“We are composing to inform you that we can not continue serving you.
As an outcome of this decision, your account will be closed within 2 week from the date of this letter.
Any staying account balances will be sent out by check to the address we have on file.”
Eventually, anticipate your bank to send you a letter like this.
They won’t even tell you why they are closing your account, and you will probably have trouble opening accounts at other banks.
De-banking is a disturbing and growing trend.
In other words, the judgment elite– parasites, more properly– have actually weaponized the banking system to enforce conformity to their favored narrative.
If you do not lap up their lies about Covid, climate, elections, wars, rising crime, or whatever the media is hyping as the “present thing,” expect the financial hammer to come down on you without warning.
You might lose your capability to take payment from your consumers and pay your expenses at the drop of a hat.
We have actually seen banks close the accounts of popular medical professionals vital of the Covid mass hysteria and politicians opposed to plans to centralize power on an international level (globalism).
However, for every single example of a bank closing a prominent individual’s account, hundreds– or thousands– of other regular people most likely get the very same despicable treatment but are never spoken with.
Every day individuals are losing their capability to connect in the economy due to the fact that the elite have actually determined they committed a thought criminal offense.
Interestingly, the banks never canceled the accounts of the warmongers who spread out the lies about WMD in Iraq or the liars that caused the toppling of the Ghadafi government in Libya and the phonies that sustained the Syrian dispute.
All of their savings account remain in excellent standing, despite the fact that they added to the unnecessary deaths of many innocents.
Nor did the banks close the accounts of those who, for many years, marketed the Russiagate lies that tore the country apart or those who declared the Hunter Biden laptop computer story was counterfeit when it was, in truth, genuine and most likely impacted the outcome of an election.
All of their bank accounts remain in great standing too.
The banks also did not close Jeffrey Epstein’s accounts, even though they were likely knowledgeable about what he was up to.
These are just a couple of examples of the outright double requirement.
If you are doubtful about whether guys can get pregnant or if cow farts will destroy the world, you should expect extremely different treatment than Jeffrey Epstein or people whose lies align with the military-industrial complex.
De-banking is another example of how previously complimentary societies are quickly descending into high-tech totalitarianism.
It’s just prudent to expect de-banking to aggravate as federal governments fall much deeper into personal bankruptcy and become more desperate to keep control. Managing the narrative– partially by de-banking anyone with opposing views– is crucial for them to try to hold on to their power.
Today you can be de-banked for having the wrong opinion. Tomorrow you might be de-banked for even more insignificant factors.
For instance, even if you loyally follow whatever the television tells you to believe, the banks may observe you are buying “too much” meat or gas and are therefore exceeding your monthly carbon allowance. In the name of saving the planet and preserving their ESG scores, they’ll close your account.
Think that’s far-fetched?
Consider that currently, today, Bank of America shares all gun purchases from its clients with the FBI. It would be ignorant to presume they and other banks don’t automatically share extra data.
Or that PayPal recently drifted the idea of charging people $2,500 for promoting so-called “misinformation”– a vague propaganda term that actually means “info individuals in charge don’t want you to know due to the fact that they hesitate you will come to a conclusion they do not like.”
It’s not tough to see where the de-banking train is going.
We’re just a couple of stops away from a full-blown social credit system.
There Is No Free Enterprise in Cash and Banking
Cash is just supposed to be something helpful for saving and exchanging worth.
Banks are merely supposed to be cash warehouses.
Nevertheless, that is not how it works today.
Federal governments have actually perverted cash and banking into tools to control the population.
An unconvincing argument you might hear is that banks are personal business exercising discretion on their customers. They are within their right to de-bank whoever they want.
They state it is no different from a baker deserving to decline to bake a cake for someone they do not like.
You might make that argument if only there was a completely free market in money and banking … however there isn’t. Not even close.
Here’s a more precise example.
Picture a scenario where the only bread offered on the market is federal government bread, and the only way you could obtain such bread is through government-approved bakeshops. Independent bakeshops would not exist.
The government could then apply overt and subtle pressure on the bakeshops to ensure they lined up with their preferred narrative by eliminating their approval to run or threatening to. They might likewise impose fines, start invasive investigations, or add more policies.
There would be no shortage of methods a bureaucrat might find to make things undesirable for the pastry shops.
The bakeries’ owners know such a vibrant exists, so they enthusiastically fall in line with the “present thing” to prevent problems.
Then, suppose it ended up being known to the bakery that one of their customers had actually dedicated a thought criminal offense. They wouldn’t hesitate to toss him to the curb, even if he had been a loyal consumer for many years. It just would not be worth the potential issues. Word would infect other pastry shops that he was difficulty, and they ‘d prevent his service too.
Given that the only bread on the marketplace is government bread, which is just offered from government-licensed bakeries, he would be not able to acquire bread.
A comparable scenario exists today in cash and banking.
In Marx’s Communist Manifesto, the 5th plank calls for the “centralization of credit in the hands of the state, by methods of a nationwide bank with state capital and a special monopoly.”
That completely describes fiat currency and the Federal Reserve, which supervises the banking system.
The free enterprise wouldn’t choose easy-to-produce government confetti as cash without laws forcing their use.
Here’s another method to think of it.
Imagine if Tony Soprano forced his area to use notepads with his signature as money and threatened violence versus anyone who disobeyed. That’s what governments are finishing with their currencies today.
It’s a far cry from when individuals utilized gold– a politically neutral, hard-to-produce possession voluntarily chosen on the marketplace– as money.
That’s why the notion of a free market in money is absurd.
We do not have free market money; we have communist cash forced upon us with violence and dangers of violence. Even more, for most useful functions, the banking system is required to utilize this lousy “cash.”
Likewise, modern banks are not animals of the free enterprise like the independent cash warehouses of the past. Today banks exist at the satisfaction and service of the state– and obtain special opportunities as a result.
Possibly the most apparent observation is that there would be absolutely no government bailouts in a free market and definitely no such thing as “too huge to stop working” banks. By the way, it’s no coincidence that the most outright de-bankers are the “too huge to fail” banks.
Further, contemporary banks resemble government-sanctioned Ponzi Plans, as they depend on the false belief that depositors’ (fake) cash is easily offered when, in truth, it isn’t due to the fact that of fractional reserve banking. If only a small part of depositors required their refund, most banks would be in big trouble.
Governments permit banks to devote this fraud that would be unlawful in any other market.
For example, envision a fractional reserve cars and truck dealership or precious jewelry shop where the vehicle salesman and precious jewelry store owner could produce 10x more claims for automobiles and pieces of fashion jewelry than what actually exists in their stocks. They would be selling claims for products that do not exist.
Not only would such a practice be fraudulent, however it would also not be sustainable.
If even a few individuals who acquired fractional reserve claims on the nonexistent automobiles and fashion jewelry asked for delivery, it would blow the entire scam up.
The federal government and the banks comprehend this dangerous dynamic, which is one factor they developed the so-called “lending institution of last hope,” the Federal Reserve. When the banks get in problem, the Fed can develop brand-new currency units out of thin air to bail them out.
Let me equate it into plain English.
A “loan provider of last hope” implies legalized counterfeiting of the currency to backstop a legalized Ponzi Scheme.
Such outright scams would have no place in a free enterprise for cash and banking. However, due to the fact that it is institutionalized and has the federal government’s blessing, the majority of people thoughtlessly accept the scenario as normal.
In a truly free enterprise for money, people would willingly select whatever was most suitable for storing and exchanging value. Historically, that implied gold due to the fact that it was the one physical product that was hardest to produce and most resistant to debasement. Tomorrow it may be Bitcoin.
In a truly free market, banks would stop to be government-sanctioned Ponzi Schemes and go back to their historic role as independent money storage facilities. Further, anybody could enter the banking organization in a free enterprise; you wouldn’t require the approval of the Federal Reserve cartel, as banks do today.
That’s why the argument that de-banking is just private companies rightfully exercising discretion is disingenuous.
The ideal service is to get the government completely out of banking and cash and have a completely free enterprise. But that’s probably not going to occur anytime quickly.
So what can you do about de-banking?
Initially, don’t expect to use physical cash as an option for long.
The elites have long had dubious plans to get rid of cash. Today they’re on the cusp of being successful.
In any case, currency debasement combined with a refusal to release larger costs is rendering money irrelevant.
For instance, although the Fed has debased the dollar by over 88% given that 1969, it still refuses to release notes larger than $100. This will only worsen, and the $100 expense will be worth less and less– if it is not prohibited outright.
Cash is not the solution to de-banking.
Physical gold bullion coins are a partial service. They will help secure you against currency debasement, but they will not work well as an alternative to the benefits of the banking system.
It’s challenging to use physical gold to get payments from your clients and to pay your expenses without the assistance of a counterparty– which might be based on the same pressures to cancel your account as banks.
What is needed is an alternative to the banking system with no counterparty threat at all …
Consider a traditional bank that you utilize.
The bank is needed to keep an internal journal of accounts and balances, including your balance and deal history.
It would be impossible to keep precise records without a trusted centralized entity identifying what is true for everybody in this circumstance.
Now think of an innovation that removes the need for the centralized entity (the bank) to keep an accurate record of all the accounts, balances, and deals.
Now, that’s a disruptive innovation … which’s exactly what Bitcoin does.
Bitcoin efficiently permits everyone to be their own sovereign bank without needing trusted 3rd parties … and is at the exact same time the most debasement-resistant cash the world has actually ever known.
Bitcoin uses regular individuals a sanctuary. They can easily use it to hold, send out, and get worth without the authorization of any 3rd party.
As the de-banking pattern accelerates, there’s never been a time when it’s been riskier NOT to own Bitcoin.
In short, I believe more and more individuals will discover Bitcoin as the best option to the rotten banking system.
In that sense, de-banking is, in fact, a giant ad for Bitcoin.
Here’s the bottom line.
The banking system has become weaponized, and it’s just a matter of time prior to your number comes up.
Don’t be complacent, and act to secure your cash prior to it’s far too late.
I believe the banking system could have huge issues soon … and it will not be pretty for many people.
Couple of individuals understand what is truly occurring.
And even less understand how to prepare.
That’s why I’ve just released an urgent PDF report exposing 3 ways you can do that.
Inspect it out as quickly as possible because it might quickly be too late to act. Click on this link to get it now.