Fed’s Lael Brainard pushes digital dollar as central bank currency race heats up
bitcoin, CBDC, Lael Brainard, programmable cash, Revelation 13
bitcoin, CBDC, Lael Brainard, programmable cash, Revelation 13
Zero Hedge: Behind door number 1 we have China (i.e. Skeletor), and a relentless barrage of crypto FUD meant to distract from the disastrous reception of the digital yuan in hopes that Beijing can, after almost a decade of trying, finally talk bitcoin down to zero (narrator: it can’t).
Chinese Senior Official: “there is no doubt that this time we have cracked down on encrypted virtual currency more severely than in September 2019, and the price of virtual currency will be hit even harder than last time”
Behind door number 2 we have Elon Musk who realized, with a one week late, that by sending bitcoin plunging (perhaps to appease China, or some unknown ESG overlord) he also hammered TSLA stock not to mention his own net worth, and so moments before the close, the billionaire Tesla CEO – a little over a weak after announcing he will no longer accept bitcoin because gasp BTC miners use electricity – tweeted that he “spoke with North American Bitcoin miners. They committed to publish current & planned renewable usage & to ask miners WW to do so. Potentially promising.”
LifeSite News: He will take office in Rome at the end of the summer. But Philippe Bordeyne, the new president of the John Paul II Pontifical Theological Institute for Marriage and Family Sciences, has already shown his cards in advance. And he has done so precisely on the most explosive issue in the Church today, that of the blessing of homosexual couples.
In an essay in “Transversalités,” the magazine of the Institut Catholique of Paris of which he has been rector up to now, Bordeyne holds that yes, it is a good thing to bless homosexual couples “when they solicit the Church’s prayer to accompany their love, their union,” albeit with the double precaution of blessing them “preferably” in a liturgical form “of a private nature” and with a personal blessing for each member of the couple, “in order to mark the difference with the nuptial blessing prayers.”
The essay is worth reading in its entirety. But this is already enough to understand how Bordeyne ranks not among the obedient but among the rebels against the “Responsum” with which on March 15 the congregation for the doctrine of the faith prohibited the blessing of homosexual couples. Read More
Israel 365: A new poll performed by the Convention of States Action, in partnership with The Trafalgar Group—one of America’s most accurate pollsters, revealed that 27.1% of Democrats blame Hamas, Palestinian Authority, and Iran for the current violence, while 38.5% blame Israel. 67.6% of Republicans blame Hamas, Palestinian Authority, and Iran for the current violence, only 12.5% blame Israel. 44.7% of Independents blame Hamas, Palestinian Authority, and Iran for the current violence, and 31.2% blame Israel. A total of 28.4% of Americans say Hamas is most to blame for the violence, compared to 27.4% who blamed Israel, 9.8% who said Iran was most to blame, and 7.7% who blamed the Palestinian Authority.
Israel 365: When the righteous become great the people rejoice, But when the wicked dominate the people groan. Proverbs 29:2 (The Israel BibleTM)
In 11 days of fighting, over 4,360 projectiles were fired into Israel from Gaza. According to the IDF, some 3,400 of the rockets and mortars that were launched actually crossed into Israeli territory, while 680 fell short of the border inside Gaza and another 280 landed out at sea. The IDF reported that many of these rockets, along with tunnels collapsing under houses, were responsible for many of the 219 people killed in Gaza. Of those projectiles that landed inside Israel, the IDF reported that more than 90% were intercepted by the Iron Dome anti-missile system. 11 Israeli citizens were killed, and Staff Sgt. Omer Tabib was killed when an anti-tank missile hit his jeep.
The organizations drew clear conclusions from the data: “Bipartisan support for Israel has been a hallmark of American politics for decades. Read More
Fomenting public anxieties, or even just curiosity, about aliens and super-technology is an expedient way to exert control over the population.
Zero Hedge: There are reasons to be skeptical. After decades of stonewalling on the issue, suddenly American military chiefs appear to be giving credence to claims of UFOs invading Earth.
Several viral video clips purporting to show extraordinary flying technology have been “confirmed” by the Pentagon as authentic. The Pentagon move is unprecedented.
The videos of the Unidentified Flying Objects were taken by U.S. air force flight crews or by naval surveillance and subsequently “leaked” to the public. The question is: were the “leaks” authorized by Pentagon spooks to stoke the public imagination of visitors from space? The Pentagon doesn’t actually say what it believes the UFOs are, only that the videos are “authentic”.
A Senate intelligence committee is to receive a report from the Department of Defense’s Unidentified Aerial Phenomena (UAP) Task Force next month. That has also raised public interest in the possibility of alien life breaching our skies equipped with physics-defying technology far superior to existing supersonic jets and surveillance systems.
Several other questions come to mind that beg skepticism. Read More
Front Page Mag: Hamas is explicit in wanting to kill not only all Israelis but all Jews. The organization states as much in its charter and declares that goal a religious duty. Hamas has sought to translate the genocidal intent into action, including through innumerable missile attacks targeting Israel’s civilian population since the terror group gained control of Gaza in 2007.
“Who are Israelites; to whom pertaineth the adoption, and the glory, and the covenants, and the giving of the law, and the service of God, and the promises.” Romans 9:4
Hamas missile barrages doubly fit the internationally recognized definitions of war crimes, by virtue of their objective of killing civilians and by virtue of their use of Gazan civilian areas as launching sites for their attacks, thus endangering Palestinians in Gaza. Yet this too has not dissuaded Hamas’s Congressional enablers.
In initiating its latest missile war against Israel, Hamas justified doing so by claiming Israel was seeking to expel Palestinians from the Sheikh Jarrah neighborhood of eastern Jerusalem and also that Israel was attacking the Al Aqsa Mosque and other Muslim sites on the Temple Mount. Read More
Zero Hedge: Oil prices rebounded from last week’s Iran deal optimism-inspired rout, as a new potential “snag” emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, even as Goldman Sachs said last night that the case for higher prices remains intact even with increased Iran exports.
Oil prices rebounded from last week’s Iran deal optimism-inspired rout, as a new potential “snag” emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, even as Goldman Sachs said last night that the case for higher prices remains intact even with increased Iran exports.
Oil prices fell almost 3% last week after Iran’s president, Hassan Rouhani, said the United States was ready to lift sanctions on his country’s oil, banking and shipping sectors. However, as we reported over the weekend, the speaker of Iran’s parliament said on Sunday a three-month monitoring deal between Iran and the U.N. nuclear watchdog had expired and that the country would block inspectors from accessing nuclear site images.
However, offsetting some of the tension, on Monday morning – and as expected – a one-month extension to the monitoring agreement has been announced.
And yet, the mood soured further after Secretary of State Blinken said that there was no sign yet that Iran is willing to comply with nuclear commitments needed to lift sanctions, when asked if a decision was made to lift sanctions on Iran. Read More
Zero Hedge: On Sunday, CBS News’ “60 Minutes” ran a segment about transgender issues facing today’s young people in America, which featured, in part, transgender individuals who decided to reverse course after taking hormones and undergoing surgery.
The segment featured how transgender activists have pushed back on legislation across the U.S. that aims to protect children from undergoing potentially life-altering medical procedures before they are old enough to understand the ramifications of their decisions. One of the transgender advocates said the fact that so many transgender individuals had decided to de-transition was proof that more resources were needed for trans individuals, not fewer.
60 Minutes highlights transgender people who have decided to de-transition and I’m sure it won’t be seen as controversial in the least. pic.twitter.com/vetbQFe3Oo
— Jason Rantz on KTTH Radio (@jasonrantz) May 24, 2021
Zero Hedge: Economist John Williams, founder of ShadowStats.com, says the Federal Reserve has painted itself into such a tight corner with the economy it really has only two choices. Williams says it comes down to “Inflation or Implosion.”
“ And I heard a voice in the midst of the four living creatures saying, “A [b]quart of wheat for a [c]denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine.”” Revelation 6:6
What would happen to the financial system if the Fed stopped printing massive amounts of money for stimulus and debt service? Williams explains,
“You could see financial implosion by preventing liquidity being put into the system. The system needs liquidity (freshly created dollars) to function. Without that liquidity, you would see more of an economic implosion than you have already seen. In fact, I will contend that the headline pandemic numbers have actually been a lot worse than they have been reporting. It also means we are not recovering quite as quickly. The Fed needs to keep the banking system afloat. They want to keep the economy afloat. All that requires a tremendous influx of liquidity in these difficult times.”
So, is the choice inflation or implosion? Williams says, “That’s the choice, and I think we are going to have a combination of both of them...”
“ I think we are eventually headed into a hyperinflationary economic collapse.