Jim’s Daily Rant. How Might Trump Wipe Out The Federal Reserve And When?

The First Step:

Create a Crypto money that will be considered Legal U.S/ Money. I think this was done yesterday when Trump signed into law the new Stable Coin Bill (Genius Act). There are two more coming if his luck holds out, that being:

UPDATE: Alongside the GENIUS Act, the House also passed the CLARITY Act, which seeks to establish clear definitions for digital assets and delineate regulatory authority between the SEC and CFTC. Lawmakers advanced a third measure as well—the Anti-CBDC Surveillance-State Act—which would bar the Federal Reserve from issuing or testing a central bank digital currency. Both bills now move to the Senate for consideration.    Source

Step Two:

Trump might have already (or in the future) create a Stable Coin that can be registered with the SEC and audited (in one day) guaranteeing that it holds gold and other commodity wealth certifying it’s secured stated wealth.

Step Three:

Cheat in valuing that Stable Coin’s wealth. Suppose Congress votes to leave the LBMA in London City in setting our gold price and sets it’s own gold price instead. The BRICS just did this very thing yesterday.

See: BRICS Central Banks Cut LBMA Out. (17 Minute Video)

For fun, let’s use $9,090 per ounce, the amount shown on USDebtClock.org, (Dollars to Gold Ratio). This would increase its value 3 fold.

Step Three:

Get some ‘splaining on legal Tender (Money).Did you know that according to legal U.S. precedents based on the Constitution, if a party offers to pay off a debt using legal tender (money), and the receiving party refuses the money, that debt is now considered legally void.

Legal tender is a form of money that courts of law are required to recognize as satisfactory payment in court for any monetary debt 1]Each jurisdiction determines what is legal tender, but essentially it is anything which, when offered ("tendered") in payment of a debt, extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt.

Coins and banknotes are usually defined as legal tender in many countries, but personal checks, credit cards, and similar non-cash methods of payment are usually not. Some jurisdictions may include a specific foreign currency as legal tender, at times as its exclusive legal tender or concurrently with its domestic currency. Source

Step Four:

The First James Bond Movie – Gold finger.

Watch this 3 Minute scene on how to ruin a lot of gold. Link

Step Five:

Be aware that when I was in my early 20’s I worked for the City of Pensacola, in the Finance Department. One of my duties was every two weeks two contracted gentlemen would pull the coins out of the parking meters and count the money. I was to supervise the counting and then using a policeman as a witness, deposit the sacks of coins in the bank.

As their cart was filled they poured its contents into wash tubs in a locked cage in the City Hall Basement. A woman in Finance had the key to the cage and cart.

During the counts the contractors noticed a sudden lack of quarters in the tubs. The police sprinkled an invisible dye on the coins in the top of the tubs that turned red once touched.That woman was returning during her lunch hour and was helping herself. She was caught red handed.

Step Six:

Wire the entire U.S. Balance owed to the Federal Reserve using the New Stable Coin, soon to be legal Tender, with the stipulation that the receiver (Fed Reserve) must receive it within 10 minutes. That will liquidate the entire debt. The U.S. relationship with the Fed Reserve will be terminated, so now the U.S. Treasury can be used in it’s place. This is sudden death to the Fed Reserve and most Central Banks.

If the Fed is afraid to take the payoff timely, the Fed just broke the legal Tender rule. If you ask why they might be hesitant to accept the payoff, it would be they can’t secretly divide it up using a Quantum Financial System to track their every move.

I can’t say this would happen or not, but it’s worth a try.

Timing:

My feeling is once the other two laws are passed by the Senate, Trump can execute a plan like this. He might want to insure primary Deep State actors are gone such as Obama, Comey and others. Don’t forget he can now fire any Federal employee at will. At first glance one might think Obama and others need to be indicted and tried first. I contend that once the public sees them “red handed”, they are out of play.

So I say as soon as the two other Crypto laws are signed by Trump, watch out from then on.