Pastor L Williams was live a few secs ago. w/fresh < 3wk old intel...

[beefsteak]

Here in a nutshell is what PLW said was his latest intel:

Nov 21, 2002 in Bernake's speech to the Economist Club of Washington DC...is where Williams was told by his elite contact, in just the last few days as to what to watch for coming up next:

A 40% US Dollar Deval ala the 1930s...is NEXT.

And it will happen over a weekend.

L. Williams was told
all 4 of the 5 things in that 10 year ago speech have all been done already...
just as Ben said he was going to do if he was appointed FR Chair,
and
exactly in the order he outlined the 5 steps--4 of which have already been executed, if he was appointed FR chairman by his handers.

Exactly.

Only one point in the 5 point speech left: the 40% devaluation, directly ahead.

PLW said he was not given a date for when this would occur, but only that he was told by his elite friend to go read that GOV. Ben speech, and was told to do so no further back than 9 days, b/c the gift of the FR to Europe of 600 Billion which occured on Sunday, Dec 25, was included in the message as part of the proof of the elite who was passing along the intel.

There. Just saved you all some time and some DVD bucks.

Here's the entire speech couched in 10 year old economist/CB governor/academic lingo:

http://www.federalreserve.gov/boarddocs/speeches/2002/20021121/default.htm

----------------------

OBSERVATION:


When I read it, I read that deval reference as a simile-- that the 40% deval back in the 30s, was strictly a historical reference/reflection point.

That is not what was conveyed to Lindsay by his elite contact...that was really made clear.

This 40% deval was conveyed as one of their code of ethics foretelling deals..."[WE] reveal what we're gonna do to the sheeple before we do it"....as in a blueprint and not a simile historical reference.

That part was a surprise to me.

I got the simile part.

What I was NOT expecting was for PLW to pound away on this 40% deval. as being "blueprint" <---my characterization) instead of a folksy, homelitic sermon point... by the "imploring watchman in the tower" PLW.


beefsteak

[PatColo]

was this PLW's appearance on Rense radio tonight? If so, the hour will repeat shortly, 11PM -12AM PT, listen: http://www.renseradio.com/listenlive.htm

[Uncle Salty]

How exactly do they devalue the currency by 40%? Against what? Other currencies? The dollar floats. It's not like they can revalue the dollar against the price of gold, as gold floats against the dollar as well.

Maybe against oil as OPEC could all of a sudden demand another 40% in US dollars for a barrel of oil. But other than that, how exactly does one devalue the dollar?

[Cebu_4_2]

But other than that, how exactly does one devalue the dollar?

Inflation.

[PatColo]

check
Argentine economic crisis (1999–2002) (http://en.wikipedia.org/wiki/Argentine_economic_crisis_%281999%E2%80%932002%29)


^ that's ziopedia, IE won't give the "conspiratorial perspective", so just search the web re the same for other perspectives.

LW hour is on again now BTW, can still hear the last 15 min segment, last repeat of this show will be tomorrow 10 - 11 AM PT,
http://www.renseradio.com/scheduleA.htm

^ I just noticed David Duke has a show on Rense now? Live 8-9 AM, repeat 1 - 2 PM, and 6 - 7 AM

[Hatha Sunahara]

You can devalue the dollar by issuing a new currency. If they offer you 60 cents for your old dollar, wouldn't that devalue your money by 40%?

They could let the price of gold and silver rise by 40%--which inflation will do by itself.



Hatha

[Serpo]

Or its already happened...............not really

[ximmy]

hear it on youtube infowars


http://www.youtube.com/watch?v=IULvnqb1BOg

[beefsteak]

How exactly do they devalue the currency by 40%? Against what? Other currencies? The dollar floats. It's not like they can revalue the dollar against the price of gold, as gold floats against the dollar as well.

Maybe against oil as OPEC could all of a sudden demand another 40% in US dollars for a barrel of oil. But other than that, how exactly does one devalue the dollar?

Against Gold, as the only sound alternative currency left.

Nice extrapolation to immediately put it into Oil Terms. The thought of $3 gas being dang near $6 gas overnight is a systemic shocker, and with only 1/2 of the buying power one had only a few hours before the unannounced deval.

That was the other point PLW made...that this re-val would not be announced in advance, anymore than the prior one was, when gold was $20.67 on Friday and then $35 on the following re-open for banking business event. PLW was consistent in that "sudden" deval point he was making. I believe he was referring to the fact that the elite wouldn't give him a specific date, not even a general sense as to when it was going to occur....just THAT it was going to occur, and that it was "next" as pre-announced by Bernake 10 years ago in DC speech. (Link above.)


beefsteak

[Large Sarge]

ok, I listened to PLW from aJ, and he talked the same thing, but then he talked about the devaluation, and referenced 1933.

now, unless I misheard him, he kept saying the 1933 devaluation was 40% for the dollar.

but see, it was a 75% increase in the golds price ($20 to $35)

now, I might have misheard it?

any thoughts?

is the dollar value tied directly to the "official gold holdings", 8000 tonnes at fort knox, I know there is nothing there

but see, the holdings are valued at something(perhaps $35 still), and Then the 8000 tonnes is a percentage of the world gold holdings (say 20% or whatever, i could do the math, but I have not had enough coffee yet)

anyway, all thoughts welcome here, important developments

[PatColo]

at the end of this clip, AJ says NDAA bill is in prep for $ deval & econ implosion,

http://www.youtube.com/watch?v=KdxXhn3We7U

http://www.youtube.com/watch?v=KdxXhn3We7U

Happy New Year: Obama Signs NDAA, Indefinite Detention Now Law of the Land (http://www.prisonplanet.com/happy-new-year-obama-signs-ndaa-indefinite-detention-now-law-of-the-land.html)

[Golden]

Ron Paul Stumping In Iowa, Gets Cut Off By CNN As Soon As He Brings Up The NDAA

http://www.youtube.com/watch?v=P3WVltMmMuQ
http://www.youtube.com/watch?v=P3WVltMmMuQ
Uploaded by FederalJacktube6 on Jan 2, 2012

[undgrd]

You might be right but, they cut off his feed right at the 5:00 minute mark.

[SWRichmond]

ok, I listened to PLW from aJ, and he talked the same thing, but then he talked about the devaluation, and referenced 1933.

now, unless I misheard him, he kept saying the 1933 devaluation was 40% for the dollar.

but see, it was a 75% increase in the golds price ($20 to $35)

now, I might have misheard it?

any thoughts?

is the dollar value tied directly to the "official gold holdings", 8000 tonnes at fort knox, I know there is nothing there

but see, the holdings are valued at something(perhaps $35 still), and Then the 8000 tonnes is a percentage of the world gold holdings (say 20% or whatever, i could do the math, but I have not had enough coffee yet)

anyway, all thoughts welcome here, important developments

Yes, 70%. I think the pastor must be math-challenged.

[Large Sarge]

Yes, 70%. I think the pastor must be math-challenged.

see, I thought so also, but see the dollar is only partly backed by gold, and then add in sinclairs famous formula/line, that as you get furtherinto the gold bull market (which is really a dollar bear market), well the same move down in the dollar, causes a greater move iup in gold.

i.e. Dollar index 0.75 in 2005 = gold at $500 in 2008 =Gold at $800 in 2011 = Gold at $1300 (just an example, but the data supports this)

so what I am saying is this, a dollar devaluation of 40%, might mean a gold revaluation of twice that (or more)

[DMac]

at the end of this clip, AJ says NDAA bill is in prep for $ deval & econ implosion,

http://www.youtube.com/watch?v=KdxXhn3We7U

http://www.youtube.com/watch?v=KdxXhn3We7U

Happy New Year: Obama Signs NDAA, Indefinite Detention Now Law of the Land (http://www.prisonplanet.com/happy-new-year-obama-signs-ndaa-indefinite-detention-now-law-of-the-land.html)

I don't want to start a thread on this subject because there is a possibility I end up with egg on my face as a fear monger so I am just going to write it in under this post by PC as this really is all connected.

I had some long conversations over the holiday week including some with active service people. One of which in particular is in command of NNN people within ZZZ branch of the military. This is a person that is not awake. This person has never subscribed to any conspiratorial aspect of history. We were talking about NDAA. This person informed me of commands coming down from up top about NDAA, and that it is exactly about preparing for the upcoming civil unrest when the dollar shock happens. It was not an easy conversation. This person described how there is preparation for firing on civilians taking place right now. Civil war is something they are planning for.

Act accordingly.

Sorry for being vague. I hope you can understand why.

[undgrd]

I enjoy your posts and respect your opinion DMac. That said...I have to ask if you personally know these folks (longtime friends/family) or were they just some military folks you happened upon?


Edit: I'm guessing you know these folks or you wouldn't have posted.

[DMac]

I enjoy your posts and respect your opinion DMac. That said...I have to ask if you personally know these folks (longtime friends/family) or were they just some military folks you happened upon?


Edit: I'm guessing you know these folks or you wouldn't have posted.


Known and trust for a very long time.

[midnight rambler]

I don't want to start a thread on this subject because there is a possibility I end up with egg on my face as a fear monger so I am just going to write it in under this post by PC as this really is all connected.

I had some long conversations over the holiday week including some with active service people. One of which in particular is in command of NNN people within ZZZ branch of the military. This is a person that is not awake. This person has never subscribed to any conspiratorial aspect of history. We were talking about NDAA. This person informed me of commands coming down from up top about NDAA, and that it is exactly about preparing for the upcoming civil unrest when the dollar shock happens. It was not an easy conversation. This person described how there is preparation for firing on civilians taking place right now. Civil war is something they are planning for.

Act accordingly.

Sorry for being vague. I hope you can understand why.

Did this party allude to any time frame...like 90 days, 180 days, etc.?

I'm speculating it's on the fast track 'cause orders don't 'come down' unless something is on the event horizon since 'they' tend to treat the troops like mushrooms.

[DMac]

Did this party allude to any time frame...like 90 days, 180 days, etc.?

I'm speculating it's on the fast track 'cause orders don't 'come down' unless something is on the event horizon since 'they' tend to treat the troops like mushrooms.

I wish there was a mention of timeframe. Mushroom treatment is definitely in effect. This person was not able to state a specific time, it was unknown. We here at GSUS have speculated how this whole shebang could come down in weeks to possible a few years.

What was important was that this (civil unrest and you may need to keep order by any means necessary order) is being passed down the chain of command right now. I wish there were more details to give. I was very hesitant to even post this.

[midnight rambler]

Could someone please explain to me all the things the money powers accomplish by devaluing the US$ (other than stripping us of our wealth and resources, and setting us up to be more under the control grid).

[Horn]

It should happen directly after most government contracts are renewed.

[chad]

when is that?

[Spectrism]

Could someone please explain to me all the things the money powers accomplish by devaluing the US$ (other than stripping us of our wealth and resources, and setting us up to be more under the control grid).


Good question as we are now looking at this from the perspective of global controllers planning to do this for some reason.

Normally I would say they have to do this to keep the system from crashing. There is no way they can keep floating the debt without pumping up the money supply. The money supply is naturally deflating as defaults, debt paydowns and lack of new borrowing increase. The only answer to that is 1) crash the system , or 2) attempt to inflate the money.

BUT- if we are told globalists plan to devalue the money, we must look deeper.

Devalued money means the commoner cannot buy as much as before. The rich people already have their holdings in protected assets. This would cut off the 99%ers from doing anything. When people are in 2 categories: dependent upon the governemtn or working every hour just to survive, then they become less of a threat. Also, the fall of Amerika with its independently-minded populace and its previously lofty morality will make world domination safe for the beast ascending to that throne.

[Joe King]

Good question as we are now looking at this from the perspective of global controllers planning to do this for some reason.The "reason" is to bring America down to be more in-line with the rest of the World. How else could you expect to have the American people willingly join a World gov if Americans think they're the Worlds leader?

It's what it's always been about.
Just been a long slow road that's lasted several generations so that no one generation experienced enough change to make the big picture become readily apparent to all.



Normally I would say they have to do this to keep the system from crashing. There is no way they can keep floating the debt without pumping up the money supply. The money supply is naturally deflating as defaults, debt paydowns and lack of new borrowing increase. The only answer to that is 1) crash the system , or 2) attempt to inflate the money.Well, we've seen how the attempt to inflate has been going. Gettin' some traction, but seemingly not enough.




BUT- if we are told globalists plan to devalue the money, we must look deeper.

Devalued money means the commoner cannot buy as much as before. The rich people already have their holdings in protected assets. This would cut off the 99%ers from doing anything. When people are in 2 categories: dependent upon the governemtn or working every hour just to survive, then they become less of a threat. Also, the fall of Amerika with its independently-minded populace and its previously lofty morality will make world domination safe for the beast ascending to that throne.Quoted because it's true.

[Half Sense]

I guess I don't understand what a "dollar event" could be. We all wake up one day and stop pretending the dollar is worth something?

[Jazkal]

The only thing I can think of to pull that is to switch to a "New Dollar", probably leaving coinage as a 1 to 1 at least at first. Unless the "New Dollars" are 100% digital (cashless).

How else would you devalue it? Well maybe if they dumped 10's (or 100's?) of Trillions of Dollars into the system, that would inflate pretty fast. Not sure you could control it well enough though.

What am I missing?

[Uncle Salty]

The only thing I can think of to pull that is to switch to a "New Dollar", probably leaving coinage as a 1 to 1 at least at first. Unless the "New Dollars" are 100% digital (cashless).

How else would you devalue it? Well maybe if they dumped 10's (or 100's?) of Trillions of Dollars into the system, that would inflate pretty fast. Not sure you could control it well enough though.

What am I missing?

Maybe they print new dollars. All foreigners holding old dollars get to use them at their face value. All Americans need to cash in the old dollars for new dollars and only get 60% back. Americans then get the haircut while foreigners maintain their purchasing power?

[Large Sarge]

Maybe they print new dollars. All foreigners holding old dollars get to use them at their face value. All Americans need to cash in the old dollars for new dollars and only get 60% back. Americans then get the haircut while foreigners maintain their purchasing power?

operation twist was a pseudo form of this, jim willie covered it, but it was basically a way for foreigners (chinese) to unload long term debt for short term debt, without suffering a loss

they had to appease the chinese before the next QE

[Half Sense]

OK, they could do it by requiring all accounts, cash, and coinage to be converted by a certain date into NEW DOLLARS or DIGITAL DOLLARS. Frankly, I can't see them allowing physical cash again, unless maybe it is RFID embedded coinage that creates a digital record every time it changes hands. I think they would go to a 100% traceable money system. Then they would essentially OWN each of us - tracking every transaction and having the ability to freeze or confiscate your assets at any whim. The only escape would be black markets or barter, and these would receive much more official scrutiny, and carry much higher risks.

[chad]

why do they need to exchange or create new dollars? can't they just print the shit out of it so it's worth 40% less? i must be missing something.

[Half Sense]

why do they need to exchange or create new dollars? can't they just print the shit out of it so it's worth 40% less? i must be missing something.

They're doing that anyway, but it's being used to prop up insolvent banks, so it disappears down a black bankster hole instead of going into the real economy where it can affect prices.

[woodman]

Fiat creation and possibly exchange rates. It has always worked before, why not again? The only other way they can devaluate is by pegging it to precious metals at an artificial price, in which case they must hold the metals. This itself is pegging to another currency, gold and silver. The government after all was the original adherent to the "if you don't hold it, you don't own it." meme.

Their check kiting with counterfit dollars scheme has almost reached an end. Get ready for destruction. There is a reason why they are pushing toward tyranny so hard so fast. In order to implement a cashless system they will have to maintsream a lot of marginalized people and they don't have the resources to do that. There is still a huge segment of the population that use cash and can only use cash for the foreseable future. They don't want to lose benefit of all these marginalized Morlocks just yet. Maybe this is the reason for the Fema camps?

What is amazing is how long England has been able to keep using the pound. The pound empire is not near the size of the dollar empire though and thus it is easier to maintain appearances. Isn't that what it is all about? Appearances. Substance was thrown out of the money creation game long ago.

But what do I know....

[DMac]

Regarding a ~40% devaluation, a possible scenario is something where a group of nations decide at once to no longer accept USD in oil trades. Since all these players are working for the same team the FED would step in as buyer of last resort of all UST bonds held by countries such as China, Brazil, others...

Those dollars would flood back to the US money supply causing a tremendous shock/inflation event.

Just 1 possible scenario.

[chad]

Regarding a ~40% devaluation, a possible scenario is something where a group of nations decide at once to no longer accept USD in oil trades. Since all these players are working for the same team the FED would step in as buyer of last resort of all UST bonds held by countries such as China, Brazil, others...

Those dollars would flood back to the US money supply causing a tremendous shock/inflation event.

Just 1 possible scenario.

maybe that's what they've been trying to prevent by invading iraq, libya, iran next...

[Joe King]

Regarding a ~40% devaluation, a possible scenario is something where a group of nations decide at once to no longer accept USD in oil trades. Since all these players are working for the same team the FED would step in as buyer of last resort of all UST bonds held by countries such as China, Brazil, others...

Those dollars would flood back to the US money supply causing a tremendous shock/inflation event.

Just 1 possible scenario.That's what I think has a high probability of happening.
ie IMHO, the "money" needed for a hyper inflation has already been created and is currently sitting on the side-lines.....so to speak. If it all suddenly comes into play, look out below!

When Treasurys come due, haven't they for the most part simply been "rolled over" into new Treasurys? For the past how many decades?
If the "wealth" those bonds represent suddenly starts seeking tangible goods and services, what would happen then?

[woodman]

That's what I think has a high probability of happening.
ie IMHO, the "money" needed for a hyper inflation has already been created and is currently sitting on the side-lines.....so to speak. If it all suddenly comes into play, look out below!

When Treasurys come due, haven't they for the most part simply been "rolled over" into new Treasurys? For the past how many decades?
If the "wealth" those bonds represent suddenly starts seeking tangible goods and services, what would happen then?


Like a precipitate coming out of solution, once the reaction starts (no matter the catalyst) it will begin in earnest as everyone (all us mice and ptb rats) try to exit a sinking ship. Spend it before it is worthless.