March to July period to counter the coronavirus-induced economic slowdown, the velocity of money, or the number of times a unit of money changed hands during a specific period, fell from 1.5 to 1.09.
for every $20 of credit created in the banking sector, only $1 found its way into the real economy
this without explanation showcases that economy as a whole actually does not exist but it is not inflated but imaginary balloon
now jpm has abandoned dollar and implemented their own currency as means of internal trade which directly proves this as if above mentioned facts were nnot enough
fact that one of biggest bankers can simply abandon dollar without any penalty shows how easily it will be to totally on quote devalue material money
soon enough digital currencies will be forced as means of payment for work or services right onto your account, of course, all of these, dollar, euro, yen, whatever will be purely under control and traceable and will serve as means to totally devalue any form of material value stimulating people to totally shift onto it willingly and then having absolute control over them, as the you will be absolutely dependent on digital currency, there will be literal no other way of making money but working for governments aka big banks and their overlords, this will be the absolute end of free world and people will willingly not only shift towards it but want it as in start it shall provide certain gibs
i am breaking this down in simple particles so retards can grasp it that once it happens there is literally no way of breaking free.
on quote countries i know are certainly currently in preparation for digital shift are whole NA, EU, JP, CN, AUS, Norway
also yes, eth is still good investment
you will not be able to purchase anything that government does not want you to purchase
all your transactions and purchases will be directly linked to your birth id and raise or lower your personal danger level to the society and system
again, there will be no way to make money outside of government imposed ways, you will do what you are told and there will be no place you can take exile in
even after your death, you still own nothing, and you get no saying where nothing you own is handed to as digital currency shift will slowly but absolutely swallow housing and land market