Professor Richard A. Werner outlined the five pillars of Central Banks in 2016 and much of that is coming to fruition today.
Central banks have proposed the abolition of cash
Why then are central banks pushing the abolition of cash? The central banks seem to have responded to the revelation about their misinformation and manipulations with an audacious bid to concentrate all power further in their hands.
The ‘monetary reform group’ Positive Money appears well funded in the country of its founding (the UK), and it seems suggestive that its members have appeared at national and international events and conferences together – and apparently singing from the same hymn sheet – with the Bank of England and the George Soros (Gyorgy Schwartz)-funded INET (‘Institute for New Economic Thinking’).
Who should be the sole creator and allocator of all money, which would then all be digital? ...The central bank. So ‘reform radicals’ like Positive Money propose to make the Bank of England yet even more powerful.
Central banks are now in the process of consolidating their powers. They wish to get rid of competition in the form of paper money or bank credit. They are driving both cash and bank credit out of business through their negative interest rates, which are not designed to stimulate the economy, but to create deflation and further havoc. – Havoc that they intend to instrumentalise to accelerate their goal of becoming the complete masters of our lives, by allowing only digital currency that they issue and control – and that they can monitor in terms of all transactions, and that they can switch off, if, for instance, some pesky dissident criticizes them too much.
The Central Bank Game Plan In Under 3 Minutes – Richard Werner