Financial System Has Come to an End – Martin Armstrong
Greg Hunter, 24 July 2021
Legendary financial and geopolitical cycle analyst Martin Armstrong thinks we have come to the end of the line for the financial system, and this is why globalists are on a power grab of epic proportions. Armstrong explains, “The system has come to an end. They know they can no longer borrow indefinitely. So, what is this “Great Reset’?
It is basically a move to redesign the world monetary system. They are going to stop the borrowing that they are doing, and they are just going to print. You also have this move for a digital currency. Once they move to a digital currency, they can impose negative interest rates and just take money out of your account at will. People don’t realize what this really is. . . . I believe Bitcoin was started by the government to get this whole ball going. If I gave you a $100 bill, they don’t know where I got the $100 bill from. However, if I give you that in Bitcoin, not only do they know I gave it to you, but they know where I got it from. It can be completely traced all the way down. That is a tax authority’s dream. You have to understand what they are selling is really a totalitarian regime.”
Rule of Law Collapsed in USA – Martin Armstrong
Christopher D. Armstrong is a member of the executive committee at the Federal Reserve Bank of New York. He is executive vice president, Wholesale Product manager and head of the Financial Services Group at the Federal Reserve Bank of New York. He is also on the Bank’s Executive Committee. Before joining the Bank, Armstrong worked at the Raytheon Company. Armstrong received his bachelor’s degree in mechanical engineering from Virginia Tech and his master’s degree in business administration from Bryant University.