
Beware: The ECB Digital Currency Is Coming
Mises Institute: Christine Lagarde, president of the European Central Bank, has announced that the digital euro will be ready for October 2025.
However, she stressed the importance of moving forward with the legislative process that would impose the digital euro, urging the European Commission, the European Council, and member states parliaments to accelerate the laws and directives that are required to make the digital euro viable.
Why the rush? The European Central Bank’s losses have risen to 7.8 billion euros, and the European monetary authority has posted the second consecutive loss, while sovereign bonds in Europe have slumped again in the first two months of 2025. The ECB needs a digital euro to wash away its disastrous policy of the past decade. Read More…
Opinion: Editor and I have been on the road. Last weekend, we attended a prophecy conference in Orlando and for the next two weeks we are in the Midwest. All these time changes can be exhausting.
I have been planning to comment on the tariff issue for Monday but decided instead to combine it with the above headline, which in my opinion, is stage setting the economy of Antichrist.
Let’s deal with tariffs first:
Are you sick of hearing ‘Art of the Deal’ while your net worth drops? Are you now listening to Jasmine Crockett or Bernie, or AOC, to see if you missed something? Of course not, don’t give up there is a light at the end of this tunnel.
Behind the complexities of global trade is something simple. Donald Trump throws seemingly outrageous solutions to volatile world events and then waits.
Who can forget the idea of the US owning Gaza, for example? It must have had an effect as Gaza citizens are revolting against Hamas daily. Maybe a Middle East Rivera with 5 Star hotels sounded better than living in squalor while Arab leaders count their billions.
How about the Gulf of America, Greenland or Canada as a 51st state? Do you doubt that something good for America will happen?
In a nutshell:
The US government has to refinance 9.2 trillion in debt that is coming due (or maturing) this year. The best solution for refinancing this gargantuan debt is to lower interest rates, which the Fed Chairman, Jay Powell, is refusing to do. A game of chicken perhaps?
I really do not know how the president will solve this trade mess, but there is something idiotic about America allowing other nations to charge us a tariff for selling their US exports, while the US charges nothing for other nations selling their exports in America.
The biggest threat to the global economy is Central Bank Digital Currencies.
China has them and Europe, the future home of Antichrist, is working at breakneck speed to have them. Sooner or later every government will want them, even under Donald Trump.
Oh, don’t worry, they will all say, CBDCs will not replace paper money, it will be an added benefit, which of course, is nonsense. It is casting a shadow for:
He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name. Rev. 13:16-17