‘The central bank will have absolute control.’

Guest Post by Rudy Haverstein

The head of the BIS explains digital currencies to the serfs.

As a companion video to my earlier post, here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ [and Nazi] bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.

His “vision of the future” is quite clear.

“For our analysis on CBDC in particular for general use, we tend to establish the equivalence with cash, and there is a huge difference there. For example in cash, we don’t know for example who is using a hundred dollar bill today; we don’t know who is using a one thousand peso bill today. A key difference with a CBDC is that the central bank will have absolute control on the rules and regulations that determine the use of that expression of central bank liability. And also, we will have the technology to enforce that. Those two issues are extremely important, and that makes a huge difference with respect to what cash is.”


“If you want a picture of the future, imagine a boot stamping on a human face – for ever.”

– George Orwell

 

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31 Comments
Ginger
Ginger
April 14, 2023 8:22 pm

So Jabba The Hutt’s earlier relatives were bankers. Interesting.

Karhu
Karhu
April 14, 2023 8:26 pm

There’s a small question of whose money is it. I know, I know property rights – along with privacy and individual agency – have gone out the window. Still restricting CBDC use at the 24/7 All You Can Eat Buffet might get Jabba the Hutt’s weight down and help the rest of us avoid having to pay his excessive health care expenses.

mark
mark
April 14, 2023 8:52 pm

FUCK Agustín Carstens, the general manager of the Bank for International GREEDY PIG Settlements (the “central bankers’ [and Nazi] bank), at a 2020 IMF event.

HERE IS A VISION OF HIS FUTURE.

comment image

By the time you are his age and at his stage you usually end up with the face you deserve.

BL
BL
  mark
April 15, 2023 10:30 am

Mark- How did the Bo Polny thing work out? Profit or boloney ?

mark
mark
  BL
April 15, 2023 2:33 pm

BL,

It is too soon for a verdict…Polny’s major predictions are for the second half of April, May, and into summer…but I have Part 4 coming out…will see if Admin is interested over the weekend.

I will list Polny’ and High’s most recent major predictions so all that video wood is chopped for those who want to cut to the core.

It is interesting the predications both Bo Polny and Clif High agree on…Polny through Biblical cycles, maff, and scripture – High through predictive software linguistics.

Doug
Doug
April 14, 2023 9:10 pm

obese jew owns the world?

mark
mark
  Doug
April 15, 2023 10:19 am

Doug,

Possessed demonic Luciferians and herds of their propagandized, brainwashed, dumbed down mouth breathers come in all types, stripes, races, religions colors, creeds, and nationalities of ORCS, FLYING MONKEYS, and their idiot spoiled DUPES.

comment image
Powers & Principalities first line of command.

comment image
Remember Flying Monkey Lives Matter!

comment image
Dupes of the former Republic unite!

Joey Jo Jo Shabadoo
Joey Jo Jo Shabadoo
April 14, 2023 9:27 pm

Ummm … for maybe a little bit … then … ummm, no.

Just like all of their best laid plans …

Hollow man
Hollow man
April 14, 2023 9:43 pm

A least when I was young I thought I was free. The young today don’t even have that.

The Central Scrutinizer
The Central Scrutinizer
  Hollow man
April 15, 2023 7:51 am

Then they have the better part of the bargain, wouldn’t you say?

You’re never gonna try to fix something until after you SEE it is broken.

“You’re welcome!”…young little idiots.

ILuvCO2
ILuvCO2
April 14, 2023 9:56 pm

.

Euddolen ap Afallach
Euddolen ap Afallach
April 14, 2023 10:08 pm

Headline repair:
“The Central Bank Will Have Absolutely No Self-Control.”

WilliamtheResolute
WilliamtheResolute
April 14, 2023 11:19 pm

The man must have enemies…why else would he be so large he can’t fit in the trunk of a Cadillac…unless it’s all the children he eats.

gadsden flag
gadsden flag
April 14, 2023 11:49 pm

repost, with apologies:

1. is it moral to pay income tax? no, it is not moral to pay income tax.

2. is it immoral to pay income tax? yes, it is immoral to pay income tax.

in the first phrase, morality takes a passive tone, as if neither sin nor “good works” arise by paying taxes. No brownie points. No harm no foul, no sin and no shame. No fault and no responsibility. “it’s not moral, but it’s not a ‘sin’ ”

in the second phrase, payment of income taxes is a conscript of war against the natural law which exists between moral folk. in the second phrase, paying taxes is akin to offering your children to moloch at the demand of demons.

AKJOHN
AKJOHN
April 15, 2023 12:10 am

In honor of Flash, I hereby CHristen all CDBC’s JewBucks.

The Central Scrutinizer
The Central Scrutinizer
  AKJOHN
April 15, 2023 7:56 am

I’ll be callin’ em “ScoobyDoo Bucks”… ’cause,… RUH ROH! That and the whole “it ain’t real” thing.

AKJOHN
AKJOHN
  The Central Scrutinizer
April 15, 2023 11:17 am

OK. Jew Bucks otherwise known as RUH ROH!

Anonymous
Anonymous
April 15, 2023 1:46 am

Nazi bank?

You ignorant fucking retard.

The BIS was established in the context of the Young Plan (1930), which dealt with the issue of the reparation payments imposed on Germany by the Treaty of Versailles following the First World War. The new bank was to take over the functions previously performed by the Agent General for Reparations in Berlin: collection, administration and distribution of the annuities payable as reparations. The Bank’s name is derived from this original role. The BIS was also created to act as a trustee for the Dawes and Young Loans (international loans issued to finance reparations) and to promote central bank cooperation in general.

https://www.bis.org/about/history_newarrow.htm

Thunder
Thunder
April 15, 2023 2:31 am

Did that Man eat a fridge or does he eat crispy fried small children in large quantities.

anonymous
anonymous
April 15, 2023 6:01 am

Sunshine, go away today
I don’t feel much like dancing
Some man’s gone, he tried to run my life
He don’t know what he’s asking
Well, he tells me I better get in line
I can’t hear what he’s saying
When I grow up, I’m gonna make it mine
These ain’t dues that I’ve been paying

How much does it cost?
I’ll buy it
The time is all we’ve lost
I’ll try it
He can’t even run his own life
Be damned if he’ll run mine

Working starts to make me wonder where
All that I do is going
He says, “in love and war, all is fair”
He’s got cards that he ain’t showing

How much does it cost?
I’ll buy it
Time is all we’ve lost
I’ll try it
He can’t even run his own life
Be damned if he’ll run mine

Sunshine, come on back another day
I promise you, I’ll be singing
This old world, she’s gonna turn around
Brand new bells will be ringing
-Sunshine by Jonathan Edwards

Anonymous
Anonymous
April 15, 2023 6:11 am

‘The central bank will have absolute control…of All Future Monetary Disasters.’

The Central Scrutinizer
The Central Scrutinizer
  Anonymous
April 15, 2023 7:57 am

They always did.

Anonymous
Anonymous
April 15, 2023 8:05 am

Are we ready to admit it yet? The phyzz thing?

You know it’s true.

The Central Scrutinizer
The Central Scrutinizer
  Anonymous
April 15, 2023 9:28 am

Let’s ask Brad Paisley, shall we?

Anonymous
Anonymous
  The Central Scrutinizer
April 15, 2023 3:38 pm

Why, did you use the same plastic surgeon for your nose jobs?

Anonymous
Anonymous
April 15, 2023 7:56 pm

The Frito Bandito Rides Again