CBDC: Marxist Matrixing In the Masses
Opinion
The subject of Central Bank Digital Currencies (CBDC) should be of great interest to anyone alive. The desires of “central banks” certainly seem so wondrous and convenient plausibly to the WIFI generation that has multiple crypto accounts, a dozen social media haunts and learned to code like their overseers desired. Let us start though with the recent lies from the White House in 2022:
While the U.S. has not yet decided whether it will pursue a CBDC, the U.S. has been closely examining the implications of, and options for, issuing a CBDC. If the U.S. pursued a CBDC, there could be many possible benefits, such as facilitating efficient and low-cost transactions, fostering greater access to the financial system, boosting economic growth, and supporting the continued centrality of the U.S. within the international financial system. However, a U.S. CBDC could also introduce a variety of risks, as it might affect everything ranging from the stability of the financial system to the protection of sensitive data. [My emphasis.]
Of course the U.S. Federal Reserve has decided. FEDNOW is to launch July 2023 right as SOFR is to be kicked on 100% and the LIBOR kicked off forever.
Stableford Capital in October 2022 said this:
“Fedcoin” would be a central bank digital currency (CBDC): “a digital liability of a central bank that is widely available to the general public”.
Simply put, it is a digital dollar that will be issued and backed by America’s Federal Reserve. When this digital dollar becomes a liability of the Fed it will be the safest digital asset available to the public.
This digital dollar that is worth 3% (or less) of its 1913 value with $32 trillion in national debt and long-term liabilities exceeding the world’s yearly GDP piled on top of it.
But it’s safe - TRUST US!
The White House issued Executive Order #14067 (6 months prior to the above statement) which mentions CBDC 34 times. Just one nugget from this long executive order:
the ability to exercise human rights; financial inclusion and equity; and the actions required to launch a United States CBDC if doing so is deemed to be in the national interest.
(ii) My Administration sees merit in showcasing United States leadership and participation in international for a related to CBDCs and in multi-country conversations and pilot projects involving CBDCs.
The Marxist linguistic tell, “inclusion and equity”, is bad enough. But add in “launch”, “merit”, “participation”, and “multi-country”, and one can figure out this is now the biggest GET for the Parasitic Elite in DC, Davos, Beijing, London or Moscow.
All during COVID, one heard about vaccine passports (Gates), track and trace (using a “virus” as cover for introduction of 24-7 surveillance) and lockdowns (to monitor level of compliance) in large cities and other jurisdictions. It was China’s social credit score being tested out while a Health Matrix was also being installed - no privacy! - and all your children are wards of the STATE and in dire need of vaccination! TRUST US!
BIS Managing Head August Carstens saying the quiet part out loud. This obese Marxist wouldn’t give up control over anyone. But he’s not the final boss. Just a functionary technocrat for the Banking & Elite interests that are running out of time to retain control over billions of sheep they lord debt over. And it is about keeping the sheep feudally poor as this statement from Deputy Managing Director Bo Li states:
#CBDC has profound implications for monetary policy & fin stability. If properly designed and implemented, it could strengthen the usability, resilience & efficiency of payment systems & increase fin inclusion. [My emphasis.]
There is that word again: “[fin] inclusion.” You’ll be financially included so they can keep you under their boots. The BIS has all the big players on board, even Russia gets a seat at the voting table. So while the totalitarian flavor of the CBDC will undoubtedly be to no one’s liking, these banking forces play people off each other through social issues chaos to get what they want: control.
Project Icebreaker….(14:30) BIS - Added 4/16/23 530A
Now, they don’t want people to notice things like privacy, or what one can buy under this method, or whether what one says or does in their private life will matter (it will). Rather these Banking Technocrats pitch convenience and inclusiveness to get people who won’t look beyond the consequences of their digital money being able to track all your whereabouts; who you shop; and what you fancy in your life.
This neatly explains all the authoritarian crackdowns (really since Obama’s last term) on speech and due process erosion with bills like RESTRICT ACT being introduced by Mark Warner (D). This though is an add-on or upgrade to the PATRIOT ACT.
One can’t stress how vitally important it is to get your local politicians away from this Matrix of Control. Create barter systems. Create local currencies. Talk about how to do establish local rules to stop these Globalist criminals wrecking Humanity’s long trek to be remotely “free” from such systems.
The saddest thing for me is: knowing how U.S. people in positions of power (across DC, Tech, MNCs, and Science) truly care little about their fellow man or woman. But they will say: trust us.
No trust is left.
Further Reading & References:
https://sociable.co/government-and-policy/imf-cbdc-handbook-central-bank-govt-rollouts/
Housing Bubble Charles Hugh Smith
“financial inclusion and equity” communism 2.0. We promise we can make it work if we can just liquidate another 100 million people we will bring about an equity utopia. First we need to shut the farms down.
Great article again, Jason. You have some good ideas. However, you know as well as I do, that when we create local systems of barter and finance, our Marxist, Globalist Overlords will find a way to shit it down.