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RE: 2018 The Year Of Financial Collapse? The Economist Cover 1988, Uranus in Taurus And Master Number 11, Deutsche Bank Breakdown, Governments Debts

in #finances6 years ago (edited)

@perceptualflaws, @flauwy. Great article and great comment.

The currency reset is on its way, and yes, it is likely to occur during a moment of crisis.

The plans for this are already well written.

Will it be a digital currency? There are elements which suggest that it will be available in digital format, perhaps as part of the excuse for the reset. The old and new currency are likely to operate alongside each other for a while. However the old currency will, to all intents and purposes, be a foreign currency which can be bought and sold via banks, and foreign exchange bureaux. It wouldn’t be terribly different from the decimilisation in the UK when you could have paid 240 old pennies or 100 new pennies for exactly the same thing. In other words, old and new, digital and physical, will operate alongside each other.

As far as the benefits to the country. The economy will be running officially on the new currency.. National economy will not be burdened by the old currency and the national debt nominated the old currency.