ALL – IN – ONE PARTS 1-5: CBDC SOURCE FILES, VIDEOS, AND LINKS
https://files.catbox.moe/pjc49a.pdf
PART 1 - THE GOVERNMENT IS CREATING A CENTRAL BANK DIGITAL CURRENCY PLATFORM CALLED FEDNOW THAT WILL GO LIVE TO THE PUBLIC IN JULY-2023.pdf 0.2 MB
https://files.catbox.moe/bc5am9.pdf
PART 2 - SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL.pdf 0.2 MB
https://files.catbox.moe/aavauz.pdf
PART 3 - SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL (CONTINUED).pdf 0.3 MB
https://files.catbox.moe/8sf4he.pdf
PART 4 - A CBDC IS FOR NEGATIVE INTEREST RATES. CBDC MEANS YOUR CASH WILL HAVE TO PAY HEAVY FEES OR GO AWAY ENTIRELY.pdf 0.3 MB
https://files.catbox.moe/0gn265.pdf
PART 5 - A CBDC ADDS NOTHING FOR YOU THAT ISNT ALREADY FREELY AVAILABLE. THE FEDERAL RESERVES IS DESPERATE AND NEEDS A CBDC OR DIRECT ACCOUNT SYSTEM TO KEEP CONTROL OF YOUR WEALTH.pdf 0.2 MB
https://files.catbox.moe/ckvtvy.pdf
PART 1: THE GOVERNMENT IS CREATING A CENTRAL BANK DIGITAL CURRENCY PLATFORM CALLED FEDNOW THAT WILL GO LIVE TO THE PUBLIC IN JULY-2023
According to the Atlantic Council’s Central Bank Digital Currency Tracker, 119 countries, representing over 95 percent of global GDP, are exploring a CBDC.
https://www.atlanticcouncil.org/cbdctracker/
(Jan-20-2022) Fed releases long-awaited study on a digital dollar but doesn’t take a position yet on creating one
https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf
June-17-2022 Welcoming Remarks by Chair Jerome H. Powell At the "International Roles of the U.S. Dollar"
https://files.catbox.moe/s8u5ki.mp4
"Looking forward, rapid changes are taking place in the global monetary system that may affect the international role of the dollar in the future. Most major economies already have or are in the process of developing instant, 24/7 payments. Our own FedNow service will be coming online in 2023. And in light of the tremendous growth in crypto-assets and stablecoins, the Federal Reserve is examining whether a U.S. central bank digital currency (CBDC) would improve on an already safe and efficient domestic payments system. As the Fed's white paper on this topic notes, a U.S. CBDC could also potentially help maintain the dollar's international standing."
https://www.federalreserve.gov/newsevents/speech/powell20220617a.htm
**(Sep-22-2022) FACT SHEET: White House Releases First-Ever Comprehensive Framework for Responsible Development of Digital Assets **
(Mar-14-2022) Executive Order 14067 - Ensuring Responsible Development of Digital Assets
(Nov-16-2022) The Fed Launched a 12-Week Pilot CBDC Program | Heresy Financial
https://www.youtube.com/watch?v=l8HGRvkc0pA
(Nov-15-2022) New York Innovation Center to Explore Feasibility of Theoretical Payments System Designed to Facilitate and Settle Digital Asset Transactions
https://www.newyorkfed.org/newsevents/news/financial-services-and-infrastructure/2022/20221115
"As part of this 12-week project, the NYIC will collaborate with a group of private sector organizations to provide a public contribution to the body of knowledge on the application of new technology to the regulated financial system."
Facilitating Wholesale Digital Asset Settlement
https://www.newyorkfed.org/aboutthefed/nyic/facilitating-wholesale-digital-asset-settlement
(Nov-15-2022) Members of the U.S. Banking Community Launch Proof of Concept For A Regulated Digital Asset Settlement Platform
"In addition to the NYIC, the other participants on this project include the following financial institutions and payments organizations:"
- BNY Mellon
- Citi
- HSBC
- Mastercard
- PNC Bank
- TD Bank
- Truist
- U.S. Bank
- Wells Fargo.
(Mar-9-2023) The FedNow CBDC platform is project is expected to go live to the public sometime May to July 2023
https://files.catbox.moe/t4652m.mp4
(Mar-15-2023) Federal Reserve announces July launch for the FedNow Service
https://www.federalreserve.gov/newsevents/pressreleases/other20230315a.htm
Launching July 2023: Instant Payments with the FedNowSM Service
https://frbservices.org/financial-services/fednow/
I think this is a good PART 1 for a normie that doesn't even know the Federal Reserve is making a CBDC platform and thinks it's a "conspiracy theory". Best not to give them to bitter a pill to swallow at first and leave them open to the next message.
Lmk if you think this is too wordy and I'll cut it down some more.
POSTS 2-5 IN THE COMMENTS
April-8-2023
ECONOMY NEWS
BlackRock tapped by FDIC to manage Silicon Valley Bank and Signature Bank securities portfolio sale - FDIC chose BlackRock to handle securities portfolios worth $27 billion and $87 billion from recently failed banks Silicon Valley Bank and Signature Valley Bank.
Can't Ignore The Obvious, Cantillon Effect | Uneducated Economist
https://www.youtube.com/watch?v=uDttqb6HZzM
BLOOMBERG - Samsung posts worst profit since 2009 after chip downturn
Samsung rises 4% after it said it would cut memory chip production as its quarterly operating profit drops 96% to the lowest in 14 years.
FORTUNE - Morgan Stanley analysts are forecasting something ‘worse than in the Great Financial Crisis’ for commercial real estate
The Commercial Real Estate Market Is Getting Worse! | Nobody Special Finance
https://www.youtube.com/watch?v=XxDs-Peqz9g
The news about McDonald's layoffs shows that the threat Commercial Real Estate debt poses to the economy is bigger than most realize and now the bailout of Silicon Valley Bank has made things even worse.
Mortgage Backed Securities Are Blowing Up Again! But This Time It's Worse | Rebel Capitalist
https://www.youtube.com/watch?v=xS0aJGLnXTY
Unemployment 3.5% vs 3.6%. New jobs 236K vs 230-239K. Wages MoM 0.3% vs 0.3%.
Jobs Report Meets Forecast But Leaves Out Important Detail | Nobody Special Finance
https://www.youtube.com/watch?v=Oe4TmNFeiro
Blackstone $271 Million on NYC Portfolio is Downgraded
Blackstone on March 3 defaulted on $560 million of Finnish debt. It's "debt apocalypse" has jumped the ocean to arrive in New York.
These sharks put up an 11 property portfolio (to borrow a pile of cash) and now those bricks have an LTV of 147%. Will they walk away from this loan as well? Why not.
Just wait until they stop paying the University of California-Berkeley (on its deal for the $4 billion loan in January) teachers, unions, and faculty are going to be pissed.
The week of CPI and FOMC Minutes… 4-6-23 SPY/ ES Futures, and VIX Weekly Market Recap and Analysis (DD is back!)
Dan Steffens: OPEC Cuts Keep Oil Prices High Enough To Fund Budget, Permian Basin Supply Peaking? | WallStForMainSt https://www.youtube.com/watch?v=3u5pfrB2_JY
MacroVoices #370 Adam Rozencwajg: Energy, Gold, Copper & Uranium https://www.youtube.com/watch?v=szu-CYEdy9A
CRYPTO NEWS
How DNS filtering and dnssec protects your hardware wallet and online accounts
https://www.teddit.net/r/CryptoCurrency/comments/12f7rgi/how_dns_filtering_and_dnssec_protects_your/
WSJ -/Decentralized Cryptocurrency Markets Threaten U.S. National Security, Treasury Says - In new report, the department lays foundation for regulation, enforcement of ‘DeFi’ markets
World Bank agrees with the concept of expiring CBDCs
FedNow: A Trojan Horse for CBDCs Paving the Way for Loss of Privacy and Crypto Crackdown
U.S. Senate Is Pushing to Ban Crypto Wallets
https://scribe.rip/@crypto-beat/u-s-senate-is-pushing-to-ban-crypto-wallets-1ad769a71b8c
The US government selling their BTC is the most bullish thing to happen so far this year.
US presidential candidate Robert Kennedy says FedNow is first step to banning Bitcoin
Robert Kennedy Jr. says central bank digital currencies (CBDCs) could lead to financial slavery and political tyranny.
US Senator Elizabeth Warren who recently launched an anti crypto re-election campaign, is now openly pushing for CBDCs
UNEMPLOYMENT RATE DOWN, MARKETS UP. RUSSIA BITCOIN MINING. | Digital Asset News
https://www.youtube.com/watch?v=e2ygX9EYOpg
If unemployment is lowering then why are the markets rallying? Russia becomes the SECOND most powerful Bitcoin mining operation in the world.
Arkansas passes right-to-mine bill - The U.S. state is at least the third to advance crypto mining protections.
https://cryptoslate.com/arkansas-passes-right-to-mine-bill/
First Texas, Now North Carolina to Ban Crypto Mining
https://beincrypto.com/first-texas-now-north-carolina-to-ban-crypto-mining/
1.4B DOGE Dumped by 2 Whales After Elon Musk Changed the Twitter Logo to Dogecoin: Data
Solana hits huge milestone: 40 days of continued uptime 🤣
Polygon (MATIC) (2nd Layer for Ethereum Scaling) Becomes Second-Largest Gaming Blockchain in March After Surge in Activity: DappRadar
Interesting activity happening with DAOs @onPolygon_
DAOs going ballistic #onPolygon 🚀
- 17,000+ active DAOs
- 19,000+ DAOs created
- 85% of created still active
How NFTs disrupted arts, DeFi disrupted Finance, DAOs will disrupt organizations.
https://nitter.nl/sourcex44/status/1644552791187406848
Arbitrum (Ethereum 2nd Layer for Scaling) team is trying to siphon 750 Million tokens from DAO to a slush fund controlled by the team, so that insiders and VCs can cash out while pretending their allocation is "locked" https://www.teddit.net/r/CryptoCurrency/comments/128nieo/arbitrum_team_is_trying_to_siphon_750_million/
POLKADOT DOT IS ON ANOTHER LEVEL. | AllInCrypto
https://www.youtube.com/watch?v=-NKTUcZ5vzs
We dive into polkadot and its nothing short of exciting future
Warren Buffet now holds bitcoin, kind of... https://www.teddit.net/r/CryptoCurrency/comments/12eriz9/warren_buffet_now_holds_bitcoin_kind_of/
If you invested $100K in Bitcoin when Warren Buffett said he wouldn't buy "all of the bitcoin in the world" for $25, Here's how much you'd have now
Crypto could eliminate 97% of traditional remittance fees: Coinbase
Coinhub to install 1,000 Bitcoin ATMs at gas stations amid crypto banking cutoff
Allegedly, Binance was found to be heavily insider trading. With their massive size, how much of crypto markets and its prices are really real?
Do Kwon Faces Over 100-Year Sentence In US, 40-Year Sentence In Korea
https://azcoinnews.com/do-kwon-faces-over-100-year-sentence-in-us-40-year-sentence-in-korea.html
Explained: What is Bridging and How Does it Work? (Bridge ETH to Arbitrum, zkSync, etc.)
LEARN About Crypto Tax! 💰💰 #crypto #tax #bitcoin #shorts #youtubeshorts
https://www.youtube.com/watch?v=BQ-F6PAb_g8
Lorenzo from Origins Group
New virus automatically empties crypto exchange accounts
https://crypto.news/new-virus-automatically-empties-crypto-exchange-accounts/
CARDANO NEWS
WEN CARDANO BULL RUN? #Shorts #btc #crypto
https://www.youtube.com/watch?v=vmPXC7JwxcA
Cardano Weekly development report as of 2023-04-07
https://www.essentialcardano.io/development-update/weekly-development-report-as-of-2023-04-07
38 Top Cardano ADA News & Ecosystem Developments You Should Know About | Learn Cardano
https://www.youtube.com/watch?v=R1ioGtb9pD8
Governance CIP-1694: An explainer | Input Output
https://www.youtube.com/watch?v=obFeC2JS_IQ
Join Matthias Benkort (Cardano Foundation) along with Addie Girouard, Jared Corduan, & Kevin Hammond (IOG) for an overview and discussion of CIP-1694. In this conversation, they discuss community-driven enhancements to the current governance scheme, the future roles and responsibilities of Delegate Representatives, the Constitutional Committee, and Stake Pool Operators, how to define and safeguard Cardano’s guiding principles, and the tooling and governance processes needed to get there.
PAIMA IS BUILDING A BLOCKCHAIN GAME ENGINE | CARDANO #ADA BLOCKCHAIN GAMING | JSpeak
https://www.youtube.com/watch?v=ToUjJXRnLTA
A GAME WITH BLOCKCHAIN TECH THAT CAN CREATE CHARACTER PROGRESSION VALUE !
Cardano users will have access to a much larger pool of blockchain games thanks to Palma's L2 launch!! Join Gianna as she explains how Paima will bring more interoperability and wider adoption to Cardano! | Convincing Crypto
https://www.youtube.com/watch?v=3mYJ5XSkj7Q
Monthly update #10 March 2023 | Genius Yield
https://www.youtube.com/watch?v=seqXe8R0a5E
Is my ada safe when staking?
https://www.essentialcardano.io/faq/is-my-ada-safe-when-staking
Curious about how to stake your ada and participate in securing the #Cardano blockchain?
Here’s a helpful infographic on how to do so:
https://iohk.io/en/blog/posts/2022/07/28/how-to-stake-your-ada/
Cardano (ADA) Launches 1st Charli3 Oracle Integration with Liqwid Finance! | Convincing Crypto
https://www.youtube.com/watch?v=O0nYZlqJSzw
Cardano NEWS - LIQWID Supports SHEN, Charli3 ON-CHAIN Oracle, WingRiders UPGRADE & The SparkLab! | DApp Central
https://www.youtube.com/watch?v=cDvkNOTx3yA
Cardano (ADA) Quick Stats! // IOG's Monthly Update | Convincing Crypto
https://www.youtube.com/watch?v=3V4FkjugfC4
There are # of proposed changes for Fund🔟.
This week, for the first time ever, the team introduced the end to end overview of #Cardano's #ProjectCatalyst technology stack and some of the road ahead.
Come explore with me below and let's dive in.
🤿👇1/n
https://nitter.nl/danny_cryptofay/status/1643717610322706433
ACHIEVEMENT UNLOCKED! World Mobile Team Deploys 301 AirNodes in Zanzibar🚀📡 https://www.teddit.net/r/WorldMobileToken/comments/12cnawl/achievement_unlocked_world_mobile_team_deploys/
What is the difference between a sidechain and a L2 in the cardano space (comments)
https://www.teddit.net/r/cardano/comments/12cbz58/can_someone_please_explain_to_me_the_difference/
CARDANO DYNAMIC NFT STANDARD WILL BE HUGE FOR NFTS EVERYWHERE | JSpeak
https://www.youtube.com/watch?v=O5R6NzBQAP4
The speaker talks about the Ape Society, a top NFT project by market cap, and their new dynamic NFT metadata standard, Cip 68. They explore the new passports and how they leverage cip 68 to do some cool things not just for cardano nfts but also polygon, eth, and solana
3 Partners... 2 Music Projects... 1 BIG LAUNCH!
The Record Store by #NEWM x @SickCity7 is officially LIVE!
Shop unique music collectibles from revolutionary #musicians on #Cardano. Powered by the one and only @nmkr_io.
Congrats to @book_io and the team of @tonyrose023 (Atala PRISM) for minting the first ever verified book! Milestone ✅
We hope that there will be more future uses cases for vNFT (verified NFT) - CIP-0066. It’s a simple solution.
Read more here:
Maestro’s mission is to accelerate blockchain adoption by empowering #cardano developers with powerful #Web3 APIs and dev tools 🫡
🌐Atlas, the PAB open-sourced by @GeniusyieldO connects with Maestro’s APIs to access onchain data and power its transaction building framework. 👇 https://nitter.nl/GoMaestroOrg/status/1644357524777476096
Research, extensive internal testing, and simulations contributed to Dynamic peer-to-peer (P2P) deployment. Find out more about the process and rollout here: https://nitter.nl/InputOutputHK/status/1644660172843892737
Cardano goes full peer to peer with node version 1.35.6. Unstoppable https://github.com/input-output-hk/cardano-node/releases/tag/1.35.6
Milkomeda: The Secret Weapon Boosting Cardano's Ecosystem, ADA News | Learn Cardano
ORGANIZED INFO
ALL–IN–ONE PARTS 1-4 - CBDC SOURCE FILES, VIDEOS, AND LINKS.pdf 0.2 MB
https://files.catbox.moe/zt5ft3.pdf
TO-DO: Make easy instructions for users to download and open the pdfs on Android and iPhone....
PART 1 - THE GOVERNMENT IS CREATING A CENTRAL BANK DIGITAL CURRENCY PLATFORM CALLED FEDNOW THAT WILL GO LIVE TO THE PUBLIC IN JULY-2023.pdf 0.2 MB
https://files.catbox.moe/hghu03.pdf
PART 2 - SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL.pdf 0.2 MB
https://files.catbox.moe/9qm0o9.pdf
PASTEBIN STAFF KEEPS DELETING THIS ONE!!!!
PART 3 - SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL (CONTINUED).pdf
0.3 MB
https://files.catbox.moe/lmmxtj.pdf
PART 4 - A CBDC IS FOR NEGATIVE INTEREST RATES. CBDC MEANS YOUR CASH WILL HAVE TO PAY HEAVY FEES OR GO AWAY ENTIRELY.pdf 0.2 MB
https://files.catbox.moe/emmwh4.pdf
UNORGANIZED INFO
From the Kansas City Fed in a now deleted 2015 paper
(Revised Sep-15-2015) THE CASE FOR UNENCUMBERING INTEREST RATE POLICY
AT THE ZERO BOUND - Designing Resilient Monetary Policy Frameworks for the Future
PAGE 24 OF THE PDF - 1ST PARAGRAPH UNDER 6.A Abolish Paper Currency
"The most straightforward way to unencumber interest rate policy completely at the zero bound is to abolish paper currency."
(Feb-5-2019) IMF - Cashing In: How to Make Negative Interest Rates Work
https://www.imf.org/en/Blogs/Articles/2019/02/05/blog-cashing-in-how-to-make-negative-interest-rates-work https://archive.vn/T00x8
“a recent IMF staff study shows how central banks can set up a system that would make deeply negative interest rates a feasible option.”
(Aug-27-2018) IMF WORKING PAPERS - Monetary Policy with Negative Interest Rates: Decoupling Cash from Electronic Money https://www.imf.org/en/Publications/WP/Issues/2018/08/27/Monetary-Policy-with-Negative-Interest-Rates-Decoupling-Cash-from-Electronic-Money-46076 https://archive.vn/tszMK
"The proposal is for a central bank to divide the monetary base into two separate local currencies—cash and electronic money (e-money). E-money would be issued only electronically and would pay the policy rate of interest, and cash would have an exchange rate—the conversion rate—against e-money. This conversion rate is key to the proposal. When setting a negative interest rate on e-money, the central bank would let the conversion rate of cash in terms of e-money depreciate at the same rate as the negative interest rate on e-money. The value of cash would thereby fall in terms of e-money.
To illustrate, suppose your bank announced a negative 3 percent interest rate on your bank deposit of 100 dollars today. Suppose also that the central bank announced that cash-dollars would now become a separate currency that would depreciate against e-dollars by 3 percent per year. The conversion rate of cash-dollars into e-dollars would hence change from 1 to 0.97 over the year. After a year, there would be 97 e-dollars left in your bank account. If you instead took out 100 cash-dollars today and kept it safe at home for a year, exchanging it into e-money after that year would also yield 97 e-dollars.
At the same time, shops would start advertising prices in e-money and cash separately, just as shops in some small open economies already advertise prices both in domestic and in bordering foreign currencies. Cash would thereby be losing value both in terms of goods and in terms of e-money, and there would be no benefit to holding cash relative to bank deposits.
This dual local currency system would allow the central bank to implement as negative an interest rate as necessary for countering a recession, without triggering any large-scale substitutions into cash."
(October-2019) FEDERAL RESERVE SYSTEM Docket No. OP - 1670. Federal Reserve Actions to Support Interbank Settlement of Faster Payments
OP-1670_092819_134428_421945238742_1.pdf 3.3 MB
https://files.catbox.moe/tbiuch.pdf
PAGE 2 - 2ND LAST PARAGRAPH: "But there is a fourth function of money: as a means of social control. The centralized monopoly over the functions of money held by sovereign governments and central banks has generated great income and wealth imbalances. Concerns about a lack of central bank performance with respect to financial inclusion, income inequality, economic system stability and the tendency of central banks to intermediate on behalf of large financial institutions supported the creation of cryptocurrency"
As we noted in a second paper " Is FedCoin Feasible?" another confidential, not-for-distribution research paper sent to select members of the House Financial Services Committee, we suggest the Board focus on using an enhanced Bitcoin blockchain to "support depository institutions' provision of end-to-end faster payment services and would provide infrastructure to promote ubiquitous, safe, and efficient faster payments in the United States."
The Fed is sending "confidential, not-for-distribution research" to select members of the House Financial Services Committee espousing money as a means of social control.
(Aug-2022) EUROPEAN CENTRAL BANK EUROSYSTEM - Working Paper Series - The economics of central bank digital currency
https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2713~91ddff9e7c.en.pdf
PAGE 32 OF PDF - 2ND PARAGRAPH UNDER 6.1 Regulatory Alternatives:
"There is no regulatory alternative that promises to eliminate the threat to the two‐layer monetary system. Since cash is only available in physical form, it is by construction not “fit” for the digital age. Regulations that aim at maintaining its large‐scale use are likely to imply large economic costs without clear benefits. Accordingly, the introduction of digital cash in the form of a CBDC appears to be the only solution to guarantee a smooth continuation of the current monetary system."
(Jan-20-2022) Fed releases long-awaited study on a digital dollar but doesn’t take a position yet on creating one
https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf
June-17-2022 Welcoming Remarks by Chair Jerome H. Powell At the "International Roles of the U.S. Dollar," a research conference sponsored by the Federal Reserve Board, Washington, DC
https://files.catbox.moe/s8u5ki.mp4
"Looking forward, rapid changes are taking place in the global monetary system that may affect the international role of the dollar in the future. Most major economies already have or are in the process of developing instant, 24/7 payments. Our own FedNow service will be coming online in 2023. And in light of the tremendous growth in crypto-assets and stablecoins, the Federal Reserve is examining whether a U.S. central bank digital currency (CBDC) would improve on an already safe and efficient domestic payments system. As the Fed's white paper on this topic notes, a U.S. CBDC could also potentially help maintain the dollar's international standing."
https://www.federalreserve.gov/newsevents/speech/powell20220617a.htm
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ [and Nazi] bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future. https://files.catbox.moe/twyqj4.mp4
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
"The key difference with the CBDC is that 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. Those 2 issues are extremely important and makes a huge difference to what cash is." https://nitter.nl/DowdEdward/status/1624258852379320320
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
https://www.youtube.com/watch?v=wUT2u6DtdSo
https://files.catbox.moe/ad12eb.mp4
(Mar-27-2023) ECB president warns central banks could “losing control” without CBDCs
https://nitter.nl/RadarHits/status/1640650843589431296
https://files.catbox.moe/op2p5i.mp4
"Where do we stand, we Central Bankers? We have been operating as a monetary anchor in relation to the commercial banks and the private money. If we are not in that game, if we are not involved in experimenting and innovating in terms of digital, uh, central bank money, we risk losing the role of ... anchor that we have played, uh, for many many decades.
We have historical examples of a period where the central bank, uh, monetary anchor was not there and that precipitated crisis after crisis. That certainly was the case of the time of the Freebanking in the 19th century.
Do we want to go back to those days? Probably not, I would say certainly not from our vantage point. As a result of which we have to respond to the demand for those digital payment in order to maintain the role of anchor that we have, uh, been playing, uh, regularly.
Bo Li - Deputy Managing Director of the International Monetary Fund (IMF) https://archive.vn/snXMm
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
(Oct-13-2022) Central Bank Digital Currencies for Financial Inclusion: Risks and Rewards | IMF
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
Backup Link - Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
CONTINUED IN COMMENTS
