CBDCs inch closer with announcement of ‘digital wallets’ by Big Banks
The cashless society envisioned by globalists tyrants continues to move forward with hardly any pushback
“Whether you are ready or not, central bank digital currencies are coming and with them, the total domination and control of governments over the people they rule. Relatively few people actually understand just how enslaved they are going to be.”—Mac Slavo
Slavo has described central bank digital currencies (CBDC) as the “totalitarian endgame” for the globalists looking to enslave the masses.
I wrote in December about how the CBDCs are advancing quickly without any real pushback, and CBDCs are the ultimate tool for tyrants.
Nothing has changed. CBDCs are right around the corner, and the public remains locked in their collective ignorance.
The latest news suggesting CBDCs are near comes from Reclaim the Net which reported that big banks, such as Bank of America and J.P. Morgan, have announced plans to launch digital wallets to be up and running this year as they “push for a cashless society.” Reclaim the Net added that this comes as “governments and financial institutions have been pushing for contactless payments in recent years with the launch of central bank digital currencies.”
David Leach wrote for Strident Conservative:
“Big government and big banks have joined forces to create a digital currency that can be used to routinely and covertly manipulate how people spend their money, which is why recent news of a 2023 launch of ‘digital wallets’ should be of great concern to lovers of liberty.”
There are 114 countries exploring CBDCs, and they represent 95% of the world’s gross domestic product, according to the Wall Street Journal. America is one of those countries, but the WSJ stated that Federal Reserve chairman Jerome Powell has stated no CBDC would be created without the approval of Congress.
First off, if you believe that the Fed cares what Congress has to say, you’re a fool. Second, Congress has no desire to stop CBDCs. There’s a bipartisan effort in the U.S. House Financial Services Committee to push this tyrannical tool out as quick as possible, as David Knight noted.
As Knight noted, congressmen in both parties are saying, “We’ve got to do it, and we’ve got to do it fast. We’ve got to accelerate this because China’s going to do it, and they’re going to do it first.”
That’s absolutely what’s coming out of both political crime families in D.C. They want to be the first nation to introduce the tool of tyranny, like Rep. French Hill (R-Arkansas) who stated:
“America must not fall behind. I urge the Federal Reserve Bank of Boston to expeditiously release its own report with the Massachusetts Institute of Technology (MIT) on the technological considerations of a CBDC, including the code that could be potentially used.”
There are two big reasons why the globalist authoritarian central planners want a CBDC.
The first is they want power and control over all of us. The globalists of the World Economic Forum (WEF) are big pushers of CBDCs.
The globalists will have total access to your data and total control of your purchasing power with CBDCs. The “vaccine” passport will be implemented with ease, as Tony Blair argued for at this year’s WEF confab:
“In the end, you need the data. You need to know who’s been vaccinated and who hasn’t been. Some of the vaccines that will come down the line, there will be multiple shots. So, for reasons to do with healthcare more generally, but certainly for a pandemic or for vaccines, you’ve got to have a proper digital infrastructure. And many countries don’t have that, and in fact, most countries don’t have that.”
The second reason the central planners want CBDCs is one of necessity. These central planners have destroyed our currencies, and it’s just a matter of time before the fiat dollar is worthless. Of course, the central planners will never consider returning to real money, gold. They need to have a currency that increases their power, increases their control.
Matthew Piepenburg wrote for Gold Switzerland:
“When broken, debt-soaked ‘developed economies’ suffering from years of fantasy money printing to ‘solve’ fatally rising debt levels collide with history-blind and economically-ignorant policy makers, the end result is always the same: Liberty sinks, currencies die and control rises.”
“This is not sensationalism, but the toxic evolution of economic, political and psychological patterns seen throughout time.”
“Sadly, our ‘times’ (as well as the global abundance/convergence of weak leadership) are no exception.”
“Or stated more simply, inept financial and political leadership leads to even more dangerous financial opportunists and tyrannical policies masquerading as efficient solutions.”
“Toward this end, the evidence is literally everywhere—left, right and center.”
False god of Convenience
“At some point, the rulers will attempt to roll out the CBDC and they’ll make it look appealing. Sadly, many will fall for it and will become permanent slaves with no chance of escape. It’s up to all of us to know this and resist it at all costs.”—Mac Slavo
I’ve written about how the American people have been trained to accept their slavery. They go right along with it. One of the many ways Americans submit to it is through their love of convenience.
Convenience will be sold to the public as why they should accept CBDCs, and the vast majority will go right along with it. Even if you can convince them that their purchases will be tracked and monitored, they will shrug it off because convenience is more important to them.
As Slavo wrote in the piece linked above, nearly two-thirds of Americans went cashless in 2022. They just swiped the plastic. Less than a decade ago, in 2015, less than 25% of Americans were cashless. Slavo wrote:
“The ruling class and mainstream media continue to tell the public that paper currency and coins are unsanitary, inconvenient, costly to handle, and easy to steal. Criminal enterprises thrive on the portable anonymity of the hundred-dollar bill. Cashless transactions solve those problems, advocates say. They also allow Big Brother to track the American consumer’s every move.”
Keep in mind that businesses are charged fees whenever a customer uses a credit card rather than cash, and those fees are going up. Yet, businesses don’t care.
It used to be we were taught credit cards were for emergency use only. But the American people love that convenience.
I, on the other hand, have always used cash primarily. My credit cards, only there when needed. And I must be questioned for daring to use cash.
That’s at least how I felt last week when I deposited some checks at the bank. I was offered a deal on one of the bank’s credit card if I signed up. I respectfully said I don’t need a new credit card. Then, I was asked probing questions about why I use cash. I was then pitched on the flaws of cash and the glories of credit. Suffice it to say, I did not submit to the propaganda.
What We Can Do
Catherine Austin Fitts and Carolyn Betts offered advice on how we, as individuals, can stop CBDCs. They wrote for Solari Report:
“It is important to recognize that there is a great deal that each one of us can do to take action. In a highly leveraged financial system such as we have, a single individual counts for a lot….”
“Central banks are pushing for central control—they believe if they do not do so, they will lose control. Given that they do not provide essential functions and their exercise of control is exceptionally damaging and expensive, that could be a very good thing for both our freedom and our pocketbooks.”
“The opportunity depends on our leadership. So start leading where you can and as you can. You never know what can happen until you try!”
Their first piece of advice, use cash as much as possible, and refuse to do business with anyone who refuses cash.
Second, they argue to “nurture analog.” What we must stop is an “all-digital system.” It’s ok to sometimes use credit cards and other payment methods than cash. But avoid things like QR codes and biometric technology at all costs.
Third, seek people with integrity to do business with, “even if to do so appears to cost more.”
Fourth, use local banks and credit unions for your banking. Get away from the big national banks. And build relationships with your bankers. Make sure they have on their radars the danger of CBDC.
Fifth, stop financing your enemies and start financing your friends. Reduce your online purchases and look for local providers for your goods and services.
Sixth, support state legislators who are proactively taking steps to protect their citizens through creation of state banks.
Seventh and eighth, demand your elected officials hold the Federal Reserve accountable and they demand an immediate exit from the World Health Organization.
Ninth, oppose taxation without representation. That’s exactly what CBDCs will give us, taxation without representation.
Tenth and eleventh, inform your friends and family and make sure you do not fall for the propaganda yourself.
Twelfth, they write:
“CELEBRATE THE OPPORTUNITY. Decentralizing financial power can significantly improve our economy. It is a serious opportunity if we can grab it. Join with interested neighbors and explore practical opportunities—particularly around local fresh food. If we grow our own food supply, it will make it much harder for the bankers to control the transaction system. Start a Solari Circle if you want to defend each other and take local action together.”
If you value liberty, you must oppose CBDCs.