PART 2
[SoldierofChrist] Jester awesome and vital report
[Jester] SoldierofChrist YOU SHOULD WATCH THE VIDEOS OVER AND OVER UNTIL YOU UNDERSTAND THEM AND CAN TELL PEOPLE WHAT THEY ARE ABOUT...
[SoldierofChrist] Jester I will start the videos tonight
[Jester] OK BACK... SO DID EVERYONE GO TO SLEEP? HAHAHAHAHA
[SoldierofChrist] Jester I was watching the first video lol
[Jester] OK... LONG WAY TO GO... HALFWAY THERE... THIS PART WILL BE MORE INTERESTING... I CAN PROMISE YOU THAT...
[SoldierofChrist] Jester awesome and vital report
[Jester] SoldierofChrist YOU SHOULD WATCH THE VIDEOS OVER AND OVER UNTIL YOU UNDERSTAND THEM AND CAN TELL PEOPLE WHAT THEY ARE ABOUT...
[SoldierofChrist] Jester I will start the videos tonight
[Jester] OK BACK... SO DID EVERYONE GO TO SLEEP? HAHAHAHAHA
[SoldierofChrist] Jester I was watching the first video lol
[Jester] OK... LONG WAY TO GO... HALFWAY THERE... THIS PART WILL BE MORE INTERESTING... I CAN PROMISE YOU THAT...
[Jester] PART 2 - THE BIG PICTURE... FOR THE REPUBLIC ANYWAY...
[Jester] SO BY NOW YOU ARE WONDERING WHY I FELT IT NECESSARY TO TELL YOU ALL THAT STUFF... THERE WAS A POINT TO IT... FOR IN ORDER TO UNDERSTAND THE REST YOU MUST UNDERSTAND THAT PART...
[Jester] HOPE YOU FOLLOWED ALONG...
[Jester] SO ASK YOUR SELF WHAT THE HECK COULD WE DO... IF WE HAD THE POWER TO DO IT... TO RID OURSELVES OF THIS SYSTEM?
[Jester] THE ANSWER IS ACTUALLY PRETTY SIMPLE... YOU HAVE TO HAVE A NEW SYSTEM...
[Jester] HOWEVER... THE MECHANICS OF MAKING THAT HAPPEN ARE A LITTLE BIT MORE COMPLICATED... TAKES A HUGE AMOUNT OF MONEY TO GET OUT FROM UNDER THE ONE WE HAVE...
[Jester] YOU WOULD HAVE TO HAVE ENOUGH OF SOME SORT OF ASSET TO PAY OFF ALL THE DEBT AND ZERO THINGS OUT... BECAUSE THE DEBT DOES EXIST AND NO MATTER HOW IT GOT THERE IT MUST STILL BE PAID OFF...
[Jester] SO ENTER THE BIG PICTURE... FOR THE REPUBLIC ANYWAY... NOT THE WORLD VIEW FOR NOW... JUST THE US... LET'S GET STARTED...
[Jester] NOW IT IS TIME TO RE-INTRODUCE THE PLAYERS FROM BEFORE... THE ONES IN THE SCENARIO THAT WE CARE ABOUT... AND A NEW PLAYER THAT I DID NOT ACCOUNT FOR BEFORE... SHOULD HAVE KNOWN BETTER...
[Jester] PLAYER... THE US TREASURY... THEY ARE THE ONES CREATING THE BONDS... AND THEREFORE THE ONES CREATING THE DEBT... THE DEBT THEY ARE CREATING THAT HAS TO BE REPAID IS THE NATIONAL DEBT...
[Jester] PLAYER... THE FEDERAL RESERVE BANK... NOW REMEMBER THEY ARE THE ONES CREATING THE MONEY TO PAY FOR SOME OF THE BONDS... NOT ALL BUT SOME... AND SO WE DO OWE PART OF THE DEBT TO THEM... IT IS WHAT IT IS... NOT TO OVERSIMPLIFY THINGS BUT THAT IS THE BRUNT OF IT... THEY OWN ABOUT 12% OF THE NATIONAL DEBT...
[Jester] ENTER THE OTHER PEEPS THAT BUY PART OF THE NATIONAL DEBT THAT DOES NOT GO TO THE FEDERAL RESERVE AS PART OF THE PREVIOUS DISSERTATION ABOVE...
[Jester] PLAYER(S)... CHINA IS ANOTHER PLAYER HERE AS WELL AS SOME OTHER COUNTRIES THAT MAY BE INVOLVED... CHINA OWNS ABOUT 8% OF THE NATIONAL DEBT... JAPAN OWNS ABOUT 7%... AND OTHER COUNTRIES AT THIS TIME OWN ABOUT 19% OF THE DEBT... NOW THIS IS A WHOPPING 34% OF THE DEBT OR NEARLY 6 TRILLION BUCKS WORTH... SO A LARGE NUMBER...
[Jester] SIDE NOTE... I KNOW THAT LEAVES A LARGE PERCENTAGE OF THE DEBT STILL HELD BY OTHERS BUT THEY ARE NOT INVOLVED IN THIS PARTICULAR SCENARIO AND CANNOT HELP IT SO THEY ARE OF NO REAL INTEREST IN MY THINKING AT THIS TIME... BUT IT SHOULD BE NOTED THAT THIS SCENARIO SHOULD NOT LEAVE THEM OUT SO I WILL COME BACK TO THAT...
[Jester] GOT THAT INFORMATION HERE BTW...
http://ift.tt/1aER7AV
[Jester] PLAYER... YOU... LITTLE LOWLY DINAR HOLDER... HOPING TO MAKE A BAZILLION DOLLARS ON YOUR INVESTMENT...
[Jester] LAST PLAYER... AND THIS IS AN ADDITIONAL PLAYER FROM LAST TIME... IRAQ... LIKE I SAID.. SHOULD HAVE KNOWN BETTER... THEY HAVE A LOT OF DINAR OUT AND ABOUT THAT THEY WILL HAVE TO HANDLE SOMEHOW... AND THIS IS A HUGE AMOUNT DUE TO OVERPRINTING AND THE OTHER THINGS YOU HAVE HEARD...
[Jester] SOOO... AS I DID BEFORE WE WILL DETAIL WHAT THE PLAYERS WOULD LIKE TO GET OUT OF THIS... AND ONCE AGAIN... KEEP IN MIND NOT ALL WILL GET WHAT THEY LIKE...
[Jester] THE US TREASURY... THE REPUBLIC IF YOU WILL... WOULD LIKE TO GET OUT FROM UNDER THIS FRAUD THAT HAS BEEN PERPETRATED ON THE AMERICAN PEOPLE AND GET BACK TO THE CONSTITUTIONAL PREMISE THAT OUR MONEY SHOULD BE GOLD AND ASSET BACKED...
[Jester] THE FEDERAL RESERVE... THEY WILL LIKE THINGS TO STAY THE SAME AS THEY ARE NOW... BUT I THINK THEY ARE REALIZING IT CANNOT LAST AND ARE TRYING TO KEEP HOLD OF AS MUCH OF A PART OF IT AS THEY CAN... TOO BAD BUT I BELIEVE THEY DO SEE THE END OF THE SYSTEM AND THAT IS WHY THEY ARE FIGHTING SO HARD...
[Jester] THE COUNTRIES... THEY WILL LIKE TO TRADE THEIR PORTION OF THE DEBT FOR SOMETHING THAT IS WORTH SOMETHING... SINCE ALMOST EVERYONE CAN SEE THE END OF THE DOLLAR COMING I AM GUESSING THEY CAN TOO... AND WOULD LIKE TO HAVE SOMETHING OF VALUE INSTEAD OF THE FIAT CURRENCY... OR PROMISE OF SAME SOMETIME LATER... WHAT IS OWED IS FRN OBVIOUSLY...
[Jester] THE PEEPS... AS PREVIOUSLY STATED THE LITTLE DINAR HOLDERS ALL OVER WILL LIKE TO CASH OUT AND LIVE IN PEACE... SOME MAY HELP THE REST OF THE SITUATION IN THE US BY HELPING OTHERS... SOME WILL SPEND INTO OBLIVION AND HELP THE ECONOMY... BUT EITHER WAY IT WILL HELP...
[Jester] IRAQ... THEY WILL LIKE TO HAVE A PLAN TO REPATRIATE THE DINAR THAT IS ALL OVER THE PLACE... AS STATED PREVIOUSLY IT HAS BEEN OVERPRINTED... AND OTHERWISE HAS TO BE ACCOUNTED FOR... AND THEY WILL LIKE TO DO IT AS EASILY AND CHEAPLY AS POSSIBLE...
[Jester] SO... HOW WILL EACH GETTING WHAT THEY WILL LIKE TO HAVE BE ACCOMPLISHED?
[Jester] ENTER THE OIL CREDITS... AND THIS IS WHAT WILL HELP GET ALL THIS DONE... THE AGREEMENT TO TRADE SOME DINAR FOR OIL CREDITS AND TRADE THEM TO THOSE THAT NEED THEM FOR DEBT AND AT THE SAME TIME GET DINAR OFF THE STREETS THAT IS EASY TO REPATRIATE AND CHEAP TO ACCOUNT FOR...
[Jester] NOW HERE IS WHERE THINGS DEVIATE FROM THE LAST TIME I POSTED ABOUT THIS... IT REALLY HAS NOTHING TO DO WITH THE FEDERAL RESERVE EXCEPT TO PAY THEM OFF... BUT WE HAVE LEARNED MUCH SINCE LAST APRIL WHEN I LAST POSTED ABOUT THIS AND MORE INFORMATION HAS BEEN KICKED AROUND ABOUT IT...
[Jester] SO... LET'S PUT SOME OF THE PIECES IN THE PUZZLE TOGETHER...
[Jester] AS I SAID BEFORE... THE US TREASURY IS THE ONE THAT ISSUED THE BONDS... THE NATIONAL DEBT IS THEIRS (AND OURS OF COURSE)... THIS HAS NOTHING TO DO WITH THE FEDERAL RESERVE...
[Jester] AND THE US TREASURY ALSO HAS THE OIL CREDIT CONTRACTS... THIS IS BECAUSE THE US REPUBLIC IS THE HOLDER OF THE CONTRACTS... NOT THE FEDERAL RESERVE... AT THIS POINT YOU REALLY NEED TO DIVORCE THE US TREASURY AND THE FEDERAL RESERVE...
[Jester] SO SIMPLY WHY NOT TRADE THE DEBT... TREASURY BONDS... OR AT LEAST SOME OF IT... FOR OIL CREDITS?...
[Jester] SEEMS LIKE A GOOD THING TO DO... AFTER ALL THEY HAVE THE OIL CREDIT CONTRACTS... AND THEY KNOW THAT OTHER COUNTRIES WILL LIKE TO HAVE THEM SO THEY CAN GET A BETTER PRICE ON OIL... AND WE DON'T HAVE TO HAVE THEM AS WE WOULD BE SELF SUFFICIENT IF WE WERE NOT SELLING TO THOSE OTHERS THAT DIDN'T HAVE ANY OIL... AND INSTEAD WE TRADED THE OIL CREDITS TO THEM... MAKES SENSE...
[Jester] SO WHERE DOES AN OIL CREDIT COME FROM ANYWAY?... INTERESTINGLY ENOUGH THAT IS NOT SOMETHING ANYONE TALKS ABOUT... THE US GOVERNMENT HAS AN OIL CREDIT CONTRACT WORTH SO MUCH... TO ENABLE THE OIL CREDIT HOLDER TO BUY A BARREL OF OIL AT A PREDETERMINED RATE... IN THIS CASE I HAVE HEARD IN THE $30-32 RANGE PER BARREL... AND THEY HAVE TO TRADE SO MANY DINAR FOR SO MANY OIL CREDITS ACCORDING TO THE CONTRACT... SO IT IS WORTH SOME MONETARY VALUE DEPENDING ON THE VALUE OF THE CURRENCY BEING APPLIED TO GET IT...
[Jester] I AM NOT GOING INTO THE DETAILS OF WHAT WE THINK THE NUMBERS ARE BECAUSE IT IS ALL THEORETICAL CONVERSION AND WE MIGHT BE OFF A BIT AND I DON'T LIKE TO TAKE A RATION OF CRAP OVER IT... BUT THE NUMBERS ARE HUGE... AND IT WOULD BE MOSTLY SPECULATION ON THE ACTUAL VALUE ANYWAY... SO IT IS WHAT IT IS...
[Jester] SUFFICE TO SAY TO THE NAYSAYERS THAT CONTINUE TO POSTULATE THERE IS NOT ENOUGH MONEY IN THE WORLD TO REPATRIATE ALL THE DINAR OUT THERE... THAT THIS SCENARIO WOULD WORK TO REDUCE THE NUMBERS SIGNIFICANTLY...
[Jester] SO THE MATH IS THERE IN THEORY... MOSTLY BECAUSE THE OIL THAT IS BEING SUPPLIED IS WAY CHEAPER THAN THE OIL CREDIT VALUE AND WHAT HAD TO BE PAID FOR IT TO BEGIN WITH... WHICH IS DINARS... YOU CONVERT A CERTAIN AMOUNT OF DINARS TO A CERTAIN VALUE OF OIL CREDITS... WHICH IS PAYING SOMETHING WORTH SOMETHING FOR SOMETHING THAT IS VALUABLE... WHICH CAN THEN BE SUPPLIED VERY CHEAPLY...
[Jester] TO MAKE THIS MAKE SENSE I WILL POSTULATE AN EXAMPLE... OIL CREDITS OF $30/BARREL... WORTH WHATEVER THE GOING RATE FOR OIL IS... ABOUT $70 TODAY BUT HISTORICALLY AS MUCH AS $115... SPRING INTO EXISTENCE FOR A VALUE OF X NUMBER OF DINARS... AND A BARREL OF OIL IS SOME $5 TO PRODUCE...
SO INSTEAD OF REPATRIATING DINAR AT WHATEVER THE STREET RATE WILL BE THEY TRADE X DINAR FOR AN OIL CREDIT THAT SOMEONE ELSE VALUES MUCH HIGHER TO GET IT... AND GET OUT OF THE WHOLE THING WAY MORE CHEAPLY... THE DINAR IS TRADED IN AND CONVERTED TO AN OIL CREDIT FOR A CHEAP SUPPLY OF OIL...
IRAQ GETS OUT AT A FRACTION OF WHAT IT WOULD COST TO TAKE IN THE DINAR ON THE STREET RATE...
[Jester] THIS ALONE SHOULD LET YOU SEE THE VERACITY OF THIS SCENARIO...
[Jester] SO... NEXT ISSUE... IF YOU WERE THE UST AND YOU HAVE A CONTRACT... HOW WOULD YOU GET YOUR HANDS ON THE DINAR TO CONVERT TO OIL CREDITS?... ESPECIALLY IF YOU LIKED TO DO SOMETHING ON A HUGE SCALE...
[Jester] THE PEEPS HAVE THE DINAR... AND AGAIN... THE UST HAS SOME TOO BUT WHY STOP THERE? LET'S DO SOMETHING REALLY BIG AND SEE IF WE CAN GET OUT OF THIS HOLE THE PREVIOUS GOVERNMENT ADMINISTRATIONS GOT US INTO FOR THE LAST 100 YEARS... SCUMBAGS...
[Jester] SO THE PEEPS HAVE THE DINAR... AND IF SMART HAVE JOINED A GROUP OR WILL BE PARTICIPATING IN THE KNOWN GROUPS THAT HAVE NOT BEEN ASSEMBLED YET... I AM NOT GOING TO GO IN DETAIL ON THE GROUPS AND SINCE EVERYONE KNOWS THEY EXIST IT IS A MOOT POINT...
[Jester] HOWEVER YOU MUST ALSO NOTE THAT THE BANK IS NOT A GROUP... AND THEY DO NOT HAVE A DEAL WITH ANYONE TO DO ANYTHING BUT CASH PEOPLE OUT... THEY ARE A BANK... THAT IS WHAT THEY DO... SO THEY ARE OF NO HELP IN THIS PARTICULAR SCENARIO...
[Jester] THIS SHOULD ALSO EXPLAIN WHY GROUPS WOULD GET A BETTER DEAL THAN THE STREET RATE... IF YOU EXCHANGE AT THE STREET RATE THE DINAR IS NOT ABLE TO BE CONVERTED TO OIL CREDITS... IT JUST GOES INTO THE BANK AND THE CURRENCY IS CONVERTED...
[Jester] SO... THE UST MAKES A DEAL WITH THE GROUPS... OR MORE PROBABLY... ACTUALLY STARTS THE SCENARIO... MAKING IT AVAILABLE... AND THEN THE GROUPS ARE FORMED AND VETTED AND TAKE IN ANYONE THAT WILL LIKE TO PARTICIPATE...
[Jester] ANYONE NOT TOO SCARED TO DO IT THAT IS... WHICH LEADS ME TO BELIEVE THAT THE BAD GUYS THAT MIGHT KNOW ALL THIS JUST MIGHT PUT OUT A BUNCH OF BS FOR CERTAIN GURUS TO SPOUT OUT AND ABOUT TO TRY AND KEEP IT FROM HAPPENING... YOU KNOW... DISPARAGE THE GROUPS AND SCARE THE CRAP OUT OF THE PEOPLE TO KEEP THEM FROM PARTICIPATING... HMMMM... FOOD FOR THOUGHT... BUT THAT IS ANOTHER STORY... JUST SAYING...
[Jester] SO NOW THE UST HAS ACCESS TO A LOT LARGER AMOUNT OF DINAR... IN ADDITION TO IT'S OWN... TO CONVERT TO OIL CREDITS... WHICH MEANS A LOT MORE OIL CREDITS TO TRADE FOR DEBT... THIS IS GETTING BETTER ALL THE TIME FOR THE REPUBLIC...
[Jester] THE REASON WHY IS SIMPLE... THERE IS REPORTEDLY MUCH MUCH MORE DINAR TO BE CONVERTED TO OIL CREDITS THAN THERE IS DEBT OUT THERE... THERE ARE TRILLIONS OF DINAR PRINTED AND WHEN CONVERTED THAT SHOULD TAKE CARE OF THE DEBT... I BELIEVE THIS IS THE SAME THING CLINTON DID BACK IN THE DAY HE WAS JUST TOO CHICKEN TO GET RID OF THE FEDERAL RESERVE...
[Jester] SO... THERE IS A LOT MORE DINAR TO BE CONVERTED TO OIL CREDITS THAN WE HAVE DEBT... SO WHY NOT GO AHEAD AND TRADE IT TO THOSE THAT WILL LIKE TO HAVE IT FOR GOLD OR ASSETS OR WHATEVER... MAYBE CHINA LOANS US SOME TO START THE WHEELS ROLLING AND THEY GET PAID BACK WITH OIL CREDITS...
IF THEY USED GOLD AT THIS LOW PRICE TO DO IT THEN IT WOULD BE WORTH IT... SO MAYBE THAT EXPLAINS SOME OF THE MANIPULATION TOO...
[Jester] OR MAYBE SOME OF THE OTHER AVENUES WE ARE ALSO AWARE OF THAT WILL BE HELPING FUND THE REPUBLIC US TREASURY WILL KICK IN AT THE APPROPRIATE TIME TO HELP GET THINGS STARTED... THAT WOULD MAKE SENSE SINCE SHOULD THEORETICALLY BE AVAILABLE AT THE TIME AND WOULD HELP...
[Jester] THIS WOULD ALSO HELP DEFINE A TRN SPRINGING INTO EXISTENCE RATHER THAN AN FRN... SINCE IT HAPPENED AT SOME ASSET BACKED RATE IN THE US TREASURY AND NOT THE FEDERAL RESERVE TO START WITH...
[Jester] NOW... SOME MIGHT COME BACK AS FRN... IF THE COUNTRIES ARE HOLDING A HUGE AMOUNT OF IT WHY NOT TRADE THAT TOO AND GIVE IT BACK TO THE FEDERAL RESERVE AS PAYMENT FOR THEIR PART OF THE DEBT... IN OTHER WORDS GIVE THEM BACK THEIR FIAT MONEY WHICH IS WHAT WE OWE IN THE FIRST PLACE... I LIKE THAT PART... GIVE THEM THEIR WORTHLESS CURRENCY BACK... HAHAHAHAHA...
[Jester] SO ANYWAY... BACK TO SUM UP IRAQ...
[Jester] AS YOU CAN IMAGINE... THIS IS A PRETTY GOOD DEAL FOR IRAQ... NOT ONLY ARE THEY GETTING OUT A LOT CHEAPER TO REPATRIATE THE DINARS... THE OIL CREDITS WILL NOT BE USED ALL AT ONCE OR EVEN SOON... AND THIS STRETCHES OUT THE PAYMENTS OF THE OIL CREDITS OUT OVER A LONGER PERIOD OF TIME MAKING IT EVEN EASIER TO PAY IT OFF...
[Jester] AND SINCE EVERYONE OUT THERE IS ASSUMING THAT IRAQ MUST RV BEFORE ANYTHING ELSE CAN HAPPEN... THIS IS ALSO HOW THINGS CAN GET STARTED WITHOUT AN RV... CONTRACTS THAT ARE ALREADY THERE... JUST SAYING...
[Jester] NOW... BACK TO THE START... WHY DID I MAKE YOU SUFFER THROUGH THE INITIAL PROCESS OF HOW THE FEDERAL RESERVE WORKS AND THEIR ASSOCIATION WITH THE US TREASURY?
[Jester] THE ANSWER IS THAT YOU NEEDED TO UNDERSTAND HOW THINGS ARE CONNECTED... OR IN THIS CASE POTENTIALLY NOT CONNECTED... THAT WAY YOU REALLY UNDERSTAND HOW THE THINGS THAT HAPPEN LATER CAN ACTUALLY WORK TO EVERYONE'S ADVANTAGE... AND HOW THE US TREASURY AND REPUBLIC IF YOU WILL... COMES BACK INTO OPERATION...
[Jester] IF YOU DIDN'T KNOW THAT HISTORY I AM NOT SURE ALL THIS WOULD HAVE MADE SENSE TO YOU...
[Jester] SO BY NOW YOU ARE WONDERING WHY I FELT IT NECESSARY TO TELL YOU ALL THAT STUFF... THERE WAS A POINT TO IT... FOR IN ORDER TO UNDERSTAND THE REST YOU MUST UNDERSTAND THAT PART...
[Jester] HOPE YOU FOLLOWED ALONG...
[Jester] SO ASK YOUR SELF WHAT THE HECK COULD WE DO... IF WE HAD THE POWER TO DO IT... TO RID OURSELVES OF THIS SYSTEM?
[Jester] THE ANSWER IS ACTUALLY PRETTY SIMPLE... YOU HAVE TO HAVE A NEW SYSTEM...
[Jester] HOWEVER... THE MECHANICS OF MAKING THAT HAPPEN ARE A LITTLE BIT MORE COMPLICATED... TAKES A HUGE AMOUNT OF MONEY TO GET OUT FROM UNDER THE ONE WE HAVE...
[Jester] YOU WOULD HAVE TO HAVE ENOUGH OF SOME SORT OF ASSET TO PAY OFF ALL THE DEBT AND ZERO THINGS OUT... BECAUSE THE DEBT DOES EXIST AND NO MATTER HOW IT GOT THERE IT MUST STILL BE PAID OFF...
[Jester] SO ENTER THE BIG PICTURE... FOR THE REPUBLIC ANYWAY... NOT THE WORLD VIEW FOR NOW... JUST THE US... LET'S GET STARTED...
[Jester] NOW IT IS TIME TO RE-INTRODUCE THE PLAYERS FROM BEFORE... THE ONES IN THE SCENARIO THAT WE CARE ABOUT... AND A NEW PLAYER THAT I DID NOT ACCOUNT FOR BEFORE... SHOULD HAVE KNOWN BETTER...
[Jester] PLAYER... THE US TREASURY... THEY ARE THE ONES CREATING THE BONDS... AND THEREFORE THE ONES CREATING THE DEBT... THE DEBT THEY ARE CREATING THAT HAS TO BE REPAID IS THE NATIONAL DEBT...
[Jester] PLAYER... THE FEDERAL RESERVE BANK... NOW REMEMBER THEY ARE THE ONES CREATING THE MONEY TO PAY FOR SOME OF THE BONDS... NOT ALL BUT SOME... AND SO WE DO OWE PART OF THE DEBT TO THEM... IT IS WHAT IT IS... NOT TO OVERSIMPLIFY THINGS BUT THAT IS THE BRUNT OF IT... THEY OWN ABOUT 12% OF THE NATIONAL DEBT...
[Jester] ENTER THE OTHER PEEPS THAT BUY PART OF THE NATIONAL DEBT THAT DOES NOT GO TO THE FEDERAL RESERVE AS PART OF THE PREVIOUS DISSERTATION ABOVE...
[Jester] PLAYER(S)... CHINA IS ANOTHER PLAYER HERE AS WELL AS SOME OTHER COUNTRIES THAT MAY BE INVOLVED... CHINA OWNS ABOUT 8% OF THE NATIONAL DEBT... JAPAN OWNS ABOUT 7%... AND OTHER COUNTRIES AT THIS TIME OWN ABOUT 19% OF THE DEBT... NOW THIS IS A WHOPPING 34% OF THE DEBT OR NEARLY 6 TRILLION BUCKS WORTH... SO A LARGE NUMBER...
[Jester] SIDE NOTE... I KNOW THAT LEAVES A LARGE PERCENTAGE OF THE DEBT STILL HELD BY OTHERS BUT THEY ARE NOT INVOLVED IN THIS PARTICULAR SCENARIO AND CANNOT HELP IT SO THEY ARE OF NO REAL INTEREST IN MY THINKING AT THIS TIME... BUT IT SHOULD BE NOTED THAT THIS SCENARIO SHOULD NOT LEAVE THEM OUT SO I WILL COME BACK TO THAT...
[Jester] GOT THAT INFORMATION HERE BTW...
http://ift.tt/1aER7AV
[Jester] PLAYER... YOU... LITTLE LOWLY DINAR HOLDER... HOPING TO MAKE A BAZILLION DOLLARS ON YOUR INVESTMENT...
[Jester] LAST PLAYER... AND THIS IS AN ADDITIONAL PLAYER FROM LAST TIME... IRAQ... LIKE I SAID.. SHOULD HAVE KNOWN BETTER... THEY HAVE A LOT OF DINAR OUT AND ABOUT THAT THEY WILL HAVE TO HANDLE SOMEHOW... AND THIS IS A HUGE AMOUNT DUE TO OVERPRINTING AND THE OTHER THINGS YOU HAVE HEARD...
[Jester] SOOO... AS I DID BEFORE WE WILL DETAIL WHAT THE PLAYERS WOULD LIKE TO GET OUT OF THIS... AND ONCE AGAIN... KEEP IN MIND NOT ALL WILL GET WHAT THEY LIKE...
[Jester] THE US TREASURY... THE REPUBLIC IF YOU WILL... WOULD LIKE TO GET OUT FROM UNDER THIS FRAUD THAT HAS BEEN PERPETRATED ON THE AMERICAN PEOPLE AND GET BACK TO THE CONSTITUTIONAL PREMISE THAT OUR MONEY SHOULD BE GOLD AND ASSET BACKED...
[Jester] THE FEDERAL RESERVE... THEY WILL LIKE THINGS TO STAY THE SAME AS THEY ARE NOW... BUT I THINK THEY ARE REALIZING IT CANNOT LAST AND ARE TRYING TO KEEP HOLD OF AS MUCH OF A PART OF IT AS THEY CAN... TOO BAD BUT I BELIEVE THEY DO SEE THE END OF THE SYSTEM AND THAT IS WHY THEY ARE FIGHTING SO HARD...
[Jester] THE COUNTRIES... THEY WILL LIKE TO TRADE THEIR PORTION OF THE DEBT FOR SOMETHING THAT IS WORTH SOMETHING... SINCE ALMOST EVERYONE CAN SEE THE END OF THE DOLLAR COMING I AM GUESSING THEY CAN TOO... AND WOULD LIKE TO HAVE SOMETHING OF VALUE INSTEAD OF THE FIAT CURRENCY... OR PROMISE OF SAME SOMETIME LATER... WHAT IS OWED IS FRN OBVIOUSLY...
[Jester] THE PEEPS... AS PREVIOUSLY STATED THE LITTLE DINAR HOLDERS ALL OVER WILL LIKE TO CASH OUT AND LIVE IN PEACE... SOME MAY HELP THE REST OF THE SITUATION IN THE US BY HELPING OTHERS... SOME WILL SPEND INTO OBLIVION AND HELP THE ECONOMY... BUT EITHER WAY IT WILL HELP...
[Jester] IRAQ... THEY WILL LIKE TO HAVE A PLAN TO REPATRIATE THE DINAR THAT IS ALL OVER THE PLACE... AS STATED PREVIOUSLY IT HAS BEEN OVERPRINTED... AND OTHERWISE HAS TO BE ACCOUNTED FOR... AND THEY WILL LIKE TO DO IT AS EASILY AND CHEAPLY AS POSSIBLE...
[Jester] SO... HOW WILL EACH GETTING WHAT THEY WILL LIKE TO HAVE BE ACCOMPLISHED?
[Jester] ENTER THE OIL CREDITS... AND THIS IS WHAT WILL HELP GET ALL THIS DONE... THE AGREEMENT TO TRADE SOME DINAR FOR OIL CREDITS AND TRADE THEM TO THOSE THAT NEED THEM FOR DEBT AND AT THE SAME TIME GET DINAR OFF THE STREETS THAT IS EASY TO REPATRIATE AND CHEAP TO ACCOUNT FOR...
[Jester] NOW HERE IS WHERE THINGS DEVIATE FROM THE LAST TIME I POSTED ABOUT THIS... IT REALLY HAS NOTHING TO DO WITH THE FEDERAL RESERVE EXCEPT TO PAY THEM OFF... BUT WE HAVE LEARNED MUCH SINCE LAST APRIL WHEN I LAST POSTED ABOUT THIS AND MORE INFORMATION HAS BEEN KICKED AROUND ABOUT IT...
[Jester] SO... LET'S PUT SOME OF THE PIECES IN THE PUZZLE TOGETHER...
[Jester] AS I SAID BEFORE... THE US TREASURY IS THE ONE THAT ISSUED THE BONDS... THE NATIONAL DEBT IS THEIRS (AND OURS OF COURSE)... THIS HAS NOTHING TO DO WITH THE FEDERAL RESERVE...
[Jester] AND THE US TREASURY ALSO HAS THE OIL CREDIT CONTRACTS... THIS IS BECAUSE THE US REPUBLIC IS THE HOLDER OF THE CONTRACTS... NOT THE FEDERAL RESERVE... AT THIS POINT YOU REALLY NEED TO DIVORCE THE US TREASURY AND THE FEDERAL RESERVE...
[Jester] SO SIMPLY WHY NOT TRADE THE DEBT... TREASURY BONDS... OR AT LEAST SOME OF IT... FOR OIL CREDITS?...
[Jester] SEEMS LIKE A GOOD THING TO DO... AFTER ALL THEY HAVE THE OIL CREDIT CONTRACTS... AND THEY KNOW THAT OTHER COUNTRIES WILL LIKE TO HAVE THEM SO THEY CAN GET A BETTER PRICE ON OIL... AND WE DON'T HAVE TO HAVE THEM AS WE WOULD BE SELF SUFFICIENT IF WE WERE NOT SELLING TO THOSE OTHERS THAT DIDN'T HAVE ANY OIL... AND INSTEAD WE TRADED THE OIL CREDITS TO THEM... MAKES SENSE...
[Jester] SO WHERE DOES AN OIL CREDIT COME FROM ANYWAY?... INTERESTINGLY ENOUGH THAT IS NOT SOMETHING ANYONE TALKS ABOUT... THE US GOVERNMENT HAS AN OIL CREDIT CONTRACT WORTH SO MUCH... TO ENABLE THE OIL CREDIT HOLDER TO BUY A BARREL OF OIL AT A PREDETERMINED RATE... IN THIS CASE I HAVE HEARD IN THE $30-32 RANGE PER BARREL... AND THEY HAVE TO TRADE SO MANY DINAR FOR SO MANY OIL CREDITS ACCORDING TO THE CONTRACT... SO IT IS WORTH SOME MONETARY VALUE DEPENDING ON THE VALUE OF THE CURRENCY BEING APPLIED TO GET IT...
[Jester] I AM NOT GOING INTO THE DETAILS OF WHAT WE THINK THE NUMBERS ARE BECAUSE IT IS ALL THEORETICAL CONVERSION AND WE MIGHT BE OFF A BIT AND I DON'T LIKE TO TAKE A RATION OF CRAP OVER IT... BUT THE NUMBERS ARE HUGE... AND IT WOULD BE MOSTLY SPECULATION ON THE ACTUAL VALUE ANYWAY... SO IT IS WHAT IT IS...
[Jester] SUFFICE TO SAY TO THE NAYSAYERS THAT CONTINUE TO POSTULATE THERE IS NOT ENOUGH MONEY IN THE WORLD TO REPATRIATE ALL THE DINAR OUT THERE... THAT THIS SCENARIO WOULD WORK TO REDUCE THE NUMBERS SIGNIFICANTLY...
[Jester] SO THE MATH IS THERE IN THEORY... MOSTLY BECAUSE THE OIL THAT IS BEING SUPPLIED IS WAY CHEAPER THAN THE OIL CREDIT VALUE AND WHAT HAD TO BE PAID FOR IT TO BEGIN WITH... WHICH IS DINARS... YOU CONVERT A CERTAIN AMOUNT OF DINARS TO A CERTAIN VALUE OF OIL CREDITS... WHICH IS PAYING SOMETHING WORTH SOMETHING FOR SOMETHING THAT IS VALUABLE... WHICH CAN THEN BE SUPPLIED VERY CHEAPLY...
[Jester] TO MAKE THIS MAKE SENSE I WILL POSTULATE AN EXAMPLE... OIL CREDITS OF $30/BARREL... WORTH WHATEVER THE GOING RATE FOR OIL IS... ABOUT $70 TODAY BUT HISTORICALLY AS MUCH AS $115... SPRING INTO EXISTENCE FOR A VALUE OF X NUMBER OF DINARS... AND A BARREL OF OIL IS SOME $5 TO PRODUCE...
SO INSTEAD OF REPATRIATING DINAR AT WHATEVER THE STREET RATE WILL BE THEY TRADE X DINAR FOR AN OIL CREDIT THAT SOMEONE ELSE VALUES MUCH HIGHER TO GET IT... AND GET OUT OF THE WHOLE THING WAY MORE CHEAPLY... THE DINAR IS TRADED IN AND CONVERTED TO AN OIL CREDIT FOR A CHEAP SUPPLY OF OIL...
IRAQ GETS OUT AT A FRACTION OF WHAT IT WOULD COST TO TAKE IN THE DINAR ON THE STREET RATE...
[Jester] THIS ALONE SHOULD LET YOU SEE THE VERACITY OF THIS SCENARIO...
[Jester] SO... NEXT ISSUE... IF YOU WERE THE UST AND YOU HAVE A CONTRACT... HOW WOULD YOU GET YOUR HANDS ON THE DINAR TO CONVERT TO OIL CREDITS?... ESPECIALLY IF YOU LIKED TO DO SOMETHING ON A HUGE SCALE...
[Jester] THE PEEPS HAVE THE DINAR... AND AGAIN... THE UST HAS SOME TOO BUT WHY STOP THERE? LET'S DO SOMETHING REALLY BIG AND SEE IF WE CAN GET OUT OF THIS HOLE THE PREVIOUS GOVERNMENT ADMINISTRATIONS GOT US INTO FOR THE LAST 100 YEARS... SCUMBAGS...
[Jester] SO THE PEEPS HAVE THE DINAR... AND IF SMART HAVE JOINED A GROUP OR WILL BE PARTICIPATING IN THE KNOWN GROUPS THAT HAVE NOT BEEN ASSEMBLED YET... I AM NOT GOING TO GO IN DETAIL ON THE GROUPS AND SINCE EVERYONE KNOWS THEY EXIST IT IS A MOOT POINT...
[Jester] HOWEVER YOU MUST ALSO NOTE THAT THE BANK IS NOT A GROUP... AND THEY DO NOT HAVE A DEAL WITH ANYONE TO DO ANYTHING BUT CASH PEOPLE OUT... THEY ARE A BANK... THAT IS WHAT THEY DO... SO THEY ARE OF NO HELP IN THIS PARTICULAR SCENARIO...
[Jester] THIS SHOULD ALSO EXPLAIN WHY GROUPS WOULD GET A BETTER DEAL THAN THE STREET RATE... IF YOU EXCHANGE AT THE STREET RATE THE DINAR IS NOT ABLE TO BE CONVERTED TO OIL CREDITS... IT JUST GOES INTO THE BANK AND THE CURRENCY IS CONVERTED...
[Jester] SO... THE UST MAKES A DEAL WITH THE GROUPS... OR MORE PROBABLY... ACTUALLY STARTS THE SCENARIO... MAKING IT AVAILABLE... AND THEN THE GROUPS ARE FORMED AND VETTED AND TAKE IN ANYONE THAT WILL LIKE TO PARTICIPATE...
[Jester] ANYONE NOT TOO SCARED TO DO IT THAT IS... WHICH LEADS ME TO BELIEVE THAT THE BAD GUYS THAT MIGHT KNOW ALL THIS JUST MIGHT PUT OUT A BUNCH OF BS FOR CERTAIN GURUS TO SPOUT OUT AND ABOUT TO TRY AND KEEP IT FROM HAPPENING... YOU KNOW... DISPARAGE THE GROUPS AND SCARE THE CRAP OUT OF THE PEOPLE TO KEEP THEM FROM PARTICIPATING... HMMMM... FOOD FOR THOUGHT... BUT THAT IS ANOTHER STORY... JUST SAYING...
[Jester] SO NOW THE UST HAS ACCESS TO A LOT LARGER AMOUNT OF DINAR... IN ADDITION TO IT'S OWN... TO CONVERT TO OIL CREDITS... WHICH MEANS A LOT MORE OIL CREDITS TO TRADE FOR DEBT... THIS IS GETTING BETTER ALL THE TIME FOR THE REPUBLIC...
[Jester] THE REASON WHY IS SIMPLE... THERE IS REPORTEDLY MUCH MUCH MORE DINAR TO BE CONVERTED TO OIL CREDITS THAN THERE IS DEBT OUT THERE... THERE ARE TRILLIONS OF DINAR PRINTED AND WHEN CONVERTED THAT SHOULD TAKE CARE OF THE DEBT... I BELIEVE THIS IS THE SAME THING CLINTON DID BACK IN THE DAY HE WAS JUST TOO CHICKEN TO GET RID OF THE FEDERAL RESERVE...
[Jester] SO... THERE IS A LOT MORE DINAR TO BE CONVERTED TO OIL CREDITS THAN WE HAVE DEBT... SO WHY NOT GO AHEAD AND TRADE IT TO THOSE THAT WILL LIKE TO HAVE IT FOR GOLD OR ASSETS OR WHATEVER... MAYBE CHINA LOANS US SOME TO START THE WHEELS ROLLING AND THEY GET PAID BACK WITH OIL CREDITS...
IF THEY USED GOLD AT THIS LOW PRICE TO DO IT THEN IT WOULD BE WORTH IT... SO MAYBE THAT EXPLAINS SOME OF THE MANIPULATION TOO...
[Jester] OR MAYBE SOME OF THE OTHER AVENUES WE ARE ALSO AWARE OF THAT WILL BE HELPING FUND THE REPUBLIC US TREASURY WILL KICK IN AT THE APPROPRIATE TIME TO HELP GET THINGS STARTED... THAT WOULD MAKE SENSE SINCE SHOULD THEORETICALLY BE AVAILABLE AT THE TIME AND WOULD HELP...
[Jester] THIS WOULD ALSO HELP DEFINE A TRN SPRINGING INTO EXISTENCE RATHER THAN AN FRN... SINCE IT HAPPENED AT SOME ASSET BACKED RATE IN THE US TREASURY AND NOT THE FEDERAL RESERVE TO START WITH...
[Jester] NOW... SOME MIGHT COME BACK AS FRN... IF THE COUNTRIES ARE HOLDING A HUGE AMOUNT OF IT WHY NOT TRADE THAT TOO AND GIVE IT BACK TO THE FEDERAL RESERVE AS PAYMENT FOR THEIR PART OF THE DEBT... IN OTHER WORDS GIVE THEM BACK THEIR FIAT MONEY WHICH IS WHAT WE OWE IN THE FIRST PLACE... I LIKE THAT PART... GIVE THEM THEIR WORTHLESS CURRENCY BACK... HAHAHAHAHA...
[Jester] SO ANYWAY... BACK TO SUM UP IRAQ...
[Jester] AS YOU CAN IMAGINE... THIS IS A PRETTY GOOD DEAL FOR IRAQ... NOT ONLY ARE THEY GETTING OUT A LOT CHEAPER TO REPATRIATE THE DINARS... THE OIL CREDITS WILL NOT BE USED ALL AT ONCE OR EVEN SOON... AND THIS STRETCHES OUT THE PAYMENTS OF THE OIL CREDITS OUT OVER A LONGER PERIOD OF TIME MAKING IT EVEN EASIER TO PAY IT OFF...
[Jester] AND SINCE EVERYONE OUT THERE IS ASSUMING THAT IRAQ MUST RV BEFORE ANYTHING ELSE CAN HAPPEN... THIS IS ALSO HOW THINGS CAN GET STARTED WITHOUT AN RV... CONTRACTS THAT ARE ALREADY THERE... JUST SAYING...
[Jester] NOW... BACK TO THE START... WHY DID I MAKE YOU SUFFER THROUGH THE INITIAL PROCESS OF HOW THE FEDERAL RESERVE WORKS AND THEIR ASSOCIATION WITH THE US TREASURY?
[Jester] THE ANSWER IS THAT YOU NEEDED TO UNDERSTAND HOW THINGS ARE CONNECTED... OR IN THIS CASE POTENTIALLY NOT CONNECTED... THAT WAY YOU REALLY UNDERSTAND HOW THE THINGS THAT HAPPEN LATER CAN ACTUALLY WORK TO EVERYONE'S ADVANTAGE... AND HOW THE US TREASURY AND REPUBLIC IF YOU WILL... COMES BACK INTO OPERATION...
[Jester] IF YOU DIDN'T KNOW THAT HISTORY I AM NOT SURE ALL THIS WOULD HAVE MADE SENSE TO YOU...
[Jester] SO BASICALLY... FROM IRAQ'S STANDPOINT A HUGE AMOUNT OF DINAR IS TAKEN UP FOR A CHEAP SUPPLY OF OIL... THEY SUPPLY THE OIL CHEAPLY TO THE OIL CREDIT HOLDER... THE OIL CREDIT HOLDER IS HAPPY TO BE GETTING THE OIL FOR THE OIL CREDIT PRICE...
AND THAT EXPLAINS HOW THE US TREASURY GETS FUNDED AS THE REPUBLIC... AND NOW EVERYONE CAN BE HAPPY WITH THE REPUBLIC PART OF THE BIG PICTURE... AND THE LITTLE PEEPS GET TO CASH OUT THEIR DINAR AND GET RICH...
[Jester] AND EVERYONE THERE IS HAPPY... EXCEPT FOR THE FEDERAL RESERVE... WHICH I HOPE GOES OUT AND SHOOTS ITSELF WHEN THIS IS ALL COMPLETED...
[Jester] THERE IS STILL WAY MORE TO THE WORLD VIEW OF THINGS BUT THAT WILL HAVE TO WAIT FOR ANOTHER TIME... HAHAHAHAHA
[Jester] SO ANYWAY... I KNOW IT WAS LONG... I HOPE IT MAKES SENSE... I HOPE YOU DIDN'T FALL ASLEEP... I HOPE YOU WILL STUDY THE HISTORY AND THE REST OF IT AND GET AN UNDERSTANDING OF WHAT IS GOING ON...
[Jester] SO MUCH FOR THAT... ANYONE THERE? HAHAHAHA
[Jester] WELL THANKS... IT HAS BEEN A TIME GETTING ALL THIS IN ONE PLACE TO MAKE SENSE... HOPEFULLY NOW YOU CAN ALSO SEE WHAT THE WORLD EVENTS ARE TRYING TO FORCE... AND WHY THE BAD GUYS ARE FIGHTING IT SO MUCH...
[texas1837] Jester wonderful lesson. I asked the question about deficit spending in college 40 years ago and my professor could not answer my question. You just did. tks
[pokerbrat] BRAVO BRAVO!!! INSTANT CLASSIC POSTS!
[mentoredlife] Jester Can you help fill in a gap for me. Why does only the UST have the oil credits?
[Jester] mentoredlife WHO INVADED IRAN? WHO MADE THE RULES? WHO CONTROLLED THE THING FROM THE OUTSET?
[Vigilance] Thanks Jester and God bless you all and America! flag flag
[Jester] DANG... TIME TO GO... YOU GUYS TAKE IT EASY...
[Jester] SEE YOU TOMORROW... SAME TIME SAME PLACE... HAHAHHAHAHA
AND THAT EXPLAINS HOW THE US TREASURY GETS FUNDED AS THE REPUBLIC... AND NOW EVERYONE CAN BE HAPPY WITH THE REPUBLIC PART OF THE BIG PICTURE... AND THE LITTLE PEEPS GET TO CASH OUT THEIR DINAR AND GET RICH...
[Jester] AND EVERYONE THERE IS HAPPY... EXCEPT FOR THE FEDERAL RESERVE... WHICH I HOPE GOES OUT AND SHOOTS ITSELF WHEN THIS IS ALL COMPLETED...
[Jester] THERE IS STILL WAY MORE TO THE WORLD VIEW OF THINGS BUT THAT WILL HAVE TO WAIT FOR ANOTHER TIME... HAHAHAHAHA
[Jester] SO ANYWAY... I KNOW IT WAS LONG... I HOPE IT MAKES SENSE... I HOPE YOU DIDN'T FALL ASLEEP... I HOPE YOU WILL STUDY THE HISTORY AND THE REST OF IT AND GET AN UNDERSTANDING OF WHAT IS GOING ON...
[Jester] SO MUCH FOR THAT... ANYONE THERE? HAHAHAHA
[Jester] WELL THANKS... IT HAS BEEN A TIME GETTING ALL THIS IN ONE PLACE TO MAKE SENSE... HOPEFULLY NOW YOU CAN ALSO SEE WHAT THE WORLD EVENTS ARE TRYING TO FORCE... AND WHY THE BAD GUYS ARE FIGHTING IT SO MUCH...
[texas1837] Jester wonderful lesson. I asked the question about deficit spending in college 40 years ago and my professor could not answer my question. You just did. tks
[pokerbrat] BRAVO BRAVO!!! INSTANT CLASSIC POSTS!
[mentoredlife] Jester Can you help fill in a gap for me. Why does only the UST have the oil credits?
[Jester] mentoredlife WHO INVADED IRAN? WHO MADE THE RULES? WHO CONTROLLED THE THING FROM THE OUTSET?
[Vigilance] Thanks Jester and God bless you all and America! flag flag
[Jester] DANG... TIME TO GO... YOU GUYS TAKE IT EASY...
[Jester] SEE YOU TOMORROW... SAME TIME SAME PLACE... HAHAHHAHAHA
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