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World’s Oldest Central Bank Keeps Sounding Alarm on Fragility of Cashless Economies. Are Other Central Banks Listening?
World’s Oldest Central Bank Keeps Sounding Alarm on Fragility of Cashless Economies. Are Other Central Banks Listening? At a time when the dominant narrative around cash is that its demise is all but inevitable, as well as broadly desirable, the 2024 payment report by Sweden’s Riksbank may offer a cautionary tale. In October last year, […]
The Fed Is Preparing to End Money as We Know It
The Fed Is Preparing to End Money as We Know It Big Banks, FedNow, and the Road to Fedcoin Every quarter, U.S. Bancorp (USB) releases something called U.S. Bank CFO Insights Report. It gathers insights from over 2,000 senior finance officers (CFOs) nationwide. It might not be everyone’s go-to read, but it’s a good way […]
Unification Of CBDCs? Global Banks Are Telling Us The End Of The Dollar System Is Near
Unification Of CBDCs? Global Banks Are Telling Us The End Of The Dollar System Is Near World reserve status allows for amazing latitude in terms of monetary policy. The Federal Reserve understands that there is constant demand for dollars overseas as a means to more easily import and export goods. The dollar’s petro-status also makes […]
Cashless Society: WEF Boasts That 98% Of Central Banks Are Adopting CBDCs
Cashless Society: WEF Boasts That 98% Of Central Banks Are Adopting CBDCs Whatever happened to the WEF? One minute they were everywhere in the media and now they have all but disappeared from public discourse. After the pandemic agenda was defeated and the plan to exploit public fear to create a perpetual medical autocracy was […]
IMF Prepares Financial Revolution – Say GOODBYE to the Dollar
IMF Prepares Financial Revolution – Say GOODBYE to the Dollar Global reserve currency status allows for amazing latitude in terms of monetary policy. The Treasury Department understands that there is constant demand for dollars overseas as a means to more easily import and export goods. The petrodollar monopoly made the U.S. dollar essential for trading oil globally […]
Money for Nothing and Nothing for Money
Money for Nothing and Nothing for Money “Society lives and acts only in individuals…. Everyone carries a part of society on his shoulders; no one is relieved of his share of responsibility by others. And no one can find a safe way out for himself if society is sweeping towards destruction. ” —Ludwig von Mises […]
“Shut up — or Else!”
“Shut up — or Else!” Certain establishment types consider my ideas extreme. They accuse me of being a conspiracy theorist or some kind of kook, way outside the boundaries of acceptable consensus. That’s fine, I expect that. If you threaten powerful interests, you can expect that they’ll try to discredit you. The fact is people […]
‘Britcoin’ “Will Change Everything”, Analyst Warns
‘Britcoin’ “Will Change Everything”, Analyst Warns A Bank of England (BoE) digital pound will be a “complete restructure” of the current financial system and can give the government more control on how people use their money, a financial analyst warns. Some 130 countries are exploring a central bank digital currency (CBDC), according to the Atlantic Council. […]
“A Global Digital Compact” – UN promoting censorship, social credit & much more
“A Global Digital Compact” – UN promoting censorship, social credit & much more Late last month the office of the United Nation’s Secretary General published a policy document on aims for the future of the internet.A follow-up to the 2021 report “Our Common Agenda”, the new report’s title says it all really, “A Global Digital Compact”. That’s […]
Project Icebreaker: The Beginning Of A One World Digital Currency System?
Project Icebreaker: The Beginning Of A One World Digital Currency System? There has been extensive discussion in the past couple of years within alternative media circles about the dangers of Central Bank Digital Currencies (CBDCs); a currency framework very similar to blockchain based products like Bitcoin but directly controlled by central bankers. It’s a threat […]
The Fed Proposes a 4th Function of Money: Means of Social Control
The Fed Proposes a 4th Function of Money: Means of Social Control A Federal Reserve white paper has come up with a new function for money. Let’s tune in. Image from Federal Reserve website. Docket No. OP – 1670 Please consider Docket No. OP – 1670 on Interbank Settlement of Faster Payments. The Federal Reserve Board announced that […]
Nigeria Limits ATM Withdrawals To $45 Per Day To Force Govt-Controlled Digital Payments
Nigeria Limits ATM Withdrawals To $45 Per Day To Force Govt-Controlled Digital Payments A staggering number of Nigerians love Bitcoin, but hate government cryptocurrency (CBDCs). In April, leading cryptocurrency exchange KuCoin noted that 35% of the adult population in Nigeria – roughly 34 million adults aged 18-60, own bitcoin or other cryptocurrencies. But when it came to the country’s Central Bank Digital Currency […]
Winter in Central Europe and for the dollar
Winter in Central Europe and for the dollar In this article I examine the current state of the fight for hegemonic control between America on the one side, and Russia and China on the other. It is being fought on two fronts. Ukraine, the one in plain sight, is about to endure a winter without […]
War on Cash: India Rolling Out Retail Pilot Program for Digital Rupee
War on Cash: India Rolling Out Retail Pilot Program for Digital Rupee NOVEMBER 23, 2022 BY SCHIFFGOLD 0 1 We recently reported that the Federal Reserve plans to launch a 12-week pilot program in partnership with several large commercial banks to test the feasibility of a central bank digital currency (CBDC). The US isn’t alone in experimenting with digital […]
