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Fourth World,
November 8th
The first stage of a global financial reset is now clearly coming into focus. The central banks of Israel, Norway and Sweden have signed off on a project led by the Bank of International Settlements (BIS) that will test the feasibility of using central bank digital currencies (CBDCs) for cross-border payments. Similar international initiatives to test the use of central bank digital currencies have been implemented in China, Malaysia, South Africa and the United Arab Emirates. Turkey is also launching a central bank digital currency (CBDC) that will be integrated with the country’s digital identity system and its Central Bank’s instant payments service.
The Israeli-Scandanavian project known as Icebreaker will enable fast cross-border transactions using central bank digital currencies at significantly lower cost compared to existing systems for cross-border use of central bank digital currencies.
Along with the Innovation Hub and the three participating central banks that will connect the proof-of-concept CBDC systems of the Bank of Israel, Norges Bank of Norway and Sveriges Riksbank of Sweden, the project will also involve local providers of participating digital currency wallets, exchangers, retailers and consumers.
The stated aim is to "reduce operating expenses" arising from the use of central bank digital currencies and increase the speed and transparency of transactions. The BIS expects to have a final report on the experiment's results by the first quarter of 2023.
Officials at the central bank of Israel, Norway and Sweden noted that this project will help them to further develop their own central bank digital currencies – the digital shekel, digital crown and e-krona, respectively.
The implications and negative impacts on society
This is one of the first projects testing central bank digital currencies on a large scale. It comes as several other nations move to monitor and restrict individual bank transactions. The government of the Netherlands is currently looking to pass a
law that would force banks to track and trace all transactions over 100 euros. Beyond the
invasion of citizens’ privacy, it appears as a
preparatory step to the implemention to Holland's own digital central bank currency.
As the entrepreneur-investor Anthony Pompliano wrote last March, “central bank digital currencies will be one of the greatest violations of human rights in history.” Central
bank digital currencies, says Pompliano, remove the privacy and decentralised nature of
physical cash, and create an environment where
central banks have complete control over every aspect of a citizen’s
financial life.
All the supposed benefits coming from central bank digital currencies are already present in cryptocurrencies and digital payments. Yet while decentralised cryptocurrencies are derided as 'unsafe', government-controlled programmable Central Bank Digital Currency (CBDC), are being steamrolled into existence.
The emerging switch to a digital transaction system also reveals one of the key reasons for the pseudo-medical tyranny of the past two and half years. Vaccine passports were always intended to be data passports in reality. In order to bring in a central bank digital currency, a digital ID is required. And in order to bring in the digital ID, a “pandemic” was required to justify vaccine passports. The digital ID, in whatever form it takes, will determine our participation (our allowances and our compliance) in the new system.
This top-down system of CBDC control dovetails perfectly with the green energy movement, which
is designed to produce energy scarcity within a digitally monitored
smart grid connecting electricity, gas, and energy usage to citizens’ digital IDs. In line with this rationing drive, for example, the World Economic Forum is now pushing a “Battery Passport,” escribed as “a digital ID for car batteries”, in order to monitor “the impact car
batteries have on the environment” and track the “greenhouse gas” footprint linked to lithium-ion
batteries.
Catherine Austin Fitts, the former Assistant Secretary of the United States Department of Housing and Urban Development, said in a recent interview, “All of this clean energy is designed to produce an all electrical system which will allow them to build an all-digital transaction system that will give them digital control.”
“Energy will be top-down and then you’re going to place sensors and chips on everything that moves in America,” she explained. “If you can move every human into a digital concentration camp, empty their bank account any time you want, and tell them what they can and cannot spend money on, you've got complete control."
In the rapidly approaching draconian future, central bank digital currencies will begin as individual substitutes for currencies. There will be a digital dollar, digital yuan, digital shekel, etc. But at some point they will determine that the various systems represent obstacles to achieving a single globalist financial system. That's when they will reveal that the only solution is the globally unified World Central Bank Digital Currency.
Armed with a new global jurisdiction (the 'biosecurity' of the WHO's stalled pandemic treaty) a single world 'currency' or transaction system will eventually be rolled out. And this system will translate into a single world governance.
Thus the central banks will have unparalleled levels of control. If your government approves a CBDC, every doctor you visit, every meal you eat, every trip you take, every purchase you make, and every dollar you own will be tracked, and controlled in real-time, by your government, for the rest of your life.
Central bank digital currencies will steal people’s financial, personal and medical freedoms for whatever reason the financial elites deem necessary.
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