CASH AND CORONA VIRUS

CASH AND CORONA VIRUS

The corona virus continues to be the media sponsored threat-and-fear meme-de-jour, and there have been a number of stories questioning the narrative, or speculations on who is behind it, and why. For the record, I'm one of those leaning toward the explanation that it's some sort of bio-economic warfare engineered against Communist China (we'll get back to that), possibly designed to overturn the government of Emperor Xi (as outlined in these articles shared by L.G.R.):

President Xi Insists He Gave Orders To Contain Coronavirus Outbreak Weeks Before It Went Global

Is Political Change Coming To China?

There's also the counting issue, as raised by Jon Rappoport:

Sudden spike in coronavirus cases only means new method of counting

Whatever one makes of such issues, the fact remains that there is a serious outbreak of the virus in China, and as the news has been reporting, it's caused large cities to be shutdown, quarantined, and brought a halt to travel. Xi himself appears to have doubled down on his reputation in the crisis by sending his closest advisors to the hardest hit areas to handle the crisis. In other words, if Xi is not successful in dealing with it, he and his regime will take the blame, and that means he and his regime could possibly be forced to abdicate or be deposed. One could spend this whole blog (and many more) discussing all these possibilities.

Fascinating as those possibilities and tempting as the discussion of them may be, however, I want to focus on something completely different, and on the high octane speculative possibilities implied in it.  This article was spotted by D.W.:

https://www.theguardian.com/world/2020/feb/15/chinese-banks-disinfect-banknotes-to-stop-spread-of-coronavirus

A few days ago, you might recall that I blogged about a strange case of counterfeited US $1 bills, some $900,000 worth, that was intercepted by customs authorities. The bills were in crates, and came from (you guessed it) China. (See

COUNTERFEIT$ AND CORONAVIRU$?

In that blog, I pointed out the oddity of the choice of $1 bills to counterfeit:

Needless to say, this has me thinking that perhaps this virus outbreak and this counterfeiting operation, which the article clearly implies is based in China. Would nations engage in the covert counterfeiting of a rival's currency? Sure. It's been going on all the time. Think of the vast coin-clipping operations in the Italian city-states, not to mention a "highly unusual coincidence" connected to Venice, the Fourth Crusade, and the Venetian counterfeiting of Byzantine coinage. Or think of the British counterfeiting the assignats of the French revolution, or for that matter, their counterfeiting of American colonial scrip. Or think of the Nazis' "Operation Bernhard," counterfeiting such good copies of British pound sterling notes that the entire issue had to be redesigned after the war and new types of currency issued.

However, there's something very odd about this counterfeiting venture. But to understand that "oddity" and why I think it might be something indicating a connection to the coronavirus story, we have to understand a basic feature of counterfeiting operations. Firstly, counterfeiters do not counterfeit things that do not exist. They do not, for example, counterfeit seven dollar bills for the simple reason that it would be a waste of time and effort. This basic fact has been at the core of my arguments that the various bearer bonds scandals - in which the denominated bonds are denounced as fakes and hoaxes because said denominations supposedly do not exist - are really indicative of the possible existence of a wholly hidden bond market. For those who know the story, think of Japanese Prime Minister Tanaka and the so-called "57 bonds."

Secondly, counterfeiters normally do not counterfeit bills in small denominations, but rather, in larger denominations that typically can be broken down into smaller (real) denominations. Typically, this has meant that counterfeiters focus on American bills of $20, $50, or $100 denominations. These are spent, or broken, for real currency, and thus the profit is made.

Thus, in this story, the counterfeiting of $1 bills is highly unusual, for it's an indicator that profit is not the primary motivation of whomever was ultimately behind the operation. But if currency were selected as the principal means of circulating as a biowarfare platform, it makes eminent sense, for $1 bills circulate widely and quickly, from the change in the grocery store line to tips given in restaurants, and so on.

There are to my mind four corroborating indicators that this high octane speculation may have some traction: (1) the timing of the find occurred in the time frame of the outbreak of the virus; (2) the seizure of the counterfeit bills notes the ultimate source was China, via Canada, and there has already been a Canadian side to the coronavirus story, (3) the rapid spread in the USA suggests perhaps that there may be vectors of delivery we're not being told about, and finally, (4) the seizure itself suggests that the US customs was already on the lookout for something. If I can suspect a potential connection of money as a delivery vector for a bioweapon, rest assured, so can the Chinese or American customs.

Now, in this new twist,  the first thing to note is that China is attempting to sterilize its own currency, confirming my suspicion that the virus can be transmitted in this fashion. There are, however, a few additional things to note here; citing from the beginning of The Guardian article:

China is disinfecting and isolating used banknotes as part of efforts to stop the spread of the coronavirus that has killed more than 1,500 people, officials have said.

Banks use ultraviolet light or high temperatures to disinfect yuan bills, then seal and store the cash for seven to 14 days – depending on the severity of the outbreak in a particular region – before recirculating them, China’s central bank said at a press conference.

...

Fan Yifei, the deputy governor of China’s central bank, said on Saturday that banks had been urged to provide new banknotes to customers whenever possible.

The central bank made an “emergency issuance” of 4bn yuan in new notes to Hubei province, the centre of the outbreak, before the recent lunar new year holiday, Fan added.

Now, boiling all this down, this information tends to confirm the suspicion of many (including this author) that the corona virus story is a story of bio-economic warfare against China. Consider: the virus has (1) shut down travel; and, (2) shut down large swaths of the Chinese economy as people are quarantined, prevented from traveling and so on.

But now, with this confirmation that the virus is suspected of being able to circulate on currency, a further blow to the Chinese economy, both domestically and ultimately internationally, is struck: who will want to transact in cash if cash is suspected of being a carrier? As the above paragraphs also indicate, the amount of currency in circulation was curtailed to the point that the central bank authorized the printing of new notes to make up for the short fall, but when the "disinfected" currency re-enters circulation (if, indeed, it ever does, and is not simply destroyed), then China could be facing some inflationary pressure. (And another possibility: if the virus can circulate on currency, might it also be able to circulate on credit and debit cards, and be transfered from card to card-readers and back to other cards?)

And that's just the domestic side. For a country that has been striving to make the reminbi a reserve currency, this is a huge blow not only to those aspirations, but also to bilateral trade-and-currency agreements already on the books. Who wants to hold physical reminbi, or  much more to the point, the actual paper of Chinese securities, in their vaults, if they are suspected of being able to transmit the virus? And given the circumstances, would you trust the digital alternatives when the Chinese central bank is printing reminbi to meet the problem of temporary hits to the amount of circulating currency?

While we're at it, notice also another shock to the system: if one is removing currency from circulation temporarily in order to disinfect it, while simultaneously people are not working and producing, and one is also printing up more money to meet the currency shortfall, one might be looking at the nightmare scenario: a simultaneous deflationary-inflationary "vice grip", and sudden and sharp fluctuations in prices domestically might result, notwithstanding whatever price controls as might be imposed.

 

42 thoughts on “CASH AND CORONA VIRUS”

  1. The symbolism of CORONA,crown,day of the dawn sounds more of a communist logo.Pure speculation leads me to conclude that it may have been an initiative that BACKFIRED on those who may have been the agents provocateurs.

  2. also it occurs to me a preference is being forged, even to be mandated, for non contact credit/debit card transactions, like tap or swipe, without any fingers on keys. Wuhan was the biggest rollout in China for 5g just prior to all this. that then leaves one vulnerable to wifi hacking/tracking

  3. Check out the video made today by Dr. Shiva Ayyadurai. He’s the Real Indian that ran against the Fake Indian in Mass!! 😉 He’s a common sense kind of guy & he points out that in July there were massive protests by the people of Wuhan about the air pollution…….Hmmmmmm?????

    1. Interesting guy so far. He is either a good guy who the social engineer monsters do not yet fear or he is soon to be or already controlled opposition. It is curious that the Brahmans let his Untouchable butt out of India, let alone allowed him to be schooled. And now they are going to let him show them up itellectually to any degree? I have met and trained with Brahmans. Many remind me of what I emulate in Vinod Khosla.

      Either way I wish his name was not Shiva.

  4. The phrase that keeps running ’round & ’round in my head is the one from the Anglo-Saxon Agenda: “China will catch a cold!”

    About all any of us can do is wait & see how this all develops!! One does tend to wonder exactly WHO the ultimate Controllers are on this planet??!!! I like C.A. Fitts phrase, “Fortress America”!! All this global interdependence would seem to lend towards nation-states again & choke off all these globalists???

    It helps to remember that each of us is an Eternal, Sovereign Being encased in these “meatsuits” for a short while!!! 😉

  5. Not one to add a flashpoint to your “high octane speculations / suspicions,” but it’s certain that most US civilian first responder units are gearing up for a potential HAZMAT (HAZardous MATerial) level response readiness condition for this microbial condition. Better intelligence is key. Military are reviewing and securing their version of same Mission-Oriented Protective Posture (MOPP). When using either donning protocol, one needs to learn how to stay [Safely] hydrated lest ye succumb to the event one is responding to by dehydration. Caffeine tends to quicken body fluid elimination habits. That entails dehydration threat and barrier breaking of body protection unless measures taken to deal with internal suit components. Easier said than done. Coffee, an often-favorite beverage, is not one of survival choice, nor is caffeinated teas. First responders and military already know something of how intense the training and on scene size up and deliberations can be.

    Establishing cold zones (low risk contamination areas) and warm / hot zones (significant contamination risk areas) seems to have been implemented in China where information got past the censorship. But they failed in the initial awareness stage which should have been implemented first and that information adequately distributed instead of censored. Time will tell of how badly the Party botched it. Saving face could cost them their ill-gotten state. Real panic and chaos are no friend to despotism.

    That dirty Renminbi is another matter for responders. The confiscated counterfeited dollar bills may be telling a different story by now, disinformation included. It might also be a panicked fear response in desperation. Quite a few more people and authorities will have to consider the extent of those 5 million or so folks that left Wuhan just before and during that probable start place and time of the outbreak.

    Establishing the proverbial body-count seems a work in progress, if not an immediate failure for control, as more data is tabulated for accuracy. One of several problems brought by external researchers is establishing the criteria for diagnosis. That entails testing, accurate testing, and reliable conformation processes in place. Something that has been bit and parcel scraps from the Party. When testing kits for microbe verification are exhausted that leaves the more traditional differential diagnosis when examining patients. The signs and symptoms of pneumonia establish lung involvement and necessary observation periods. With a lethal and contagious microbe as Covid-19 physicians might need to be in Hazmat level A (many now are) which prevents contact from patient and microbe. That microbe has the capacity to breach simple masking techniques because of its small size. Since their have been practitioner deaths the question goes begging, “What was their initial protective practice against contagion as patients presented in emergency rooms and care centers?”

    Social media sources have been able to transmit unedited chaos in some regions, stern enforcement by state police, and individuals literally putting their lives in jeopardy by transmitting and then going silent. More is needed to confirm what those citizens are reporting. The videos are very damning along with news sources speaking directly to responders on tape for the record.

    Those quickly made staging areas or make-shift hospitals might need some work toward effectiveness, but one was impressed with the speed and expanse local authorities were able to come up with it. A drone view showed quite a few working earth movers and motorized shovellers brought to bear. As far as containment of contaminated, no symptom suspect contamination, symptom related and probable contamination, observation, the hodgepodge facility needs work. Flimsy mask wearing is highly suspect given the micron size barrier that they do not guard against. A large droplet barrier initially, but they need to be changed out due to degradation and loss of effectiveness. Those N95 barrier masks are useful up to a point but are intended for larger dust size particulates and need to be changed out (disposed of with hazardous materials disposal protocols in mind) when they get soggy and material breaks down. New supply chains and manufacturing sources most certainly have come up.

    The funerary crematoriums present another problem with air borne particulates and wind directions as well as subsequent fallout over more populated areas downwind. Individuals working at transporting the deceased were already maxed out, agitated, and on 24/7 duty suffering the fatigue of the overwhelming task. Those interviewed said the rate of bodies was 3 to 4 times the usual rate and increasing. That was several days ago. Satellite imaging supports large scale plums emanating from a known crematorium site near the presumptive ground zero.

    Fatigue is no friend to competence and safety. It contributes to dangerous shortcuts.

    One wonders about the general health of the citizenry. How many survivors will there be? How many bad stories prompting action will there be started toward change? How will this latest viral outbreak compare to SARS-2003, H1N1-2009, MERS-CoV-2012, . . . now this CoVid-19. At any rate, one way seems to be to work on superior individual immune responses. But, “How to do that?”

    Indeed, George Orwell has something to say, as the Guardian quoted: “Who controls the past controls the future: who controls the present controls the past…” It fits several current scenarios playing out.

    1. And what makes things worse is its a circular virus that you can’t build up immunity to and one that does more and more damage each time it reinfects you from a rapid mutation in another person you are in contact with. So if you survive the first round you might not survive the 2nd, 3rd, or fourth round. I suspect the death toll which is being hidden is probably a third and will go much higher as reinfections become more common place. Hope I’m wrong. It’s worse inside China because their health care system is over wealmed and many newly infected can’t get proper care. Probably will get really bad outside China if our health care system gets over wealmed and people can’t get access to proper treatment.

  6. Bets based on evidence we can know:

    Bitcoin price. Medical panic.

    Viral, chemtoxin, whatever hardly matters. Medical martial law that facilitates and masks eugenics and asset theft is their priority. Details of biowar, espionage, counterfeit et al only feed the panic, solidify dialectics and tenderize the targets.

    Economies tank during secind terms. Presidents ram through least popular agendas then as well. It is about the political capital and spending it.

    1. In terms of our own personal risk of disease – Beauchamp was phenomenally accurate. Pasteur could not have more wrong by mistake or on purpose. All the OCD clean in the world hardly matters compared to good and clean food, air and water.

    2. I am planning on being as clean as I maintained or blood center. I am also planning on eating and sleeping better and hence enduring better than my coworkers most half my age. Thank you authors on paleo, keto, crossfit, optimum diet, original strength, mycircadianclock.com and on.

      Now, whether or not that buys us time and resources (like better food and water) and keeps the diagnosticians and their incinerators from our door, it looks too likely we will find out.

      Anyone here think this online record of my past and current opinions will make a difference in those diagnostics?

      1. We’ve all got social scores and threat level scores. They can weed us out slowly where few will notice by our hackable cars, appliances, prescription drug combinations, and exotic technologies. The awakening got so great so fast that they panicked and may have gone with one of their big bio guns since none of the major powers seem willing to fall for their global war schemes. Do they have the same level of control here in the west as they do in China and can succeed at targeting dissididents without blow back? Probably not. China has had mobile execution vans for some time, I suspect our people would get freaked out by such orders.

        1. On Glen Beck tonight they are going to cover the drones chasing people in the streets at face level, telling them they should not be outside and chasing them back to their houses…I would never have imagined something like this in my lifetime…it you get a chance, watch on youtube and we can discuss w/community this Fri at Vidchat…I am speechless and overwhelmed by all of this honestly.

          1. It is nightmarish. Do you think that is intended? And that showing it to us is intended?

            Hmm. A sick sibling had me watching terminator tv show tonight. She was not familiar with the concept of golum. I was not aware that Hollywood pushed such narratives directly. With narrator explainations of Jewish lore.

  7. Check Clif High “3 Amigos video mentioned below” for these comments on virus deaths in China:
    Official diagnosis of coronavirus in China (only 1800 dead … so far Feb 18, 2020) … the infected must test positive twice before diagnosis is official. Many, many others are dying of other causes:
    1) Pneumonia
    2) Kidney failure
    3) Multiple organ failure

    China is NOT including these ‘other’ deaths in official statistics of corona virus … the city of Wuhan has just received 40 mobile incinerators that can burn 5 tonnes per day … that would be 55 people per day per unit …. 40 x 55 = 2200 people per day?

  8. Cliff High has much to say about covid19 on both his Youtube channel and his twitter account. Here is today’s 3 Amigos discussion:
    3 Amigos ‘current outbreak’ – Sun Disease
    https://www.youtube.com/watch?v=_2pa4zlEM4s
    Economic forecast: China in economic lockdown for next 6 months at minimum. If the crisis ends at that point, then it will take months to re-boot the economy. No possible way to analyze who may die from the virus, critical workers will be taken out, thus increasing the uncertainty. As of March 6, the last Container ship from China will be off-loaded … 30 days later the US brigns running our of critical supplies … meds for mental illness, 53% of all supplements depend on key ingredients from China, etc. If this is a bio-warfare scenario, then China will likely be affected for 3 years. The veritable end of “globalization” now replaced by “re-localization” … raw goods easier to decontaminate, ship to regions, where they will be processed into the final product.
    Cliff is 67 years old. His dad was in US military college in 1968/69. Cliff helped his dad with the math while his dad studied the patterns of bio-warfare … watch Cliff’s Youtube channel to get the low-down on the bio-warfare mow-down: https://www.youtube.com/channel/UCqXZf0F4GLSX1QXBUgPXhqg/videos

  9. Lord Protect Us From The Wrath Of The Barbarians the New Dark Ages are a-coming. Lies and damn lies a spreading and they are more murderous than the most deadly plague ever known.

  10. Before even reading; the title sends out a 2 for the price of one message: a culling/eugenics and/or getting rid of that pesky cash – deplorables can spend it anyway they want, despite how little they actually have.
    With digital there is more control.
    W/less population there is more control and saved bullets.

    That’s the frame.
    Now to read the post.

    Ah. The tried and true Rothschild agenda; where Lincoln wasn’t going to play playing privately owned cash ball.
    Li playing for China; and not the internationals?

    Catching the $1 dollar bills? By design? Whose your patsy? Another vector? Just who is engineering this, would answer quite a few questions.
    #3)… ?

    Whit Rabbit

    1. Silver coinage: bingo Roger, and copper alloys also naturally disinfect; time to go back to those brass railings, door handles etc. instead of the ubiquitous steel or plastic.

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  12. J. Stone has raised a good point on the number of deaths:

    ” John Hopkins has corrected their error and updated the data to 454 infected.
    With that many infected, if the Diamond Princess follows China’s numbers (as it should) there should be 92 deaths. If the number of deaths does not add up, China’s doing a culling and the virus will amount to nothing globally.
    If the numbers on the Diamond Princess do not add up to what the Communists in China are saying, it will be because stupid people ran the psy op and did not realize there were people outside their reach that would realize something like a cruise ship provides a perfect control reference. Time will tell!”

    Currency, like door knobs and countless other things, have always been vectors for the transmission of the common cold and other ailments. It will be no different with this. Keeping ones hands sanitized during such outbreaks is the best way to avoid them as well as keeping ones self isolated from the ill as much as possible.
    It has gotten to the point now where it is difficult to distinguish the truth from the propaganda. I have little doubt that this outbreak will be used to further many agenda’s, none of which will be beneficial to humanity as a whole.

  13. Really and truly if we don’t want to spread anything by hand you wear plastic gloves anytime you go out and take a bath as soon as you come home.
    All we need to do is become more aware of how germs pass around, we have become very complacent for awhile now that i have noticed. I have even been shamed for not letting or want to drink after others or something as simple has not sharing nail clippers. Didn’t Germany have stick publicly hygiene policies at some point.

  14. At last, clean money. Going to have to do coin also.
    My mothers father was a card player, he lost the farm on more then one occasion, when he came home late at night he would empty his pockets of wadded up bills onto the table. The next morning mother would take the bills, wash and then iron them and most likely starch them also.

  15. Like all major crises, when you’re in it, it’s hard to see the wood for the trees, and lots of parties will be looking (or at least hoping) to reap huge profits. There are pros and cons for the various oligarchical factions and these will become clearer as the weeks go by. Banksters dream of digitizing, Big Pharma dreams of vaccinating everybody and D A R P A cultivates nightmares; but they fail to take the human spirit into account.
    Now everyone and not only the US will have to turn to “reshoring” of production, also with the help of 3D printing. A process that will take years, long after the “WuFlu” has come and gone. Countries like Germany, which have done less, outsourcing, will have a jump on the others.

  16. I might tie this situation to the US Presidential election. Remember, Bush Senior was at the height of his popularity after the first Iraq war, but was handily defeated when the US economy tanked, shortly thereafter. Do you remember the political phrase, “It’s the economy, stupid!” ?

    Trump has tied his office to America’s prosperity (rightly or wrongly). A major tanking of the US/global economy going into the national elections might thus sink Trump’s chances. The banksters and the alphabet agencies know this, as well as more-minor political opponents.

    If you wanted to tank the US/world economy in a ‘plausible deniability’ way, isolating China (via virus fears) would be a great way to start the dominoes falling. Really screw-up just in time production and shipping, and there you go.

    The timing is also suspicious. Ominous signs of a recession have been building over the past year or so. It has seemed that one good ‘systemic’ shock could bring-on the next Big recession. Well, this one seems to be ‘scheduled’ to have maximum impact in late Summer or early Fall. Just in time for the ‘trickle-down’ effects to be impacting the mainstream voters…

    (Plus, this might tie-in to the general ‘one currency’ and ‘cashless society’ pushes. A two-for-one…)

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