“QUANTUM FINANCIAL SYSTEM”, OR JUST ANOTHER ...

Every now and then I receive an article or a paper from someone that is so significant - and long - that I have to do a multi-part commentary on it, but with the proviso that even a multi-part commentary cannot begin to plumb the depths and breadths of implications that fall out from it. All I can do is draw attention to a few significant points in the hopes that others will read the original article or paper, and derive their own (further) conclusions and implications.

That's especially the case here. Ever since the beginning of the age of "quants," the financial world has increasingly come to resemble the oftentimes bizarre and magical world of quantum mechanics. That could have been easily predicted and expected, since the "quants" in many cases were actually degreed quantum physicists unable to find employment in their own field, who went to work for banks, brokerage houses, hedge funds, and so on, bringing their mathematical modeling skills with them, and applying their quantum physics to economic models. If you've often thought the modern financial world makes little sense, this may be a large part of it: stick the word "quantum" in front of anything, and one is able to obtain wholesale returns of speculation for a minimum investment of mystification, if I may paraphrase Mark Twain's comments on evolutionary theory wildly out of context. Such is the case with this paper that was spotted and shared by J.R., with our gratitude:

QUANTUM FINANCIAL SYSTEM “QFS” OVERVIEW

I cannot even begin to describe my reaction to this document purporting to explain how all this new financial system is supposed to work, but I do want to draw attention to a few slides from the presentation, beginning with slides 2 and 3. From slide number 2 one reads that all current bank accounts and fiat currencies are to be converted to "asset backed accounts" over time, and that such account holders will then become "sovereign." The currency then becomes an "asset backed token". On slide 3, the scam is further detailed: Firstly, one reads:

GCR will use a specific quantitative formula to establish the amount of currency available “in a country” that is asset-backed in QFS. The formula establishes a fair value of each  country’s assets as compared to another.

And then this:

The formula applied to each country brings all countries on par with “one another”. Included in the “formula” are in-ground assets, the economy of the country, its population (booked as an asset) and other parameters. (emphasis added)

Notice that the "formula" is not specified. And note also that this statement occurs beneath the subject header that "the price of gold becomes inconsequential."  We'll get back to this aspect of what's I believe (in part) is going on here (leaving it to be remembered that there is much more going on than that which I'm drawing attention to).

Finally, on slide 3, we read this immediately after being told that "the price of gold becomes inconsequential":

An Account Holder’s FIAT currencies which are deemed “legal” at the time of implementation of the QFS system will be exchanged for “gold backed currency on a one-to-one basis. This is called the “Reconciliation” process.

Notice that no mention whatsoever is made of the monetization of silver in this (w)hole scheme, which reads like an updated version of the mess of American reconstruction after its War Between the States.

So what do we have? When I initially heard of the creation of state bullion depositories I thought they could be a good idea. But as they began to be elaborated in terms of "electronic transfer systems" I grew and have remained intensely skeptical, because it became clear that what was being done was another version of "give us your hard assets, in this case, your bullion, and we'll give you nothing, in this case, electronic blips that we're going to 'back' with your bullion"!  But why the claim to be backing anything with bullion? Can I take your electronic transfer card to that bullion depository and demand the bullion? and can I actually spend the bullion itself? The answer to both questions is "probably not". Why? Because you'll note that in slides 2 and 3, your fiat currency has been converted to the tokenized system on a 1:1 basis. The slides call it "reconciliation", another mystical term doubtless borrowed from the "renormalization" often performed in quantum physics. If you're wondering what "renormalization" is, that's simply a fancy was of saying that when the equations are returning infinities, you simply ignore the infinities, rather then make the audacious suggestion that maybe they're trying to tell you something.  What this means in effect is that while your money is now backed by hard assets, that actual quantity of assets that your tokenized "money" is actually backed by is so small and miniscule that only a computer could calculate it. Your "dollar" may thus be "backed" by gold, but the actual amount of gold would probably be a mere nano-speck of the precious bullion, and hence, your tokenized and "backed" currency is not really convertible because the amount of physical asset is so small. It's a mere increment, a mere quantum of hard assets. We've arrived at why "they" are calling this a "quantum" system, because no one is going to demand convertibility into such a minute amount of gold that they can't even see it.

Thus, it's a grand asset seizure scheme, because they only ones who will be able to convert their tokenized assets will be the very wealthy, because they will have enough money to convert into non-quantized (i.e., not nano-small-amounts) hard assets. I take these two slides, then,  as confirmation of my hypothesis that "they" have decided not to deflate currency in order to restore convertibility, but rather, to use the opportunity to create a new "quantum" system as a new form of asset seizure. No matter how much they talk about "backing" their currencies, it is really nothing but a klepto-currency scheme: give us your hard assets, and will give you electronic blips that you can "convert" into your local fiat paper currency. But we'll keep the hard assets.

And I haven't even spoken about all the slides detailing the electronic transfer scam scheme component of this plot (nor will there be any time to do so). You'll note, however, how many slides are dedicated to "screenshots" of people involved in transactions: but no mention of what happens if, for whatever reason, one is not able to "transact" electronically... In short, the two-tiered system of finance is being taken public, which the super-wealthy get to transact in real hard assets completely hidden from everyone else.

But there's also another game going on here, even more subtle than this, and much more dangerous... but for that, we'll have to wait for part 2...

See you on the flip side...

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