The CBDCs Are Coming


Armstrong Economics Blog/Cryptocurrency

Posted Jul 23, 2023 by Martin Armstrong

COMMENT #1: Hi Marty
I forgot to mention the ATMS nearby where I live right now.. I use a Credit Union and their withdrawal limit at the ATM at the branch no less has always been $400 these past couple of years. So I would go to the Wells Fargo ATM nearby down the road where I could withdraw $1000 in cash. The machine would ask you if you wanted a mix of 50s and 20s or all 20s.
Well, this past week I went to the WF ATM where I have not gone for quite some time, many months. To my surprise, the withdrawal limit has been reduced from $1000 to $600.
So there you go they are slowly turning the screws to try to cage us all in.
Best
Alice

REPLY: I opened an account at one of the top 5 just for convenience since it was down the street from me. Since COVID, I noticed they closed that branch and many others.  If you move to CBDCs, then banks no longer need branches for you can deposit a check on your phone, and they want to eliminate safe deposit boxes because they think people hide cash there.

British Banks Close Accounts for Political Views – Wait for CBDC Currency to Appear


Armstrong Economics Blog/Cryptocurrency Re-Posted Jul 23, 2023 by Martin Armstrong

We have a very serious problem. Banks, Media, and Tech Companies seem to be all pushing for the end of all our civil and human rights. The truth has come out now that the Coutts Bank closed down Nigel Farage’s accounts, and it had NOTHING to do with his finances that they told everyone. That seems to be a serious case of slander and libel. If they would do this to Nigel, how many others are finding their accounts closed?

Here in the good old USA, a gold dealer just informed me that his credit line has been terminated – not because he did not pay. The excuse was that they preferred it to go to zero, not back and forth. It seems as though rumbling of this nature in the USA is increasing. Others who have cash businesses like a bar are finding that they are being discriminated against because they take in cash. Even priests are having their accounts shut down for political reasons.

It appears that the bankers are gearing up for the new CBDC system where all cash is eliminated. The government seems likely to let the banks impose a social credit score and claim it is not the government doing that, so it is not unconstitutional. I suppose they intend to prevent people from paying for medicine or buying food if banks shut down their accounts for whatever pretend reason. I guess that will be the new slow-death penalty for disagreeing with the new narrative that COVID was just the trial run for these days.

IRS SWAT Team – Hunt for Taxes


Armstrong Economics Blog/The Hunt for Taxes Re-Posted Jul 23, 2023 by Martin Armstrong

The story about what looked like a SWAT team was a swarm of armed IRS Agents that stormed into a business in Florida has gone viral. Many point to this as see what happens when you give IRS agents lethal power. I think this needs clarification, and everyone knows I am opposed to arming IRS agents. Nevertheless, there is a HUGE distinction between income taxes and payroll taxes.  One you owe personally, but the other is theft if you collected it from employees and did not send it to the IRS, which makes you a TRUSTEE.

Back in the 1970s, I had two armed IRS agents come in with guns and handcuffs. They said I owed payroll taxes. I said wait a minute; my accountant handles all of that. I called him on the phone, and he then said put me on with them. He said he writes the checks on payroll himself and sends them in. It just so happened I was getting refund checks often. One had just come in, and it was on my desk. I said if I owe you, people, money, why do I keep getting refund checks? They looked at the check, and it had some code they recognized that denoted it was a refund for payroll taxes. It turned out to be a computer error on their part, and every time we would send in the payroll taxes, it kept trying to apply it to one month where I owed $2 and something refunded the rest. But they were to me personally, so I had no idea there was any distinction. They left, and I had to pay interest for cashing the checks that I someone should have known was their mistake.

A few years ago, again, I got a refund check and just deposited it. Once more, I was charged interest and penalties this time because I should have known it was an IRS mistake. The third mistake was that they put a lien on my house, and I never even got a bill. Once again, they failed to credit a payment I had sent in the previous year, but it took months to get the lien lifted.

My three encounters with the IRS have always been mistakes on their part. Only the first involving payroll taxes was I confronted by armed IRS agents, and that was simply because payroll taxes puts you in a position as a trustee where you collected the money for the government. I hope that armed IRS agents are confined to this category. I no longer cash refund checks. I have to pay penalties and interest because knowing when the IRS makes a mistake is my burden.

To clarify this armed assault on a business, it was Elite Payroll Solutions. This was not a company that was behind in paying its taxes. This is why the assault was more of a SWAT team; in this case, they were supposed to collect payroll taxes for small businesses and send them to the IRS. That places this in the TRUSTEE category, which is different from simply not paying your income tax.

A word to the Wise – Use only the Big Payroll Companies, not a small one that beats the price.

RAP Getting the Message? – Brainwashed


Armstrong Ecomics Blog/Conspiracy Re-Posted Jul 22, 2023 by Martin Armstrong

How to Recognize Propaganda (circa 1957)


Armstrong Economics Blog/Tyranny Re-Posted Jul 22, 2023 by Martin Armstrong


T

Ukrainian General said Zelensky is Responsible for 100,000’s Dead Ukrainians


Armstrong Economics Blog/Ukraine Re-Posted Jul 20, 2023 by Martin Armstrong

COMMENT: Mr. Armstrong, My cousin is in government here ___________________, and he said you have the best sources that even surpass some intelligence agencies. Only you have been reporting that your Ukrainian sources told you that Zelensky is corrupt and has destroyed his country for a handful of silver. It is coming out that the Ukrainian Army General Serhiy Krivonos has openly said that Zelensky has indeed destroyed his country. He actually said, “This colossal mistake resulted in hundreds of thousands of dead Ukrainians and the destruction of a huge number of cities.”

My cousin said people from all countries go to you because they have a similar mindset. Would you agree? Why are your sources better than anyone else?

GDK

ANSWER: Zelensky is an actor – nothing more. He is destroying his country because he cares nothing about its people and plans his exit to a mansion in Miami. He always dresses in army clothing as a psychological ploy to constantly pretend he is fighting for freedom. This is such a lie, for Ukraine would never have been in such a position if Kiev did not start the civil war attacking the Donbas. This is the dissent against Putin that he did not invade Ukraine as the US did to Iraq. They are ethnic Russians who have been there for centuries in the Donbas. The US has done similar actions involving Americans in foreign nations. Zelensky wants them to surrender their language and their religion. This is absurd. He is willing to destroy his country and hopes that he will be able to sell the farmland and resources to Blackrock and live in Miami as a billionaire – tax-free, of course.

Zelensky is listed in the Panama Papers, and the fact-checkers try to divert people away from this fact. When Zelensky’s European tour took place begging for money, online claims went viral that he had purchased luxury villas in Crimea, Italy, and England with Western military aid money. This appears to be fake news. However, this may, in fact, be to cover the fact that he does have a property in Miami, most likely stashed under a fake name since this is where you find all the super-rich Ukrainians and Russians in Miami.

There are people in Ukraine, as there are in every country, who are the opposition to the current government. The Western press will never tell you about them because they are trying to create a false impression that the country is 100% behind him. Over 8 million have fled and are living mostly in Germany and Poland. They have lost everything, and many are now asking – For War? To occupy the Donbas with Russians?

People have been coming to us for decades. I have had central banks sharing info because they want it out but know that we have the largest institutional client base. Thus, they want the info to the people that matter. In addition, most journalists can spell and write nicely, but they do not know the subject matter of their writing. I remember an institutional session I did in Toronto, and the Bank of Canada took a table with 10 people. All the institutions knew who they were. They would ask me what the central bank was looking at. I would tell them, and everyone would look at that table for some reaction. When it was over, I told the head guy I hoped I did not say anything offensive. He responded it was fantastic. He wished he could tell these people outright but could not.

Even when I was invited by the People’s Bank of China during the Asian Currency Crisis of 1997, I had been warning that the capital flows shifted and turned back to Europe for the coming Euro in 1998. They said I was doing a fantastic job and to keep up the work. When I asked why they would not come out and say what I said, they replied that they could not criticize another central bank.

My sources are the best BECAUSE, in most cases, they cannot speak freely even to mainstream media, especially today. After what they did to me, it has had the OPPOSITE effect. Today, I have even more sources coming to me because they say

NOW I KNOW YOU ARE NOT PART OF NEW YORK. 

Interesting times. So yes, every intelligence agency reads this blog. I have the real-world experience of an international hedge fund manager, the only AI model that monitors the entire world.

When Nigel Farage came to our Rome WEC, he stood up and said, of course, he would appear because my WEC is the “alternative to Davos.”. I regard Nigel as a friend. Now the uproar over his treatment by the private bank Coutts, owned by NatWest Group, whose biggest shareholder just so happens to be the UK government since the 2008 financial crisis, has finally compelled them to apologize to Nigel. This is the world we live in. It has become so corrupt that you have to not just count your fingers when shaking hands with some; you better make sure you still have your arm.

John Kerry Struggles to Hide His Anger as Rep Humiliates Him for Lying | DM CLIPS | Rubin Report


Posted originally on The Rubin Report on Rumble on July 19, 2023

Harris – Reducing the Population is a Real Goal


Armstrong Economics Blog/Population Re-Posted Jul 20, 2023 by Martin Armstrong

The White House claims that Vice President Kamala Harris made a gaff by saying that the goal was to “reduce population” when she should have said pollution. Of course, the immediate claim is that anyone disagreeing with that statement is engaging in a conspiracy theory. As they say, actions speak louder than words. She actually said the truth, and it is not a conspiracy theory. In Washington, they have been concerned with reducing population, which is the entire agenda behind climate change.

This entire LGBTQ is being pushed, but not for equality, for they won that in the Supreme Court. The military also had Don’t Ask, Don’t Tell. This transgender push is to reduce the population. Only 1.6 million people in the entire United States identify as transgender. This is only 0.0048% of the population. Yet you would think it is really a sale effort to increase that to a majority to reduce the population. Speaking to people I know who are gay, they are suffering the blunt edge of this movement, for they are being thrown into the same category. They have chanted at Pride events, “Give us your children,” but if Jeffrey Epstein said they would petition for his execution.

This is NOT ending discrimination – it is creating it! Pushing it in schools and now separating boys’ and girls’ gyms in school is somehow identifying you as racist and far right. When military parades used to take place, it was just those of the various armed services. No longer. There has to be a “pride” flag. How about flags for every religion as well?

It was NOT a gaff. They tried to change it to pollution after the fact because of the backlash. This is by no means a conspiracy theory. This has been a movement funded by the rich people behind the climate change agenda. They both go hand-in-hand on the same path to hell. Don’t forget Gates’ fund to chip all women like a dog so he can use 5G to turn off the ability even to have children.

Freedom Flyers


Armstrong economics Blog/Real Estate Re-Posted Jul 20, 2023 by Martin Armstrong

Have you ever noticed a decorative eagle plaque above a home in America? This was once a popular symbol back in the day to symbolize freedom from mortgage payments. Homeowners would adorn their houses with this symbol to indicate that they were free from the bank and owned their home free and clear. Around 40% of owner-occupied homes have been paid off, further adding to the housing inventory crisis.

The 2022 Federal Housing Finance Agency reported in 2022 that 84% of outstanding mortgages locked in a rate below 5%, while 63% secured a rate at or below 4%. Mortgage rates surpassed 8% last week and those who own are unlikely to sell. While some point to double-digit mortgage rates in the past, it was not difficult for buyers to put down 40% upfront since housing prices were low in comparison to wages. This was also a time when the cost of living supported a traditional lifestyle where only one partner was required to work.

Although COVID and low rates created strong demand, the underlying issue is the Great Reset. Institutions are set to own 40% of all single-family rentals by 2030, precisely on time for Agenda 2030. Regular buyers have been outbid by institutions coming in with cash payments. BlackRock is now the largest landowner in America. This is all by design. They do not want people to afford a home because then there would be no need for 15-minute cities, and forever renters living in ADUs. The inventory issue will not recover because no one can outbid the institutions who do not need to borrow money.

Trudeau – A Modern-Day Caligula?


Armstrong Economics Blog/Tyranny Re-Posted Jul 19, 2023 by Martin Armstrong

Nathaniel Pawlowski delivered a powerful speech to the European Parliament, where he called Justin Trudeau a modern-day Caligula. Pawlowski’s father, Artur Pawlowski, has been arrested numerous times for simply speaking out against the tyrannical Canadian government. Artur Pawlowski was a vocal advocate for medical freedom and continued to speak up for the people despite threats from the government. “Government has fallen,” the younger Pawlowski said, stating that Canadians have lost all freedoms under the rule of the Young Globalist WEF Leader Justin Trudeau.

Artur is being charged with criminal mischief for preaching to the Trucker Convoy in a 19-minute sermon, deemed a radical act of terrorism against the Canadian government. “If a pastor goes to prison, what can they do to the rest of us?” the son pleaded, asking the remaining free world to help his father before his trial in August. He called Trudeau a “modern-day Caligula” for stripping Canadians of all rights and ushering in tyranny under the guise of COVID. He called out the WHO for structuring a way to take away our rights as well.

You can read more about Caligula here. He is remembered for opulence, incest, and outrageous rulings, such as naming his horse a senator. While he was a poor ruler, I believe Trudeau is far more tyrannical. There are other emperors who emerged over the long course of the Roman Empire who truly struck down the people and removed all freedoms at whim.

Commodus is a good example. Commodus believed he was a god – Hercules reincarnated – and demanded to be worshipped. Commodus renamed the calendar, declaring that all the months of the year were to be renamed corresponding to his twelve names: Lucius, Aelius, Aurelius, Commodus, Augustus, Herculeus, Romanus, Exsuperatorius, Amazonius, Invictus, Felix, and Pius. He decreed that all the legions were to be renamed. Commodianae, the fleet which imported grain from Africa was termed Alexandria Commodiana Togata. Even the Senate was to be renamed the Commodian Fortunate Senate. These insane decrees were instantly abolished upon his death when he was assassinated on December 31, 192 AD.

Edward Gibbon wrote of him in his Decline and Fall of the Roman Empire:“[D]istinction of every kind soon became criminal. The possession of wealth stimulated the diligence of the informers; rigid virtue implied a tacit censure of the irregularities of Commodus; important services implied a dangerous superiority of merit; and the friendship of the father always insured the aversion of the son. Suspicion was equivalent to proof; trial to condemnation. The execution of a considerable senator was attended with the death of all who might lament or revenge his fate; and when Commodus had once tasted human blood, he became incapable of pity or remorse.” (Book 1, Chapter 4)

Still, there are more tyrants amid the Roman Empire who condemned all freedoms and appointed themselves as God over the people. Dare I refer to King Herod Antipas who arrested and later beheaded John the Baptist for speaking out against the tyrant’s marriage to his own sister-in-law, or the notorious Emperor Pontius Pilate who crucified Jesus for speaking against the government and former way of life? Those in charge do not like to have their authority questioned, even if it is in a peaceful manner.