CBDCs: Financial Exclusion

TempestOfTempo

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Lucy

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It tracks with what we are on course for... but Im not sure they would crash it out during the Spring/Summer... not all the way anyways. Seems strategically it would make more sense for them to wait until Autumn/Winter when people will be much more desperate and have much less in the way of options. But who knows?
I agree. I don't think it will happen till after summer. My guess is November.
 

Karlysymon

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If you think,what are the tools of the New World?Everybody should have a digital ID; everybody should have a bank account; everybody should have a smartphone. Then, anything can be done. Everything else is built on that
Nandan Nilekani, IMF Spring Meetings, April 14, 2023
“CBDCs are central to this effort. Whether in wholesale form – as a type of digital central bank reserve – or retail form – as a digital banknote – it is increasingly clear, at least to me, that these new forms of money will sit at the core of the future financial system”
Agustin Carstens, Bank for International Settlements, November 8, 2023
 

Karlysymon

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Nearly twenty years later, Bove has made another prediction.

“The dollar is finished as the world’s reserve currency,” the 83-year-old told the New York Times in a recent interview, days after he announced his retirement on Bloomberg TV.

Bove didn’t offer a lengthy explanation on why he believed the dollar’s days as the world’s favored reserve currency were numbered, though he cited the likelihood of China eventually surpassing the US economy and the decline of American manufacturing as catalysts.
 

TempestOfTempo

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Nearly twenty years later, Bove has made another prediction.

“The dollar is finished as the world’s reserve currency,” the 83-year-old told the New York Times in a recent interview, days after he announced his retirement on Bloomberg TV.

Bove didn’t offer a lengthy explanation on why he believed the dollar’s days as the world’s favored reserve currency were numbered, though he cited the likelihood of China eventually surpassing the US economy and the decline of American manufacturing as catalysts.
USD might be on the ropes, but thinking China is in any position to assume geo-currency leadership is wistful thinking eh?
 

Karlysymon

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USD might be on the ropes, but thinking China is in any position to assume geo-currency leadership is wistful thinking eh?
The ultimate goal is centralization which is why iam not falling for the BRICS angle given that all of the countries in that bloc are actively working on their own CBDC.

The implementation of the CBDC, with the centralization of all currencies would spell the end of both national and individual sovereignty, worldwide.

The good news is that there is pushback. As of this past February, 11 US States have pending legislation to ban CBDCs and three weeks ago, the Republican-controlled House passed H.R. 5403 the CBDC Anti-Surveillance State Act, which blocks the creation of a government-issued, government-controlled central bank digital currency.

This fight is still far from over and citizens worldwide must remain ever-vigilant to this tyrannical scourge – and remain ever-dedicated to stopping it dead in its tracks, because, as Catherine explains: the controls desired by the Globalists don't even require the implementation of the CBDC and could be jerry-rigged by using the credit card system already in place – as anybody who has ever been de-banked already knows.
 

TempestOfTempo

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The ultimate goal is centralization which is why iam not falling for the BRICS angle given that all of the countries in that bloc are actively working on their own CBDC.

The implementation of the CBDC, with the centralization of all currencies would spell the end of both national and individual sovereignty, worldwide.

The good news is that there is pushback. As of this past February, 11 US States have pending legislation to ban CBDCs and three weeks ago, the Republican-controlled House passed H.R. 5403 the CBDC Anti-Surveillance State Act, which blocks the creation of a government-issued, government-controlled central bank digital currency.

This fight is still far from over and citizens worldwide must remain ever-vigilant to this tyrannical scourge – and remain ever-dedicated to stopping it dead in its tracks, because, as Catherine explains: the controls desired by the Globalists don't even require the implementation of the CBDC and could be jerry-rigged by using the credit card system already in place – as anybody who has ever been de-banked already knows.
I agree. And CAF/Solaris does some good work. But they also aint telling the whole truth.
 
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