My twitter handle is @huntergatherer. The name is not something i picked out of a hat. I'm not ashamed to admit I've been a hunter, trapper and a gatherer almost all of my life. These activities have resulted in literally tens of thousands of hours of enjoyable time spent out in the wilds. I would not trade my experiences there for all the night-life in Vegas.
But that is not what this piece is about.
In hunting and especially in trapping, it is helpful to know a bit about tracking. As creatures and humans move about, they cant help leaving little tell-tale signs all over the place, some more than others. *insert disgusting pic of landfill* When attempting to follow some such creature through the woods I've learned a few tricks over the years. It is quite common to lose a trail and i have a ton of stories i wont share here about lost trails. When this happens, my favorite thing is to go back over the known trail and gain a sense of the direction the animal was travelling prior to vanishing into thin air. After I've determined that, i head a bit farther in that direction and more often than not, pick up the trail again.
This simple principle works in other aspects of life as well. I was rather delighted therefore when i came upon an article on the banking industry and how it has progressed in the last hundred years as clue to where its heading. We should all be interested in that even if you are among the great unbanked. It seems that the original banknotes actually laid claim on physical gold and silver and could be exchanged for these at any time at the bank. The original USD for example could be exchanged for one silver dollar. Try that today without being arrested!
As time went on this claim was quietly dissappeared. There was even a point when US citizens could be arrested for holding physical gold. It was illegal to own it at that point. Yet the currency remained tied to the value of the physical gold. This was done away with around 1970 by the Nixon administration and since then, the Federal Reserve has been allowed to print fiat currency on demand as "needed". This is a privately owned institution despite the name and it borrows currency to the US govt which then pays the Reserve interest using American taxpayers "donations". By the most liberal of definitions this would constitute a scam of which prince abdullah mohammed the seventh of the throne of mubaka would be extremely proud.
This all came about because in a democracy people tend to vote candy for themselves and dislike being told the cupboard is bare. It would have taken men of considerable courage to announce to the American public that there was no money for the infrastructure the peoples had been promised in the run-up to election. And it would have been suicidal politically and maybe physically. So this alternative was chosen. Print, print, print and spend, spend and spend.
Therefore, as would be expected, prices have risen over the years and a hundred dollar bill from 1900 now entitles the bearer to sniff a gasoline nozzle for three seconds at the fuel pump of his choice.
Because of the massive levels of borrowing governments all over the world have engaged in to keep the falsehood of wealth alive, interest rates have had to be artifically suppressed to the point where we now find ourselves discussing negative interest rates! Imagine that! Being penalized for depositing money in your local bank! If this becomes a thing and it is, people will hide their cash or convert it to physical gold silver and other valuables. Perhaps this is what is driving the housing prices in Vancouver to the stellar regions?
At some point, we will realize that fiat paper money is after all simply paper. And that your pension contract is after all merely evidence of a contract made at some point in good faith, but still simply paper. As is your mortgage, your car lease... and well, most things we now refer to as wealth.
So that's where we are now. What next? The writer of the article, to which i will attempt to add a link suggested that what may be coming down the pipe next is the total elimination of cash, forced bank accounts and digital currency for all. Which actually is what a man named John predicted from the island of Patmos 2000 odd years ago when he said that the Beast would force everyone to take a mark on their foreheads or their hands without which they would not be able to buy sell, or trade at all. And that people who take this mark (666) will be automatically excluded from a place called "heaven", of which you may or may not have heard.
At any rate, where i think we're going is toward some sort of global financial/social re-engineering project. After all, one of the best ways in which to fix a malfunctioning bit of electronics is to shut it off and turn it back on again. A recent meeting in Davos by the elitists appears to be leaking rumors of such planning, all with the very best of intentions for all of our well-beings, no doubt. "Be safe, ever-one." And maybe read a few survival blogs while you still may. *creepy music OOOooooOOOOooooOOOOooO*