henrymakow.com – Jan 19, 2021
Ernst Wolff unveils a nightmare scenario. Let’s hope he is wrong.
by Ernst Wolff — (abridged by henrymakw.com)
After having been revived several times… by the central banks, the global monetary system, which is built around the dollar, is showing increasing signs of decay and cannot be kept alive very much longer.
The collapse of the stock markets at the turn of 2018/2019, the problems in the U.S. repo market in September 2019 and the renewed near collapse of the global financial system in February/March 2020 have clearly shown that the central banks’ options for future bailouts have largely been exhausted.
For this reason, a radical solution has apparently been opted for: According to reports from Washington, President-elect Biden will announce a total lockdown lasting several months immediately after taking office and, together with his designated Treasury Secretary, former FED head Janet Yellen, will fuel the largest monetary injection to date, amounting to almost two trillion dollars.
Following the lockdown, the banking system in its traditional form will be ended and money creation will be placed solely in the hands of the central bank. U.S. citizens are to have only one account directly with the FED in the future…
They don’t need to do anything in particular to issue digital currencies. Money is already digitally created. We have Bitcoin and a raft of digital mechanisms of exchange. Each one is so say secured by complex code and the entire system is accounted for every few minutes, 24/7.
The digital coin is another matter, but it doesn’t require any social construct apart from the fact that the US regime is spewing cash at its third-world sheeple. Each digital coin can be issued with code controls where said D-coin can be used. So the D-coin might only allow use in Walmart or an Apple store. You want some phone data, so you can only use it with Verizon. They could permit you to buy illegal drugs, but the regime would know who you bought your class A drugs from and if they don’t hold an FBI license to sell class A drugs… well, you can see where this is going. lol
Here in the UK, they pay housing benefits directly to the landlord, because in most cases the landlord is required to send said housing benefit to the City crime cartels. But any benefit could be paid as a digital coin with limitless controls. Very easy to see how digital coins fit in with a social score system.
All of this is completely different from a US dollar replacement as a global trading currency. The often touted Bretton Woods 2 requires agreements from China, India, Russia & many other nations who are fed up with the US taking a slice of the action on every trade transaction. I could be wrong, but I can’t see how the US and UK will resurface from this process positively. April 2021 will see where the City stands on EU access. The Bank of England puppet Andrew Bailey warns about the City being an ‘EU rule-taker’. We will see, but April will provide clues as to which part of the ocean floor bankrupt England is heading to.
Again I wonder just how much is beyond the control of the elite, whose claim they control the chaos is the desperate attempt to keep control of the narrative. Nobody can dictate the course of chaos and it’s likely chaos is the last thing they want. They control just about everything so they should be able to control the transition into something; but if there’s chaos then they’re losing control of order. They can’t admit to losing control of order so they create the psy-op to imply they need chaos for change when they don’t need chaos for change, They need to be in control and they’re losing it. Chaos can bring about their defeat.
I owe my soul to the Company Sto’.
It certainly fits THEIR Protocols, so definitely seems yes https://defending-gibraltar.net/t/what-more-proof-is-needed-that-the-covid-19-lockdowns-tests-vaccines-scamdemic-is-satanic/1133
I agree with Carl. To introduce a digital currency, they do not have to scam us with civil unrest, a fake pandemic or unjustified lockdowns. They just want complete control over us. They have basically gone digital anyway but they obviously want something much more.