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Last months were rich for political events, terrorist attacks, attacks on US senators, and so on but really important events are happening right now without attratcing too much attemtion. Let me show you some really important events you have to know about.
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Trump Said to Pick Quarles, Goodfriend for Fed: NYT - Bloomberg

I'm sure most of you haven't heard about Mr "good friend". I dont think it is a real last name, but rather some masonic nickname. Kind of "good policeman" which is opposed by "evil policeman". This man has a recipy how to deal with economic crisis in US and in the whole world. As a side effect, the medicine proposed by a "good friend" will make new world order a bit closer to you.

The medicine he proposes is described in his article THE CASE FOR UNENCUMBERING INTEREST RATE POLICY AT THE ZERO BOUND
For those, who are bored to read such a long article, here is a brief explanation:

"good friend"'s plan consists of three parts:

1) "abolish paper currency"
2) "introduce a market-determined flexible deposit price of paper currency"
3) "provide electronic currency (to pay or charge interest) at par with deposits."

Yes, only electronic money which are owned by central bank [highlight=#E0E0E0]and requires you to have a special sign on your right hand[/hightlight].

In section 6.A(pages 24-25), "good friend" explains how to "help" the population to make the "right" decision.
Hence, the public is likely to resist the abolition of paper currency at least until mobile access to bank deposits becomes cheaper and more easily available, ATM charges for access to paper currency become excessive, and/or electronic currency substitutes become widely available

..then, he continues on page 26:
The deposit price of paper currency would adjust flexibly much as floating exchange rates adjust to equilibrate the foreign exchange market when international interest rates differ from each other. More relevant, the flexible deposit price of paper currency would behave as it actually did when the payment of paper currency for deposits was restricted in the United States during the banking crises of 1873, 1893, and 1907.

I think that Pavlov's reform in USSR in 1991 will be much more relevant to his paper, because it is describing nothing but partial confiscation of deposits camouflaged by demagogy. Let's say you have $100 on your deposit, but you cannot get them. However, you can exchange these $100 for "unblocked" $90.
Also, according to "good friend", all your payments must be processed by central bank. That means your credit cards will belong to one central bank, and in future - to one world bank. You know what it means, right?

Another, less visible short-term outcome of this "reform" is the de-facto introduction of second currency. The key difference with former cases of money reforms(USSR,1920s, Germany,1930s, etc) is that in previous cases the new currency was introduced.
In other words, there was one failed currency A, and new currency B was introduced to replace it. "good friend" proposes to split existing currency A into "paper money and deposits"(currency A1) and "electronic money"(currency A2). Then the population will be forced to exchange their bad paper money for good electronic money by negative interest rates and confiscatory "exchange" rates.

See also: Trump to Nominate for Fed Board an Economist Who Supports Negative Interest Rates and is Anti-Gold...and Then It Gets Worse

If you think that "good friend"'s plan is just an another article, look at the page 1:

Designing Resilient Monetary Policy Frameworks for the Future”
Jackson Hole Economic Policy Symposium
Federal Reserve Bank of Kansas City
Jackson Hole, Wyoming
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