{"id":271039,"date":"2023-07-14T07:04:52","date_gmt":"2023-07-14T07:04:52","guid":{"rendered":"https:\/\/www.thetruthseeker.co.uk\/?p=271039"},"modified":"2023-07-15T05:30:58","modified_gmt":"2023-07-15T05:30:58","slug":"wef-digital-cash-will-force-climate-agenda-onto-public","status":"publish","type":"post","link":"https:\/\/www.thetruthseeker.co.uk\/?p=271039","title":{"rendered":"WEF: \u2018Digital Cash\u2019 Will Force Climate Agenda onto Public"},"content":{"rendered":"

Frank Bergman \u2013 SLAY News July 13, 2023<\/strong><\/h1>\n

World Economic Forum (WEF) members are celebrating the emergence of \u201cdigital cash\u201d as governments around the globe prepare for \u201ccashless societies.\u201d<\/p>\n

During the WEF\u2019s \u201cSummer Davos\u201d event in China last month, attendees were buzzing about the advancement<\/a> of Central Bank Digital Currencies (CBDCs).<\/p>\n

Over 1,500 government, corporate, and academic leaders, including a large delegation from Saudi Arabia, gathered for the WEF summit in Tianjin, China on June 27\u201329.<\/p>\n

The main topic of discussion during the three-day conference, also called the Annual Meeting of the New Champions, was how the WEF\u2019s agenda can be amplified in \u201ccashless societies\u201d through the use of CBDCs.<\/p>\n

Chinese Premier Li Qiang kicked off the summit with an address in which he\u00a0called<\/a> for more globalization.<\/p>\n

The second-ranking member of the Chinese Communist Party also warned there will be more public health crises, which he suggested will bring new opportunities to advance the globalist agenda.<\/p>\n

\u201cCOVID-19 will not be the last public health crisis humanity faces,\u201d said Qiang.<\/p>\n

\u201cGlobal public health governance needs to be enhanced.\u201d<\/p>\n

Other notable moments included a panel discussion titled \u201cChina\u2019s Economy: The Big Rebound?\u201d during which Cornell Professor Eswar Prasad advocated for governments using CBDC to control citizens\u2019 purchases.<\/p>\n

As Slay News reported<\/a>, Prasad gloated that a \u201cdigital dollar\u201d could be used to strip Americans of their Second Amendment rights by blocking them from buying \u201cammunition\u201d and other \u201cless desirable items.\u201d<\/p>\n

A CBDC is a digital currency issued and governed by a central bank.<\/p>\n

In the case of the United States, a CBDC would be a digital currency issued and controlled directly by the Federal Reserve.<\/p>\n

A CBDC would replace cash for all transactions and be controlled by the central bank.<\/p>\n

It would be backed by the central bank and its value is manipulated by the Fed\u2019s monetary policies.<\/p>\n

However, whereas cash transactions are anonymous, CBDC transactions are not.<\/p>\n

The monitoring of CBDC transactions has already been confirmed<\/a> by Federal Reserve Chairman Jerome Powell.<\/p>\n

But anonymity would not be the only casualty of CBDC as one of the key features would be the ability to monitor what individuals purchase to control and limit what they spend.<\/p>\n

During a panel discussion at Summer Davos, Prasad boasted to WEF members that digital currencies offer governments the \u201cbenefit\u201d of controlling what taxpayers purchase.<\/p>\n

\u201cIf you think about the benefits of digital money<\/strong>, there are huge potential gains,\u201d he said.<\/p>\n

\u201cIt\u2019s not just about digital forms of physical currency.<\/p>\n

\u201cYou can have programmability [like] units of central bank currency with expiry dates,\u201d he explained.<\/p>\n

\u201cYou could have . . . a potentially better \u2014 or some people might see it, a darker \u2014 world, where the government decides that units of central bank money can be used to purchase<\/strong> some things but not other things that it deems less desirable<\/strong>, like say, ammunition<\/strong> or drugs or pornography or something of the sort.<\/p>\n

\u201cAnd that is very powerful in terms of the use of a CBDC.\u201d<\/p>\n

\n

World Economic Forum In China Last Week…<\/p>\n

CBDC's Could Be Programmed By Governments To Prevent Purchases It Deems Undesirable…<\/p>\n

"Like Ammunition, Drugs & Pornography" pic.twitter.com\/zyHOiLdgwX<\/a><\/p>\n

— Spiro (@Spiro_Ghost) July 5, 2023<\/a><\/p><\/blockquote>\n