(Hey everyone, this is the SECOND half of the Finale, you can find the first half here)

The Dollar Endgame

True monetary collapses are hard to grasp for many in the West who have not experienced extreme inflation. The ever increasing money printing seems strange, alien even. Why must money supply grow exponentially? Why did the Reichsbank continue printing even as hyperinflation took hold in Germany?
What is not understood well are the hidden feedback loops that dwell under the surface of the economy.
The Dragon of Inflation, once awoken, is near impossible to tame.
It all begins with a country walking itself into a situation of severe fiscal mismanagement- this could be the Roman Empire of the early 300s, or the German Empire in 1916, or America in the 1980s- 2020s.
The State, fighting a war, promoting a welfare state, or combating an economic downturn, loads itself with debt burdens too heavy for it to bear.
This might even create temporary illusions of wealth and prosperity. The immediate results are not felt. But the trap is laid.
Over the next few years and even decades, the debt continues to grow. The government programs and spending set up during an emergency are almost impossible to shut down. Politicians are distracted with the issues of the day, and concerns about a borrowing binge take the backseat.
The debt loads begin to reach a critical mass, almost always just as a political upheaval unfolds. Murphy’s Law comes into effect.
Next comes a crisis.
This could be Visigoth tribesmen attacking the border posts in the North, making incursions into Roman lands. Or it could be the Assassination of Archduke Franz Ferdinand in Sarajevo, kicking off a chain of events causing the onset of World War 1.
Or it could be a global pandemic, shutting down 30% of GDP overnight.
Politicians respond as they always had- mass government mobilization, both in the real and financial sense, to address the issue. Promising that their solutions will remedy the problem, a push begins for massive government spending to “solve” economic woes.
They go to fundraise debt to finance the Treasury. But this time is different.
Very few, if any, investors bid. Now they are faced with a difficult question- how to make up for the deficit between the Treasury’s income and its massive projected expenditure. Who’s going to buy the bonds?
With few or no legitimate buyers for their debt, they turn to their only other option- the printing press. Whatever the manner, new money is created and enters the supply.
This time is different. Due to the flood of new liquidity entering the system, widespread inflation occurs. Confounded, the politicians blame everyone and everything BUT the printing as the cause.
Bonds begin to sell off, which causes interest rates to rise. With rates suppressed so low for so long, trillions of dollars of leverage has built up in the system.
No one wants to hold fixed income instruments yielding 1% when inflation is soaring above 8%. It's a guaranteed losing trade. As more and more investors run for the exits in the bond markets, liquidity dries up and volatility spikes.
The MOVE index, a measure of bond market volatility, begins climbing to levels not seen since the 2008 Financial Crisis.

MOVE Index
Sovereign bond market liquidity begins to evaporate. Weak links in the system, overleveraged several times on government debt, such as the UK’s pension funds, begin to implode.
The banks and Treasury itself will not survive true deflation- in the US, Yellen is already getting so antsy that she just asked major banks if Treasury should buy back their bonds to “ensure liquidity”!
As yields rise, government borrowing costs spike and their ability to roll their debt becomes extremely impaired. Overleveraged speculators in housing, equity and bond markets begin to liquidate positions and a full blown deleveraging event emerges.
True deflation in a macro environment as indebted as ours would mean rates soaring well above 15-20%, and a collapse in money market funds, equities, bonds, and worst of all, a certain Treasury default as federal tax receipts decline and deficits rise.
A run on the banks would ensue. Without the Fed printing, the major banks, (which have a 0% capital reserve requirement since 3/15/20), would quickly be drained. Insolvency is not the issue here- liquidity is; and without cash reserves a freezing of the interbank credit and repo markets would quickly ensue.
For those who don’t think this is possible, Tim Geitner, NY Fed President during the 2008 Crisis, stated that in the aftermath of Lehman Brothers’ bankruptcy, we were “We were a few days away from the ATMs not working” (start video at 46:07).
As inflation rips higher, the $24T Treasury market, and the $15.5T Corporate bond markets selloff hard. Soon they enter freefall as forced liquidations wipe leverage out of the system. Similar to 2008, credit markets begin to freeze up. Thousands of “zombie corporations”, firms held together only with razor thin margins and huge amounts of near zero yielding debt, begin to default. One study by a Deutsche analyst puts the figure at 25% of companies in the S&P 500.
The Central Banks respond to the crisis as they always have- coming to the rescue with the money printer, like the Bank of England did when they restarted QE, or how the Bank of Japan began “emergency bond buying operations”.
But this time is massive. They have to print more than ever before as the ENTIRE DEBT BASED FINANCIAL SYSTEM UNWINDS.
QE Infinity begins. Trillions of Treasuries, MBS, Corporate bonds, and Bond ETFs are bought up. The only manner in which to prevent the bubble from imploding is by overwhelming the system with freshly printed cash. Everything is no-limit bid.
The tsunami of new money floods into the system and a face ripping rally begins in every major asset class. This is the beginning of the melt-up phase.
The Federal Reserve, within a few months, goes from owning 30% of the Treasury market, to 70% or more. The Bank of Japan is already at 70% ownership of certain JGB issuances, and some bonds haven’t traded for a record number of days in an active market!
The Central Banks EAT the bond market. The “Lender of Last Resort” becomes “The Lender of Only Resort”.
Another step towards hyperinflation. The Dragon crawls out of his lair.

QE Process
Now the majority or even entirety of the new bond issuances from the Treasury are bought with printed money. Money supply must increase in tandem with federal deficits, fueling further inflation as more new money floods into the system.
The Fed’s liquidity hose is now directly plugged into the veins of the real economy. The heroin of free money now flows in ever increasing amounts towards Main Street.
The same face-ripping rise seen in equities in 2020 and 2021 is now mirrored in the markets for goods and services.
Prices for Food, gas, housing, computers, cars, healthcare, travel, and more explode higher. This sets off several feedback loops- the first of which is the wage-price spiral. As the prices of everything rise, real disposable income falls.
Massive strikes and turnover ensues. Workers refuse to labor for wages that are not keeping up with their expenses. After much consternation, firms are forced to raise wages or see large scale work stoppages.

Wage-Price Spiral
These higher wages now mean the firm has higher costs, and thus must charge higher prices for goods. This repeats ad infinitum.
The next feedback loop is monetary velocity- the number of times one dollar is spent to buy goods and services per unit of time. If the velocity of money is increasing, then more transactions are occurring between individuals in an economy.
The faster the dollar turns over, the more items it can bid for- and thus the more prices rise. Money velocity increasing is a key feature of a currency beginning to inflate away. In nations experiencing hyperinflation like Venezuela, where money velocity was purported to be over 7,000 annually- or more than 20 times a DAY.
As prices rise steadily, people begin to increase their inflation expectations, which leads to them going out and preemptively buying before the goods become even more expensive. This leads to hoarding and shortages as select items get bought out quickly, and whatever is left is marked up even more. ANOTHER feedback loop.
Inflation now soars to 25%. Treasury deficits increase further as the government is forced to spend more to hire and retain workers, and government subsidies are demanded by every corner of the populace as a way to alleviate the price pressures.
The government budget increases. Any hope of worker’s pensions or banks buying the new debt is dashed as the interest rates remain well below the rate of inflation, and real wages continue to fall. They thus must borrow more as the entire system unwinds.
The Hyperinflationary Feedback loop kicks in, with exponentially increasing borrowing from the Treasury matched by new money supply as the Printer whirrs away.
The Dragon begins his fiery assault.

Hyperinflationary Feedback Loop
As the dollar devalues, other central banks continue printing furiously. This phenomenon of being trapped in a debt spiral is not unique to the United States- virtually every major economy is drowning under excessive credit loads, as the average G7 debt load is 135% of GDP.
As the central banks print at different speeds, massive dislocations begin to occur in currency markets. Nations who print faster and with greater debt monetization fall faster than others, but all fiats fall together in unison in real terms.
Global trade becomes extremely difficult. Trade invoices, which usually can take several weeks or even months to settle as the item is shipped across the world, go haywire as currencies move 20% or more against each other in short timeframes. Hedging becomes extremely difficult, as vol premiums rise and illiquidity is widespread.
Amidst the chaos, a group of nations comes together to decide to use a new monetary media- this could be the Special Drawing Right (SDR), a neutral global reserve currency created by the IMF.
It could be a new commodity based money, similar to the old US Dollar pegged to Gold.
Or it could be a peer-to-peer decentralized cryptocurrency with a hard supply limit and secure payment channels.
Whatever the case- it doesn't really matter. The dollar will begin to lose dominance as the World Reserve Currency as the new one arises.
As the old system begins to die, ironically the dollar soars higher on foreign exchange- as there is a $20T global short position on the USD, in the form of leveraged loans, sovereign debt, corporate bonds, and interbank repo agreements.
All this dollar debt creates dollar DEMAND, and if the US is not printing fast enough or importing enough to push dollars out to satisfy demand, banks and institutions will rush to the Forex market to dump their local currency in exchange for dollars.
This drives DXY up even higher, and then forces more firms to dump local currency to cover dollar debt as the debt becomes more expensive, in a vicious feedback loop. This is called the Dollar Milkshake Theory, posited by Brent Johnson of Santiago Capital.
The global Eurodollar Market IS leverage- and as all leverage works, it must be fed with new dollars or risk bankrupting those who owe the debt. The fundamental issue is that this time, it is not banks, hedge funds, or even insurance giants- this is entire countries like Argentina, Vietnam, and Indonesia.

The Dollar Milkshake
If the Fed does not print to satisfy the demand needed for this Eurodollar market, the Dollar Milkshake will suck almost all global liquidity and capital into the United States, which is a net importer and has largely lost it’s manufacturing base- meanwhile dozens of developing countries and manufacturing firms will go bankrupt and be liquidated, causing a collapse in global supply chains not seen since the Second World War.
This would force inflation to rip above 50% as supply of goods collapses.
Worse yet, what will the Fed do? ALL their choices now make the situation worse.

The Fed's Triple Dilemma
Many pundits will retort- “Even if we have to print the entire unfunded liability of the US, $160T, that’s 8 times current M2 Money Supply. So we’d see 700% inflation over two years and then it would be over!”
This is a grave misunderstanding of the problem; as the Fed expands money supply and finances Treasury spending, inflation rips higher, forcing the AMOUNT THE TREASURY BORROWS, AND THUS THE AMOUNT THE FED PRINTS in the next fiscal quarter to INCREASE. Thus a 100% increase in money supply can cause a 150% increase in inflation, and on again, and again, ad infinitum.
M2 Money Supply increased 41% since March 5th, 2020 and we saw an 18% realized increase in inflation (not CPI, which is manipulated) and a 58% increase in SPY (at the top). This was with the majority of printed money really going into the financial markets, and only stimulus checks and transfer payments flowing into the real economy.
Now Federal Deficits are increasing, and in the next easing cycle, the Fed will be buying the majority of Treasury bonds.
The next $10T they print, therefore, could cause additional inflation requiring another $15T of printing. This could cause another $25T in money printing; this cycle continues forever, like Weimar Germany discovered.
The $200T or so they need to print can easily multiply into the quadrillions by the time we get there.
The Inflation Dragon consumes all in his path.
Federal Net Outlays are currently around 30% of GDP. Of course, the government has tax receipts that it could use to pay for services, but as prices roar higher, the real value of government tax revenue falls. At the end of the Weimar hyperinflation, tax receipts represented less than 1% of all government spending.
This means that without Treasury spending, literally a third of all economic output would cease.
The holders of dollar debt begin dumping them en masse for assets with real world utility and value- even simple things such as food and gas.
People will be forced to ask themselves- what matters more; the amount of Apple shares they hold or their ability to buy food next month? The option will be clear- and as they sell, massive flows of money will move out of the financial economy and into the real.
This begins the final cascade of money into the marketplace which causes the prices of everything to soar higher. The demand for money grows even larger as prices spike, which causes more Treasury spending, which must be financed by new borrowing, which is printed by the Fed. The final doom loop begins, and money supply explodes exponentially.

German Hyperinflation
Monetary velocity rips higher and eventually pushes inflation into the thousands of percent. Goods begin being re-priced by the day, and then by the hour, as the value of the currency becomes meaningless.
A new money, most likely a cryptocurrency such as Bitcoin, gains widespread adoption- becoming the preferred method and eventually the default payment mechanism. The State continues attempting to force the citizens to use their currency- but by now all trust in the money has broken down. The only thing that works is force, but even the police, military and legal system by now have completely lost confidence.
The Simulacrum breaks down as the masses begin to realize that the entire financial system, and the very currency that underpins it is a lie- an illusion, propped up via complex derivatives, unsustainable debt loads, and easy money financed by the Central Banks.
Similar to Weimar Germany, confidence in the currency finally collapses as the public awakens to a long forgotten truth-
There is no supply cap on fiat currency.
Conclusion:

QE Infinity

When asked in 1982 what was the one word that could be used to define the Dollar, Fed Chairman Paul Volcker responded with one word-
“Confidence.”
All fiat money systems, unmoored from the tethers of hard money, are now adrift in a sea of illusion, of make-believe. The only fundamental props to support it are the trust and network effects of the participants.
These are powerful forces, no doubt- and have made it so no fiat currency dies without severe pain inflicted on the masses, most of which are uneducated about the true nature of economics and money.
But the Ships of State have wandered into a maelstrom from which there is no return. Currently, total worldwide debt stands at a gargantuan $300 Trillion, equivalent to 356% of global GDP.
This means that even at low interest rates, interest expense will be higher than GDP- we can never grow our way out of this trap, as many economists hope.
Fiat systems demand ever increasing debt, and ever increasing money printing, until the illusion breaks and the flood of liquidity is finally released into the real economy. Financial and Real economies merge in one final crescendo that dooms the currency to die, as all fiats must.
Day by day, hour by hour, the interest accrues.
The Debt grows larger.
And the Dollar Endgame Approaches.

~~~~~~~~~~~~~~~~
Nothing on this Post constitutes investment advice, performance data or any recommendation that any security, portfolio of securities, investment product, transaction or investment strategy is suitable for any specific person. From reading my Post I cannot assess anything about your personal circumstances, your finances, or your goals and objectives, all of which are unique to you, so any opinions or information contained on this Post are just that – an opinion or information. Please consult a financial professional if you seek advice.
*If you would like to learn more, check out my recommended reading list here. This is a dummy google account, so feel free to share with friends- none of my personal information is attached. You can also check out a Google docs version of my Endgame Series here.
~~~~~~~~~~~~~~
I cleared this message with the mods;
IF YOU WOULD LIKE to support me, you can do so my checking out the e-book version of the Dollar Endgame on my twitter profile: https://twitter.com/peruvian_bull/status/1597279560839868417
The paperback version is a work in progress. It's coming.
THERE IS NO PRESSURE TO DO SO. THIS IS NOT A MONEY GRAB- the entire series is FREE! The reddit posts start HERE: https://www.reddit.com/Superstonk/comments/o4vzau/hyperinflation_is_coming_the_dollar_endgame_part/
and there is a Google Doc version of the ENTIRE SERIES here: https://docs.google.com/document/d/1552Gu7F2cJV5Bgw93ZGgCONXeenPdjKBbhbUs6shg6s/edit?usp=sharing
Thank you ALL, and POWER TO THE PLAYERS. GME FOREVER
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

You can follow my Twitter at Peruvian Bull. This is my only account, and I will not ask for financial or personal information. All others are scammers/impersonators.

TLDR Here is the ELI5 Version (Which the Mods also removed with no explanation)

This DD has still yet to be debunked (even though the mods claim otherwise), so I needed to create a ELI5 for the people in the back.

Computershare and the DTC are in a car (the stonk) where the car has a title/registration with your name on it (the certificated share). DRS'ING put your name on that title!
DTC is in the drivers seat, claiming they own the car (the certificated version of the security), but they don’t. DTC holds the TRUE registration...but that that registration is in your name. The certificated share.
Both the DTC and Computershare have a steering wheel. DTC is in the front driving the car, Computershare in the back. ComputerShare is in the back seat, holding a replica (noncertificated version e.g PROXY) version of the registration (the stock certificate). DSPP Shares are held as noncertificated with the DTC controlling the ledger. This is and what Computershare is validating to be true! Yes, it is directly registered with your name on it...but the TRUE registration (the certificated share) is held at the DTC.
Moving your DSPP shares to book moves the DTC to the back seat (handing them the noncertificated share for dividend reinvestment) and Computershare to the driver's seat, which then hands the registration (the certificated share) over to Computershare's ledger.
How this is handled, either digitally or physically makes no difference. That debunk claim is null as it doesn't matter if it's physical or digital. Yes, maybe back in the day it was physical...in this case it's WHO controls the ledger and certificated shares.
This is why the shares are literally marked "DTC Stock Withdrawals (Drs)" when you move from Planned to Booked. Source from another user.
[ADDITION] Guess who controls and lends out borrowable shares that are held in the participant's accounts at the DTC. The DTC...and who controls the certificated DSPP shares? Also the DTC. Conflict of interest anyone (screenshot)? https://www.sec.gov/investopubs/regsho.htm

THANK YOU TO THE MOD WHO MARKED THIS DD "DEBUNKED" BUT CONTINUES TO VALIDATE THE DD AS TRUE.
There is literally a post from the SEC Order Granting Approval of a Proposed Rule Change Concerning Requests for Withdrawal of Certificates by Issuers
And another post states that DTC will maintain detailed ledger control over the certificates. (Screenshot)
--------------------------------------

Here is the DD in more detail

Well Apes...Here it is. The DD to silence the shills, the nay sayers, and the one's who claim there is no difference between "DSPP" and "Book-Entry" with Computershare.

So what qualifies you as a registered shareholder?

You are a registered shareholder if your name appears on your share certificates, or if you hold your common shares in book-entry form on the records of Thomson Reuters Corporation’s transfer agent, Computershare Trust Company of Canada (“Computershare”).
You are a non-registered shareholder if your name does not appear on your share certificates or if you hold your common shares in book-entry form through an intermediary. For example, you are a non-registered shareholder if your common shares are held in the name of a bank, trust company, securities broker, trustee or custodian.

Ape-bonics language Lesson: Do you want to be a registered shareholder? Well if you do, you need share certificates with your name on them.

How do you determine the type of shares that I own?

You own book-entry shares if the shares are held in an electronic account at Computershare. A paper certificate was not issued for these shares.

Direct Registration System (DRS) shares are book-entry shares that are not part of a company’s investment plan.
Investment plan shares are book-entry shares that are part of a company’s dividend reinvestment plan (DRP) or direct stock purchase plan (DSPP).

You own certificated shares if a paper stock certificate was issued to you. (Source from ComputerShare.com)

Straight from the Horses Mouth:

Okay well, let's continue with a direct source from the federalregister.gov

In the case of DRS shares, where no certificate exists, an investor has the option of having his or her ownership of securities registered in book-entry form on the issuer's records or on the books of the issuer's transfer agent, and in either case the investor receives a “statement of ownership.” [347] In either event, it is an important verification step in the issuance of a security and highlights the important role that transfer agents play as intermediaries for the public interest.
Source: federalregister.gov

Ape-bonics language Lesson: Where no certificate exists, an investor has the option of having his or her ownership of thy stock in BOOK-ENTRY FORM.

Let's ask Computer Share about DSPP Plan Holdings Certificates

Plan holdings are shares held directly in the investment plan. Plan holdings do not include shares held in certificate form or in Direct Registration (which is another similar type of book entry share).
Source from Computer Share

HARD STOP

SKRRRRRT Stop... Hold on a minute. Did Computershare's own Ask Penny just confirm that DSPP Plan Holdings DO NOT INCLUDE SHARES HELD IN CERTIFICATE FORM? Yes, that means DSPP Plan holdings do not include shares held in certificate form...

Let's Continue and Ask Penny the difference between Plan vs. Book holdings.

Book entry and plan holdings are very similar. Book entry shares are considered Direct Registration shares and are not considered part of the investment plan (although dividends on these shares can be reinvested). Direct Registration shares are similar to certificate shares except held in a book entry form. Plan holdings are shares held directly in the investment plan.
Source and Screenshot

Interesting...

So what have we confirmed thus far....

Direct Registration are similar to certificate shares...except held in Book-Entry.
DSPP Plan Holdings DOES NOT INCLUDE SHARES HELD IN CERTIFICATE FORM
Where no certificate exists, an investor has the option of having his or her ownership of thy stock in BOOK-ENTRY FORM.

Validating Computershares' Statement

Taken straight from ALLIANCEBERNSTEIN INCOME FUND, INC. outlining a dividend reinvestment plan with Computershare:

Shareholders whose shares are registered in their own names may elect to be participants in the Dividend Reinvestment and Cash Purchase Plan (the “Plan”), pursuant to which dividends and capital gain distributions to shareholders will be paid in or reinvested in additional shares of the Fund (the “Dividend Shares”). Computershare Trust Company, N.A. (the “Agent”) will act as agent for participants under the Plan. The Plan also allows you to make optional cash investments in Fund shares through the Agent. Shareholders whose shares are held in the name of a broker or nominee should contact such broker or nominee to determine whether or how they may participate in the Plan.
The Plan Agent will maintain all shareholders’ accounts in the Plan and furnish written confirmation of all transactions in the account, including information needed by shareholders for tax records. Shares in the account of each Plan participant will be held by the Plan Agent in non-certificate form in the name of the participant, and each shareholder’s proxy will include those shares purchased or received pursuant to the Plan.
SOURCE: ALLIANCEBERNSTEIN INCOME FUND

Wait a minute...

There's that term again..."Non-certificate form". So that just validated that DSPP plans hold "Non-certificate form" shares. Shares are held in proxy form by the "Plan Agent", and in non-certificate form in the name of the participant (you and me ape brother).

For my grande finale

LETTER OF TRANSMITTAL FOR REGISTERED HOLDERS

This Letter of Transmittal is to be used only if certificates for common shares (referred to as “shares”) of Thomson Reuters Corporation (“Thomson Reuters” or the “Company”) are to be forwarded with it, in order to receive the post-consolidation shares under the Plan of Arrangement, as further described below. This Letter of Transmittal should be completed by holders of share certificates whether you participate in the Return of Capital Transaction (as defined below) or exercise your right to opt out of it (if eligible to do so), as further described in this Letter of Transmittal.
If you hold shares (uncertificated) through DRS, you are not required to submit a Letter of Transmittal. The transfer agent, Computershare Trust Company of Canada, will update your DRS position to reflect the number of post-consolidation shares that you are entitled to receive under the Return of Capital Transaction.
SOURCE: Thomson Reuters LETTER OF TRANSMITTAL

Well wait a minute... what's a Letter of Transmittal.

The document signed by the security holder in which it agrees to tender its securities pursuant to the terms of the offer. It contains information about the certificates and quantity being tendered, as well as where and to whom the payment should be made.
Source: DTCC

Okay that was a lot....So let's recap apes!

Ownership of a corporation’s stock has been represented by paper share certificates, referred to as “certificated” shares. (Source)
Uncertificated shares are represented by book entries in an electronic stock ledger rather than on a paper spreadsheet, and are not subject to the same problems arising with certificated shares.
If you hold shares (uncertificated) through DRS, you are not required to submit a Letter of Transmittal.
A letter of Transmittal is to be used only if certificates for common shares are to be forwarded with it.
DSPP Plan Holdings DO NOT INCLUDE SHARES HELD IN CERTIFICATE FORM.
Direct Registration shares are similar to certificate shares except held in a book entry form. Plan holdings are shares held directly in the investment plan.
Book Entry Form = Certificate Form
DSPP Plan Holdings = Uncertificated

Do you want your certificated shares REMOVED FROM THE DTCC?

Book Entry Form = Removal of certificates from DTCC
This is why users are reporting that "book shares statements says "Dtc Stock Withdrawals (Drs)" and plan statements do not. Source

I am Sofa King Book King My DRS!

STEP-BY-STEP GUIDE to move from plan to book (without phone call)
Credit to u/thewwwyzzardd for being a year early

Edit* Adding credit to u/polyestermonkey for connecting the last dot, removing the Return of Capital Transaction section which I meant to remove before posting because it wasn't relevant, and adding directions to move your CS shares from "Plan" to "Book".

----------------

Update* Counter-DD important response to the mod team who removed their pinned debunked comment.

Over the last 12 hours, the mod team came in, marked this post debunked with extremely weak counter-DD, deleted the debunked thread with extremely important information, and re-pinned a new comment.
Mods also deleted the portion from their pinned counter-DD discussing the PHYSICAL removal of certificates from the DTCC. Why? Why did you remove that information from your counter-DD? Here is the portion that they removed
I would like to ask why the mod team deleted the pinned "debunked" thread, then re-pinned a new thread. Your debunked pinned comment was extremely weak, and it showed.

For those that missed it, the mod team claimed

"There are no physical certificates transferred", and even one mod claiming "there are no physical certificates at all". The mod even went on to state "there is no difference in physical vs digital"....which makes me question how they're a mod if you don't understand rehypothecation or that the DTCC holds PHYSICAL CERTIFICATES.
The DRS system was never meant to "transfer physical shares" and that "Gamestop stopped the delivery of physical shares to investors". And physical share removal is inefficient.
The only think you all validated is that physical certificates are no longer being transferred to shareholders, Gamestop did stop the physical delivery of shares to investors. But that doesn't even address the DD. The DD isn't about the investor receiving a physical certificated share, it's about removal of that certificated share out of the DTCC.

That is blatantly misleading and completely false

You all have still provided 0 counter DD. The DTCC holds physical certificates of your stock in their vaults. It's literally the certificate you would get and frame on the wall.

The DTCC has a physical withdrawal service of certificates
I don't want the certificated share sent to me....I want it out of the DTCC and physically transferred to Computershare's vault. Not a proxy...physically removed.

Does the mod team understand how bad this looks?

Please unlock the pinned comment for discussion, and remove the "debunked" flair.
Or Please re-add the previous debunked comment thread with the Swiss Cheese of counter DD you provided.
Please explain why you all removed the portion of your DD talking about the removal of the physical PAPER CERTIFICATES from the DTCC. This was done after I made note that DD was misinformation and physical paper certificates can be removed from the DTCC SCREENSHOT
Please Debunk the statement below in response to your pinned post. If you can't debunk this, please remove the debunk flair.

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2nd Update, Mods deleted validating evidence from their DD, and I request for Mods to Remove Debunked Flair

MODS Literally validated my post in their DD, then removed it from their DD:
Here is the portion that they removed from their pinned post.

PAPER CERTIFICATES
"Plan Holdings... Are not eligible for requesting a paper certificate (without first converting to "Book"). Transfer agents not issuing a paper certificate for fractional shares does not diminish the validity of held shares in DSPP. As stated within the email, issuing paper certificates is a "program that GameStop has indefinitely Suspended without providing a reason". You will not get a paper certificate from GameStop in Plan or Book.

And again Mods, I ask you to please debunk the following response to your pinned DD and address the repeated spread of misinformation (and deletion of information) by the mods who reviewed this post. Otherwise, If you can't debunk the statement below, please remove the debunk flair and re-add the DD flair.

RESPONSE TO THE PINNED COMMENT

If you'd like to talk more about Book & Plan (both being ‘book entry’ means of holding shares within Computershare) - please bring any new discussion over to the mega thread in which includes a number of verified and relevant resources as related the topic: https://www.reddit.com/Superstonk/comments/zjzcty/book_v_plan_megathread/

Yes, both Plan and Book are BOOK-ENTRIES, but they are treated very differently. WHICH you all claim that this is debunked, but you have failed to prove that the below statement is "DEBUNKED".

DSPP Planned = DIRECTLY REGISTERS you to a share BUT DOES NOT REMOVE the certificated share from the DTCC. Instead, there is a book entry in Computershare of an uncertificated version of the certificated share that is still held by the DTCC. This DOES NOT remove the certificated share from the DTCC. DSPP holds uncertificated shares and Computershare acts as the proxy for those shares.
Booked = DIRECTLY REGISTERS you a share and REMOVES the certificated share from the DTCC, which is why the shares are literally marked "DTC Stock Withdrawals (Drs)" when you move from Planned to Booked. Source

ME, the mf'KING Shareholder, is not asking for my "physical certificates"...I'm asking for the certificate to be removed from the DTC.

SUBMISSION	DOMAIN
Trump Announces 2024 Presidential Bid Days After Costing GOP the Midterms	vice.com
Donald Trump launches his 2024 presidential campaign in a bid to seize early momentum	cnbc.com
Trump, who tried to overturn a legitimate election, files to run for president again	npr.org
Donald Trump files paperwork to run in 2024	nbcnews.com
Donald Trump launches his 2024 presidential campaign in a bid to seize early momentum	cnbc.com
Donald Trump announces 2024 presidential run	nypost.com
Donald Trump has filed the federal paperwork declaring his 2024 candidacy for president.	docquery.fec.gov
Donald Trump Announces 2024 Presidential Campaign	huffpost.com
Trump files for another run at the presidency	politico.com
Trump launches 2024 presidential campaign: ‘America’s comeback starts now’	independent.co.uk
Trump files paperwork to run for president just before Mar-a-Lago speech	miamiherald.com
Pence on a Trump 2024 Run: ‘I Think We’ll Have Better Choices’	nytimes.com
First look: Biden trolls Trump ahead of announcement	axios.com
The bad omen before Trump’s ‘special announcement’	politico.com
Americans must reject Trump in 2024	thehill.com
Fmr. President Trump Makes a Campaign Announcement at Mar-a-Lago - Former President Donald Trump (R) makes a political announcement at his Mar-a-Lago estate in Palm Beach, Florida.	c-span.org
Trump to announce he will run for president in 2024	nbcnews.com
The Real Reason Trump Runs	thebulwark.com
Five hurdles Trump faces as he announces 2024 bid	thehill.com
Trump 2024 announcement: What his war with Ron DeSantis says about the GOP	vox.com
Matt Gaetz blames bad weather as he drops out of Trump’s expected 2024 event – despite 80% of flights still on	independent.co.uk
Donald Trump Is Reportedly Still Begging Jared and Ivanka to Join Him for His 2024 Announcement Tonight: Thus far, he’s been brutally rebuffed.	vanityfair.com
Donald Trump's chances of beating Ron DeSantis in 2024 as GOP turns on him	newsweek.com
Newly Vulnerable Trump Approaches ‘Big Announcement’ on Shaky Ground	usnews.com
Donald Trump announces 2024 presidential run to make US ‘great and glorious again’	nypost.com
Trump prepares to launch 3rd campaign for the White House	apnews.com
Donald Trump announces he will run to become US president again in 2024	news.sky.com
Trump, who as president fomented an insurrection, says he is running again	washingtonpost.com
Donald Trump announces 2024 re-election run for president	foxnews.com
Make America Miserable Again: Trump Announces 2024 Presidential Run	rollingstone.com
Trump launches 2024 U.S. presidential run, getting jump on rivals	reuters.com
Trump's 2024 bid hit with immediate challenge from group behind 'disqualification clause' lawsuits	abcnews.go.com
Trump is running for president again – but these legal battles might stand in the way - Donald Trump	theguardian.com
Donald Trump, Who Was Impeached Twice, Is Running for President Again	vanityfair.com
Donald Trump 2024: Six ways running will be harder for him this time	bbc.com
Trump announces 3rd bid for White House	abcnews.go.com
Donald trump announces 2024 presidential run.	bloomberg.com
Donald Trump announces run for president in 2024	theguardian.com
Why Trump Is Favored To Win The 2024 Republican Presidential Primary	fivethirtyeight.com
Trump announces his candidacy	thehill.com
Opinion: I worked for Trump, and I won't be supporting his 2024 reelection bid	cnn.com
Former Republican President Donald Trump says he’s launching another White House bid	cnn.com
Kushner and Ivanka rejected Trump request to join 2024 launch: NYPost	businessinsider.com
Trump's 2024 presidential bid is a wrinkle du jour for markets	reuters.com
Trump’s 2024 Announcement Was So Boring Even Fox News Cut Away	rollingstone.com
Broadcast networks take a pass on Trump campaign announcement	washingtonpost.com
Donald Trump announces he's running for president in 2024	businessinsider.com
Fact-checking Trump’s 2024 announcement speech	cnn.com
Ivanka skips Trump's 2024 announcement: 'I do not plan to be involved in politics'	nbcnews.com
Opinion - At Trump’s angry announcement, the magic is gone	washingtonpost.com
Analysis: Trump is still Trump and that could be a problem for him in 2024	reuters.com
Trump’s Running and Republicans Have Only Themselves to Blame - There is no coward’s way out of the dilemma facing the GOP	theatlantic.com
What in the what the is going on with party?? MAGA freaks lose, Pence does the interview, now Trump is rerunning?? 😵‍💫😵‍💫😵‍💫	abcnews.go.com
Donald Trump says he'll run for president again in 2024	bbc.com
Apparently Unable To Read the Room, Donald Trump Announces 2024 Bid for President - The twice-impeached, twice-popular-vote-losing former president made his announcement shortly after a disappointing midterm election for Republicans.	newrepublic.com
Donald Trump launches 2024 presidential run - Donald Trump News	aljazeera.com
Trump offers a dark vision voters have already rejected as he launches his 2024 campaign - CNN Politics	cnn.com
Donald Trump announces 2024 re-election run for president	edition.cnn.com
Trump Returns, Too Weak Not to Run Again	thebulwark.com
Facebook won't be fact-checking Donald Trump now he's announced he's running for president in 2024	businessinsider.com
Trump's announcement proves it, again: Republicans aren't tough — they're a bunch of weenies- Republicans know Trump is bad for the party, the country and the world — but they'll still grovel before Daddy	salon.com
"It's America or Trump": Lincoln Project launches fight against 2024 bid	newsweek.com
Half a world apart, Biden counters Russia by touting the alliances that Trump mocks	nbcnews.com
Video shows Trump security blocking crowd trying to leave 2024 announcement early: ‘Sad and pathetic’	independent.co.uk
Amid Crises, Biden Offers the World a Choice: My Way, or Trump’s	nytimes.com
QAnon Is Not Very Happy With Trump’s 2024 Announcement	vice.com
Mick Mulvaney: Donald Trump is the only Republican who can lose in 2024	theguardian.com
Biden Sent An Attack Ad Before Trump Even Finished His 2024 Presidential Run Speech	huffpost.com
Trump’s 2024 odds in free fall; Biden and DeSantis would beat him	washingtonexaminer.com
Ivanka Trump says she won’t be part of her father’s campaign	washingtonpost.com
Facebook fact-checkers will stop checking Trump after presidential bid announcement	cnn.com
Trump Is Running in 2024. The White House Has a Plan.	nytimes.com
Michael Flynn Ordered To Testify In Georgia Election Probe: Former President Donald Trump is under investigation for trying to influence the 2020 presidential election results in the state.	huffpost.com
'Florida Man Makes Announcement': NY Post Relegates Trump’s 2024 Declaration to Page 26	nationalreview.com
Trump's one-time White House chief of staff says former president is the 'only Republican who can lose' in 2024	businessinsider.com
Trump 2024 bid won’t deter DOJ amid criminal probes	thehill.com
It’s Day 1 of the Trump Campaign—and His Donors Are Already Exhausted	thedailybeast.com
Blackstone's Schwarzman says he won't back Trump in 2024	reuters.com
Trump's 2024 presidential run, Dave Chappelle’s fall from grace, and Casey Anthony’s side of the story.	buzzfeednews.com
Trump Is Losing Major Donors Less Than a Day After Announcing 2024 Bid	rollingstone.com
Fact check: 20 false and misleading claims Trump made in his announcement speech	edition.cnn.com
How media outlets covered Trump's misinformation-laced 2024 announcement	cnn.com
Donald Trump Makes People Gag With Potential New Slogan For 2024	huffpost.com
New York Post taunts Trump’s presidential bid with ‘Florida man makes announcement’ teaser at the very bottom of the front page	marketwatch.com
Trump’s Presidential Run Faces Legal Challenges Over His Role in Jan. 6 ‘Insurrection’	bloomberg.com
National Review on Trump in 2024: ‘No’	thehill.com
Don Jr. and Ivanka Were Noticeably Absent During Trump's Big Announcement	truthout.org
Pence says 'I think we'll have better choices' than Trump in 2024	nbcnews.com
Even Fox News Cut Away From Donald Trump’s 2024 Announcement Speech — Not once, but multiple times	newrepublic.com
Facebook fact-checkers will stop checking Trump after presidential bid announcement	cnn.com
GOP megadonors ditch Donald Trump's 2024 White House run	nypost.com
'Painful': Conservatives, Ex-Aides Trash Trump's 'Low Energy' 2024 Announcement	huffpost.com
Pence says ‘I think we’ll have better choices’ than Trump in 2024	cnbc.com
Leading Republicans try to ignore Trump campaign launch	apnews.com
Explainer: What legal problems does U.S. presidential candidate Trump face?	reuters.com
There’s No Happy Ending for the GOP and Donald Trump: The former president is a human political suicide pact from which the Republican Party cannot presently escape.	newrepublic.com
Trump Is Losing Major Donors Less Than a Day After Announcing 2024 Bid	rollingstone.com
Donald Trump Knows How to Win the Republican Presidential Nomination	thenation.com
RI Congressman Cicilline leads effort to bar Trump from running again under 14th Amendment	providencejournal.com
Brutal. Every. Single. Word - How the New York Post trolled Donald Trump's US Presidential bid on the front page	9news.com.au
Trump faithfuls Roger Stone and Mike Lindell were at his 2024 announcement, but very few members of Congress made an appearance	businessinsider.com
Trump news: Ivanka and Jared Kushner split over attending ‘low energy’ 2024 campaign launch - latest	independent.co.uk
Trump’s Candidacy Is in Motion, but His Campaign Is a Work in Progress	nytimes.com
Editorial: Trump doesn’t want your vote in 2024. Just your obedience while he trashes the U.S. again	latimes.com
Donald Trump, Grover Cleveland and a Quirk of Presidential History	nytimes.com
Trump’s Longtime CFO Implicated Him in Yearslong Tax Fraud Scheme Hours Before 2024 Announcement	vanityfair.com
Sad! Why Donald Trump's 2024 Debut Fell Flat	vanityfair.com
Trump's early 2024 launch fails to rally GOP around him	washingtonpost.com

Opções Binárias Livres

Georgia U.S. Senate Election Results Polls close at 10 p.m. Eastern in five states Nevada is the last big swing state of the day, and virtually everything is up for grabs: The races for Senate, three House seats, governor and secretary of state. There is also an unexpectedly competitive Se...

Georgia U.S. Senate Election Results Polls close at 10 p.m. Eastern in five states Nevada is the last big swing state of the day, and virtually everything is up for grabs: The races for Senate, three House seats, governor and secretary of state. There is also an unexpectedly competitive Se...

Virtual Trivia Night from State Archives of North Carolina: Come see an outreach program and have fun!

Hyperinflation is Coming- The Dollar Endgame: PART 5.1- "Enter the Dragon" (SECOND HALF OF FINALE)

(Hey everyone, this is the SECOND half of the Finale, you can find the first half here)

The Dollar Endgame

You can follow my Twitter at Peruvian Bull. This is my only account, and I will not ask for financial or personal information. All others are scammers/impersonators.

FREE Webinar: Georgia Virtual Vault, Nov. 12, 8 PM EST

Virtually every year, Georgia lawmakers take up legislation providing monetary compensation to people who have been exonerated of a crime after being wrongfully convicted and spending years in state prison. Three such resolutions are currently before the House Appropriations Committee

From the Indiana State Archives Vault: Vigo County Register of Negroes and Mulattoes[10 months ago] [Views: 160]

From the Indiana State Archives Vault: Vigo County Register of Negroes and Mulattoes

American September is a documentary archive that collects "Where were you on 9/11?" memories from all 50 states. Here is a memory from Georgia. [full archive page in comments]

[email protected], his puppet Lt. Governor @GeoffDuncanGA, and Secretary of State, are disasters for Georgia. Won’t let professionals get anywhere near Fulton County for signature verifications, or anything else. They are virtually controlled by @staceyabrams & the Democrats. Fools!

From the State Archives Vault: The Vigo County Registry of Negroes and Mulattoes.

State to implode old Georgia archives building near Capitol March 5

Campus Reform: Facebook forks over $75K to Georgia State for anti-racist virtual reality simulation

Book vs. Planned...I did the digging, so you didn't have to. I am Sofa King Book King my Computershares!

TLDR Here is the ELI5 Version (Which the Mods also removed with no explanation)

Here is the DD in more detail

So what qualifies you as a registered shareholder?

How do you determine the type of shares that I own?

Straight from the Horses Mouth:

Let's ask Computer Share about DSPP Plan Holdings Certificates

HARD STOP

Let's Continue and Ask Penny the difference between Plan vs. Book holdings.

Interesting...

Validating Computershares' Statement

Wait a minute...

For my grande finale

LETTER OF TRANSMITTAL FOR REGISTERED HOLDERS

Okay that was a lot....So let's recap apes!

Do you want your certificated shares REMOVED FROM THE DTCC?

I am Sofa King Book King My DRS!

----------------

Update* Counter-DD important response to the mod team who removed their pinned debunked comment.

That is blatantly misleading and completely false

Does the mod team understand how bad this looks?

2nd Update, Mods deleted validating evidence from their DD, and I request for Mods to Remove Debunked Flair

ME, the mf'KING Shareholder, is not asking for my "physical certificates"...I'm asking for the certificate to be removed from the DTC.

[Politics] - Obama joining Georgia Dems in virtual rally Friday before Trump heads to state Saturday in critical runoffs | FOX

Megathread: Former President Trump Announces 2024 Campaign for President

Submissions that may interest you

Two college students out on the hood of a car drinking beers, 1973. Valdosta State University Archives, Georgia

Body of Martin Luther King lying in state in Atlanta, Georgia - AP Archive - 1968

Virtual Law Review Symposium focuses on Human Trafficking Prevention - Georgia State University News

[Politics] - Obama joining Georgia Dems in virtual rally Friday before Trump heads to state Saturday in critical runoffs

Prestige Thies - YouTube