CBDCs Not Needed – Existing Cryptocurrencies Already Programmable to Create a Worldwide Ledger for Total Surveillance and Control

A year ago (March, 2023), I reported how the GOP was coming out in public to condemn Central Bank Digital Currencies (CBDC), a sure sign that this was a psyop to get the public upset and fearful over something while the financial system was planning on implementing the principles behind CBDCs without having to use CBDCs. Donald Trump and Robert F. Kennedy Jr., two of the candidates running for the office of the President of the United States this year, have also made similar promises to stop the implementation of CBDCs. Apparently they have been effective in scaring the public about the dangers of CBDCs, as earlier this month (March, 2024) Federal Reserve Chairman Jerome Powell came out in public and stated: “People don’t need to worry about a central bank digital currency, nothing like that is remotely close to happening anytime soon." While the U.S. public continues to be frightened about the possibilities of CBDCs, something else has been happening here in 2024, and that is the rapid advance in converting cryptocurrencies into assets, by getting the SEC to approve ETFs for existing cryptocurrencies, allowing anyone now to be able to invest in cryptocurrencies through the Stock Market without actually owning them. Leading the way in creating cryptocurrency ETFs is Larry Fink of BlackRock, head of the largest money-management firm in the world. BlackRock started 11 Bitcoin spot ETFs in January this year, the world's largest cryptocurrency, and is now set to do the same for Ethereum, the world's second most owned cryptocurrency. So why is Larry Fink in the process of turning cryptocurrencies into assets and obtaining control of this market? Let's let Larry Fink himself explain it: "We believe we're just halfway there in the ETF revolution...Everything is going to be ETF'd...We believe this is just the beginning. ETFs are step one in the technological revolution in the financial markets. Step two is going to be the tokenization of every financial asset." Larry Fink, 1/12/2024 on Bloomberg Television. In other words, everything the public fears from the Federal Reserve in terms of CBDCs, is already happening in the "private" sector with existing cryptocurrencies and their blockchains. All that is needed to convert over is a "Black Swan" (Corporate Media's term) or "False Flag" (Alternative Media's term) event.

New Netflix Movie Warns of Coming Cyber Attack – Former Freemason Wall Street Manager Explains How the Banks Will Soon Take Your Money

Netflix recently released a new fictional film titled "Leave the World Behind" which dramatizes what could happen with a cyber attack against the U.S. I watched this film yesterday, since online comments about it were all over the place in trying to interpret it. I am recommending everyone to watch this film. Another corroborating source about what is about to happen, is the non-fictional work of David Webb, someone I had not heard of before this week. Webb has published a new book that anyone can download for free. I have read about 75% of the book since yesterday (I started with the Prologue and then worked my way back from the Conclusion), and I have to say this is definitely a MUST READ! David Webb has an incredible Bio, and came from a family deeply involved in Freemasonry. He was a successful Wall Street manager for years, and now lives in Switzerland where he owns farmland. He is originally from Cleveland. I would consider Webb a true "whistle-blower" who knows the intricacies of Freemasonry and the world's financial system, through previous experience.

BRICS vs. Davos: The Race to a New World Currency

We are truly living in historic times, as the world financial system is being transformed in real time here in 2023. What is emerging are two competing forces to develop a new world currency. The predominate world economic system is the one led by the Davos crowd, where the World Economic Forum (WEF) is the main institution that has controlled Western monetary policy, primarily in the U.S. and Europe, and also the rest of the world as they submitted to the Davos crowd, and their military alliance, NATO. But the "rest of the world" is now joining forces to challenge the Davos Crowd, led by BRICS (Brazil, Russia, India, China, South Africa), which now has a total of 41 countries wanting to join together with the original 5 BRICS nations and replace the U.S. dollar, currently the world's dominate currency used in trade and finance, with a new, alleged gold-backed, world currency. The Davos crowd, on the other hand, realizes that their banking system is in serious trouble, and they have been working on a plan to replace fiat currencies such as the U.S. dollar, with Central Bank Digital Currencies (CBDC). The Bank for International Settlements based out of Switzerland, and the International Monetary Fund, a United Nations institution based out of Washington D.C., are the two predominant groups working quickly to develop a standard for CBDCs.

The Western Banking System is on the Brink of Collapse

There is virtually nobody in either the corporate or alternative media these days who are not warning about the serious problems with U.S. and European banks today. Even if a U.S. debt ceiling agreement is reached this week, it will not save the banking system. I am highlighting two new articles published today that reveal just how dire the current banking crisis is, and what may be lying ahead in the not-too-distant future with a new financial system rolled out and the implementation of Central Bank Digital Currencies (CBDCs). First, Pam Martens of Wall Street on Parade reports on a new IMF projection for the U.S. economy.  Next, Sam Parker, writing for Behind the News Network, just published a 2-part article titled "They're Coming for Your Money." He reports how the two families that control western banks, the Rockefellers in the U.S., and the Rothschilds in Europe, are planning on bringing down the entire western banking system to implement the "Great Reset" and roll out programmable Central Bank Digital Currencies.

Will CBDC FedNow Put Regional and Smaller Banks Out of Business this Summer?

The failures of Silvergate Bank, Silicon Valley Bank, Signature Bank, and the current struggles of First Republic and Pacific West Bank have seen bank deposits flee to the perceived safety of large banks. To make matters worse for banks, rising interest rates and easily accessible higher yielding alternatives exist like money market funds (MMF) or US Treasury ETFs. These alternatives are now a few thumb taps and swipes away from depositors, making the near-zero rate of return on bank deposits much less attractive for many consumers and businesses. These issues, plus the new FedNow service which is set to begin trial runs in July, could represent an uphill battle for banks to retain deposits. The Federal Reserve’s new FedNow program will allow bank customers at 10,000 financial institutions to instantaneously transfer funds in and out of bank accounts on a 24/7/365 basis. This is probably the biggest innovation since mobile banking and investment apps and will allow customers greater access to "their" money than ever before.

Central Bank Digital Currency Fail? Worldwide Resistance Against Central Banks Gains Momentum

Is the fear over the adoption of Central Bank Digital Currencies (CBDCs) being over-hyped? Nigeria has been used by some as an example of what may be coming to the U.S. in terms of rolling out a CBDC, as Nigeria is the first major country to do a mass rollout of CBDCs and attempt to replace cash. But now one year later, it appears that the rollout of the Nigerian CBDC, the eNaira, has been a total failure, as their Supreme Court has ruled it is "unconstitutional," and there are calls for arresting the head of the Central Bank in Nigeria. And in an article published today, March 23, 2023, it is being reported that the Nigeria Labour Congress is calling for public sector workers to start a nationwide strike next week, protesting at Central Bank branches, which could cripple the entire country. Within the past 30 days or so, several U.S. politicians have also come out publicly against Central Bank Digital Currencies. They include: U.S. Congressman Tom Emmer, South Dakota Governor Kristi Noem, Florida Governor Ron DeSantis, and Texas U.S. Senator Ted Cruz. What do these four politicians all have in common? They are all Republicans. You know, the party that used to hold the position that "all vaccines are safe and effective and the science has been settled," which was the position of ALL politicians, both Democrats and Republicans, until it was decided by the GOP in 2022 that it was OK to oppose one kind of "vaccine," the COVID shots, and therefore made it a political issue. And of course they only adopted this position AFTER hundreds of millions of Americans had already received their shots. This GOP position on the COVID shots, however, did not result in any action to either STOP injecting Americans with COVID-19 bioweapons, nor hold accountable those who approved them. So do we now trust them on their opposition to Central Bank CBDCs?

Central Bank Digital Currencies (CBDCs): The Battle for the Future of the Monetary System is Underway – Are You Ready?

The United States is getting closer to issuing a Central Bank Digital Currency (CBDC). What does this mean? It means that the financial collapse of the economy is getting closer, and this is the plan of the Central Bankers to replace the current monetary system. If you are unaware of what CBDCs are, and how they can be used for evil purposes to try and control every aspect of our lives, then it is time to take notice, because this is a train that has left the station, and is not coming back. It is not a new monetary system that can be implemented overnight, however, but will need to be rolled out in stages, and those roll outs have already begun in many countries around the world. As with anything in life, tyrants cannot control people without their consent. They fear the masses, because they are outnumbered. If there is massive resistance among the public, it can thwart their plans. They will use fear as their main tool, and we have seen just how powerful fear is, with the COVID-19 operation that began in 2020. So there is a window of opportunity here to wake up as many people as possible to resist converting over to a new, cashless society, where digital currencies issued by Central Banks will completely dominate our lives and eliminate any remaining remnant of "privacy." I am publishing today the latest article by Jim Rickards to give us an update on just where we are today with U.S. CBDCs, and then a video by James Corbett that was just published and explains more in depth just what CBDCs are, along with sources of information on how to learn to opt out of CBDCs. Do NOT skip or browse through quickly this information, because I am not exaggerating when I say that your future, and the future of our society, depends upon you understanding what is at stake here, and how to resist it.

New York Federal Reserve Bank Announces Test of Digital Dollar with Major Banks

Here we go. In just one week since the fall of FTX and the upheaval of the private cryptocurrency world, the New York Federal Reserve announced today that it was starting a trial run of a "digital dollar" with several major banks. I expect that the plans to move towards a Central Bank Digital Currency will pick up speed now, using the FTX scandal as an excuse to start regulating all digital currency. This is another step towards The Great Reset.

Are You Ready For The Coming US Government Default?

The U.S. national debt has topped $31.2 trillion. Tack on the debt of households, businesses, state and local governments, and financial institutions, and you’re looking at a total U.S. debt over $92.9 trillion. As the Fed hikes interest rates to contain the raging inflation of its making, the cost of servicing government debt increases. Total U.S. tax revenue is approximately $4.9 trillion. Total U.S. interest paid is over $3.4 trillion. Before long it will take 100 percent of tax revenue just to service the debt interest. Then what? The popular American myth is that the U.S. government has never defaulted on its debt. Quite frankly, that’s an unadulterated lie. The U.S. government has (unofficially) defaulted on its debt twice within the last hundred years. Executive Order 6102 of 1933, which forced all American citizens to turn in gold coins and bars, was, in fact, a default. Gold ownership in the United States, with some small limitations, was illegal for the next 40 years. The second default occurred in 1971, when President Nixon “temporarily” suspended the convertibility of the dollar into gold. Prior to 1971, as determined by the Bretton Woods international monetary system, which was agreed to in Bretton Woods, New Hampshire, in July 1944, a foreign bank could exchange $35 with the U.S. Treasury for one troy ounce of gold. After the U.S. reneged on this established exchange rate, when foreign banks handed the U.S. Treasury $35, they received $35 in exchange. In both instances, the U.S. government didn’t overtly default on the debt. Instead, it changed the fundamentals – the terms and conditions – of the dollar. By all honest accounts, these are defaults. What dirty trick does Uncle Sam have up his dirty sleeve this time? One possible swindle is the issuance of a digital dollar – a Fed or government issued central bank digital currency (CBDC) – which is traceable and programmable. When it is introduced, your accounts will be credited one for one, as in one federal reserve note for one digital dollar. But what you’ll be able to buy in return with your digital dollars will be far less. You see, the digital dollar roll out will provide elaborate cover. Make no mistake. This is a default. And it is coming much sooner than you think. Are you ready?

Waiting in Line for Hours to Withdraw Funds Bank Runs Increase in China as Bank-Issued Digital Currency Use Expands

China continues to lead the world in implementing the Globalists' Great Reset, as financial systems around the world begin to collapse. Watching what is happening in China, if you can find the heavily-censored news, will give a preview of how things are likely to unfold in other countries. Bank failures now seem to be accelerating in China, as panic begins to set in among the public, and it is being reported that in some areas people are standing in line for many hours trying to withdraw funds from their accounts. The run on banks is apparently a reaction to the story we covered last week where over 1 million residents in China’s Henan Province were prevented from withdrawing their money from their bank, with many losing their entire life savings. As protesters were heading to Henan province’s capital Zhengzhou to demand to get their money back, Chinese health authorities used their COVID-19 tracking app to turn up “red,” forcing them into quarantine, in order to stop the protests. When the current banking system can no longer meet the demands of its depositors, the Globalists will move on to the next phase of the Great Reset, which is to replace currencies and hard cash with Central Bank Digital Currencies (CBDCs). While many of us in the Alternative Media have been warning about the dangers of CBDCs for years now, most in the general public are totally unaware of how using a Central Bank issued digital currency will eliminate almost all of your privacy, and make you a financial slave to the system. Not only will they be able to track every single one of your financial transactions, they will be in a position to enforce social behavior as well as a condition for you to have access to funds in "your" account on their servers, such as comply with COVID-19 or other health mandates, like mandatory vaccines. China leads most of the world right now in rolling out their State Bank-issued digital currencies, so let's take a look at how they have done it so far, as both Russia and the U.S. scramble to try and catch up with China and issue their own Central Bank digital currencies.

Local Banks and Credit Unions Beginning to Realize that Implementing Central Bank Digital Currencies will Drive Them Out of Business

Credit union and banking trade groups have released a joint letter to the chair and ranking member of the House Financial Services Committee, warning of “devastating consequences” if the Federal Reserve moves forward with a Central Bank Digital Currency (CBDC). The fact that credit unions, which frequently serve unionized labor, joined with banking trade groups to sign off on the letter, lends credibility to the “devastating consequences” the letter enumerates of a Central Bank Digital Currency.

Biden Executive Order Outlines Plan for Central Bank Digital Currency as the U.S. Dollar’s Status as the #1 World Currency is Almost Over

Last week the White House published the "Executive Order on Ensuring Responsible Development of Digital Assets" that will pave the way to a Central Bank Digital Currency (CBDC) while regulating, and possibly eliminating, all competing cryptocurrencies. This is the end game for the Great Reset, which started with the COVID Plandemic in 2020, and is being further advanced today with the war in Ukraine. The Globalists who run the world's financial systems are mostly bankers, and they know that "payday" is almost here now, while the masses are mostly clueless and just assume that the world's economy, particularly in the West, will just continue on forever running up debt and creating fiat cash out of thin air, not realizing that at some point people need to stop consuming and start producing something. The end goal for the Globalists here is the complete replacement of fiat currencies and hard cash with digital money that is controlled by the Central Banks. Just how far they are able to advance to reach this end goal is dependent upon YOU, the consumer, and how willing you are to resist, and to change your way of living to start moving into the segment of the population that produces goods and services, rather than depend upon "the system" to take care of you and provide everything for you. Because once that "system" eliminates cash and local currencies in favor of CBDCs, then your slavery to that system will be complete, and there will be NOTHING you can do without their permission.