Museums are usually places where you’d find articles of virtue of foregone times. Like themed cemeteries, where you can find a condensed display of relics of vanished cultural and technological streams. In short everything that ends up in a museum has generally written death on its forehead otherwise it would not end up in a museum. So how about a museum that is displaying the future. Quite ominous and somber at the same time wouldn’t you agree. How can we display something that has not even happened yet, nor do we even know if it ever will or will be something of significance? And, if it is on display does that mean it is already dead or obsolete? Sometimes history offers …
The Great Reset – the coming bank holiday
You would have to be well over 90 years of age to remember when American banks were closed for days to stem against an impending bank run by its clients. On March 6, 1933, towards the end of the great depression, a bank holiday was declared by the, at that point only 36 hours old, Franklin Roosevelt administration. The intent of the proclamation was to bring confidence back into the monetary system. For a week people were not able to access their bank accounts nor withdraw any money. According to the Federal Bank website the “holiday” resulted in the death of over 4000 banks. It could be perceived as a kind of coup d’etat by bigger banking institutions to get rid of the smaller unwanted competition and if you really wanted to follow the moneytrail – not surprisingly the banks that were shareholders and owners of the Federal Reserve were not among the 4000 banks. Nowadays …