~John Podesta
IMF openly instructs world central banks to prepare for financial reset, aligning with The Phoenix global currency announced by The Economist back in 1988, thirty years ago.
Uncanny timing as our national debt has gone from 1 Trillion to 21+ Trillion in three decades...
All you money belong to us!
The case is based on new and evolving requirements for money, as well as essential public policy objectives....
Public policy objectives...there the ENTIRE reason.
Controlling the public
Ah yes, this should work very well with implantable microchips that seem to be the rage in Europe these days. Peace and Safety.....
Not just no.
Hell no.
“Uncanny timing as our national debt has gone from 1 Trillion to 21+ Trillion in three decades...”
No coincidence that.
The really nice thing about the globalist digital currency is that if you don’t obey them and cause them any trouble they can just zero out all your accounts.
Not as messy as death camps, but the result is happily the same.
All and all, it’s just another brick in the wall...
[central banks to prepare for financial reset]
It’s now fait accompli. IMHO
Also because electrons are cheaper than that special ink and special paper that they use to print their fiat now.
Just say no
I can think of six hundred and sixty six reasons not to. And if that’s not enough, would you trust Gargle’s SJW “Trust & Safety Council” with *your* bank account?
“All your money, are belong to us.”
From Austrian Economics Investing
How coincidental was the Economist’s 1988 cover of a new global currency in 2018 with the advent of China’s ending the Petrodollar system?
President Franklin Roosevelt is often misquoted for saying, “In politics, nothing happens by accident. If it happens you can bet it was planned that way.” However at the highest levels of global power, very often things are indeed planned out years in advance, and with the intention of creating a Hegelian Dialectic to achieve the changes desired by the Establishment.
So when the Economist Magazine published its forecast back in 1988 of a new global currency to be instituted by the year 2018, was this simply a pipe dream put forth by the globalists with the CFR, or was it a signal to the world that the Petrodollar system established just 15 years before would likely run out of gas 30 years later? And perhaps more importantly, did the architects of this prediction foresee that the future would be coming out of China and Eurasia, and that new monetary system as well?
Monetary scholar Edwin Vieira … pointed out that every 30 to 40 years the reigning monetary system fails and has to be retooled. The last time around for the U.S. was in 1971, when Nixon cancelled the convertibility of dollars into gold. Remarkably, the world bought into the unbacked dollar as its reserve currency, but only because that was the path of least resistance. But here we are 40 years later, and it is clear to anyone paying attention that the monetary system is irretrievably broken and will fail. – Washington’s Blog
Either way 2018 is already portending to be a year of immense change, just as it was exactly 100 years ago with the ending of World War I, and the scuttling of three global empires (Austo-Hungarian, Prussian, Ottoman). And where at that time the former Russian empire was lost to a Communist coup that would last for about 70 years, this time the return of the Eurasian power comes with their being a partner with the one economy that stands on the cusp of changing the global monetary order.
Yet what was not foreseen in all of this was the advent of cryptocurrencies, and the power of blockchain technology to change everything within the monetary system. And what is likely to come out of China’s planned yuan denominated oil contract is a system that integrates cryptocurrencies, gold, and trade under a system that no longer requires a singular reserve currency.
Except perhaps a reserve standard known as gold.
Since 2008 when the global financial system suffered a mortal blow, Western central banks have done everything both rational and irrational to try to save the dying system. And ironically it was through these actions that allowed China and Russia to rise up and seize control over numerous markets and platforms over the past decade, leaving both the dollar, and the reserve currency system, to stand on the brink of a new currency ready to take its place.
The New World Order that GHW Bush pledged US to is almost here.
Well, I’m cashless...........so I guess I ahead of the game!...............
Ah, yes, let us all bow down before the globalists who promise us peace and security.
Let me say that I think this is coming, whether we like it or not. Technology is rapidly moving in this direction all by itself. Therefore, I believe the IMF and other globalists see this and are trying to harness it to their controlling advantage. If Lagarde really cared about innovation, as she proclaims, she would get out of the way and get her meathooks off "digital money".
Now, on to something even more important. Yes, we know this is coming. This will become the law and at some point no one will be able to buy or sell without access to state-controlled digital money. Even guys like me who stash paper money in a mattress will find that paper money will be counted worthless as, Lagarde notes, "no cash accepted" signs already appear in Europe.
The problem is now quite easy to see. Just as PayPal has denied access to business they don't agree with (NRA) so too will government controlled digital money. Just like Facebook, Google, YouTube, Twitter, et.al., now somehow "legally" prohibit "hate groups" from accessing their platforms, so too will those who control digital money. They will completely shut down people and groups and totally exclude them from commerce stream by denying them access to digital money. We see this already starting with AmEx and others. Coincidentally, business are forced to bake a cake, but it somehow is legal to completely exclude Alex Jones from access to public companies, essentially denying him commerce.
So this is all coming. Things are fast coming into focus. Lagarde and her globalists will one day push the reset, wipe out debts, and we will wake up in with digital commerce that will completely enslave you to tow the line or be forced outside of the digital world.
Be prepared.
It used to be that currency was issued by a country's treasury, and was only circulated into the economy based on the completed labor of the citizens.
It's all about power to control the future labor of others.
Disallowing all future paper currency will remove the possibility for a nation to revert back to a "completed labor" economy. We would be stuck having a future labor controlled by others.
From what I understand, the biggest appeal of digital currency is that it effectively cuts BANKS out of the transaction process. For example, if Visa currently imposes a 1.5% transaction fee and a 0.15% interchange fee on all credit card transactions, then these fees can get steep for large transactions. Bitcoin transactions are made for a tiny fraction of a penny because they’ve cut these third parties out of the process.
Run away as fast as you can from anything with “global” in it.