(Kit Knightly) A new report from the Bank for International Settlements estimates that up to 90% of national central banks are at least in the planning stages for launching a central bank digital currency (CBDC):
currency
Why Radio Gear Just Might Be the Perfect Barter Currency
(Aden Tate) ‘Transitory’ inflation never was. This was permanent from the beginning. Inflation in the US is here to stay and is only going to grow worse. While precious metals are great, I think there’s much to be said for preparing for a barter economy as well. And as Selco pointed out in a prior article, this very well may be the area that the US is headed for patriotic Americans.
Bank Runs Begin in Russia, Serving as a Reminder for ALL People To Question the Stability of All Banks Around the World
(Lance D Johnson) Bank runs have already begun in Russia. The Russians are flocking to the banks and ATMS, as Russian banks are cut off from The Society for Worldwide Interbank Financial Telecommunication (S.W.I.F.T.). This international system is the main messaging network by which banks process financial transactions worldwide. Global institutions are targeting Russians at a rapid pace. Entire banks are being “canceled” in Russia, and the citizens there will ultimately be the ones who suffer.
VIDEO EMERGES Of Biden’s Soviet Born Pick For Comptroller of The Currency Saying She Wants Coal Oil and Gas Industries “To go BANKRUPT to tackle climate change”
(Patty McMurray) A video has emerged on Twitter showing Soviet-born Saule Omarova, who is President Joe Biden’s pick to lead the Office of the Comptroller of the Currency, saying she wants coal, oil, and gas companies “to go bankrupt so we can tackle climate change.”
Venezuelans Turn To Gold Nuggets As The Local Currency Implodes
(Joseph T. Salerno) The Venezuelan government recently lopped off six zeros from its hyperinflating currency, the bolivar. The highest denomination currency note of 1 million bolivars, worth less than $0.25, was replaced by a one-bolivar note. At the same time, a 100-bolivar note, worth about $25.00, was introduced as the new highest denomination of the bolivar. The currency conversion was designed to spare the government the embarrassment of having to issue a 100-million bolivar note to enable people to purchases everyday items without having to carry around bundles of notes, given that the price of a loaf of bread had risen to 7 million old bolivars. Of course, the arbitrary scaling down of the denomination of the currency will not slow inflation, because the new currency notes can be printed just as cheaply as the old. The bolivar has already lost 73 percent of its value in 2021 alone and the IMF estimates the annual inflation rate will reach 5,500 percent by the end of 2021.
Biden’s Pick for Comptroller of the Currency, Saul Omarova, Born In the USSR Is Known for Her Pro-Communist Remarks
(Joe Hoft) Creepy Joe Biden picked Saule Omarova to be his Comptroller of the Currency. Her pro-communist remarks put the US Dollar in immediate peril if nominated.
Venezuela’s Central Bank Will Launch Digital Currency Oct. 1 to “Stabilize the Economy”
(J.G. Martinez) I have been home for over two months now, and I have only acquired four banknotes of 500,000 Bolivares each. Finding cash is a pain. I went to see if the bank could unlock my old account. Unfortunately, there is no way, and I will have to open a new one. And wait for God knows how much time for something as simple as an ATM card. The wait can be months in this small town.
Russia Dumping All U.S. Dollars in Its Sovereign Wealth Fund and Will Switch to Euros, China’s Yuan and Physical Gold
(JD Heyes) Likely sensing that the Biden regime is out to crash the U.S. economy with its job-killing, dependency policies, Russia is moving to ditch all dollar holdings in its ‘rainy day’ fund and replace them with gold, euros and China’s yuan.
The Great Reset is Coming for the Currency
(Stefan Gleason)As the Great Reset proceeds from globalist think tanks and technology billionaires to allied media elites, governments, schools, and Woke corporations, what will be “reset” next?
Massive Federal Reserve Outage | Trust, Clearing Houses & Understanding Advanced Economies (Video)
Massive Federal Reserve Outage | Trust, Clearing Houses & Understanding Advanced Economies (Video)
GROUNDBREAKING: For The First Time In 25 Years, US Treasury Just Designated China A Currency Manipulator
(Zero Hedge) Following the plunge in the yuan overnight, The U.S. Treasury Department on Monday designated China as currency manipulator, a historic move that no White House had exercised since the Clinton administration.
GLOBAL RESET NEWS: This is Why Central Banks Are Now Hoarding Gold
GLOBAL RESET NEWS: This is Why Central Banks Are Now Hoarding Gold
Can We Do Without Money?
(Anthony Migchels) As it is clear that money throughout most of history has been the key source of domination by the ‘hidden’ World Government, it is natural that many conclude that money itself is the problem, and that it must go.