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Payments panic and the ending of fiat currencies

March 25, 2020 - currencies is likely to be very short, by the end of 2020 – exactly three centuries since a similar fiat currency experiment failed in John Law’s Mississippi bubble.

Introduction

Doubting Thomases must surely realise by now that the central banks are in danger of losing control over financial market prices, not just for a short period of time, but more drastically than that. Besides a new round of quantitative easing announced last Sunday - $500bn into Treasuries ...

Austrians reject digital currencies, demand “right to cash payments”

October 06, 2022 -

Austria, a country of 8.9 million, showed massive support for the right to pay with cash, demonstrating the growing movement against digital currencies that have been promoted by central banks and institutions such as the World Economic Forum (WEF).

The deadline for the submission of petitions regarding proposals for seven national referendums was Monday. The right to cash payments received the most support of seven petitions, with 530,938 signatories.

In ...

Global hormonal disruption - BPA contamination now consuming world currencies

August 03, 2011 - Global hormonal disruption - BPA contamination now consuming world currencies

Wednesday, August 03, 2011 by: Anthony GucciardiTags: BPA, currency, health news

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Tom Renz: Digital currencies will lead to the end of freedom – Brighteon.TV

July 18, 2023 -

He issued this warning during the July 11 episode of his Brighteon.TV program "Lawfare with Tom Renz." According to him, people who are unaware of the central bank digital currencies (CBDCs) ought to know of the unified ledger program promoted by the Bank of International Settlements (BIS) as part of its 2023 Annual Economic Report. Renz noted that the globalist bankers that make up the BIS want to get rid of physical cash and turn it into CBDCs for more control over ...

Get ready for governments to push digital currencies after widespread banking collapse

March 23, 2023 -

The collapse of Silicon Valley Bank has created an opportunity for over 100 governments worldwide to introduce central bank digital currencies (CBDCs) and implement increased government controls in the financial sector. The fear of bank runs and calls for more regulatory oversight have made room for governments to push CBDCs as a solution, which could enable unprecedented levels of surveillance, noted Reclaim the Net.

CBDCs are digital versions of fiat currencies ...

Central Bank Digital Currencies are the bullet train to digital concentration camps

September 26, 2022 - currencies such a revolutionary technology.

As you can guess, CBDCs will be tied to user identities and Digital IDs, which will allow for total surveillance by the State and eliminate any chance of financial privacy.

According to the Atlantic Council’s Central Bank Digital Currency Tracker, 112 countries, representing over 95 percent of global GDP, are exploring a CBDC.

11 countries have already launched a digital currency including Nigeria and numerous ...

U.S., Western economies weaponizing their currencies in major show of WEAKNESS, Moscow says

November 20, 2023 - currencies as weapons to hold other economies back" – they do this, Siluanov says, to "preserve the old order" through sanctions.

"New economies are growing faster, new forces and muscles of countries are increasing, and politically they are becoming more powerful," Siluanov would go on to explain, adding that Western countries like the United States are ultimately harming their own economies with these devious tactics.

(Related: Back in March, former U....

G20 endorses “digital public infrastructure” that pushes DIGITAL CURRENCIES – something most Americans oppose

September 20, 2023 - currencies (CBDCs).

While the discussions at the G20 Summit held at India's capital New Delhi did not involve the banning of cryptocurrencies, various officials expressed their enthusiasm for a more digitally oriented future.

Indian Finance Minister Nirmala Sitharaman emphasized the need for a regulatory framework for crypto assets. European Commission President Ursula von der Leyen, meanwhile, discussed the success of the Wuhan coronavirus (COVID-19) ...

Turkey and Argentina turn to crypto amid record-breaking inflation and crumbling currencies

May 05, 2023 -

According to audience research company GWI, ownership of digital currencies in Turkey was the highest in the world at 27.1 percent, followed by Argentina at 23.5 percent, which is well above the global crypto ownership rate estimated at 11.9 percent.

Both countries are submerged in the ongoing record-breaking inflation, which has led to crumbling currencies and capital controls to deter local residents from taking money out. Turkey's annual inflation was ...

BRICS New Development Bank ditching US dollar by offering loans in local currencies

April 19, 2023 -

NDB President Dilma Rousseff confirmed the move, adding that the financial institution plans to give 30 percent of loans in the local currencies of member nations. The NDB was established in 2014 by the BRICS group – Brazil, Russia, India, China and South Africa – to challenge the U.S.-dominated World Bank. Rousseff, who served as Brazil's president from 2011 until her impeachment in 2016, took over the NDB's leadership in March 2023.

"It is necessary to find ...

Central banks race to implement new digital currencies as cities activate “smart” infrastructure

December 13, 2022 -

In recent months, many other central banks have announced similar plans. China, India, Russia, Brazil, Sweden, and the United States – among others – have all signaled a similar shift away from paper and coin money, which is soon to be replaced worldwide by a global digital money system.

Back in November, the globalist-controlled Federal Reserve announced the launch of a 12-week "pilot program" to test out a new central bank digital currency for America called CBDC, ...

Experts warn: Centralized digital currencies could be used to control how people behave

August 17, 2022 - currencies to fund illicit purchases or to prevent people on welfare with taxpayer-funded digital currencies from using them to buy anything other than essential groceries.

But Nawaz pointed out that this technology could also be used to compel people who have not taken the Wuhan coronavirus (COVID-19) vaccine to get vaccinated.

"The vaccine passport infrastructure is in place, but now we know that the vaccine doesn't stop infection or transmission, ...

Health Ranger Report: John Perez talks about gold and silver as real currencies

December 28, 2021 -

Silver, according to Perez, is being manipulated and suppressed by the powers that be because they don’t like to see gold and silver going to the moon, while crypto and stocks are getting whacked.

‘‘That would send the signal that maybe we should, maybe we should consider silver. But from my perspective, it's a head fake. When there's going to be a decoupling when people realize that the ship is sinking, they run to the gold and silver lifeboats because that's real ...

Mario Innecco: RISING gold prices spell TROUBLE for the dollar and other fiat currencies

December 08, 2023 - currencies vis-a-vis gold and silver," he added.

Meanwhile, Johnson remarked that people were seeing a new intra-day high for gold prices, surging above the $2,150 mark. Innecco said some friends told him about this development, but he advised them not to get too excited and to just stay level headed.

Innecco, a financial markets and macroeconomic analyst, said he had seen gold rise to $2,130 before going down to around $2,070 – its all-time high from 2020....

Israel, Norway and Sweden to test central bank digital currencies for cross-border transactions

October 11, 2022 - currencies could be used to control how people behave.)

"These learnings will be invaluable for central banks thinking about implementing CBDCs for cross-border payments," said Shah.

Central bank officials from Israel, Norway and Sweden have noted that this project will help them further develop their own CBDCs – the digital shekel, the digital krone and the e-krona, respectively.

Norges Bank Executive Director for Financial Stability Torbjorn Haegeland ...

Bitcoin a smashing success worldwide - exceeds $1 billion in value as other currencies fail

April 05, 2013 - Bitcoin a smashing success worldwide - exceeds $1 billion in value as other currencies fail

Friday, April 05, 2013 by: Carolanne WrightTags: bitcoin, currency, Cyprus

Cutting edge currency circumvents central banking system

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BlackRock CEO celebrates SEC acceptance of Bitcoin ETF application, says crypto “will transcend international currencies”

July 24, 2023 -

Larry Fink, CEO of BlackRock, is making the media rounds in support of cryptos, arguing that they can "democratize" finance while "digitizing gold." With United States regulators now considering the creation of an ETF directly linked to Bitcoin, Fink is suddenly all about cryptos, which he says have the potential to "revolutionize" finance.

Six years ago, Fink was convinced, or so he said, that Bitcoin is "an index of money laundering." Today, conversely, Fink is all about ...

IMF “working hard” on new global CBDC platform to replace dollar and other national currencies

June 23, 2023 -

Right now, the various currencies of the world are, for the most part, already controlled by unelected, private central banking cartels. A new IMF CBDC, however, would unify them all into one cashless cryptocurrency that everyone will be forced to use in order to buy and sell.

"If we are to be successful, CBDCs could not be fragmented national propositions," Georgieva declared at a policy roundtable discussion with Bank Al-Maghrib in Rabat, Morocco about CBDCs....

DUMPING THE DOLLAR: Russian ambassador confirms Russia and Bolivia are now trading in national currencies

February 17, 2023 -

"Financial operations can now be carried out using national currencies, which means a blow to the hegemony of the dollar," Russian Ambassador to Bolivia Mikhail Ledenyov told Russian state-owned news agency RIA Novosti on Tuesday, Feb. 14. RT also reported that Bolivia has shown interest in strengthening its energy cooperation with Russia in recent years, including mining projects and trade.

"With the participation of the embassy, interbank cooperation is actively ...

Shift away from U.S. ‘petrodollar’ and towards gold-backed currencies in the Global South continues

January 30, 2023 -

This phenomenon was laid bare again last week during the World Economic Forum in Davos, Switzerland, where countries in the Global South, which tend to be poorer but are rich in natural resources, emphasized their shift away from the U.S.-dominated petrodollar and towards other currencies that are backed by hard assets like gold, Great Game India reported, listing "three interconnected multipolar-driven facts" to justify that conclusion.

The report noted:

First: ...