Posted on 07/12/2023 2:31:31 PM PDT by Oldeconomybuyer
CLAIM: A video shows a “World Economic Forum agent” calling for a cashless society and saying those determined “less desirable” will be locked out.
AP’S ASSESSMENT: False. The video shows Eswar Prasad, an economics professor from Cornell University, speaking at a June WEF event, but Prasad does not work for or represent the organization. The video misrepresents remarks Prasad made at the event about the benefits and the dangers of central bank digital currencies.
During the WEF session, Prasad was asked about the risks that come with a CBDC, and the pros and cons for governments thinking about a CBDC.
“If you think about the benefits of digital money, there are huge potential gains. It’s not just about digital forms of physical currency, you can have programmability units of central bank currency with expiry dates,” he says in the longer clip.
“You could have, as I argue in my book, potentially better and some people might see a darker world, where the government decides that unit, so central bank money can be used to purchase some things but not other things that are deemed less desirable, like, say, a munition or drugs or pornography or something of the sort. And that is very powerful in terms of the use of a CBDC and I think also extremely dangerous for central banks,” he continues.
(Excerpt) Read more at apnews.com ...
Very carefully worded.
I’ve learned to take any so called Fact Check from any news source....
And believe just the opposite of what they say.
““You could have ... a darker world, where the government decides that unit, so central bank money can be used to purchase some things but not other things that are deemed less desirable, like, say, a munition or drugs or pornography or something of the sort. And that is very powerful in terms of the use of a CBDC and I think also extremely dangerous for central banks,” he continues.
One has to carefully sift through the hyperbole and propaganda these days but the statement above is frightening. The only thing between that dark world and us is a bunch of RINOs.
A world government that won't allow you to use your hard-earned money for the private purchase of guns and will screen your medicine purchase. And let's throw porn in there to make the plan sound reasonable. Great!
The funny thing is, for all his advanced degrees he doesn’t have the common sense that any hood rat would have to see the fatal flaw in his scheme.
I can’t buy cocaine with this digital currency? Okay, but I can buy laundry detergent? Fine, then I will trade my drug dealer X number of bottles of laundry detergent for 1 gram of cocaine. The scheme has now been foiled.
Andrew Tate talked about this with his Tucker Carlson interview. No wonder they want to cancel him.
Well yeah. The benevolent wef would never propose anything that would harm us. Hey klaus, 🖕
“Jeremy Hunt is the most senior [UK] politician to have been denied a bank account under the over-zealous application of money laundering rules.
“The Chancellor was turned down for an account by online bank Monzo before he entered the Treasury.”
https://www.express.co.uk/news/politics/1789132/Jeremy-Hunt-bank-account-nigel-farage
Never believe anything until the ‘Fact Checkers’ deny it.
“Rishi Sunak issues warning to banks over claims they are blacklisting customers with controversial views - as Chancellor Jeremy Hunt instructs ministers to investigate”
“Yorkshire Building Society was accused of closing the account of a client after he asked why its branches were festooned with Pride flags.”
So you just get a list of stuff from your drug dealer to buy for him instead of only one thing.
Any scheme humans have ever come up with to control other humans has been flawed, and other humans always discover that flaw and exploit it. It’s one of the few saving graces of humans being so flawed and imperfect.
So central bank money can be used to purchase some things but not other things that are deemed less desirable
*************************************
Guns/ammo/gas/selected foods.................................
After Jo Biden took office I do not underestimate evil people.
“I’ve learned to take any so called Fact Check from any news source....
And believe just the opposite of what they say.”
Excellent rule of thumb...
Tate is a showboating, grotesque, narcissistic piece of human excrement. And I say that with no offense intended to the run-of-the-mill examples of human excrement.
Governments will happily sell you highly taxed cigarettes.
Cigarettes are rolled up money.
“Hitler disliked smoking because he believed it could cause lung cancer…. people laughed at this silly idea.
“That being said, it had nothing to do with health, it had to do with preventing hard currencies from being spent abroad on tobacco.
“Tobacco producing countries wanted to be paid in US Dollars or Pound Sterling. These hard currencies were needed to buy strategic minerals and chemicals that were essential to the German industry.”
“Ulysses S. Grant - Use to be a light smoker until the Civil War. It would help him with the stress and people would send him many at a time as gifts, so he shared. But he was said to smoke 20 cigars a day which led to him having throat cancer and dying at the age of 63”
“John F. Kennedy - Ex-smoker that made the switch to pipes and cigars. Jackie on the other hand puffed tough on the butt smoking 3 packs of Salems daily.”
https://www.quora.com/What-cigarette-brand-did-the-Nazis-smoke-during-WW2
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