Post Offices taking on Bank duties in your country?

[Drareg]

Is anybody else seeing this in your country?
It seems commercial banks are closing en masse, they claim it’s because of digitization/online banking, they are starting to offer their services through national post offices.
Many countries give out social welfare payments through the post office like the Dole, the banks are closing IMO because commercial banks are going to collapse and their right to create money taken away, the central banks will give money directly to people, the UBI will come in here, I suspect that the UBI will be a post office affair even though it’s digitized.

I don’t have a full picture on this yet but it’s clearly centered around the great reset/4IR narrative, the brass balls of central bankers to throw commercial banks under the bus then step in to play heroes, the central banks have already decided to ignore their impartiality for the green new deal and are involved with deciding where the money will go, all under the guise of saving the planet to justify authoritarianism, the next step is total control of the money supply.

I sometimes wonder if a faction of good people in the military and the FBI are giving the Davos clique enough rope for the public to see them in the full light, members of the fed for example got done for inside trading recently, there is no way they are that stupid to trade on the inside unless they knew it would be overlooked, somebody didn’t overlook it this time, someone is trying to tarnish them because they know what’s coming?

 

[tankasnowgod]

I don’t have a full picture on this yet but it’s clearly centered around the great reset/4IR narrative, the brass balls of central bankers to throw commercial banks under the bus then step in to play heroes, the central banks have already decided to ignore their impartiality for the green new deal and are involved with deciding where the money will go, all under the guise of saving the planet to justify authoritarianism, the next step is total control of the money supply.

Eh, not sure on that. You could always get a money order at the Post Office. Plus, they are one of 26 (!!!!) things considered a "financial institution" under the US code.

31 U.S. Code § 5312 - Definitions and application

www.law.cornell.edu

(2)“financial institution” means—
(A)
an insured bank (as defined in section 3(h) of the Federal Deposit Insurance Act (12 U.S.C. 1813(h)));
(B)
a commercial bank or trust company;
(C)
a private banker;
(D)
an agency or branch of a foreign bank in the United States;
(E)
any credit union;
(F)
a thrift institution;
(G)
a broker or dealer registered with the Securities and Exchange Commission under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.);
(H)
a broker or dealer in securities or commodities;
(I)
an investment banker or investment company;
(J)
a currency exchange, or a business engaged in the exchange of currency, funds, or value that substitutes for currency or funds;
(K)
an issuer, redeemer, or cashier of travelers’ checks, checks, money orders, or similar instruments;
(L)
an operator of a credit card system;
(M)
an insurance company;
(N)
a dealer in precious metals, stones, or jewels;
(O)
a pawnbroker;
(P)
a loan or finance company;
(Q)
a travel agency;
(R)
a licensed sender of money or any other person who engages as a business in the transmission of currency, funds, or value that substitutes for currency, including any person who engages as a business in an informal money transfer system or any network of people who engage as a business in facilitating the transfer of money domestically or internationally outside of the conventional financial institutions system;
(S)
a telegraph company;
(T)
a business engaged in vehicle sales, including automobile, airplane, and boat sales;
(U)
persons involved in real estate closings and settlements;
(V)
the United States Postal Service;
(W)
an agency of the United States Government or of a State or local government carrying out a duty or power of a business described in this paragraph;
(X)a casino, gambling casino, or gaming establishment with an annual gaming revenue of more than $1,000,000 which—
(i)
is licensed as a casino, gambling casino, or gaming establishment under the laws of any State or any political subdivision of any State; or
(ii)
is an Indian gaming operation conducted under or pursuant to the Indian Gaming Regulatory Act other than an operation which is limited to class I gaming (as defined in section 4(6) of such Act);
(Y)
any business or agency which engages in any activity which the Secretary of the Treasury determines, by regulation, to be an activity which is similar to, related to, or a substitute for any activity in which any business described in this paragraph is authorized to engage; or
(Z)
any other business designated by the Secretary whose cash transactions have a high degree of usefulness in criminal, tax, or regulatory matters.

All the way down at V, past Car Dealerships, Pawn Brokers, Travel Agencies, and Telegraph Companies.

Remember, there is no money (meaning gold and silver, money of exchange), all we have are financial instruments like promissory notes, bills of exchange, drafts, bonds, and such.

Also, in the Republic known as The United States of America, the government derives it's rights from the people, which means the people had the right to create their own money. We still do. You just can't counterfeit someone else's money, like a Federal Reserve Note.

 

[Michael Mohn]

I sometimes wonder if a faction of good people in the military and the FBI are giving the Davos clique enough rope for the public to see them in the full light, members of the fed for example got done for inside trading recently, there is no way they are that stupid to trade on the inside unless they knew it would be overlooked, somebody didn’t overlook it this time, someone is trying to tarnish them because they know what’s coming?

Sounds like you swallowed the Q pill. There're no heroes in the military and the FBI who will raise up to save the day. This fairytale has been constructed to prevent people from organising into a popular movement and becoming independent from the corporate system.
It breads passivity.
It has been done before in Russia during the civil war against the Bolshivic. A mystical General was supposedly organising a resistance but nothing happened and the Communist walk straight to power.
Also the post office in my country is the most unpopular bank with the highest fees.

 

[Hugh Johnson]

We used to have postbank which makes perfect sense since there is obvious synergy. But privatisation ruined that.

 

[OccamzRazer]

Eh, not sure on that. You could always get a money order at the Post Office. Plus, they are one of 26 (!!!!) things considered a "financial institution" under the US code.

31 U.S. Code § 5312 - Definitions and application

www.law.cornell.edu

All the way down at V, past Car Dealerships, Pawn Brokers, Travel Agencies, and Telegraph Companies.

Remember, there is no money (meaning gold and silver, money of exchange), all we have are financial instruments like promissory notes, bills of exchange, drafts, bonds, and such.

Also, in the Republic known as The United States of America, the government derives it's rights from the people, which means the people had the right to create their own money. We still do. You just can't counterfeit someone else's money, like a Federal Reserve Note.

Thnx Tanka, your financial posts are always refreshingly insightful!

 

[Drareg]

Sounds like you swallowed the Q pill. There're no heroes in the military and the FBI who will raise up to save the day. This fairytale has been constructed to prevent people from organising into a popular movement and becoming independent from the corporate system.
It breads passivity.
It has been done before in Russia during the civil war against the Bolshivic. A mystical General was supposedly organising a resistance but nothing happened and the Communist walk straight to power.
Also the post office in my country is the most unpopular bank with the highest fees.

Q is a psyop by American military intelligence, not everyone in the military and FBI are corrupted.