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Expiring Digital Currency - Ration Cards of the Future?

December 28, 2021

marx-private.png(Of course, it's your private property that will be abolished, not theirs. Yours will be theirs.)


Combined with digital ID (implemented under the guise of vaccine passports), central bank digital currency will lead to a new form of slavery where constant compliance with every demand of the elite is required to obtain the basic necessities of life.






by CR
(henrymakow.com)

The Bank of Canada recently published a paper (https://www.bankofcanada.ca/wp-content/uploads/2021/12/swp2021-67.pdf ) outlining a proposal for a central bank digital currency (CBDC) which expires.

own-nothing7.jpgWhen the World Economic Forum says "You will own nothing, and you will be happy", they aren't joking. If they get their way, you won't even be able to save money and will be living hand-to-mouth. Digital currency will be like a high-tech ration card, only valid for a given time and not renewed unless you are sufficiently obedient to the state.

The paper attempts to present expiring currency as a beneficial idea. Supposedly it will allow the central bank to reimburse lost or stolen money, but how does a CBDC have a greater risk of being lost or stolen than your account balance in our current system which exists as nothing more than numbers in a computer?

Give them and inch and they will take a mile. Like other globalist scams, once they have their foot in the door you can be sure they will exploit it to the fullest. "Two weeks to flatten the curve" has become two years of rolling lockdowns, forced masking, and mandated gene therapy injections.

Combined with digital ID (implemented under the guise of vaccine passports), central bank digital currency will lead to a new form of slavery where constant compliance with every demand of the elite is required to obtain the basic necessities of life.

This is what the WEF is talking about when they say "All products will have become services" by 2030 (https://www.weforum.org/agenda/2016/11/8-predictions-for-the-world-in-2030/ ). "Money" itself will become a service, giving you nothing more than temporary access to whatever the government permits.

Venezuela

An expiring currency of sorts has been established in Venezuela, by means of hyperinflation. On October 1st, a digital currency was put into circulation and 6 zeroes were cut off the value of the Bolivar (https://www.telesurenglish.net/news/Venezuela-To-Use-Digital-Bolivar-in-Its-Monetary-System-20210805-0004.html) .

Through engineered chaos and a Marxist government, the country with the world's largest oil reserves has been brought to its knees with hunger, crime, violence, and economic mayhem. Estimates of the rate of inflation vary from 1500% to near 3000%. Sell your car today, a year from now the same money might not buy you a toaster.

Without a contrived crisis, the public would never accept these sorts of policies. The response to the covid scamdemic has resulted in Western countries running massive deficits for two years in a row while small businesses suffer or close altogether, dependence on government handouts increases like never before, and many workers are forced into unemployment over gene therapy mandates.

The current situation in Venezuela is how North America and Europe may soon look if we don't change course and throw off the globalist shackles.

Technology is sold to the masses as a luxury, meant to make our live easier and more comfortable.

In reality, it is being used as a tool of mass surveillance and control.

If these plans are allowed to proceed, we will lose what few rights haven't been taken from us already.
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Related-- UK Inches Closer To Eliminating Private Car Ownership



Scruples - the game of moral dillemas

Henry Makow received his Ph.D. in English Literature from the University of Toronto in 1982. He welcomes your comments at