Tuesday, November 17, 2015

FED May Soon Move to Ban Physical Cash

I get a newsletter/infomercial from a secular investment company named Phoenix Capital.  They have NOTHING to do with the Bible, prophecy or Christianity....to my knowledge it is totally secular.

So when I saw this email from them today....it made me wonder HOW CLOSE WE ARE TO THE REIGN OF ANTICHRIST?

November 17, 2015 

Will the Fed Move to Ban Physical Cash? 


As the financial system lurches towards collapse, the elites and those who derive power from sitting at the top of the food chain are growing increasingly desperate to maintain the status quo. 

When 2008 hit, the Fed cut rates to zero and began implementing QE. It has now maintained ZIRP for six years (the single longest period in history) and has grown its balance sheet by over $3.5 trillion (larger than most countries). 

ZIRP has made no sense whatsoever since 2011. You cannot continue to babble about a “recovery” when ZIRP is in place. No legitimate “recovery” in economic history required ZIRP four years into a new business cycle. 

Moreover, QE was known to be a Wall Street bailout and an economic dud as early as 2010. The man who ran QE 1 admitted the former in an op-ed piece. And anyone who’s examined Japan’s multi-decade, multi-Trillions of Yen QE failures knows the latter. 

Despite this, the Fed ran QE ran through 2014 printing another $2 trillion in the process. That is correct, the Fed had rates at zero and was printing over $85 billion per month SIX years into a “recovery.” 

With the US now back in recession and another financial crisis at our doorstep, the calls are going up for even more dramatic measures. 

Hmmmmm.....with no cash around that means everyone would have to have some sort of access to an electronic currency system....and in order to access an electronic system everyone would have to have some sort of card....or mark... that proved they could access the system to buy or sell anything?

Revelation 13
15 The second beast was given power to give breath to the image of the first beast, so that the image could speak and cause all who refused to worship the image to be killed. 16 It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads, 17 so that they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name.


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