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The Fed Launches Phase One of Their CBDC This Month

by Greg Reese
July 5, 2023
Buy physical precious metals before the next gold and silver surge. Don’t buy numismatics! Buy pure bullion instead. Whether with cash or retirement funds, learn how we can help you prepare for financial turbulence ahead.

In a recent Time Magazine article, Ray Dalio of Bridgewater Associates hedge funds warned that the world is on the brink of disaster.

He came to this conclusion based on current events that haven’t happened since the nineteen thirties.

The largest amounts of debt and inflation, the biggest gaps in wealth and values resulting in the rise of populism on both the left and the right against the elites, and the greatest international conflict between world powers, most importantly between the U.S. and China.

Peter Onge writes that the easy way out of this mess would be for the elite to proactively shrink in scope. Get government out of the economy, out of social engineering, and out of propagandizing kids. But of course, this won’t happen.

Common sense and simple observation will tell you that the so-called elites will continue on their path towards economic destruction and world war. Which is likely what the international bankers had planned all along. Let us not forget that the fast-growing BRICS monetary system was born in 2001 out of Goldman Sachs.

In 1971, President Nixon officially ended the Gold Standard and replaced it with the petrodollar in which OPEC agreed to price their oil in US dollars in exchange for US military protection. This blood money deal preserved US control over the world economy. But when the US weaponized the SWIFT payment system against Russia, BRICS became the only viable solution for the rest of the world.

Reuters in New Delhi reported that last May, the State Bank of India rejected Indian Oil Corp’s planned payment in US dollars for Russian oil. And so they went to a private bank and settled their trade for Russian oil by paying in yuan to the Bank of China. And have continued to do so since

A shortage of US dollars in Argentina has caused commercial banks to allow the Chinese yuan as a form of currency in savings and checking accounts. Argentina has already been issuing securities in the Chinese yuan and has made a two-point-seven billion dollar payment to the International Monetary Fund using the Chinese BRICS currency.

Gold IRA

The Federal Reserve Bank’s FedNow is scheduled for launch by the end of July. FedNow is officially an update to the Federal Reserve’s payment processing and settlement system. And appears to be a backdoor to creating a Central Bank Digital Currency. Private blockchain operator Tassat has partnered with the Federal Reserve’s new payment system and will serve as an interface for FedNow.

FedNow will also connect with Metal Blockchain, whose CEO and founder claims will allow banks to prepare for an eventual central bank digital currency, along with bank-issued stablecoins.

The idea of a Central Band Digital Currency is already hugely unpopular with the majority of Americans. But according to Dale Houser, it is being set up to destroy alternative blockchain solutions such as Ripple and Stellar. And if the powers that be are successful in destroying the US economy, then the only other option to accepting a CBDC would be some sort of revolution. Which would be nearly impossible seeing as how divided the populist movement is within the left/right paradigm.

Last week in China, the World Economic Forum proclaimed that the entire world needs to switch to a Central Bank Digital Currency with expiry dates and restrictions on undesirable purchases. They proposed using artificial intelligence to censor hate speech and disinformation on the internet. And using artificial intelligence to control a global social credit system that will involve wearable devices with sensors to monitor everyone’s actions.

If we the people fail to unite against the powers that be, then their solution will most certainly be world war, depopulation, and total control. And this is all happening right now.

Video and Transcript by Greg Reese from Infowars.

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Comments 2

  1. Greg says:
    3 years ago

    A lot of distractions going on in the world today, but we should remember that Almighty God is poised to help his people. The Most High who proclaimed long ago through his servants the prophets that he only is the savior of Israel, or those who accept and partake in the covenant God made with Abraham and Jacob. This involves repenting from sin and ceasing committing sin which is known as walking in righteousness and following Yeshua the King.
    Christianity has blanketly denied the power of God’s Holy Spirit to cleanse them from all sin, refuse to keep his commandments and are proud and haughty regarding their supposed relationship with God. (Depart from me you that work LAWLESSNESS)
    The message is clear: repent of perish. Every word of God is pure and he is a shield unto them that PUT THEIR TRUST IN HIM (His WORD). Do not add to his word otherwise he will reprove you and you will be found a liar.
    Luke 8:21 (KJV)
    And he answered and said unto them, My mother and my brethren are these which hear the word of God, and do it.
    Luke 11:27-28 (KJV)
    And it came to pass, as he spake these things, a certain woman of the company lifted up her voice, and said unto him, Blessed is the womb that bare thee, and the paps which thou hast sucked. But he said, rather, blessed are they that hear the word of God, and keep it.
    God bless your endeavors to worship him in truth and spirit!

    Reply
  2. Dave Huff says:
    3 years ago

    The reckoning is going to be bloody……

    Reply

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