WARNING: World Bank Digital Currency
Think of this as giving an Un-elected body TAXATION RIGHTS
The Bank of Canada’s intent to implement a Digital Currency is EXTREMELY DANGEROUS.
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“We did a lot of research into what a central bank digital currency would mean, how to design one, and we’re now moving more from the sort of ‘R’ part of R&D [Research and Development] to the ‘D’ part and moving into developments.”
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He said the decision to move to adopt a central bank digital currency (CBDC) would not come from the BoC but rather from Parliament. Macklem’s speech centred around inflation and the actions taken by the central bank to bring it under control, but he also addressed the topic of CBDC during a “fireside chat” after his speech.
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The governor explained some of the factors that could lead to Canada adopting a digital currency, including if there was a rapid decline in the demand for physical banknotes. Another factor would be if a stable private sector coin, not denominated in Canadian dollars, became broadly used.
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Macklem said these scenarios could lead to Canada losing its monetary sovereignty, while noting however that the situation hasn’t reached that point. “Just to be clear, demand for banknotes actually continues to rise. It’s not rising as quickly as nominal GDP, but it is continuing to rise. It’s certainly not collapsing,” he said.
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Why this is so dangerous
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Most conservatives have already ended their daily brainwashing session with legacy MSM and are getting their News directly from the Internet. The governments of Western countries are losing CONTROL of their populations as that process continues, and that terrifies them. Look at this from their perspective … We The People out-number them by (pick a number) 50,000 to 1 ???
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Within 20-30 years Artificial Intelligence will devastate the work forces of Western nations. Large corporations will profit from that, not ordinary citizens, and many, many traditional small businesses will soon disappear. The integration of AI Technologies into the economies of Western nations (and China) places an upper limit on how long political stability can maintained.
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The Elites, Governments, and large International Corporations have been aware of this for some time. By 2009 the Central Banks of every Western country began printing money to pay for the expansion of government. Instead of investing the profits made by buying and quickly selling all that new money, companies typically used it to buy up their own shares, instead of using it to stimulate the economy as was intended. The Magic Money Tree worked well, but only for the very, very wealthy.
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Between 2009 and 2018 half of the World’s Wealth was transferred to a small, fraction of 1% of the world’s population. This created a war chest, and we are now fighting a war. No one less than Blackrock was acknowledge that governments are deliberately creating Inflation. Note carefully that the two countries world-wide, where the Wealth of the Billionaire Class increased the most, has been China and Canada. … YES, CANADA.
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It was not by accident that the most severe COVID-19 Restrictions in the world were implemented in Canada, and in the Province of Ontario in particular. Canada has been part of a WEF experiment, and it remains its darling. And it is also not an accident that the Trucker’s Convoy began in Canada and spread world-wide. We do have an influence.
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The poorer a population is the easier it is for a government to Control them. In the 1950’s, 1960’s and 1970’s Canada was the 2nd wealthiest nation on Earth. We are now 22nd on that list. Canada now has the lowest rate of single-family home ownership among the G7 nations. … KEEP IN MIND that during this time, Canada had both Liberal AND Conservative governments.
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There are three things with the potential to trigger a Civil War in Canada:
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1) Artificial Intelligence will create chaos in the workplace within 20 years.
2) Extreme censorship and an effective loss of Freedom of Expression.
3) An attempt to implement a World Bank Digital Currency, that in effect would give an unelected, foreign entity the equivalent to the power of taxation.
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Many are fixated on the loss of firearms rights as the greatest threat to Democracy. I think that’s wrong. A 10-cent disposable Syringe would be as effective a Weapon as an AR-15, in a low-level urban Civil War situation. Th continuing attack on our Rights and Freedoms has been slow and gradual and has been implemented primarily through changes in Legislation. Activist Judges have been finding new ways to interpret existing laws. Lawfare has become a Weapon of the State. And Populations in the West have thus far reacted much like frogs being slowly boiled to death.
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We know who our enemies are …
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Ø Government public health officials, CPSO, Health Canada, etc.
Ø Executives of the large pharmaceutical companies such as Pfizer and Moderna,
Ø University professors (Social Studies, Journalism, other non-STEM schools)
Ø Judges and crown prosecutors,
Ø Federal and provincial members of parliament,
Ø Well-known members of legacy MainStream Media, Fake News, ANTIFA, and ‘anti-hate’ groups.
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Social Justice Warriors are the Storm Troopers of Totalitarianism, and we need to find ways to STOP THEM DEAD IN THEIR TRACKS.
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Here is one more important TRIGGER ...
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A loss in trust of the Canadian Justice System. The use of LAWFARE by all levels of government is becoming very common.
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