Monday, January 4, 2021

IN the NEWS - Venezuela to be the Globalist's Test Case?

 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Revelation 13:17
So it appears the Globalists have decided to test Digital Currency (a mechanism whereby one could control buying and selling) on the socialist basket case of Venezuela....

"Yet while we recently speculated that China would be the first
major economy to unleash a digital currency, little did we know that the first country to officially make the jump to a "fully digital" economy would be...  Venezuela!?
 Venezuela’s government is preparing to move to a fully digital economy - whatever that means for the country which several years ago adopted some bizarro crypto currency as the de facto petrocurrency of the state to... perplexing consequences, as hyperinflation in this South American socialist paradise (coming soon to every socialist paradise nears you) has made worthless bolivar notes practically disappear. 
 And yet, comedy or not, central banks the world over will be closely watching to see just how Venezuela will screw up this experiment of becoming the world's first fully digital economy, because as we have been warning for a while: digital currencies - under the protective umbrella of the so-called ISO 20022 - are coming to every broke country near you in the next 12-24 months." ZeroHedge