This is critical information about the coming financial reset, specifically regarding tokenisation of all assets, financial and otherwise. At the WEF summit in Davos, it was clearly stated that it was essential for the powers that be to know where all the money was, and that people’s ability to spend must be deliberately curtailed through taxation. They don’t mean a moderate increase in taxation, they mean taxing people down to virtually a subsistence level of existence.
Europe is introducing taxation of unrealised gains. This means that if your house increases in value, you will get a tax bill for the increase even though you haven’t sold your house. If you can’t pay the tax bill, you’ll be forced to sell your home to cover it. In the meantime your property taxes (rates) will be skyrocketing and so will the cost of insurance, on top of the costs of essentials like food. The food supply will be reduced by the lack of fertiliser, since some 35% of the world’s fertiliser is blocked in the Straits of Hormuz, just as planting season begins in the Northern Hemisphere. Farmers cannot afford to plant as prices have gone through the roof. This will force up food prices dramatically. They mean to end private homeownership, and ownership of other assets, by forcing to be liquidated in a firesale.
Tokenisation is the consolidation of all asset ownership on a single centralised ledger. The point of this, apart from central oversight of all assets ownsership, is to make illiquid assets liquid, so they can be used as collateral in a financial system starved of collateral. Transactions would be instant. You could be taxed a portion of your home, or other asset, as fractional ownership becomes possible. You could be fined a portion of your home if you upset the government with your opinions, and there would be no appeal. Of course this adds to the likelihood that holding assets will not be possible for ordinary people.
This is to be combined with programmable digital currency, with cash withdrawn as an option. This means that the entirety of your (now very limited) finances would be known to the powers that be, and they would have the power to tell you what you could spend your money on, and where you could spend it. This, along with the skyrocketing price of fuel, is meant to severely curtail your mobility. It’s a rationing system by another name, but it’s only meant to apply to ordinary people. The Epstein class is exempting themselves, as they intend to continue living the high life at our expense. Their policies are going to kill small businesses, by design, as they intend to crush independence, forcing the population on to digital Univeral Basic Income (UBI), making people utterly dependent on government. UBI will have rules including a maximum amount that one can save, menzing that ordinary people would never beable to accumulate significant purchasing power. They intend that we should live roughly the life of an 18th century peasant.
It’s essential that people try to avoid the trap that this represents. It begins with digital ID. That is the entry to the trap, and it must be avoided if at all possible. If they cannot get everyone on to digital ID, their plans will fail. In my opinion, they will fail eventually anyway, because their plans vor vastly increasing system complexity are dependent on energy supply, which has peaked globally and is now being drastically curtailed by the war in the Gulf. People need to try to remain independent for long enough for the Epstein class to fail. Use cash wherever possible. Avoid digital ID. Get out of debt as a priority. Help each other so as to reduce the need for an exchange of money. Try time banking. Establish local currencies. Find ways to exist outside of the system. Lower your expectations of material prosperity drastically so as to adapt in advance to the Greater Depression conditions that are coming. If you can, hold purchasing power outside of the system. This would be primarily metals, but bitcoin may have a temporary role to play, especially if moving purchasing power across international borders. Beware of metals confiscation, as this is extremely likely to occur, as it did during the Great Depression of the 1930s. Don’t count on receiving the pension you paid into. It won’t be coming, and their policies will be deliberately reducing lifespans in order to limit obligations to older citizens.
I will be covering all of this here. This is the most important tipping point in human history.
