Saturday, February 19, 2022

IN the NEWS - March Towards Global Currency Control

We keep inching closer and closer toward currency control.....
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
"The extraordinarily aggressive financial measures by Canadian Prime Minister Justin Trudeau and finance minister Chrystia Freeland have underlined the dangers of a cashless society. They have demonstrated that any form of digital money can be abused by tyrannical overlords.

What Freeland has outlined is an unprecedented incursion into financial activity that is designed to lock the people whom the government deems to be undesirable out of the system entirely. The measures “cover all forms of transactions, including digital assets such as cryptocurrencies,” the minister stated. The government, she said, is “following the money,” which includes freezing corporate accounts and suspending insurance on vehicles. Personal financial accounts are to be included in the order.

It confirms what many have been warning about for some time: 
--that one of the core elements of the so-called Great Reset is to enslave populations by surveilling and controlling their transactions. --China has already implemented its version of digital tyranny with its Social Credit System, which it will combine with its Central Bank Digital Currency [CBDC]. Now Trudeau and Freeland have drawn back the curtain in Canada to reveal their version of digital despotism.

There have been previous hints that this is part of the Great Reset end game. The general manager of the Bank for International Settlements, Augustin Carstens, said last year: “We don’t know who’s using a $100 bill today, and we don’t know who’s using a 1,000 peso bill today. The key difference with the CBDC is the central bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability, and also we will have the technology to enforce that.”

What we are witnessing is the next move in a worldwide battle over the future of money and who gets to control it
--The debt-based money system – most of the money in Western
democracies is created by bank loans with an interest rate – is close to collapse. Global debt is at unsustainable levels; hence the low interest rates to stave off a crisis. Central banks are looking at ways of printing interest free money, known as Quantitative Easing, and also creating Central Bank Digital Currencies
 
 Financial analyst Catherine Austin Fitts, who urges people to use only cash every Friday, argues persuasively that humanity is at a “tipping point between freedom and fascism. But for authorities to gain full control over the digital monetary system, the circulation of paper currency has to end." Lifesite