day in 1969.
    TIME TO WAKE and avoid the distractions. See the big picture.
    http://investmentwatchblog.com/wake-up-the-elites-keep-pushing-the-cashless-agenda-a-few-steps-at-a-time/
    Liberal, Labor, Greens: What are yor globalist policies?
    What are your policies to protect Australia’s independant sovereignty?
    Please explain!
    Bet the MSMswill not ask as they are in on the plans.

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