Valentin Katasonov: the banks will be the concentration camps

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Валентин Катасонов: банки станут концлагерями

Went the second month from the time the scandal broke, involving the abduction and the publication of documents by the Panamanian law firm, which specialized in opening offshore companies. A total of Panamanian companies have been abducted 11.5 million documents that contain information about the owners and ultimate beneficiaries of offshore companies

Without going into details, we can say that customers and organizers of this operation were the owners of money — the main shareholders of the fed. The leading artists of the American special services. The performers are smaller, apparently, used blindly. To those, in particular, can be attributed to the international consortium of journalistic investigations, the financing of which, as it turned out, came from such sources as the U.S. Department of State, Agency for international development, the United States, the Soros Foundation etc. the Main objectives of the organization represented two of the scandal:

1) attempt to discredit certain politicians in different countries;

2) to continue the initiated few years ago a sweep of the various offshore companies in order for owners of offshore accounts and companies to drive in one giant offshore under the name “United States of America”.

The West unleashes a campaign against cash

When the dust from the Panama scandal began to settle down a bit, it has emerged another global goal. It is to intensify the campaign against “dirty” and “grey” money, which includes combating the financing of terrorism, tax evasion, corruption, drug trafficking, illicit arms trafficking, etc. the Launch of this campaign was given to 11 September 2001, when Washington announced a worldwide struggle against international terrorism and the laundering of “dirty” money, but then started the campaign began to fizzle out. The Panama scandal is designed to breathe new life into it, it can be regarded as a continuation of the operation “September 11”.

One of the defendants in the Panama scandal became Prime Minister of great Britain David Cameron, but it is not only not prevented, but, on the contrary, helped him to continue the preparation of the global summit on the fight against corruption, scheduled to be held in may this year in London. Similar events in Washington, London and Brussels has planned for the coming months a great many. On the same anti-corruption summit will be a “debriefing” associated with the Panama scandal. In the center of the discussions of the summit is expected to bring two questions: the fight against offshore companies and measures to minimise cash handling. Note that rehearsal for the coming of the summit was the secret meeting there, in London, last year. There was a “leak”, and it turned out that the meeting was attended by representatives of the ECB, the fed, the Central banks of Switzerland and Denmark. They discussed the abolition of cash.

Unexpected ways the Panama scandal intensified waged by the West campaign with cash. The logic of reasoning “corruption fighters” is approximately as follows: offshore Bank account in many cases — due to the fact that the main instrument of corruption are the signs of cash that falls in the pocket of greedy and corrupt officials. Like, it is necessary to eliminate the mentioned tool and it will remove a lot of problems will disappear as the material basis for offshore accounts.

 

Negative interest

Analysis of campaign against cash money shows that it is well coordinated. After the financial crisis of 2007-2009 the global banking system began to rapidly go into negative territory: the number of Central banks have introduced negative rates on their deposits. And now a few Central banks have negative interest appeared also on the base rates (interest on active operations). The epidemic of negative interest rates spread in commercial banks: interest on Deposit operations of many of them are very close to zero, and some has already gone into the negative zone.

Bankers in confusion and panic, as can occur a mass Exodus of clients from banks in cash. This situation has made bankers the most active lobbyists restrictions and even a total ban on the use of cash that existed throughout the history of mankind. Prohibition of cash will mean that all citizens (physical persons) against their will and desires will be in electronic-banking camp.

Home money calculate the possible reaction of individuals to negative interest rates. Among these reactions care not only in cash but also in precious metals. History shows that in extreme conditions gold could also be a tool of exchange and payments, an alternative to official money. There is no doubt that after some time, this loophole of escape of electron concentration camp Bank will be closed. In the West there is a corresponding experience. In 1933, the new US President Franklin Roosevelt under the dictation of masters of money wrote a decree on confiscation of all gold from US citizens (a ban on the possession of gold by Americans was lifted only four decades later).

Davos 2016 and plans to combat “evil cash”

At the recent world economic forum in Davos, a discussion in contrast to previous years, was conducted behind closed doors. Only now, thanks to some leakage, it becomes clear what was discussed behind closed doors. It turns out, has developed measures to minimise cash handling. One of the participants of the forum Huw van Steenis, representing Bank Morgan Stanley, has published their impressions of the event called “Five things I learned from Davos 2016”. He, in particular, noted that the forum many talked about the need for “a rapid transition to a society without cash is that in Europe it was possible to introduce an even lower negative interest rates on deposits to offset the probable long-term stagnation”.

We can assume that Davos came to the recognition that interest rates should continue to lead in the negative zone. And this can be done while maintaining cash circulation. While reducing the use of cash, according to bankers from J. P. Morgan, the European Central Bank to continue lowering interest rates to the level of minus 4.5%.

2016 began with a number of high-profile representatives of the world Bank controlled by the banks and media on the cash and non-cash money. Apparently, the go-ahead for this information campaign was given in closed session, Davos. This was announced by information resource Zerohedge, delusioning the compilation of such statements under the heading “Disclosure of a secret plan of Davos in 2016.”

20 Jan top Manager of Deutsche Bank John Krian (John Cryan) stated that cash left to live no more than 10 years. 22 Jan biggest Bank of Norway DNB appealed to the authorities with a proposal to ban the use of cash. January 29, Bloomberg published an editorial under the title “Approximate the cashless future” (“Bring On the Cashless Future”). February 4, the British newspaper The Financial Times has posted an editorial “the Advantages of folding cash” (“The Benefits of Scrapping Cash”). February 8, President Emeritus of Harvard, Peter Sands (Peter Sands)published the article “to make life Difficult for the bad guys: the proposal for the withdrawal from circulation of banknotes with large denominations” (“Making it Harder for the Bad Guys: The Case for Eliminating the High Denomination Notes”). 15 Feb resonant statement was made by the President of the European Central Bank (ECB) Mario Draghi (Mario Draghi). He announced the decision of the ECB to withdraw from circulation banknotes with denominations of 500 euros (the highest denomination of Euro cash). According to the ECB, such notes amount to 30% of the total number of banknotes issued in the Euro area. Immediately followed by numerous comments on this statement. Most of them contain an assumption that through such measures the ECB hopes to continue lowering their interest rates, which already have a negative value. The next day (16 Feb) the baton from the ECB President took Larry summers (Larry Summers), Professor of Harvard, former US Treasury Secretary. He appeared on the pages of The Washington Post article “it’s Time to kill 100 bill $” (“It’s time to kill the $100 bill”). It is noteworthy that the performance of summers I had at the time when the US media there was a number of speeches by bankers and experts who initiated the discussion on the possibility of the transition of the fed at negative interest rates. 22 Feb other leading mouthpiece of the American bankers newspaper The New York Times broke an editorial, “getting Rid of bills with large-denomination will help the fight against crime” (“Getting Rid of Big Currency Notes Could Help Fight Crime”). Chronicle of speeches on the fight against “evil cash”, you could go on and on.

Electronically-Bank concentration camp

Taken and the practical steps for the elimination of cash. Further on this road have moved Sweden and Denmark, where the Central banks had all switched to a negative percentage. Sweden intends over five years to finish the construction of a “cashless Paradise.” Now cash operations in Sweden do not exceed 2% of the total volume of payments. According to Visa, the Swedes use debit cards three times more often than other Europeans. The spread of Bank cards has significantly changed the appearance of the business Sweden: the sellers of fruits and vegetables, and even street performers and vendors of Newspapers and magazines accept “plastic”, due to is popular in Sweden application for a smartphone Swish, writes local newspaper The Local.

However, even in Sweden there are many people who suspect that “cashless Paradise” actually may be hell, electronic-banking camp. In it, the banks will control every citizen, for everyone from infants to the elderly will be instituted so-called financial history. Any deviations citizens from the “General line” masters of money can have such consequences as the freezing of personal Bank accounts.

The most clear-sighted opponents of the project “cashless Paradise” I understand that this will mean not only the end of cash, but also the death of money at all. The abolition of cash will allow the banks to go into a deep minus. Will start dying of these traditional institutional investors, like pension and other social funds, insurance companies, placing their income in debt securities. Instead of income this paper will be to bring only losses. There are predictions that in the next 10-20 years, even at current interest rates most pension funds will melt like March snow. And most importantly — with a negative percentage will start “melting” of money, and in cashless form. It only takes 20-30 years (assuming current trends) to have money left over puddle of stale water. It will be totally different social order. Conventionally, it can be called a global concentration camp.

The paradox is that, despite the death of money, banks in the new world order will continue. Of machines by getting a percentage of profits and they will turn into the organization that serves as a “control and accounting”. Concentration camps without such functions do not exist.

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