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Letter to the Editor: The Truth About Fiat Currency

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A reader writes to warn people about, what he/she believes is, the imminent removal of fiat currency: “fiat currency is to be removed as a medium of payment in January 2023, at the latest … When fiat currency is removed, all bank accounts will be zeroed … While several countries are doing what is necessary for the people … none of England, Wales, Scotland or Northern Ireland is, as yet, doing so.”


To The Exposé,

The truth about fiat currency: before it’s too late

I feel compelled to make the people aware of who actually owns ALL fiat1 currency, or debt, before it is too late.  People hoard a worthless piece of paper in the belief that they own it. They categorically do not.

ALL fiat currency is owned by the central bank that printed it. The people have been given use – and only use – but NEVER ownership.

What most people don’t realise, is that ALL fiat currency is to be removed as a medium of payment in January 2023, at the latest. This time period was agreed upon by the Bank of International Settlements (“BIS”) and governments so that countries had sufficient time to set up their International Trade Bank and a subsidiary Commercial Bank which would allow people standing in the correct jurisdiction – Land and Soil – to claim the credit that has been deliberately hidden from them.

While several countries are doing what is necessary for the people of those countries before the January 2023 deadline, none of England, Wales, Scotland or Northern Ireland is, as yet, doing so.

When fiat currency is removed, ALL bank accounts will be zeroed out as a “bail-in.”2 This is actually the banks taking back their property.

So, here in England, the people are facing a frightening outlook of having zero means to pay for rent or mortgage, food, utility bills and medical bills in the very near future.

The thing that masquerades as an English government has no intention of making the people aware. To do so would leave the UK Corporate government unable to access the credit that belongs to every man, woman and child in this country.

There is a false perception that when peoples’ bank accounts are zeroed out the banks will compensate them.  This agreement that banks have for a set figure only applies while fiat currency remains in existence. It will not apply after its removal.

Those that have savings or hoard debt money under the mattress have two choices:

  1. Turn that worthless paper into commodities that shall have value after the financial collapse.
  2. Or hold onto it and lose it all with nothing in return.

Twice the BIS has attempted to remove the fiat currency before the agreed January 2023 deadline. This action, if it had been successful, would have resulted in approximately 70% of the world’s population dying through starvation. After being hit with huge penalties for any lives lost, the BIS had no choice but to continue with the agreement.

These facts are pointed out to make people aware of the gravity they face through ignorance and the suppression of the facts.

Fiat currency is debt. A promissory note promising to pay a debt at a later time. A debt cannot be paid with debt. Nobody has ever paid a debt using fiat currency. Nobody.

A million of fiat currency in the bank accrues interest on a DAILY basis which is removed from the credit ledger that the banks deliberately hide.

While the prospect of having bank accounts zeroed out may be frightening for those with such sums of fiat currency in bank accounts, it is actually a good thing. It is debt, and nothing but debt, that is being removed.

Nonetheless, people need to grasp reality before the window of opportunity to prepare for the inevitable collapse closes.

Regards,

The Antidote is Love

Note from The Exposé:

1 Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it.  Most modern paper currencies are fiat currencies, including the U.S. dollar, the euro, and other major global currencies.

2 A bail-in is the opposite of a bailout.  Bailouts help to prevent creditors from taking on losses while bail-ins mandate creditors to take losses.

“Technically, deposit holders [“Savers” for example, savings account holders] are the banks’ creditors,” Norbert Häring explained in a 2013 article discussing a planned levy on Cypriot bank savings. 

Häring suggested that a small change with very wide-reaching effects would be to make deposits on current accounts, as well as securities, remain the customers’ property and cease to function as involuntary loans to the banks. “The payments system would no longer depend on the banks’ solidarity … [Savers] would be unaffected by bank bankruptcies, so that in case of a crisis, the state would no longer be forced to bailout banks just to safeguard the payments system.”


If you would like to publish a letter, please email it to contact@theexpose.uk addressed “Letter to the Editor.”  At the end of your email, please indicate the name or pseudonym you would like shown when we publish your letter.

Letter to the Editor: The Truth About Fiat Currency
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12 days ago

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12 days ago

[…] RHODA WILSON ON JUNE 23, 2022 • ( 1 COMMENT […]

john
john
12 days ago

By entering Basel 3 in the search box at https://annavonreitz.com/ a number of articles (top 5) discuss the January deadline for fiat currency.
The remedy is also given for those in England, Wales, Scotland and Northern Ireland, who wish to aid their fellow Wo/Man in order to avoid the impending disaster.
The Global Family Bank awaits kind and decent people.

Rabbi Seamus
Rabbi Seamus
Reply to  john
11 days ago

Universal Income.

john
john
Reply to  Rabbi Seamus
11 days ago

The credit which we are all owed is not a “Universal Income”.
Once claimed by those standing on the Land and Soil jurisdiction, this credit honours all rent and mortgage payments, utility bills and medical bills. It does not cover for food or clothing. That is the individuals responsibility.
Instead of the people being forced to serve the State, the life they have been gifted is returned to them. Self governance.
A portion of society will not have the wherewithal or desire to grow their own food. Their choice will be to depend upon the State and the “alternative” food sources available. Insects and GMO crops.
The credit we are all owed does not come in the form of a blank cheque. To do so would cause hyper inflation as greed prevails.
The Corporations that cause harm to this planet and to human life are to be liquidated.
This will leave the door open for other technologies which have been deliberately suppressed. But they will need funding.
Such enterprises will approach those that have access to their credit for this funding.
Those that agree to invest a portion of their credit into these worthwhile enterprises, would then receive an income outside of the “credit” which would fund retirement.
The credit of an individual is the credit for that families bloodline going forward. It is not there to be squandered.
Instead of devoting 12 hours a day to the State, working for the State, paying the States debts in its many forms of taxes, the days can be better spent fishing, cycling, countryside walks or whatever offers the individual peace and tranquillity.

Barry Varkel
Barry Varkel
11 days ago

I’m afraid the content on this website of late is going into the realm of bonkers.
Embarrassingly so actually.
I suggest you do up the calibre of the content, else you’ll lose support from people who depend on yourselves for quality alternative information and who are willing to chuck their own coin into the Expose box.
In this contemporary environment of hyper-critical, it’s a slippery slope from a different slant on things right down into the abyss of Aesop’s Fables.

Islander
Islander
Reply to  Barry Varkel
11 days ago

That is your perception.

Rather than call it out as “bonkers” please tell us your reason for saying so?

The powers that be have a great many “tricks up their sleeve” to bring about their nefarious plan…

mcc
mcc
Reply to  Barry Varkel
11 days ago

If this is bonkers, then Jennifer Arcuri also is bonkers. This lady has her faults: she is a former girlfriend of Johnson and the rubbish mainstream media in usual MSM form, have printed all sorts of idle gossip about her which is of no real use or importance.
But she is a Fintech specialist. The mainstream never publicise her article in Money Magpie (look it up). which says muchof what this article says.

Watcher Seeker
Watcher Seeker
Reply to  Barry Varkel
11 days ago

This sounds rather extreme, but it wouldn’t surprise me if it happened.

Until a few years ago, when you put your money into a bank, it was your money and the bank was a custodian looking after your money.

A few years ago, they sneaked through a change in banking law. This change was that when you deposited your money, it became the bank’s money – not yours. When you asked for your money back, the bank could say no – it’s their money. You gave it to them. That is the law.

I believe this to be true. I don’t have time right now, but, later, I will try to find proof of this.

mcc
mcc
Reply to  Watcher Seeker
11 days ago

Agee See Neil Mc Coy Wards latest re bank runs

Watcher Seeker
Watcher Seeker
Reply to  Watcher Seeker
11 days ago

I don’t like posting misinformation and I try to back up things I say, but I have failed to find the information source for my posting about who owns the money in your bank account.

However I did find this and it says that when you ‘deposit’ money into your bank the bank becomes the legal owner of it.

https://demystifyingmoney.com/money/who-owns-the-money-in-your-bank-account/

It isn’t quite as bad as how I described. Perhaps I once read an article by someone who misunderstood the arrangement and I was misled by that.

However – bail ins are real. While I was searching I read some of the banking acts (Banking Act 2009 and The Financial Services (Banking Reform) Act 2013) and although the measures don’t seem to go as far as the author describes, they do, as it seems to me, anything them to do anything they want to – they can decree it and just issue a statutory instrument to make it legal.

“Bail-In Option”
https://www.legislation.gov.uk/ukpga/2009/1/section/12A

Report on special bail-in provision
https://www.legislation.gov.uk/ukpga/2009/1/section/48E

Executing Bail-Ins – Bank of England

https://www.bankofengland.co.uk/-/media/boe/files/paper/2021/executing-bail-in-an-operational-guide-from-the-bank-of-england.pdf

john
john
Reply to  Watcher Seeker
10 days ago

The bank account you think is yours, is not yours. It was opened using a legal fiction NAME. Therefore the bank account belongs to the same entity that owns the legal NAME under Copyright.
Banks do not have a mechanism for living sentient beings (Men and Women) to open accounts with. They deal with the dead. Soulless Corporate (corpse orate) entities from a realm of fiction.

Salomé
Salomé
11 days ago

Hi, I would like to donate, but would prefer to do so per PayPal.
Could you offer this venue?

Rabbi Seamus
Rabbi Seamus
11 days ago

A Universal Income will likely be introduced after several manufactured crises: pandemics, wars, famine. People will not refuse free money from an already created Central Bank Wallet which links to your vaccine status.

That needs to be in place before bank bail-ins can confiscate your FIAT deposits.

john
john
Reply to  Rabbi Seamus
11 days ago

It is more likely to be offered a period after the Fiat currency has been removed. When those accustomed to State dependency and those previously driven by their unbridled greed for legal tender (fiat) will more so easily clamour for it.

Frank S.
Frank S.
11 days ago

An “underground” barter or exchange system using precious metals, commodities, materials or labor will develop rather quickly locally. This should stand in well enough until (hopefully) a gold/silver backed money system is installed by nations. The Globalists will want their digital, obedience reliant ecommerce system, but it will die if enough people refuse to participate in it. Crypto is not a closed system. Someone in the exchange chain is going to need non-crypto to satisfy some clients. So be aware of its limitations. Besides, if the grid goes down, only barter remains.

john
john
Reply to  Frank S.
11 days ago

All correct.
The people ARE the power. They always have been. It is their duty to demand lawful money backed by such commodities. The UK Corporate Government is a service provider. So is any Government. The ONLY role they were ever given was to safeguard the assets belonging to the people. Not to steal them. Limit or squander them. EVERYTHING that comes from the Land and Soil is the property of the people. It does not belong to banks, churches, monarchs or Governments.
If Governments refuse to print asset backed lawful money, liquidate them.

Watcher Seeker
Watcher Seeker
Reply to  Frank S.
11 days ago

They aren’t going to allow loopholes or resistance. They will slam all doors shut. They might confiscate gold as FDR did in 1933. Bartering in precious metals will attract heavy prison sentences.

john
john
Reply to  Watcher Seeker
10 days ago

Corporate Governments have ZERO jurisdiction over living sentient beings (Men and Women). Their jurisdiction is over those that use the State issued NAME (Corporate) for fictional benefits and privileges. If an individual uses the drivers license, passport or bank account-none of which belong to the individual-then authority has been ceded to the State. The people enslave themselves. It is they that have the ability to un-slave themselves.
But here is the issue: A person with a million of debt in the bank sees himself as more affluent than the person with a £1,000 of debt in the bank. Once fiat currency is removed, both are on an equal footing. The person with the million of debt has fared best. But his vanity will not see it that way.

Watcher Seeker
Watcher Seeker
11 days ago

This sounds rather extreme, but it wouldn’t surprise me if it happened.

Until a few years ago, when you put your money into a bank, it was your money and the bank was a custodian looking after your money.

A few years ago, they sneaked through a change in banking law. This change was that when you deposited your money, it became the bank’s money – not yours. When you asked for your money back, the bank could say no – it’s their money. You gave it to them. That is the law.

I believe this to be true. I don’t have time right now, but, later, I will try to find proof of this.

Watcher Seeker
Watcher Seeker
Reply to  Watcher Seeker
11 days ago

I don’t like posting misinformation and I try to back up things I say, but I have failed to find the information source for my posting about who owns the money in your bank account.

However I did find this and it says that when you ‘deposit’ money into your bank the bank becomes the legal owner of it.

https://demystifyingmoney.com/money/who-owns-the-money-in-your-bank-account/

It isn’t quite as bad as how I described. Perhaps I once read an article by someone who misunderstood the arrangement and I was misled by that.

However – bail ins are real. While I was searching I read some of the banking acts (Banking Act 2009 and The Financial Services (Banking Reform) Act 2013) and although the measures don’t seem to go as far as the author describes, they do, as it seems to me, anything them to do anything they want to – they can decree it and just issue a statutory instrument to make it legal.

“Bail-In Option”
https://www.legislation.gov.uk/ukpga/2009/1/section/12A

Report on special bail-in provision
https://www.legislation.gov.uk/ukpga/2009/1/section/48E

Executing Bail-Ins – Bank of England

https://www.bankofengland.co.uk/-/media/boe/files/paper/2021/executing-bail-in-an-operational-guide-from-the-bank-of-england.pdf

Commenter
Commenter
10 days ago

More fearmongering rhetoric from the same “love is the Antidote” fantasy guy that thinks the queen was behind the scamdemic and benefitted the most. The everyone will starve warning has been going around since the start of covid and so have the predictions for the banking systems. There is certainly a move to push into digital technocracy and the 3rd world nations are slaves to it. But total removal of fiat currency in some months, with only UK being the loser while other nations who barely get on with basic actions suddenly being head of the class…rubbish. What is this guy smoking?

john
john
Reply to  Commenter
10 days ago

Facts are facts. It appears facts are outside of your reality.

Commenter
Commenter
Reply to  john
10 days ago

Reality seems foreign to you as you evade basic facts but stick to ideological rantings.

john
john
Reply to  Commenter
10 days ago

By all means make contact with these individuals and tell them Basel 3 is all bullshit. Also contact James Belcher who is Head of State for the American Government. His wife, Anna von Reitz is Fiduciary for the American Government. I am sure they would be interested in the opinion from someone who knows sweet FA about what is transpiring.
http://annavonreitz.com/yourbanks1.pdf
https://www.bis.org/
https://en.wikipedia.org/wiki/Bank_for_International_Settlements

Commenter
Commenter
Reply to  john
10 days ago

I didn’t say a law or theory was rubbish, I said your predictions and distortions using such principles were rubbish. That Anna woman has been ranting about these things for years now. People like her used to be a big thing on Rense until he switched to the more popular anti-woke extreme right stance, when extreme dystopian scare didn’t happen the way his site predicted it would.

john
john
Reply to  Commenter
10 days ago

What queen? I never mentioned a queen. The name i gave was Elizabeth Windsor. Why is that?
Because she categorically is not the queen of England. Firstly she could NEVER be the queen of England. The 1087 Normandy Settlement Act made sure of that.
Secondly, she abdicated a throne she could never sit on 3 days after her fake coronation Oath.  
Queen Elizabeth II abdicated the Christian Monarchy of St. Edward within three days of her Coronation and has occupied The Chair of the Estates and adopted the Imperial Crown instead. 
She is a papacy monarch who’s only authority is over the dead. That would be Corporations and those who use and claim the legal fiction NAME as their own. She has ZERO authority over the living. Men and Women.

Commenter
Commenter
Reply to  john
10 days ago

Again…evading reality in favour of ideological rantings. Why didn’t you sign your name as John (or whatever it is…David, Peter, Ian, Shawn etc) instead of “Antidote is Love” on your rubbish articles?

john
john
Reply to  Commenter
9 days ago

The website owner chose the autograph. Why do you hide behind “Commenter?”
Come back in February.

john
john
Reply to  Rhoda Wilson
9 days ago

Hi Rhoda,
Is another entity manipulating the likes and dislikes?
Both change constantly. One day there are likes. The next day no likes and a number of dislikes.
We must appreciate “commenter” has a job to do. No doubt he is well paid for his efforts.

Commenter
Commenter
Reply to  john
8 days ago

This & your ranting below about being hacked, as if you’re some key informant TPTB are scared of (everyone’s been banned from some social media platform, you’re not special) confirm my suspicions about your paranoia. I’ve commented here before in line with LOGICAL theories and FACTS about scamdemic. Your rantings go against that.

Commenter
Commenter
Reply to  Rhoda Wilson
8 days ago

Thanks for clarifying your policy on letter to the editor. Apologies as I wasn’t aware. The content of these letters seemed suspect as to me, a lot more is going on.

Commenter
Commenter
Reply to  john
9 days ago

You eagerly police the comments of your letter to the editor rantings, and fail to respond logically to any dissent. I bet you are the kind who loves an audience to preach but you don’t actually do anything practical to help anyone. You just want an ear for your ideas and theories, you haven’t got any so you’ve taken to this site for an ego boost.

john
john
Reply to  Commenter
9 days ago

After having computer hacked and all legal data wiped out 3 times in 19 months. 3 email accounts closed. Permanently banned from fakebook. Shadow banned from you tube would be considered extreme from rantings with no eligibility. If such rantings or emails/letters sent to officials were garbage, why bother.
I am sure you will come back with a reason though.

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10 days ago

[…] WILSON ON JUNE 23, 2022. Find Article […]

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9 days ago

[…] 1 Fiat -Geld ist eine von der Regierung ausgegebene Währung, die nicht durch eine physische Ware wie Gold oder Silber gedeckt ist, sondern durch die Regierung, die sie ausgegeben hat. Die meisten modernen Papierwährungen sind Fiat-Währungen, darunter der US-Dollar, der Euro und andere wichtige globale Währungen. […]