Ernst Wolff unveils
a nightmare scenario.
Let's hope he is wrong.
"Social unrest is needed for the restructuring of the monetary system because the new monetary system is nothing short of the complete subjugation of the entire population to the interests of the digital-financial complex [i.e. central bank cartel-hm.] "
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...
Social unrest is needed for the restructuring of the monetary system because the new monetary system is nothing short of the complete subjugation of the entire population to the interests of the digital-financial complex [i.e. central bank cartel.]
The latter will not only be informed about every single transaction of every single citizen, but will also be able to withhold payments, bind them to deadlines or even restrict them geographically. It will be able to arbitrarily charge negative interest rates, favor selected occupational groups, disadvantage others, make payments dependent on behavioral codes, and completely cut off individual citizens from access to their money.
Central Bank Digital Currency (CBDC) no longer has anything in common with the money the world has so far known. Regardless of how democratic a constitution may be, the introduction of CBDC marks the end of all democracy, because it hands citizens over to the unlimited arbitrariness and total control of the central bank and the tech corporations that cooperate with it.
Under normal circumstances, no population would accept the introduction of such a monetary system without considerable resistance. Therefore, the digital-financial complex has obviously chosen a strategy of deliberately triggering the worst recession in a century, creating mass unemployment, promising aid payments but failing to meet the deadlines, and, in addition, creating political upheavals, setting different population groups against each other and triggering social turmoil.
By allowing the military to intervene and afterwards allowing the central bank to distribute the new money as a 'universal basic income' via emergency decrees, the unholy trinity of central bank, tech corporations and financial institutions will even manage to make its actions appear not as an act of coercion but as an act of humanity. The past nine months of the 'war against the pandemic' have proven how well this strategy works: The measures, which have lowered the standard of living of nearly two billion people, driven 130 million into hunger and destroyed millions of livelihoods forever, are still presented to the world as a "protection against a disease".
Thanks to Joe for the tip!