This is a great interview - as a financial advisor with my own practice in Ontario, I know that people are seeking answers (as found here) and open conversation about the future of our country! Much appreciated.
Credit Unions have legislative requirements BECAUSE they are registered corporations. Registered with the criminal government. A PMA is NOT registered with the criminal government and their legislations DO NOT APPLY. The PMA is Private and is responsible to the MEMBERS ONLY! We need a PMA which provides banking services to the members and IS NOT registered with CRIMINALS!!
a PMA would not be able to provide access to services in the same way a registered entity can. commerce is held through this nexus, the most a PMA can do is handle assets its members have submitted to the org. this excludes the CAD, since all CAD are owned by the Bank of Canada, you just hold it, not own it. so in this capacity a PMA comes short. PMA also removes all liability protections that are allotted to registered entities, which is something to compare. A PMA can have its own notes that represent assets that were put into it, and it can also fee people in those notes, since it is the sole ownership of those notes it can issue them according to the assets it owns that are submitted by its members. such as silver, or whatever asset or value that's used to back its notes. but, it cannot touch Canadian Dollars or it falls into the trap and financial liabilities of Bank of Canada's ownership. You can tie a PMA into being a casino or having a casino operate in the notes the PMA creates which would allow it to be able to facilitate buying and cashing out in CAD, but if that's the case it would also be obliged to the same regs around that. For banking Charter banks or Challenger banks exist too, which are private institutions which are also banking vessels that are registered in the same way as a financial institution but constituted differently. basically everything with the CAD you will be obliged to be registered because it is owned by the Bank of Canada. CADs really are an obsolescent currency as its currently constituted there is no real charter behind its creation beyond the BNA act there's no real charter behind what value its being tied to the philosophy behind the currency is willy nilly obscure and just a play thing to be had by tier 1 banks and the Government of Canada to dispense however it pleases. essentially the CAD is Government of Canada goodboy points. its worth is only determined by the extortion Revenue Canada does upon the citizenry which obliges their payment in it.
What are the top 3 credit unions in BC to use? If I take my money out of my current bank to switch it over, will my bank flag me as taking out a certain amount of money? Is someone like des Jardins a place to keep my money? Or is that more for investments?
Great presentation. Thank you. Would have like to have his thoughts on bail ins. Is there any place that protects your assets. Don't necessarily mean an institution but asset class? Who is most vulnerable to a bail in? The line in the sand has to be the digital id and open banking.
In Holland the banks inform people they must spend their money if it’s over a certain amount as they must keep the economy going. They have to spend it.
This video needs to go viral.
This is a great interview - as a financial advisor with my own practice in Ontario, I know that people are seeking answers (as found here) and open conversation about the future of our country! Much appreciated.
USE CASH! USE CASH! USE CASH!
Hell… I like the look on the Snow Flakes face when they try to count back the change….😂
Excellent interview. Thank you APP and Brett. Very informative and insightful.
Credit Unions have legislative requirements BECAUSE they are registered corporations. Registered with the criminal government. A PMA is NOT registered with the criminal government and their legislations DO NOT APPLY. The PMA is Private and is responsible to the MEMBERS ONLY! We need a PMA which provides banking services to the members and IS NOT registered with CRIMINALS!!
a PMA would not be able to provide access to services in the same way a registered entity can.
commerce is held through this nexus,
the most a PMA can do is handle assets its members have submitted to the org.
this excludes the CAD, since all CAD are owned by the Bank of Canada, you just hold it, not own it.
so in this capacity a PMA comes short.
PMA also removes all liability protections that are allotted to registered entities, which is something to compare.
A PMA can have its own notes that represent assets that were put into it, and it can also fee people in those notes, since it is the sole ownership of those notes it can issue them according to the assets it owns that are submitted by its members. such as silver, or whatever asset or value that's used to back its notes. but, it cannot touch Canadian Dollars or it falls into the trap and financial liabilities of Bank of Canada's ownership.
You can tie a PMA into being a casino or having a casino operate in the notes the PMA creates which would allow it to be able to facilitate buying and cashing out in CAD, but if that's the case it would also be obliged to the same regs around that.
For banking Charter banks or Challenger banks exist too, which are private institutions which are also banking vessels that are registered in the same way as a financial institution but constituted differently.
basically everything with the CAD you will be obliged to be registered because it is owned by the Bank of Canada.
CADs really are an obsolescent currency as its currently constituted
there is no real charter behind its creation beyond the BNA act
there's no real charter behind what value its being tied to
the philosophy behind the currency is willy nilly obscure and just a play thing to be had by tier 1 banks and the Government of Canada to dispense however it pleases.
essentially the CAD is Government of Canada goodboy points. its worth is only determined by the extortion Revenue Canada does upon the citizenry which obliges their payment in it.
Yes character always comes out under pressure, good point .
Great information.
Thanks, APP .
What are the top 3 credit unions in BC to use? If I take my money out of my current bank to switch it over, will my bank flag me as taking out a certain amount of money? Is someone like des Jardins a place to keep my money? Or is that more for investments?
Great presentation. Thank you. Would have like to have his thoughts on bail ins. Is there any place that protects your assets. Don't necessarily mean an institution but asset class? Who is most vulnerable to a bail in? The line in the sand has to be the digital id and open banking.
Ooops I wrote to soon, he did touch base on the topic somewhat
How can we stop cbdcs?
Refuse it as a nation and Buy Bitcoin
Anyone that consents to "open banking" is a fool.
In Holland the banks inform people they must spend their money if it’s over a certain amount as they must keep the economy going. They have to spend it.