The Currency of Globalism
Fiat currency, and the perpetual obligation it wields, has resulted in the loss of sovereignty of many nations, including the United States of America.
The primary theme of globalism is centralization through monopolization and an effort to control human populations and commerce. The primary mediums of globalism are international treaties, non-elected central government, sustainable development initiatives, an oligarchy of global corporations, and manipulated currency. Central banks in the United States and abroad have long been interrelated. From the International Bank of Settlements to the World Bank, to the International Monetary Fund, to most national Central Banks, a small group of elites reportedly guide policy and benefit from the constant borrowing of insolvent governments.
Controlling global currency has most recently been achieved through the hegemony of oil and the standardization of the U.S dollar as the global reserve currency. But with unsustainable debt levels and a timely failure of central bank control of inflation, a new shell game is on the table.
From Paper to Digital
The world has traded privacy for efficiency and convenience. From corporate records to checks, to invoices, to signatures, most processes and instruments of commerce are digital. The digitization of national currencies may seem like an obvious evolution, although we may consider the risks to privacy and Liberty, two of the purported core tenets of digital money.
Since the release of the first Bitcoin client on January 9, 2009, cryptocurrency has gained unprecedented popularity among investors and proponents of decentralization. While I deeply value the potential of decentralized currency and the sovereignty it may enable, it is not far-fetched to imagine the manipulation of prominent digital coins by their largest investors.
The road is paved for the broad-scale introduction of digital currency. Combine this with a lack of mainstream understanding of the features which allow digital currency to enable sovereignty and compete with Central Banks. New Central Bank Digital Currencies (CBDC) will not include many of these features, such as private transactions, competition among coins, the absence of counterparty risk, and obligation-free transactions.
Social Credit via Programmable Currency
In a must-watch episode of the Joe Rogan podcast, Maajid Nawaz succinctly articulates why CBDCs will be 'programmable.' The Federal Reserve and the central banks of G7 countries will soon establish direct accounts with citizens and therefore directly control the use of currency.
When the money printer becomes political, its politics get built into currency. We must be cautious that commerce does not become inextricably tied to secular religion, be that urgent environmentalism, Eugenics, artificial patented foods, and philosophies that deny natural biology. When currency becomes political, democracies and Republics that participate become subordinate to the politics of the money printer.
Blackrock is an advisor to the U.S. Federal Reserve and many central banks worldwide. Ironically, they appear to be a primary promotor of ESG standards, along with the World Economic Forum and their allies in the Chinese government. As ESG shifts from a mechanism of 'corporate governance’ to a condition of consumer behavior, the global corporations in Blackrock's portfolio could become a direct form of government.
Eat crickets and artificial meat, and your social credit score will increase; visit these websites or engage in 'wrong-think' and we may deny access to the internet, your phone, or bank accounts. If the word conspiracy enters your mind, refer to recent actions by GoFundme.com and PayPal. Can you imagine the planned and widely promoted social credit program enforced by the issuers of a national currency?
But before introducing a digital currency, the printers must collapse the existing system of money.
Economic Collapse by Intentional Inflation
Intentional inflation has long been a tactic to usher in militant political systems that only survive in societies with high rates of financial dependency. The root cause of inflation is more closely related to the printing of fiat currency than the Keynesian excuse of supply and demand. Supply and demand clearly affect pricing, although the history of inflation in the United States points to periods of perverse government spending (i.e., borrowing) and war as the primary drivers of inflation. When money is debt, the interest created results in the exponential demand for labor and production and an inherent dilution of monetary value. While inflation is superficially perceived as a rise in prices, it is actually the dilution of the value of money, proportional to the amount of newly minted currency in a given period, divided by the total available in circulation.
Unfortunately, those who control the cost and availability of money benefit from unsustainable inflation. Additionally, those with access to the Fed Funds rate and information about the timing of market corrections become the beneficiaries of inevitable distressed assets, including real estate, operating businesses, and consumer debt. This blatant conflict of interest between central banking and consumer and private interests will exacerbate with a digital currency with no sound basis of value, likely resulting in unlimited inflation.
Decoupling Currency from Oil
One of the key distinctions of the new Carbon economy is decoupling the primary energy source of oil from currency. This new economic model of Carbon results in the transfer of value creation from oil exploration and royalties to CO2 storage and carbon credits. Virtually all historical efforts to decouple currency from a recognized store of value resulted in uncontrollable inflation. Some claim Bitcoin's value derives from energy use related to the clearing of each transaction. However, it is unusual to base the worth of currency on a commodity consumed at the moment of exchange.
CBDCs do not appear to have any basis of value. Nor do they appear to benefit consumers and savers as much as their use as a tool for surveillance and tightly regulated economic activity. All money should serve as a fungible exchange for labor, although CBDCs can also be vectors of a grading system of social credit defined by those who issue money.
The Global Launch of CBDCs is Upon Us
Currently, 105 nations representing 95% of global GDP, are in late-stage discussions to introduce a digital currency. But who are driving these decisions?
Catherine Austin Fitts, highlights many of the risks of CBDCs in her presentation, ‘the going direct reset.’ In minute four, she shares a clip of the General Manager of the International Bank of Settlements confessing the real motivation of CBDCs and the elimination of cash. Joe Biden's recent executive order, Ensuring the Responsible Development of Digital Assets, makes clear the intention of our Federal government to regulate the use of digital currencies, which threaten the monopoly of CBDCs. The executive branch of the United States government appears to be reading from a teleprompter written by European bankers.
Current proposals for CBDCs do not appear to respect privacy, sovereignty, and decentralization; they cater to control and unlimited dilution of their unsupported value. They may also be the ultimate mechanism of global communism, as debt and financial controls are the ultimate forms of slavery.
The Way Forward - Localization and Decentralization
Mahatma Gandhi said, ‘Democracy will be won in the villages.’
To counter pressing attempts of global centralization, we can shift to mechanisms and systems of localization and decentralization. Until a sound version of Federal money is established, fair competition between various decentralized coins will help reduce intentional inflation and the continued politicization and abuse of fiat currency. Localization and decentralization will benefit many other aspects of society, from agriculture to energy, banking, manufacturing, education, and communication.
The concentration of global wealth has created a dangerous effect of concentrated control. ‘Programmable' digital currency, the coming regulation of existing decentralized cryptocurrency, social credit scoring, and the elimination of cash are grave risks to individual Liberty and the financial and political sovereignty of America.
Control originates from fear, and Liberty is inherent to man's spiritual nature in Love.
Billions of global citizens will soon realize their livelihoods and culture are at odds with the motivations of the Great Reset and Central Bank Digital Currencies. If massive protests in Europe, Australia, New Zealand, Sri Lanka, and the Netherlands have proved anything, it is that human beings will stand to defend Liberty. The elites pushing for CBDCs will likely achieve their goals in the short term, although they eventually will face great opposition from the masses that will define history.
My prayer is for peace. And my prayer is for Freedom.
References:
1) WHO Pandemic Treaty - https://www.who.int/news/item/01-12-2021-world-health-assembly-agrees-to-launch-process-to-develop-historic-global-accord-on-pandemic-prevention-preparedness-and-response
2) World As A Monopoly – gcp - https://www.gregorychristianporter.com/all-posts/lpxclcabchb6rgjjkn5wcw7t45fxmn
3) Creature from Jekyll Island - https://www.abebooks.com/servlet/BookDetailsPL?bi=22540864165&searchurl=an%3Dgriffin%26sortby%3D17%26tn%3Dthe%2Bcreature%2Bfrom%2Bjekyll%2Bisland&cm_sp=snippet-_-srp1-_-title1
4) Manipulation of Crypto - https://www.crypto-news-flash.com/lark-davis-exposes-the-biggest-bitcoin-price-manipulators-in-the-world/
5) The road is paved for the introduction of Digital Currency -
6) Joe Rogan / Maajid Nawaz -
7) Eugenics in America - https://www.thenewatlantis.com/publications/philanthropys-original-sin
8) The Diet of the Global Reset – gcp - https://www.gregorychristianporter.com/all-posts/3ccbslmgzycl2k6xe9ktnlkdc83px3
9) Blackrock Advisor to Central Banks - https://www.investigate-europe.eu/en/2019/blackrock-the-financial-leviathan-that-bears-down-on-europes-decisions/
10) Blackrock ESG - https://www.blackrock.com/ch/individual/en/themes/sustainable-investing/esg-integration
11) WEF / China - https://www.weforum.org/press/2022/01/china-s-president-xi-opens-davos-agenda-with-call-for-greater-global-cooperation-to-tackle-common-challenges/
12) Corporations Are Governments – gcp - https://www.gregorychristianporter.com/all-posts/e2yzy6setx2wehph7632wgpahl6z69
13) The Diet of the Global Reset – gcp - https://www.gregorychristianporter.com/all-posts/3ccbslmgzycl2k6xe9ktnlkdc83px3
14) GoFundMe / Canada Truckers - https://www.nationalreview.com/news/gofundme-blocks-10-million-in-donations-to-canadian-trucker-convoy/
16) The End of Inflation – gcp - https://www.gregorychristianporter.com/all-posts/e2clmxgntbapnkaaabepla3ngfkxmc
17) Militant Political Systems – Reichsbank - https://en.wikipedia.org/wiki/Reichsbank
18) Imprimus Inflation - https://imprimis.hillsdale.edu/inflation-united-states/
19) Fed Funds Rate - https://www.investopedia.com/terms/f/federalfundsrate.asp
20) From Oil to Carbon - https://www.gregorychristianporter.com/all-posts/nb599z344bp9b8gxnxxbgrmkyaxyag
21) Central Bank Digital Currency - https://www.atlanticcouncil.org/cbdctracker/
22) Catherine Austin Fitts - https://www.brighteon.com/695a9940-317c-4c04-815a-013635ce4d3f
23) Joe Biden’s Exec Order – Ensuring the Responsible Development of Digital Assets - https://www.whitehouse.gov/briefing-room/presidential-actions/2022/03/09/executive-order-on-ensuring-responsible-development-of-digital-assets/