Ukraine & Russia Peace Talks – Will Sanctions Be Lifted?

Armstrong Economics Blog/Turkey Posted Mar 29, 2022 by Martin Armstrong

While the news is spinning this as Russia is losing for they are now negotiating, there is a lot more going on behind the curtain than people suspect – this will be a true TEST of international law. Indeed, Russia has promised to drastically scale down its military operations around Kyiv and the northern Ukrainian city of Chernihiv given Ukraine’s proposed neutral status with international guarantees. This will turn on the guarantee that Ukraine will not only remain out of NATO but will also no longer host bases of foreign troops. This will be under the original security guarantee in terms similar to “Article 5”, the collective defense clause of NATO. The proposal will be that this guarantee will be secured by NATO members Canada, Poland, and Turkey.

In addition, Ukraine will agree to a 15-year consultation period on the status of Russian-annexed Crimea upon a complete ceasefire. These proposals are being submitted to President Vladimir Putin. The Donbas is on the table for that must be settled to end the civil war which the US has been covertly funding against Russia thanks to the US Neocons.

While it appears based on our computer that some decision will come perhaps the week of April 18th, the real test will be something even far more important. Can the powers that be get our insane leader of the Free World, Joe Biden, to terminate all sanctions against Russians? If there is a peace settlement, then the White House should rescind all sanctions. That should include those put on by Obama back in 2014 because of Crimea. If that is NOT done, then there is no way to restore the world economy nor to aid the reduction of inflation. As long as sanctions remain in place, peace or no peace in Ukraine will mean nothing going forward.

Col Douglas Macgregor Gives His Updated Opinion on Current Status of Ukraine-Russia Conflict

Posted originally on the conservative tree house on March 29, 2022

Col Douglas Macgregor appears for an interview with Dave Smith on his “Part Of The Problem” podcast.  Col Macgregor gives his status update on the Ukraine and Russian military along with some excellent background information on the U.S. cultural issues which are driving the U.S. position.

Additionally, Macgregor overlays the economic battle both domestically and geopolitically with the currency war and talks about economic repercussions for the U.S., NATO countries, Ukraine and Russia.   As noted by Macgregor when the Biden administration turned favorably toward Iran the Saudis immediately realized it was in their best interest to withdraw strategic support for the U.S.

It’s a good interview that goes into much more depth than the average media appearance, and permits discussion of multiple facets of the conflict in/around Ukraine. The video is prompted to begin at 17:34 when the Ukraine discussion begins. WATCH:

Ukraine President Zelenskyy Demands Europe Transition to “Green Energy” Quickly

Posted originally on the conservative tree house on March 29, 2022 

And there it is….. Ukrainian President Volodymyr Zelenskyy delivered a public broadcast urging the allied western nations to quickly adopt “green energy” policies which he says will undermine the influence of Russia in Europe.  If you’ve been following events, this demand is yet another big puzzle piece coming together.  {Go Deep 1Go Deep 2, and Go Deep 3)

The Recount has the video HERE. I cannot locate the shareable video on any other tech platform, which, given the importance, is not surprising. I doubt any govt in the western world wants to have the dots connected.

In the video Zelenskyy urges the NATO alliance, specifically western Europe, to quickly adopt the Build Back Better climate change agenda as it helps his country.  He advocates for “green energy” as a top priority so that alliance members are not reliant on Russian energy sales.

If it seems a little odd that a president, in the middle of a war zone, would be advocating for the climate change agenda, you are not seeing the big picture.  Ukraine is a crisis that cannot be wasted.  The Green New Deal, Build Back Better, and western nation climate change agenda is far more important than a single proxy war nation.  Ukraine is a tool in the bigger agenda, nothing more.

Volodymyr Zelenskyy is controlled by the western alliance, NATO, Dept of State, CIA and western allied intelligence.  This is part of the reason why Russia took action in the first place.  Zelenskyy has a role to play and pushing the Build Back Better (WEF) agenda, while the opportunity exists, is all part of the organized global cleaving.

Two fractured geopolitical groups globally.

The green energy group (economic globalists), and the fossil fuel group (economic nationalists).

Behind the G7 and NATO, we know the multinational corporations assembled in the World Economic Forum are ultimately the driver of political policy. The central bankers, finance ministers and politicians all operate under the guidelines of the International Monetary Fund (IMF), World Bank (WB) and World Trade Organization (WTO).

Together, the WEF, IMF, WB, WTO, EU central banks and U.S. federal reserve, collectively represent what we call the globalists.  And the globalists are pushing the climate change agenda hard {WEF LINK}.

It is always important to remember the ultimate goal of the ‘climate change’ promoters is not an energy system that changes the global climate. The goal of the ‘climate change’ group is to create a carbon trading system; a new financial mechanism (a global tax program) to control human activity on a world-wide basis.  This system also needs a digital identity in order to work.

As a consequence, when we look at the fracturing of the global energy marketplace, it is worth viewing the divided group through the prism of the globalist carbon trading scheme.

Two world groupings.  One group, oil-based energy (traditional) – let’s label them the RED GROUP (grey on map below), and one group GREEN energy (the build back better plan, yellow on map below).  It is not accidental these two groups hold similar internal geopolitical views and perspectives, hence, their alignment with the sanctions against Russia.

♦ The important part to see is… if this cleaving continues, there are going to be two sets of nations with two structurally different economies. A red group and a green group.

The Green group is going to be at a strong disadvantage, at least for a generation or two, as the costs associated with the production of goods and systems is going to be much more expensive to operate, as the transition into Build Back Better sustainable or renewable energy takes place.

However, this is where the strategery comes in.  If they can control the world effort globally, the GREEN GROUP may be able to offset their operational costs with a global tax against the RED GROUP.  That’s what yesterday’s G7 announcement was really about {GO DEEP}

This geopolitical contest is for all the marbles folks.

The opportunity to use disposable Joe Biden is the globalists once in a lifetime chance….

…And they are sure as hell acting like it.

Russia Indicates Withdrawal in Position From Ukraine Capital, Kyiv

Posted originally on the conservative tree house on March 29, 2022 

While the western propaganda about the Russian objective in Ukraine remains at a fever pitch, most intellectually honest observers have always held that liberation of eastern Ukraine was the goal of Russia and western Ukraine was never part of the objective.

With a decade-long civil war in eastern Ukraine preceding the current Russian operations, and with western forces supporting one side while Russia supported the other, it was always presumed -prior to the Russian military operations- that Vladimir Putin’s central goal was removing the NATO influence from eastern Ukraine.

That objective has seemingly remained visible throughout the conflict with Russian activity in western Ukraine limited in scope to targeting inbound NATO weapons and material support.

We might remember the 20-mile-long armored convoy that sat in place for weeks north of Kyiv while the media narrative was ‘any day now’. Those troops never moved on Kyiv, and in hindsight looked more like a strategic positioning of resources to keep western Ukraine in check while the more important goal of clearing eastern Ukraine was the ongoing operation.

It seems a little silly to point out the obvious, but everything Putin said about what he was doing in Ukraine is factually what has taken place. The western media narrative spinning his ‘true intents’ to be much more significant than his open statements, has never played out when reviewing the actual military operations. In short, Putin was then (as he said), and continues now, to be carving out eastern Ukraine and the Donbas region.

As the Russian operations in eastern Ukraine enter the clean-up and finalization stage, this report about the shift in Russian operations near Kyiv and western Ukraine makes a great deal of sense.  The Reuters spin is that Putin was losing western Ukraine, ergo he is reducing activity.  However, it never appeared that western Ukraine was part of the objective.

ISTANBUL/KYIV OUTSKIRTS/MARIUPOL, Ukraine, March 29 (Reuters) – Russia promised on Tuesday to scale down military operations around Ukraine’s capital and north, while Kyiv proposed adopting neutral status, in confidence-building steps that were the first signs of progress towards negotiating peace.

Their talks took place in an Istanbul palace more than a month into the largest attack on a European nation since World War Two. Russia’s invasion has been halted on most fronts by stiff resistance from Ukrainian forces who have recaptured territory even as civilians are trapped in besieged cities.

He made no mention of other areas that have seen heavy fighting, including around Mariupol in the southeast, Sumy and Kharkiv in the east and Kherson and Mykolaiv in the south.

Some analysts noted that Russia’s promise to reduce fighting mostly covered areas where it has been losing ground.

[…] Ukrainian negotiators said that under their proposals, Kyiv would agree not to join alliances or host bases of foreign troops, but would have security guaranteed in terms similar to “Article 5”, the collective defence clause of the transatlantic NATO military alliance.

They named Israel and NATO members Canada, Poland and Turkey as countries that may give such guarantees. Russia, the United States, Britain, Germany and Italy could also be involved.

The proposals, which would require a referendum in Ukraine, mentioned a 15-year consultation period on the status of Crimea, annexed by Russia in 2014. The fate of the southeastern Donbas region, which Russia demands Ukraine cede to separatists, would be discussed by the Ukrainian and Russian leaders.

Kyiv’s proposals also included one that Moscow would not oppose Ukraine joining the European Union, Russia’s lead negotiator Vladimir Medinsky said. Russia has previously opposed Ukrainian membership of the EU and especially of NATO. (read more)

Biden’s Approval Rating Reaches New Low

Armstrong Economics Blog/Politics Re-Posted Mar 29, 2022 by Martin Armstrong

Biden’s approval rating is now at its lowest point since he entered office. America is now at its worst point since he entered office. Biden has repeatedly shown the people that he is an incompetent leader. Even the White House has had to clarify Biden’s statements as a misstep while speaking as the POTUS could lead to a world war.

Around 71% of respondents say America is “on the wrong track” under the Biden Administration. Inflation has caused the cost of living to become unmaintainable for 62% of American families who stated they are “falling behind” on finances, and 63% said they do not approve of his handling of the nation’s economy.

Only 28% of respondents said they had a “great deal” (12%) or “quite a bit” (16%) of confidence in Biden’s ability to handle the conflict in Ukraine. Around 51% of Americans disapprove of his management of foreign policy overall. Everyone knows that Joe Biden is unfit to lead America at this point.

Public confidence is gone.

Houston – We have a Problem in Washington

Armstrong Economics Blog/Politics Re-Posted Mar 29, 2022 by Martin Armstrong

While it is true that all nations selfishly act to expand their geopolitical influence and power following Adman Smith Invisible hand be it internationally as well as domestically against their own people – i.e. endless regulations and rising taxation. Just two days ago, Blinkin had his wrists slapped with a club warning that he was propelling the world into a catastrophic war that would end all time telling Ukrainians they can win and that the US was demanding Regime Change in Russia. Then came the backtrack cleaning up what had been hurled at Russia and he pronounced the United States would NOT seek Regime Change in Russia and he was back to telling Zelensky to settle.

There is serious concern that Biden has really lost it. He has now come out again calling for Regime Change in Russia. Biden is off the chain and suddenly thinks he is really president. He came out and contradicted his own staff Monday claiming he has not retracted his comments on regime change in Russia.

“I’m not walking anything back,” Biden pronounced! “The fact of the matter is I was expressing the moral outrage that I felt.”

Hopefully, both China and Russia are well aware that Biden is out of control. If anyone desperately needs Regime Change, it is the United States. NEVER in the history of international relations has ANY complete collapse in civility ever taken place between the major world powers. Kennedy NEVER called Khrushchev a madman. That would have prevented any negotiations to calm things down. Biden is NOT competent to be the leader of the United States and he certainly cannot represent the West.  Kennedy was able to sit down with Khrushchev – nobody can imagine that taking place now the way Biden has handled the situation turning into a new COLD WAR that is close to turning RED HOT.

Nixon, on the other hand, did lose his cool and not just raised his index finger and was poking Khrushchev’s chest. In a bar, that is what they say are fighting words. Whether Nixon lost his cool or this was a deliberate attempt at intimidation is hard to say. However, Khrushchev is closing his eyelids at that moment which is clearly trying to psychologically block Nixon and ignore him. If Khrushchev was a lesser man and a hothead, that would have been war right then and there. But Nixon was the Vice President – not the President which diminished the act politically.

When Nixon became president, in 1972 he visited the People’s Republic of China, where he met with Chinese Communist Party Chairman Mao Zedong. Nixon was what most people called a Hawk in those days so they did not see him as bending the knee to communists. To a large extent, Nixon was seeking to divide and conquer. His hardline tactics with Russia would get him nowhere. Nixon had chosen to try to split Russia from China highlighting all the nukes and troops guarding the border with China.

Nixon’s visit to China was of particular significance. The US had refused to recognize the Communist government and continued to recognize the rebels in Taiwan and the real government. That was a real problem politically. How do you meet with a leader you do not recognize? Nixon pulled it off and began friendly relations with China v confrontational relations with Russia.

This time, Biden has threatened both and is undoing what Nixon sought to do for national security – divide China and Russia. There is great concern that Biden is becoming a loose cannon on the world deck in the middle of a hurricane. There is no telling which way he will shoot off his mouth next. He really should be removed from office for the sake of the entire world.

The Coming False Flag – Chemical Weapons?

Armstrong Economics Blog/Ukraine Re-Posted Mar 29, 2022 by Martin Armstrong

The greatest fear I have is that Zelensky will be desperate to create a fake attack on his own people like everyone else has done to push their agenda. It would not be unexpected if the Ukrainians/West stage a FALSE FLAG and kill their own to get NATO and our real madman Biden to enter World War III. At Maidan, the snipers killing protesters were from the buildings occupied by the protesters. But Victoria Nuland told them unless the deaths reach 100, the US would not act. The snipers killed exactly 100 people and there is footage of Ukrainians leading the people to the very spot where they were targeted.

We see this same tactic in many instances around the world including project Northwoods which proposed to kill Americans and blame Cuba to justify an invasion. Hitler set the Reichstag Fire to blame the Communists to grab power. This is the oldest trick in the book and it coming next. Many consider even 911 a FALSE FAG to get into the war of Terror that targeted Iraq which had nothing to do with 911. They also see the Patriot Act as a bonus for regulators. Now try wiring $3,000 outside the USA to an individual and it must be reported to the government – no longer $10,000.

Following similar claims by his Secretary of State and ambassador to the United Nations, US President Joseph Biden then declared that Russia will pay a “severe price” if it uses chemical weapons in Ukraine. They will always draw the line in the sand and then claim the other side crossed it. Perhaps you will recall President Barack Obama also drew a red line in Syria. Almost as soon as Obama implemented his “red line” policy vowing an American military response if the Syrian army attacked the Western-backed opposition with chemical weapons, that was followed by the accusations to get the US to invade. Al Qaeda-aligned opposition factions immediately came forth with claims of mass casualty sarin and chlorine bombings of civilians. Obama then responded with a series of US-UK missile strikes on Damascus. Once again, they wanted to trigger a disastrous regime change that destabilized Iraq and Libya.

However, every major chemical weapons event was followed by allegations that Syria violated that red line when in fact they were FALSE FLAGS staged by the opposition forces. As a former US ambassador in the Middle East told journalist Charles Glass, “The ‘red line’ was an open invitation to a false-­flag operation” as reported by Harper’s.

The FALSE FLAG became obvious during the April 7, 2018, incident in the city of Douma. That is when an anti-government militia on the brink of defeat claimed civilians had been massacred in a chlorine attack by the Syrian army. But independent inspectors from the Organization for the Prohibition of Chemical Weapons (OPCW) found NO evidence that the Syrian army had carried out any such attack. The event was staged hoping to drag the United States into the conflict they were losing but Americans were tired of endless wars that never implicated American national interests, just the rantings of Neocons who hated everyone. Obama tried to see the invasion and the American public said NO!

Zelensky is putting out the same propaganda that Putin’s inner circles is about to overthrow him when this has raised Putin’s verified approval rating to twice that of even Biden inside Russia, The Russian people know that they are being targeted by Biden just as American believed that Russia interfered in the 2016 election.

Zelensky had the audacity to put out a more bullshit speech to the Italian Parliament claiming that Russians are capturing little children and torturing them. Zelensky has been appealing everywhere he can to beg for the West to enter to create World War III. He is screaming that World War III has already begun. The world will not be safe until Ukrainian remove Zelensky from destroying their own country and America seeks its own regime change and impeaches Biden.

Zelensky will not admit that he has approved of the Ukrainian Natis who hate Russians and his war heroes saw their counterparts in the Nuremberg Trial executed. He is pleading for the destruction of his own country and we are fools if we ignore the history of Nazism in Ukraine. Bandara is hailed as a hero and the US never prosecuted the Ukrainian Natzis only because they were useful due to their hatred of Russians. I warned from the outset, having friends on both sides of Ukraine, that the ONLY fair solution was to divide the country based upon language which I argued back in 2014. I warned that the computer had targeted Ukraine as where the conflict would begin back in 2013.

Now we must be deeply concerned about a FALSE FLAG. Based on reliable information and belief, the very same MI6 people who stages the chemical attack in Syria to justify an invasion by the West, are present now in Ukraine. Zelensky is not to be trusted. He will allow chemical weapons against his own people just as the killing in Maidan were used to bring in the West. Zelensky will remain desperate to justify NATO entering and Biden to send troops. This will be a FALSE FLAG, for he will kill his own people and rationalize that they will become martyrs for his cause just as the CIA wanted to kill Americans to blame it on Cuba.

Unfortunately, Americans are hostile after being abused by COVID restrictions. Violent crime has exploded, and this is a very bad backdrop for this coming FALSE FLAG. Just look at Will Smith’s slap at the Oscars. Violence is becoming the answer. If Chris Rock fought back, we would have witnessed the highlight of Holywood’s absurdity.

Let us pray that Putin is NOT overthrown for the people behind him are far more aggressive and will see that as US interference in their country no different than the same strategy played out in the Middle East. Russia’s Neocons would have no problem nuking Kyiv and then ask the West – “Is this what you want?”  Both sides have their Neocons. They took out Saddam and created ISIS.

ECASH & Elizabeth Warren’s Hatred of America Linked to WEF

Blog/The Hunt for Taxes

Posted Mar 28, 2022 by Martin Armstrong

Spread the love

QUESTION #1: Is this ECASH bill an attempt to do an end-run around the Fed raising interest rates and preparing to default on debt


QUESTION #2: Martin:
Congratulations on your “scoop” regarding ECASH, however… have done an extremely poor job of actually describing what it is…who will have it…will it be mandatory for everyone…what if anything it will change in regard to bank accounts, brokerage accounts,,,,daily transactions…etc…etc…etc! Is this going to be something that will immediately affect everyone’s life in a major way, or is it something that most of us can ignore, if we wish, at least for the foreseeable future?
ALSO…what are the odds of it actually being approved by the house and senate?
Thank you.


Set of Federal Reserve Notes issued by every branch

ANSWER: NO it’s not an end-run around the Fed with interest rates. It is terminating the Federal Reserve issue of paper money. The Fed will still be able to create electronic money buying in bonds etc as they do now. But they will not be issuing paper money so the question will be the next stage of how to actually cancel what is out there. They will NO LONGER be printing money from here on out once they shove this down the throats of the American people.

It is the en-run against economic freedom and forces everyone on the grid. So while Biden hurls insults at Putin for an autocracy, he is working hard to eliminate our freedom right here at home. Because you will ONLY be able to buy it from a bank account, by default, they will eliminate the cash economy and realize Elizabeth Warren’s wet dream – they will tax absolutely everything!

It is interesting how our economic freedom made America the #1 world economy and Warren turns to Schwab’s star economist on how to bring America down to its knees. The WEF goal is to end the United States as a superpower. I call that treason.

Warren’s adviser is not American – but the French Communist who lurks in the shadows. The World Economic Forum’s economic star celebrity – Thomas Pickety the French Economic Communist!

You will have to pay that 14-year-old girl next door for babysitting your kids with barter – chocolate bars, lipstick, cans of food, or just clothes on a shopping spree. It will be MANDATORY for everyone since the Fed will no longer be printing paper money. The only change to bank accounts is that they will eventually be required for everyone as Europe has already declared that it is a human right to have an account. Your bank accounts, brokerage accounts, and retirement accounts won’t change since they are already electronic book entries. That will be the WEALTH TAX in Biden’s separate bill. As far as daily transactions, in reality, you will be paying for something at a store the same but the cash will be like a Debit Card.

This will NOT be something that will immediately affect everyone’s life for it has to pass Congress. This is the time to start writing to every pretend representative we have. Come November, we really need REGIME CHANGE here in America in a major way but it is time to consider abandoning the Income Tax and moving to simply a retail sales tax to recapture our freedom. Then the “rich” will pay when they buy their $300 million yachts regardless if it is from a Trust, Foundation, Corporation, or personal Piggybank.

This will NOT be something that most of us can ignore if it gets passed. It will completely destroy our personal freedom. It is going to be a tough sell for all we need is just ONE Democrat to say NO. Otherwise, the Democratic Party will destroy our future and that of our children making sure that the United States will become just a footnote in the history books. That’s what will unfold for daring to follow Marxism just as communism fell officially on November 9th, 1989 (1989.85) with the collapse of the Berlin Wall. Guess what, 31.4 years from that collapse of Marxism, brings us to the rise of Marxism with the election of Joe Biden – 2021.25.

When Joe was practicing his speech in Poland, he was looking in the mirror saying:

“For God’s Sake, This Man Cannot Remain In Power”

The Democrats have declared war on the free markets and want to destroy the underground economy. If you are a bellman, get another job. This ends all tips unless it’s included in the tab, and when you have your mask on for the next manufactured pandemic, there will be no coins left for parking meters or vending machines.

Biden Cheat Sheet Shows How Team Behind White House Intended to Control His Cleanup

Posted originally on the conservative tree house on March 28, 2022

When Joe Biden appeared before the press corps today, the intent was to clean up the mess he created in his trip to NATO this past weekend.

When Biden makes policy statements and reads from the teleprompter, Joe Biden usually doesn’t answer questions.  Today was different.  Today, it was obvious the White House communication team needed Biden to clean up his NATO statements.

The evidence for that is very clear, as someone was able to capture a picture of the talking points that were prepared for him to read.  One pre-printed response even reads, “I was not articulating a change in policy.”

(New York Post) –  President Joe Biden once again referred to a printed cheat sheet as he doubled down on his unscripted weekend claim that Vladimir Putin “cannot remain in power.”

On Monday Biden, 79, told reporters he made “no apologies” for his remarks — made off the cuff and not part of his prepared speech in a nationally televised address from Poland Saturday — and did not view it as a provocation to Russia.

“It’s more an aspiration than anything. He shouldn’t be in power. There’s no  — I mean, people like this shouldn’t be ruling countries, but they do. The fact is they do, but it doesn’t mean I can’t express my outrage about it.”

His comments closely aligned with notes printed on a small piece of paper that he was photographed holding in his left hand as he spoke that began as follows (read more):

No one has yet provided a good explanation as to why the Biden administration has a stage set of the White House in a studio across the street from the real White House.

The specifics of this Potemkin administrations are opaque, but everyone knows that it’s not Joe Biden making policy or executing these communication points. Biden is a puppet, that is not in question. The majority of his administration staff are from the Obama terms in office; that too is not in question.

The people who were behind Obama appear to be the same people pushing this Biden agenda.

ECASH & Biden’s Attack on the Financial Markets

Posted originally Blog/The Hunt for Taxes Re-Posted Mar 28, 2022 by Martin Armstrong

I reported on the Private Blog that I had a copy of the legislation and I was told it would be introduced today – Monday 28th. That info was correct. Well, here it is!. Reps. Stephen Lynch (D-Mass.), Jesús Chuy Garcia (D-Ill.), Ayanna Pressley (D-Mass.), and Rashida Tlaib (D-Mich.), all Democrats, have introduced the “Electronic Currency And Secure Hardware Act” (ECASH Act) that does far more than just creating a digital currency. This Act cleverly strips the Federal Reserve of its authority to create the money.  I wrote:

Next week there will be a bill introduced which will be entitled ECASH (Electronic Currency and Secure Hardware Act. This is in response to President Biden’s Executive Order on Ensuring Responsible Development of Digital Assets to develop the digital dollar design, including assessments of financial inclusion, possible benefits and risks for consumers, existing payment systems, and national security.

ECASH is very clever for it is actually transferring the creation of the currency from the Federal Reserve to the US Treasury or in other words the White House. The Treasury will distribute DIRECTLY to the public via a secured hardware device which will be something along the lines of like a vending machine. All of those who have created conspiracy theories about banks that own the Fed will now have to switch their theories for the creation of money will now reside in the White House.

Here is the catch, it will be anonymous so it will not be trackable like Blockchain cryptos. People will cheer that, but there will be that infamous Catch 22. Individuals may be restricted to having a maximum of $2,000. That means all money will need to be deposited so it is a covert way of canceling the currency. But they are not dealing with that issue just yet. The end goal here is to force all money to be above board for the purposes of taxation. So it may actually result in creating more of a barter economy.

There will be no centralized ledger or distributed ledger for it will be non-traceable thereby better than crypto. It is to utilize secured hardware software and it’s issued by the Treasury which eliminates the Federal reserve putting the creation of money in the hands of the White House. They are clever for this will be fully anonymous transactions just like paper money today rather than Blockchains that are designed to track every transaction, which means the government can therefore tie every transaction to the sender and receiver.

This will not change the banking requirements of know-your-customer rules. The ECASH you will get via a bank account, peer-to-peer transaction. Thus, retail will not change from the currency acceptance of cash. The sales pitch is this will still serve people who are unable to hold bank accounts due to minimum balance requirements, or those who do not trust banks because banks may charge fees or freeze funds. However, what they are not telling the press is there will be limits so you can not move $1 billion to ECASH – try $2,000.

Simultaneously, Biden is introducing the “Billionaire Minimum Income Tax,” imposing a 20% minimum tax rate on U.S. households worth more than $100 million, even though they are not billionaires. The sales pitch is typically Marxist where the minimum tax would make sure that the wealthiest Americans no longer pay a tax rate “lower than teachers and firefighters.” To the Democrats, the problem is always the rich not that they spend more than they have and constantly bribe the public to pretend they are Santa Claus. They claim this will reduce the deficit by about $360 billion in the next decade. What they are NOT telling the people is this is Elizabeth Warren’s WEALTH TAX.

So anyone who pays less than 20% will have to “top-up payment” to meet the new minimum. However, the DANGER here is that “this new minimum tax will eliminate the ability for the unrealized income of ultra-high-net-worth households to go untaxed for decades or generations.”

That means if you own a company or even a house, and the CURRENT market value rises to whatever the IRS uses, guess what, you will have to pay 20% tax on the value of your stocks, company, or your home. This is the alternative to his attempt to track every $600 transaction to get those evil billionaires who they seem to define as everyone but themselves.

They used the same clever trick to get the income tax passed back in 1913. Only evil people who earned more than $3,000 a year would have to pay. Of course, $3,000 in 1913 was 150 $20 gold coins and that at $2,000 an ounce today is $300,000. So they pitched it as targeting the millionaires, but it came down to less than the millionaire just as they are doing today with the billionaires.

Just as now EVERYONE must file income tax or go to prison, the WEALTH TAX will also come down as they constantly need more money. So if your house doubled in value, you will have to pay 20% of that value to the IRS even if you did not sell it. And then, if it drops by 50% next year, you will NEVER get a refund.

So the hatred of anyone who has more than the lower homeless person is always on their agenda. They will continually change the definition of the rich until everyone who has a job is now the “privileged” rich.

During the Great Depression, this vile group who looks down upon society from above was defined as those who made $5 million. That collapsed to $250,000. The definition will ALWAYS be redefined to maximize their revenue whenever they need it.

Anyone who votes against it will be targeted as supporting Zuckerberg, Gates, etc. WEALTH TAX will destroy the foundation of America, end the benefits of investing for retirement, and serve as the final nail in the coffin of the United States.