jack sequim wa wrote:
Wow, what a Mish Mash of reality and fantasy. Her assertions that this will happen rapidly may be an understatement (roll out of cryptocurrency), also NFT's are not government regulated to the extent of real income taxation realized like stocks since NFT's are based values on goods, property, another way stated a valuable painting valuation of 300k has an NFT value of 300k with exchanges generally made through cryptocurrency NFT's by themselves are not currency and once fully attached to BlockChain will be no different than a high-end Ebay. This has everything to do with Totalitarian rule through Block Chain and cryptocurrency.
She is correct that current debt that is [currently] impossible to ever repay, will be paid or wiped clean. China will expect resource and not just a wiping of the slate.
She speaks of a fairytale economic boom however to establish or roll out cryptocurrency first the existing economy must exit the Dollar as worldwide currency along with the Petro Dollar, this can only be achieved through collapse/economic collapse.
Existing brick and mortar physical produtive/manufacturing non-service only will mostly dissolve pushing us far deeper as a consumption economy rather than a production economy with no good ending for America's prosperity leaving only Elites and service peasants. Nothing close to an economic boom, except for the Elites.
She paints a picture of a metaverse managed by a broader spectrum of stake holders, without consideration of Google already dominance.
Bottom line, global economies first will fail with no escape for America. Which comes first America's economy bringing down other nations or other nations falling bringing down America. It's already in play to anyone paying attention. There are economic fires burning all around the globe and here at home and unlike 08/09 those in power have lockdown all the fire extinguishers.
She clearly is telling what will happen minus the food Shortages, supply chain disaster that's coming and unlike the world has ever seen.
Revelations, famine, pestilence, plagues, death by sword (wars) k*****g a few billion of the now 9 billion plus world population. We ate not seeing it happen, we are seeing the stage being set to put the wheels in motion.
Here is the elephant nobody wants to hear, everyone that has a current mortgage or owes money on property. Who or how, will an existing mortgage continue to exist when the banking system collapses, a complete nuke on all banks and Credit Unions. That sound everyone will hear coming to them is the government rescue wagon or even the beginning of a branch of The New World Order. "We paid your debt and depending what we decide next you have no voice (so says the government ). You can lease it from us, face eviction or we may decide to demolish your property for the greater good and place you in a government apartment. You will not be able to pay off your property because it is now leased back to you, nor will you be able to will it to your children.
"You will own nothing and be happy "
All other forms of debt will be dissolved and owned by the government whom will require a return based on sliding scale and withdrawn from your cryptocurrency wallet.
I'm seeing a very strong attachment between the v*****e, social scoring block chain and cryptocurrency that may end any public display of traditional patriotism or conservative speech, that t***sforms a v*****e passport to a form of the mark of the beast.
What we have witnessed at breakneck pass leading to the end of the church age and beginning of "The time of Jacob's Troubles " will look like slow motion compared to what is approaching .
At the rate our technology is advancing, doubling, tripling, it will exceed Bible prophecy in less than 15 years and I have even heard 10 years.
Wow, what a Mish Mash of reality and fantasy. Her... (
show quote)
Jack...Here's what I was telling you about the other night. I shared this recently in a prophecy update during our bible study. I brought up Pippa Malmgren and I think this ties in to what you're talking about...
Obsessing over the dollar losing reserve status is a waste of time. All fiat currencies will be ripped out of existence at the same time. The technocrats will institute a centralized, all-knowing digital currency to control everything. Nobody believed me then, but will you now?
This is the most important story you will hear in the decade of the 20s. This global insider has let the cat out of the bag:
“We are about to abandon the traditional system of money and accounting and introduce a new one.”The World Government Summit met two weeks ago in Dubai and here is a bombshell to report. Dr. Pippa Malmgrem, a top American economist who served as a special adviser to former President George W. Bush, made a statement that confirms everything that has been reported for quite some time – that a cashless society is looming right around the corner. Here are her recent comments at said World Government Summit:
We are on the brink of a dramatic change where we are about to, and I’ll say this boldly, we are about to abandon the traditional system of money and accounting and introduce a new one. And the new one; the new accounting is what we call blockchain… It means digital, it means having an almost perfect record of every single t***saction that happens in the economy, which will give us far greater clarity over what’s going on.So, who is Pippa Malmgren? She is a g*******t and an elitist. One of her favorite topics over the last two years has been “The Upside of C***D.” And like Klaus Schwab at the World Economic Forum, she sees C***D as an “opportunity” to t***sform the world.
And a few weeks before on March 9 as if it was a lead-in, President Biden signed an executive order (EO) that included instructing the federal government and Federal Reserve to
lay the groundwork for a potential new U.S. currency, a digital dollar!
If the United States were to adopt a digital currency like the one discussed in Biden’s executive order, it would be one of the most dramatic expansions of federal power ever made. One that could put individuals and businesses in grave danger of losing their social and economic freedoms.
Among the important actions, the White House EO directed several federal agencies, including the Treasury Department, to study the development of a new central bank digital currency (CBDC) and to produce a report within 180 days of the EO – six months – discussing the potential risks and benefits of a digital dollar. The order further directed the Treasury Department, Office of the Attorney General and Federal Reserve to work together to produce a “legislative proposal” to create a digital currency within 210 days, about seven months.
A digital dollar would not merely be a digital version of the existing U.S. dollar, but rather an entirely new currency that would, at least at first, exist alongside today’s currency. Similar to cash, the CBDC would be used to pay for goods and services and would likely be managed by the Federal Reserve, the central bank of the United States.
But unlike the current paper dollar and coinage, though, a CBDC would not exist in physical form, meaning you wouldn’t be able to go to a bank or ATM and withdraw it. It is also important to understand that the digital dollar would not be similar to cryptocurrencies like bitcoin. Cryptocurrencies operate on blockchain technology, which is decentralized by design. No group or individual can truly control cryptocurrencies once they are launched. Digital dollars, on the other hand, would be traceable and programmable. The Federal Reserve (or some other designated entity) would have the ability to create more digital dollars whenever it sees fit, and, depending on how the legislation is written setting up the currency, the dollars could be formulated to have various rules and restrictions built into their design. For example, a digital dollar could be crafted to:
• Restrict fossil-fuel use
• Give bonuses to people for spending at particular businesses
• Enact de facto price controls by disallowing users from spending too much on particular products
• Or even to redistribute wealth
In one report about the development of a CBDC published by the Federal Reserve in January, the Fed outlined a few examples of possible “design choices” for a digital dollar, including that “a central bank might limit the amount of CBDC an end user could hold.”
There are many reasons to believe Biden’s plan for a digital dollar involves a design that will give the federal government and/or Federal Reserve control over much of society and the economy. Biden’s executive order states that the CBDC and other policies governing digital assets must mitigate “c*****e c****e and pollution” and promote “financial inclusion and equity.” In fact, “financial inclusion” is mentioned five times in Biden’s order, and “equity” and “c*****e c****e” are mentioned four times each.
Further, in a background call with reporters about the executive order, a “senior administration official” (the name was curiously removed from the White House transcript) promised that in creating a new digital currency, the Biden administration will “continue to partner with all stakeholders — including industry, labor, consumer, and environmental groups, international allies and partners.”
Why would labor unions, industry organizations and environmental groups be involved in the development of a new currency — unless, of course, there is a plan to program that currency to advance various causes special-interest groups care about?
Even more stunning, in a 2021 question-and-answer session about the development of a digital dollar, David Andolfatto, a senior vice president and economist in the St. Louis Fed’s Research Division, was asked whether the Fed could “assure us [the public] that these digital currencies won’t ever be used to tell us when, how or where our money can be spent?” “In life one can’t give absolute assurances of anything,” Andolfatto responded before suggesting that “the best we can hope for” is for Congress to “respond to the e*****rate’s concerns” about privacy.
If the Fed has no plan to use a future CBDC to control Americans’ behavior, Andolfatto’s response is incredibly bizarre, to say the least.
But it’s crystal clear that the Biden administration and Fed are working together to create a controllable, traceable, programmable digital currency. And while the White House says it is working on a plan that would t***sform a vital part of the U.S. economy, and that the administration is doing so with the “highest urgency,” it should go without saying that the press should pay close attention to what’s going on.
Even more importantly, the press should eagerly and comprehensively inform the public of the potential risks associated with such a proposal. But not surprisingly, the media is dead silent on Biden’s Executive Order to prepare for digital currency. And the effects of the media’s negligence could reverberate for decades to come.
So, what’s the bottom line?
Once we get digital programmable money, where and how you will be “allowed” to spend your money will depend on your social credit score that will be linked to everyone’s
personal digital identity. Personal digital identity marks the other pillar of the new digital economy that they haven’t really told you about yet.
And if you’ve been paying attention, I believe that things are starting to fall into place.