John Titus on Central Bank Digital Currencies

Submitted by CCRider

I have an ad hoc committee of economic thinkers I rely upon to help me steer through this economic storm we find ourselves in. The names will be familiar to TBP’ers: Ron Paul, Peter Schiff, Jim Rickards, and James Corbett. I will now add the name of John Titus. His YouTube channel is BEST EVIDENCE

Corbett interviews Titus who is a lawyer and keen observer of monetary policy and the machinations of the Bankster class. Here Titus explains how a debt-based currency is their way of controlling the masses and keeping them constantly on the economic treadmill. He explains how and why depressions are engineered. He and Corbett break down a recent International Monetary Fund video discussion including Jerome Powell of the Fed, IMF, and Bank of International Settlements representatives who discusses the digital dollar that will be put in place once they tank the dollar.

I found it riveting and revolting. They aim to control every red cent we all spend. Titus has a great grasp of the (purposely) arcane technical aspects that fill in a lot of the blanks they rely on to keep us in the dark. As such, it gets a bit geeky but if you really want to know just how evil and diabolical they are watch this interview.

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14 Comments
SeeBee
SeeBee
December 5, 2020 3:15 pm

We are in the midst of a controlled (well, a planned one) demolition. That includes all FRN’s. There is no way around that.. The currency is corrupt. The nation bankrupt. And we are the collateral.

Welcome to the Age of Aquarius.

CCRider
CCRider
December 5, 2020 3:53 pm

If that wet your whistle for his message watch him peg FED liar Bill Duddley’s ass to the wall:

https://www.bloomberg.com/news/videos/2020-01-29/fed-s-repo-response-not-fueling-stock-market-says-bill-dudley-video

ottomatik.
ottomatik.
December 5, 2020 5:36 pm

The Masters of the Universe can have their CBDC, just like everyone else. We must demand the freedom to use whichever we chose. An ecosystem of Cryptocurrencies is the only solution to their desired Digital Slavery System. Obviously a reset is coming, and the slavers are well positioned for centralization, decentralized currencies are the best gift we can bestow on future Americans.
There is scuttlebutt swirling in crypto circles on a possible US plan to make private, individual crypto wallets illegal.
Fuck that.
Obviously the future is digital. And the Dollar is kaput. Either we will decide what is next or it will be decided for us.

Steve
Steve
  ottomatik.
December 5, 2020 7:07 pm

It’s going to be decided for you. (((They))) won’t allow competing cryptos.

yahright
yahright
December 5, 2020 5:43 pm

34 minutes of stuff I already know. I’m just a bit jealous of the bankers having money backed by nothing and making insane profits. what a scam.

ottomatik.
ottomatik.
  yahright
December 5, 2020 5:54 pm

Backed by nothing is not accurate. While force is not a tangible like gold, it is certainly something.

Steve
Steve
  yahright
December 5, 2020 7:09 pm

It’s backed by your sweat, tax donkey.😃

Steve
Steve
December 5, 2020 7:04 pm

With the soon to be introduction of CBDC your purchases will be known and controlled. That black scary rifle, sorry we can’t allow that nor the ammo for it.
Understand that any similiar purchase will be controlled so, get it now or you never will. I suspect that ammo is already being throttled by the govt. There is none to buy anywhere.
The control the govt will have will be total. Didn’t get your vaccine? No digital cash for you until you comply. BASTARDS.

Pat
Pat
December 5, 2020 7:42 pm

I think a digital currency thats meant to control everyones lives is going to open a huge black market for trade/barter, illegal cryptos and metals. Stock up on everything.

mark
mark
  Pat
December 5, 2020 11:19 pm

I agree Pat…and have prepared accordingly.

Have a large hayloft in my barn I filled with plastic snap together shelving and turned it into my version of a non-perishable Wal-Mart.

ottomatik.
ottomatik.
  mark
December 5, 2020 11:34 pm

Good plan in these times of plenty.

Hans F
Hans F
  Pat
December 6, 2020 6:38 am

I believe you’re right, Pat. The majority of people will eventually see that digital currency is a control mechanism. Although there will also be many who welcome it as a “convenience”. The black market will thrive.

m
m
December 6, 2020 3:20 am

I would be very careful to rely on Jim Rickards.
In my opinion he way too often speaks calculated half truths to steer the gist in his intended direction – then sometimes half a year later tells you the exact opposite.

piearesquared
piearesquared
December 6, 2020 11:52 am

Some sort of a monumental financial collapse is already baked into the cake, I just don’t know exactly what it will look like or when it will happen. I was expecting a financial collapse even before the COVID-19 nonsense crippled the economy and provided a convenient excuse for the Federal Reserve to print trillions more dollars out of thin air in addition to the trillions that had already been printed out of thin air. I think the breaking point will come when the U.S. dollar loses its status as the world reserve currency. So far we have been saved by the fact that the rest of the world is even worse off than we are.

But sooner or later the NWO will pull the rug out from under the U.S. dollar, probably when they implement their one world digital currency. That will result in enormous economic upheaval, which, combined with the scamdemic tyranny, will be used to usher in their One World Government.