DISCLAIMER: The author is well-known financial commentator Jim Rickards, and his report is a sales pitch or infomercial to order one of his subscriptions.

The Following Message About President Trump Will Be Disturbing to Some Audiences
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Come January 1st, 2018… I Fully Expect the Global Elite to Implement a MAJOR Change to the Plumbing of Our Financial System

It’s a brand-new worldwide banking system called Distributed Ledger Technology.

And it will have a huge impact on seniors who are now preparing for retirement…

It will impact your IRA or 401(k)…

Checking and savings account…

And any cash you have parked in the US financial system.

Unfortunately, Trump CANNOT stop this.

There will be nothing the White House can do.

They have no direct control over the institutions that will carry this out.

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If You’re Looking for Smoking-Gun Proof, It Doesn’t Get Any Better Than This

The memo clearly states:

“Distributed Ledgers have recently emerged as a key technology supporting multiple applications. The potential exists to transform payments and securities settlement… by offering currency substitutes.”

Look, for years the global elites have been quietly laying the groundwork to replace the US dollar with their own globalist currency.

With this new infrastructure called Distributed Ledgers…

They finally have everything they need to EXECUTE their plan.

Globalists Are Already Preparing to Blame All the Chaos on Trump

It’s no secret the global elites hate President Trump.

His nationalistic agenda is the exact opposite of the globalists’ hidden agenda of world government, world money and world taxation.

Trump believes in “America first,” not globalism…

He believes in immigration control, not open borders.

He said himself…

“There is no such thing as a global anthem, a global currency or a global flag. This is the United States of America that I’m representing.”

That’s why he already pulled our nation out of the globalists’ international trade deal known as TPP…

And defied global elites by pulling out of their Paris climate accord.

Put simply, Trump is a major threat to the global elites’ agenda.

And now they have the perfect plan to stop him.

With Distributed Ledgers, I fully expect them to finally implement their plan to replace the US dollar with their own globalist currency…

And blame all the chaos on Trump.

In fact, the “fake news” mainstream media already started to lay the groundwork for blaming Trump.

The U.K. Independent newspaper published an article saying:

“The great dollar crisis… will follow the banking crisis and the Great Recession — and it will all be sparked by The Donald.”

Even The Wall Street Journal is playing the blame game.

They wrote: “Could the new president bring forward the day the dollar loses its reserve-currency status?”

The Journal actually quoted me in that specific article.

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What is a Distributed Ledger?
CoinDesk
https://www.coindesk.com/information/what-is-a-distributed-ledger/

[snip]

In its simplest form, a distributed ledger is a database held and updated independently by each participant (or node) in a large network. The distribution is unique: records are not communicated to various nodes by a central authority, but are instead independently constructed and held by every node. That is, every single node on the network processes every transaction, coming to its own conclusions and then voting on those conclusions to make certain the majority agree with the conclusions.

Once there is this consensus, the distributed ledger has been updated, and all nodes maintain their own identical copy of the ledger. This architecture allows for a new dexterity as a system of record that goes beyond being a simple database.

Distributed Ledgers are a dynamic form of media and have properties and capabilities that go far beyond static paper-based ledgers. For more on this, please read our guide "What Can a Blockchain Do?" For now, the short version is they enable us to formalize and secure new kinds of relationships in the digital world.

The gist of these new kinds of relationships is that the cost of trust (heretofore provided by notaries, lawyers, banks, regulatory compliance officers, governments, etc…) is avoided by the architecture and qualities of distributed ledgers...

The invention of distributed ledgers represents a revolution in how information is gathered and communicated. It applies to both static data (a registry), and dynamic data (transactions). Distributed ledgers allow users to move beyond the simple custodianship of a database and divert energy to how we use, manipulate and extract value from databases — less about maintaining a database, more about managing a system of record.

Authored by Nolan Bauerle

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SEE ALSO

Distributed ledger technology in payments, clearing, and settlement
Finance and Economics Discussion Series 2016-095
Divisions of Research & Statistics and Monetary Affairs
Federal Reserve Board, Washington, D.C.

https://www.federalreserve.gov/econresdata/feds/2016/files/2016095pap.pdf