“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford 1922
The FedNow Service is launching in July and will be the backbone for a CBDC which will soon follow.
CBDC is the single biggest threat to freedom in America.
(Martin Armstrong) SWIFT will no longer process currency transactions from bank accounts to crypto exchange, with a value of fewer than 100,000 USD, effective February 1st, 2023. The move is designed to reduce the access of crypto investors which is a step toward what I have been warning that governments will NOT allow private cryptos to compete. Continue reading
The de facto head of His Majesty’s Treasury announced this week that the Bank of England has begun consultations on implementing a Central Bank Digital Currency (CBDC) that could usher in the globalist vision of a cashless society in which all transactions are traceable by the government.
(Josh Stylman) It’s seemed evident for a while that the current fiat monetary system is, at best, unstable. At worst, it’s a Ponzi scheme whose time has expired. If that’s the case, I suspect the central bankers and 0.1% know this and might be prepared to usher in the new system before the old one collapses on itself – even as they loot it on the way down with the most significant wealth transfer in human history.
(Shane Trejo) The Conservative Party in United Kingdom is in free fall, having recently lost two Prime Ministers Boris Johnson and Liz Truss who were both forced to resign in disgrace.
(Jordan Schachtel) The Federal Reserve has taken a major step in the direction of facilitating an ESG compliant monetary network that effectively acts as a parallel system to that of the Chinese Communist Party’s infamous social credit scoring system.
(Gregory Mannarino) Why is the world awash in never ending and inflating debt? Moreover, why does global debt keep expanding relentlessly every day, every month, and every year, in what seems like some kind of twisted mass insanity?
What is THE REAL TRUTH behind all this?
BlackRock CEO Larry Fink’s annual letter to shareholders has become heavily scrutinized as ones from Berkshire Hathaway chief Warren Buffett and JP Morgan chief Jamie Dimon. Fink is the boss of a $10 trillion asset manager, the world’s largest and oversees more money than the Fed, told shareholders Russia’s invasion of Ukraine would fundamentally reshape the world economy and drive up inflation as supply chains are reconfigured.
The General Manager for the Bank of International Settlements – the central bank of central bankers – is planning for “absolute control” of the money we all spend.
This means your new next door neighbor and their extended family from, pick any third world country, might have gotten in with a zero down, zero interest, 100 year mortgage from the Fed to provide much needed diversification to your neighborhood and community.
French President Emmanuel Macron, whose poll numbers are abysmal and needs a sincere shot in the arm, just gave away the plot with his outside voice.
(Tom Luongo) I’ve noticed this trend within The Davos Crowd in recent months, speaking with their outside voice what they only ever talk about internally.
By now it’s common knowledge that China is leaps and bounds ahead of all other central banks in launching a CBDC, or Central Bank Digital Currency (which Beijing vows is not a challenge to the reserve status of the US Dollar, but is precisely that), however the US is doing everything it can to keep up.
Easy Money 