Tuesday, January 24, 2023

Things To Come: Central Bank Digital Currency

Central Bank Digital Currencies



The Covid-19 viral pandemic has accelerated the implementation of most of the 17 goals of the U.N. Agenda 2030. One such goal still remains unresolved, the central bank digital currencies (CBDC), sold as wholesale and retail. The wholesale CBDC would be used by financial institutions while the retail CBDC would be used for consumption.


The globalist plan is that, instead of using fiat currencies, paper money and coins, all governments would issue a credit-based system whereby balances and all transactions are recorded digitally. Once paper money and coins disappear from circulation, no new money will be printed or issued.

The immediate problem with such entirely digital transactions is that the banksters plan to make digital money expire if they are not spent. Additionally, the government will control everything you spend and will approve or disapprove your spending if they deem it helpful or harmful to your health, you are spending it on things not approved by a bureaucratic entity, and balances and expenditures will be tied to social credit scores based on the Chinese Communist Party model.

The primary reason for such a centralized digital system is power and total government control over the lives and activities of all citizens on the planet. Citizens would become totally dependent for their existence on a government who can and will take things away at whim if one does not behave appropriately.


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