DIGITAL ID, CBDC'S - CATHERINE AUSTIN FITTS WARNS ABOUT A DARKER GOAL
Digital ID, CBDCs aim to enslave. They're slavers seeking control over land, gold, and the kids.
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SWIFT planning launch of new central bank digital currency platform in 12-24 months
SWIFT planning launch of new central bank digital currency platform in 12-24...
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NEW REPORT: âOver 98 percentâ of worldâs central banks gearing up for new system of programmable, trackable âdigital cashâ and 24 nations will have âlive CBDCsâ by 2030
The World Economic Forum claims, in a new report, that 98 percent of the worldâs central banks have agreed to implement the globalistsâ long-awaited dream of a cashless society.
Most central banks, such as the U.S. Federal Reserve, are quasi-government institutions owned privately by billionaire bankers.
And the WEF is not the first to reveal the plans of the globalist elite, which have been preparing for years to eliminate paper fiat currencies. But this latest report indicates the grand plan is now very close to being realized, perhaps just awaiting a triggering event â a Black Swan event of some type â before making the switch to âdigital cash.â
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BREAKING: AUSTRALIA HAS JUST BEEN MANDATED INTO THE AI WORLD SOCIETY VIA DIGITAL ID
This will lead to tracking and surveillance like weâve never seen.
House passes bill barring Federal Reserve from issuing digital dollar
The House passed a bill Thursday barring the Federal Reserve from issuing a central bank digital currency (CBDC) unless it has explicit authorization from Congress.
The CBDC Anti-Surveillance State Act passed the chamber by a 216-192 vote, almost entirely along partisan lines.
The move is largely symbolic, as the Fed has not put forward plans to issue a CBDC and has repeatedly emphasized that it would not move forward without congressional approval.
Even so, Republicans, including former President Trump, have voiced concerns about potential government misuse of a CBDC.
A CBDC is a digital version of a currency issued by a central bank. In the U.S., this would entail the Fed issuing a digital dollar that could be used the same way as a regular dollar.
House Majority Whip Tom Emmer (R-Minn.), who introduced the legislation, has argued that a digital dollar âcould give the federal government the ability to surveil Americansâ transactions and choke out politically unpopular activity.â
Emmerâs views on the issue track closely with those of Trump, who has vowed to block the creation of a CBDC if reelected.
âAs your president, I will never allow the creation of a central bank digital currency,â Trump, who is now the presumptive GOP nominee, said at a rally in New Hampshire in January.
âSuch a currency would give a federal government, our federal government, the absolute control over your money,â he added at the time. âThey could take your money. You wouldnât even know it was gone. This would be a dangerous threat to freedom.â
However, Rep. Maxine Waters (D-Calif.), ranking member of the House Financial Services Committee, argued on the House floor Thursday that banning CBDCs âdirectly threatens the primacy of the U.S. dollar.â
âThere is nothing inherent about a CBDC that would compromise privacy â that is a design feature that is within our control,â she added. âThis bill is, instead, an attempt to stifle U.S. innovation and competitiveness abroad, and to undermine the federal agency that is the most critical to fighting inflation.â
CATHERINE AUSTIN FITTS EXPOSES GLOBALIST BANKER COUP
Catherine Austin-Fitts exposing the banking coup and race towards Digital ID & digital currency worldwide.
Why going cashless has turned Sweden from one of the safest countries into a high-crime nation | Fortune Europe
Over 10,000 Swedish kronor ($1,000) had been siphoned from Ellen Bagley's account and the thieves disappeared into the digital shadows.
Although financial crime has garnered fewer headlines than a surge in gang-related gun violence, itâs become a growing risk for the country. Beyond its borders, Sweden is an important test case on fighting cashless crime because itâs gone further on ditching paper money than almost any other country in Europe.
âIâve heard from so many others who have told me âIâve also been scammed and felt so alone and ashamedâ,â she said.