Tag: Central Bank Digital Currencies

“What’s Coming Is WORSE Than A Crash” – Whitney Webb’s 2024 Prediction

In this eye-opening video, Whitney Webb delves into the complex web of global cybersecurity, revealing a public-private partnership within the World Economic Forum that includes major players like the FBI, DOJ, and tech giants such as PayPal and Microsoft. With a forecast of a massive cyber-attack by 2025 targeting the banking sector, Webb unravels how this could serve as a pretext for financial institutions to shift blame and potentially manipulate geopolitical tensions.

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Doug Casey on the Death of Privacy… and What Comes Next

By Doug Casey

Death of Privacy

International Man: In practically every country, the allowable limit for cash withdrawals and transactions continues to be lowered.

Further, rampant currency debasement is lowering the real value of these ridiculous limits.

Why are governments so intent on phasing out cash? What is really behind this coordinated effort?

Doug Casey: Let me draw your attention to three truths that my friend Nick Giambruno has pointed out about money in bank accounts.

#1. The money isn’t really yours. You’re just another unsecured creditor if the bank goes bust.

#2. The money isn’t actually there. It’s been lent out to borrowers who are illiquid or insolvent.

#3. The money isn’t really money. It’s credit created out of thin air.

The point is that cash is freedom. And when the State limits the utility of cash—physical dollars that don’t leave an electronic trail—they are limiting your personal freedom to act and compromising your privacy. Governments are naturally opposed to personal freedom and personal privacy because those things limit their control, and governments are all about control. Continue reading “Doug Casey on the Death of Privacy… and What Comes Next”

Your Money AND Your Life

Submitted by aka.attrition

Source: Edward Snowden – https://edwardsnowden.substack.com/p/cbdcs​

Summary: It’s a fairly long read so I’ll summarize it for you: Central Banks bad, Central Bank Digital Currency (CBDC) bad, fiat money bad, m’kay. However, the article offers a good insight into what CBDC is and how it could potentially affect us all.

 

1.

This week’s news, or “news,” about the US Treasury’s ability, or willingness, or just trial-balloon troll-suggestion to mint a one trillion dollar ($1,000,000,000,000) platinum coin in order to extend the country’s debt-limit reminded me of some other monetary reading I encountered, during the sweltering summer, when it first became clear to many that the greatest impediment to any new American infrastructure bill wasn’t going to be the debt-ceiling but the Congressional floor.

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Central Bank Digital Currencies Are the Ultimate Tool of Financial Oppression

Via Birch Gold Group

Central Bank Digital Currencies Are the Ultimate Tool of Financial Oppression

From Brandon Smith

Currencies are the lifeblood of a nation’s trade and its economy. When a currency fails, the entire economy collapses.

Even so, most people rarely think about the health or buying power of the money in their pockets. They watch their bank balance, their brokerage or IRA balance and are aware of their home’s value. They see those numbers change, but they never reflect on the value of the currency itself.

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Central Bank Digital Currencies Are Coming – What Will The Consequences Be?

Authored by Brandon Smith via Alt-Market.us

Currencies are the lifeblood of trade and the economy; if a currency fails, the entire economy fails. Yet, most people rarely think about the health or buying power of the money in their pocket. People don’t research how often currencies actually falter and how common it is for inflation or stagflation to strike nations. They just assume that the money they have will be as useful tomorrow as it is today. They also assume that money will never change in a dramatic way.

This lack of interest in how money works is likely due to the fact that people are not taught how their money is created. It’s not discussed in schools, the truth is avoided in colleges and the mainstream news rarely mentions it. People think our government and treasury handles all of that, but the reality is that our government does NOT create our money; at least, it’s not in charge of the process. Central bankers are, and they operate from a “quasi-independent” position.

Former Federal Reserve chairman Alan Greenspan once openly admitted that the central bank “answers to no one” and does not follow orders from the government. They do what they want when they want.

Continue reading “Central Bank Digital Currencies Are Coming – What Will The Consequences Be?”