Maybe they try to circumvent The Eurasia Economic Union (EAEU - common payment system) or they think can save the current overinflated dollar structure. Neither will succeed, the puppets and puppeteers of the world domination house of cards are failing.
During WW2 Switzerland (and the banking system in) was not harmed at all, like magic, the god of money protected this country.
There's no possibility of saving the dollar. Fiat always flatlines, and no reserve currency - even those based on something more substantial than 'just trust me bro' - ultimately lose their status. They know this.
The plan was to crash the USD using COVID as an excuse, and then have WWIII to cover their restructuring as they rolled out their new CBDC high-granularity control grid. The former part wasn't quite as successful as planned - in particular, too many people noticed, pushed back, and kept the lockdowns from going as far as they wanted - and the latter doesn't look like it's going to happen.
Next the species will reject the CBDC.
Hence the atmosphere of apprehensive confusion at Davos this year.
I would only add, John, that they're all fiat currencies depending on who's the ruler. When gold has a value different than its use-value as a metal, it's because rulers declared "Let it be so!" Without gold representing the stored labor value of lives, colonization and slavery-on-steroids couldn't have been globalized.
The dollar is a fiat currency 'declared' by the bankers, who create 96% of them (you're right, Vaios, that is the number). The bankers, therefore, are king--not the gov't. We all work for them if we pay rent or a mortgage.
So it's important, I think, not to confuse means and ends. If communities are king/ queen, and our fiat currencies are backed by the land and infrastructure within our borders through mortgages we issue, there's no reason that would flatline. You're right about the demise of the dollar, which is why we need to decouple our communities from it.
You deleted your comment, Vaios, before I could explain how I got to 94%. I was looking at the M2 and M3 money supplies that didn't include cash. But we really don't know since they stopped reporting M3 years ago, saying they didn't have the budget to track how much money they'd produced! It could be much higher than 94%.
Thank you Tessa for your commitment to being a true TRUTH Warrior. Your work is OUTstanding. I will continue (with GOD's assistance) to speak TRUTH to tyranny ...
All planned since the 1960’s. Public private partnership. Stakeholder capitalism. Totalitarian Fascists. No different in character from any historic thugs.
Old tactics - new forms invented. All the better to ensnare us with.
There are different aspects to CBDC. It makes sense. SWIFT is such a thing for global transactions in very large numbers.
What does not make sense is for this to be a retail-system for everyday purchases of groceries and rent payment.
Those are very different things. I think the BRICS+ global trade currency, backed by commodities and gold, is a good idea. I think that central banks adjusting your money through your smartphone, based upon your current compliance is slavery (a "bad" thing).
Jan 24, 2023·edited Jan 24, 2023Liked by Tessa Lena
SWIFT works for anyone, at least for me even if I do have to go through a financial agent. I give them GBP, they change to USD, and the latter arrives in my bank in a different country, usually in a few hours. Anything not to like?
BRICS at present comprises binational agreements to pay for goods/services in one partner currency, that's all. Some jurisdictions are proposing other arrangements, as Brasil is suggesting a latin american common currency. For that, let's see how well the EURO concept is doing: a currency imposed on a basket of Nations of varying solvency and prospects, with nothing much of a Central Bank or Budget to support it. Hmmm. A good non-decision by the UK to keep away from that, I think.
The road to the inferno is, proverbially, paved with good intentions, ¿no?
Reminds me of the sketch in Flanders and Swann where everyone in the house has their own clock and each is set to the owner's personal preference.
Summary: just because crypto works, no need to go overboard and everyone go and invent their own version. Tower of Babel, anybody?
I'm always astonished at the breadth of your scope. In reality, we already have digital currencies for 94% of the money supply in the US. This just takes centralization to its logical globe-gobbling conclusion.
Sadly, it also poisons the concept, which I envision as the way out. In my book, only commonwealth banks can issue mortgages, with all properties priced in community carets. We set the exchange rate, so people can live where they work and hedge funds (or us Californians) can't snap it up. We issue the same amount as the collective debt in dividends for local food, wellcare, education and home repair. That enables people to work where they live. Carets are exchanged without income or sales tax unless they're cashed out for dollars, protecting the local economy. It's a closed loop system.
In two years, this went from being an idea too strange for people to get to being usurped by the Monster. Grrrrr!
I have never been into blockchain, not because there is anything wrong with the technology itself (beyond the shared wrong of all computer technology, servers, cables, abusive mining of rare metals, etc. etc.) but because it has been hyped as a savior thing that would protect us from the tyrants. As if it is hard for the tyrants to turn off somebody's computer or phone, etc. Or to hack anything digital, if not now, then later. On the other hand, I have some really brilliant friends who are big on BTC. I decided to stay away from this argument because some things are just complex, and as long as there is not a big chance of everyone throwing their phones and computers in the river, the entire thing is going to stay shady. Then on the (third?) hand, I am typing this on the computer, so...
"the shared wrong of all computer technology, servers, cables, abusive mining of rare metals, etc. etc."
yes! and i know, i'm using one as I type this. a technology which bears the seeds of its own destruction
i too have friends into btc including one who bought at $5k. my issue with btc is the total lack of privacy, sooner or later he will have to pay taxes on that!
I think you are supposed to pay taxes on it regardless, my point of contention is that digital devices can be disabled if the tyranny ever turns into what BTC is supposed to protect against. So, fine, it is something people can do but I don't think it's a panacea. And yes, the shared wrong is the elephant in the room!
I am not so sure it would be easy to turn off Bitcoin it you had a hardware wallet. Now maybe that is easy to turn off as well with an EMP, but you never know.
How do you not comply? By refusing to use a smartphone for starters. But if this gathers steam, other ways of withdrawing while still living in "this world" will have to be discovered
Oh, there is this whole thing (research, white papers etc.) on how AI can operate as a financial entity, kind of like a legal "person" (I am oversimplifying). Anything crazy you can imagine, right there, researched and talked about!
I don't understand why a SWIFT-type network is needed for crypto because crypto IS a network.
See: I pay USDxxx for some BTC and then with my BTC I buy some RMB or whatever. The only deal (apart from the risks of (a) forgetting my passphrase and (b) leaving the value in BTC too long) is choosing who to exchange with.
As usual, it seems as though those who, from their own brilliance and motivation, rise to the top of the business tree, do not understand something basic. But then, that's me too.
The way I see it, with a disclaimer that I do not have technical financial expertise so this is jiust a guess, is that it is just reshuffling power. CBDC is just a framework of generating and using "money" as strictly ones and zeros on a computer (or phone, or a chip in your hand YIKES). It is just taking "meta" to a whole different level. And the only "convenience" in mind seems to be the convenience of controlling everything top-down. It is just a further separation of life from the physical world where we do things and touch each other, as if it's possible.
No messy contracts to print, no service areas for new customers or new contracts, no plastic cards to give out, keep track of, block when notified stolen: pared-down service run from an internet database.
Cheap for Banks and "Secure for the Client"
(also, can be tweaked by dot-gov for social manipulation "needs")
They are envisioning the compliance, I am envisioning the defiance!
Good for you!!! xo
https://stopworldcontrol.com/unevent/?inf_contact_key=042fc4ff860b1021a1e119ba2d1c21c54dfbc39d7283b2cb89d5189540b69330
Exactly. Just because they open the door to the trap doesn't mean we have to walk in.
Maybe they try to circumvent The Eurasia Economic Union (EAEU - common payment system) or they think can save the current overinflated dollar structure. Neither will succeed, the puppets and puppeteers of the world domination house of cards are failing.
During WW2 Switzerland (and the banking system in) was not harmed at all, like magic, the god of money protected this country.
There's no possibility of saving the dollar. Fiat always flatlines, and no reserve currency - even those based on something more substantial than 'just trust me bro' - ultimately lose their status. They know this.
The plan was to crash the USD using COVID as an excuse, and then have WWIII to cover their restructuring as they rolled out their new CBDC high-granularity control grid. The former part wasn't quite as successful as planned - in particular, too many people noticed, pushed back, and kept the lockdowns from going as far as they wanted - and the latter doesn't look like it's going to happen.
Next the species will reject the CBDC.
Hence the atmosphere of apprehensive confusion at Davos this year.
I would only add, John, that they're all fiat currencies depending on who's the ruler. When gold has a value different than its use-value as a metal, it's because rulers declared "Let it be so!" Without gold representing the stored labor value of lives, colonization and slavery-on-steroids couldn't have been globalized.
The dollar is a fiat currency 'declared' by the bankers, who create 96% of them (you're right, Vaios, that is the number). The bankers, therefore, are king--not the gov't. We all work for them if we pay rent or a mortgage.
So it's important, I think, not to confuse means and ends. If communities are king/ queen, and our fiat currencies are backed by the land and infrastructure within our borders through mortgages we issue, there's no reason that would flatline. You're right about the demise of the dollar, which is why we need to decouple our communities from it.
You deleted your comment, Vaios, before I could explain how I got to 94%. I was looking at the M2 and M3 money supplies that didn't include cash. But we really don't know since they stopped reporting M3 years ago, saying they didn't have the budget to track how much money they'd produced! It could be much higher than 94%.
Actually I was think in the upper 96% figures in the USA, but as you say they stopped reporting for a good reason (their good).
Thank you Tessa for your commitment to being a true TRUTH Warrior. Your work is OUTstanding. I will continue (with GOD's assistance) to speak TRUTH to tyranny ...
Thank you so much Susan!!! xoxoxo
All planned since the 1960’s. Public private partnership. Stakeholder capitalism. Totalitarian Fascists. No different in character from any historic thugs.
Old tactics - new forms invented. All the better to ensnare us with.
They are stake holders alright.
Fighting robots might become all too real.
I know!
“UDPN has been in development for the last two years with contributions from GFT, Red Date Technology, TOKO, and DLA Piper."
DLA Piper does the Clinton Foundation taxes.
There are different aspects to CBDC. It makes sense. SWIFT is such a thing for global transactions in very large numbers.
What does not make sense is for this to be a retail-system for everyday purchases of groceries and rent payment.
Those are very different things. I think the BRICS+ global trade currency, backed by commodities and gold, is a good idea. I think that central banks adjusting your money through your smartphone, based upon your current compliance is slavery (a "bad" thing).
SWIFT works for anyone, at least for me even if I do have to go through a financial agent. I give them GBP, they change to USD, and the latter arrives in my bank in a different country, usually in a few hours. Anything not to like?
BRICS at present comprises binational agreements to pay for goods/services in one partner currency, that's all. Some jurisdictions are proposing other arrangements, as Brasil is suggesting a latin american common currency. For that, let's see how well the EURO concept is doing: a currency imposed on a basket of Nations of varying solvency and prospects, with nothing much of a Central Bank or Budget to support it. Hmmm. A good non-decision by the UK to keep away from that, I think.
The road to the inferno is, proverbially, paved with good intentions, ¿no?
Reminds me of the sketch in Flanders and Swann where everyone in the house has their own clock and each is set to the owner's personal preference.
Summary: just because crypto works, no need to go overboard and everyone go and invent their own version. Tower of Babel, anybody?
Thank you for keeping up with the madness.
Thank you!! I am laughing at the phrase, "keeping up with the madness." That's something NONE OF US want to do!! :))
You got my drift. I am currently out of energy and glad that you have reserve energy. We might need to pass the baton around for the long haul.
I'm always astonished at the breadth of your scope. In reality, we already have digital currencies for 94% of the money supply in the US. This just takes centralization to its logical globe-gobbling conclusion.
That s a great point, Tereza! it's always a case of "gradually then suddenly," isn't it?
And I can only return the compliment!
Sadly, it also poisons the concept, which I envision as the way out. In my book, only commonwealth banks can issue mortgages, with all properties priced in community carets. We set the exchange rate, so people can live where they work and hedge funds (or us Californians) can't snap it up. We issue the same amount as the collective debt in dividends for local food, wellcare, education and home repair. That enables people to work where they live. Carets are exchanged without income or sales tax unless they're cashed out for dollars, protecting the local economy. It's a closed loop system.
In two years, this went from being an idea too strange for people to get to being usurped by the Monster. Grrrrr!
And thank you ;-)
We will own nothing. And be enslaved by robots and the control-freak monsters who program them. We have to reject all of this.
Rejection is key!!
will be interesting to see how much of the btc crowd simply go along and how many go into the black market. blockchain was never our friend
I have never been into blockchain, not because there is anything wrong with the technology itself (beyond the shared wrong of all computer technology, servers, cables, abusive mining of rare metals, etc. etc.) but because it has been hyped as a savior thing that would protect us from the tyrants. As if it is hard for the tyrants to turn off somebody's computer or phone, etc. Or to hack anything digital, if not now, then later. On the other hand, I have some really brilliant friends who are big on BTC. I decided to stay away from this argument because some things are just complex, and as long as there is not a big chance of everyone throwing their phones and computers in the river, the entire thing is going to stay shady. Then on the (third?) hand, I am typing this on the computer, so...
"the shared wrong of all computer technology, servers, cables, abusive mining of rare metals, etc. etc."
yes! and i know, i'm using one as I type this. a technology which bears the seeds of its own destruction
i too have friends into btc including one who bought at $5k. my issue with btc is the total lack of privacy, sooner or later he will have to pay taxes on that!
I think you are supposed to pay taxes on it regardless, my point of contention is that digital devices can be disabled if the tyranny ever turns into what BTC is supposed to protect against. So, fine, it is something people can do but I don't think it's a panacea. And yes, the shared wrong is the elephant in the room!
I am not so sure it would be easy to turn off Bitcoin it you had a hardware wallet. Now maybe that is easy to turn off as well with an EMP, but you never know.
How do you not comply? By refusing to use a smartphone for starters. But if this gathers steam, other ways of withdrawing while still living in "this world" will have to be discovered
Typo? It says "read date" then Red Date?
Tracy
Yes, thank you so much for catching it, Tracy!! Fixed
What do robots need money for?
Oh, there is this whole thing (research, white papers etc.) on how AI can operate as a financial entity, kind of like a legal "person" (I am oversimplifying). Anything crazy you can imagine, right there, researched and talked about!
Wow. Sounds like a video game rich people play from another planet, seeing whose robots get the most money, and the winner gets to buy Earth.
A very accurate description, I think!
I don't understand why a SWIFT-type network is needed for crypto because crypto IS a network.
See: I pay USDxxx for some BTC and then with my BTC I buy some RMB or whatever. The only deal (apart from the risks of (a) forgetting my passphrase and (b) leaving the value in BTC too long) is choosing who to exchange with.
As usual, it seems as though those who, from their own brilliance and motivation, rise to the top of the business tree, do not understand something basic. But then, that's me too.
Thanks for the post!
The way I see it, with a disclaimer that I do not have technical financial expertise so this is jiust a guess, is that it is just reshuffling power. CBDC is just a framework of generating and using "money" as strictly ones and zeros on a computer (or phone, or a chip in your hand YIKES). It is just taking "meta" to a whole different level. And the only "convenience" in mind seems to be the convenience of controlling everything top-down. It is just a further separation of life from the physical world where we do things and touch each other, as if it's possible.
It's good logistics for the banks. though.
No messy contracts to print, no service areas for new customers or new contracts, no plastic cards to give out, keep track of, block when notified stolen: pared-down service run from an internet database.
Cheap for Banks and "Secure for the Client"
(also, can be tweaked by dot-gov for social manipulation "needs")
What's not (NOT) to like...
Thank you!
Data IS the currency....🤔
That, too..