04/30/2024 / By Ethan Huff
There is not much time left before all your paper and coin cash becomes obsolete, followed by its replacement with digital cash.
In a new report, the World Economic Forum (WEF) states that 98 percent of the world’s central banks have agreed to implement the globalists’ long-awaited fantasy of a completely cashless world – that they themselves control, of course.
The Federal Reserve here in the United States – which is not really federal but rather controlled by a cabal of “elite” billionaire bankers – is fully on board with the scheme. All it is waiting for is a “black swan” triggering event, i.e., the collapse of the stock market, to make the switch.
(Related: Last summer, the International Monetary Fund announced that it is “working hard” on a new global CBDC platform that will eventually replace the U.S. dollar and other national currencies.)
Entitled “Modernizing Financial Markets with Wholesale Central Bank Digital Currency,” the WEF report states that a centralized CBDC will soon be ready to facilitate a transition into the globalists’ version of a new world order, which simply builds upon the tyranny of the existing one.
“Over 98% of the global economy’s central banks are researching, experimenting, piloting or deploying [CBDCs] to determine how to modernize the capabilities of and improve access to central bank money (CeBM),” the report states.
“With this backdrop and a recent survey finding that there could be 24 live CBDCs by 2030, the importance of clarifying the role of CeBM and wholesale CBDC in the next generation of wholesale financial markets is underscored.”
Another likely black swan that could end up facilitating the transition is the collapse of the petrodollar, which is right now being replaced by other currencies by members of BRICS (Brazil, Russia, India, China and South Africa). Once the petrodollar goes away, the system will be ready for the final transition into a globalist fever dream of tyranny and authoritarianism.
“This collapse has already been pre-designed,” says Leo Hohmann. “The only question is whether it will continue to unfold gradually or if it will take place suddenly in the wake of a catastrophic cyber attack or some other ‘Black Swan’ event.”
“WEF founder and director Klaus Schwab is on record predicting a devastating cyber attack that will shut down all or nearly all communications, transportation and financial transactions for an extended period. There was also this warning five years ago from the CEO of Charles Schwab (no relation to Klaus).”
Perhaps the clearest indication we have that the globalists have been planning the dollar’s demise for many years came from Dr. Pippa Malmgren back in March 2022 while addressing the World Governments Summit:
“I’ll say this boldly: We’re about to abandon the traditional system of money and accounting and introduce a new one. And the new, the new accounting is what we call blockchain. It means digital. It means having an almost perfect record of every single transaction that happens in the economy, which will give us far greater clarity over what’s going on.”
Malmgren said this while most of the world was still dealing with the Wuhan coronavirus (COVID-19) “pandemic” psychological operation, which continues to play a pivotal role in the planned destruction of the U.S. economy, 9/11 style.
“Digital cash is not cash at all,” Hohmann warns.
“It is not only digital but programmable, meaning someone outside of your control will have the ability to turn it on and off, or program it in such a way that makes it applicable only at certain stores or for certain goods and services, not others.”
The engineered takedown of the U.S. and the West at large is well underway. Learn more at Collapse.news.
Sources for this article include:
Tagged Under:
cashless, CBDC, Central Bank Digital Currency, central banks, Collapse, crypto, cryptocurrency, digital cash, digital currency, dollar, dollar demise, economic collapse, economics, economy, finance, finance riot, Globalism, money, New Age
This article may contain statements that reflect the opinion of the author
COPYRIGHT © 2018 CRYPTOCULT.NEWS
All content posted on this site is protected under Free Speech. CryptoCult.news is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. CryptoCult.news assumes no responsibility for the use or misuse of this material. All trademarks, registered trademarks and service marks mentioned on this site are the property of their respective owners.