Technocracy: According to Article I, Section 8, Clause 5 of the U.S. Constitution, Congress is specifically granted exclusive responsibility “To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures”. No problem for Biden, who rules with a pen. Fintech is the chosen financial system for the post-Great Reset world, aka Technocracy. Read the full EO below, with highlights provided by TN.
This Executive Order is full of globalist/United Nations baloney: climate change, energy, inclusion, etc. The outcome of this study, which is likely already determined, is to suggest any specific legislation to give to Congress; however, it only touches on the point that Congress may not have to be involved to “make it so”. TN Editor
Executive Order on Ensuring
Responsible Development of Digital Assets
March 09, 2022
Opinion: Want to know what the catalyst will be for the digital dollar? Look no further than the same catalyst that is pushing the price of energy (gas) to the stratosphere. Climate Change.
I selected some tidbits from this massive executive order:
Section 2 (a) We must support technological advances that promote responsible development and use of digital assets. The technological architecture of different digital assets has substantial implications for privacy, national security, the operational security and resilience of financial systems, climate change, the ability to exercise human rights, and other national goals. The United States has an interest in ensuring that digital asset technologies and the digital payments ecosystem are developed, designed, and implemented in a responsible manner that includes privacy and security in their architecture, integrates features and controls that defend against illicit exploitation, and reduces negative climate impacts and environmental pollution, as may result from some cryptocurrency mining.
Section 4 (b) Within 180 days of the date of this order, the Secretary of the Treasury, in consultation with the Secretary of State, the Attorney General, the Secretary of Commerce, the Secretary of Homeland Security, the Director of the Office of Management and Budget, the Director of National Intelligence, and the heads of other relevant agencies, shall submit to the President a report on the future of money and payment systems, including the conditions that drive broad adoption of digital assets …
Section 9 (b) The term “central bank digital currency” or “CBDC” refers to a form of digital money or monetary value, denominated in the national unit of account, that is a direct liability of the central bank.
Now we can work backwards from Revelation 13:16-17. A powerful religious figure, second in command (Rev. 13:11) to the Beast of (Rev. 13:1), will cause ALL, rich and poor to receive a mark on their right hand or forehead in order to be able to buy and sell.
With a highly charged election just 8 months away it will be incumbent upon the Democrat party to move the process along in case the Republicans sweep the House and Senate. With that in mind, section 4b requires that the report by government officials be on the president’s desk by July 2022 giving the administration and Federal Reserve three months to pass the new digital currency into law.
The power of central bank digital currency over paper money is enormous. Governments will have taxation abilities like never before:
- Automatically deduct taxes from its citizens
- Keep surveillance on the spending of every citizen
- Penalize those citizens that violate climate standards
Phase 1 of the new economic order will be cheered by the 1% despite evidence of hyperinflation affecting the masses (Revelation 6:5-6).
Phase 2 of the new economic system will be accepted by the global elite as they accept a mark like everyone else (Revelation 13:16-17).
Phase 3 of the new economic system will be a catastrophic collapse of the global economic system (Revelation 18:11).
See our paper “The 1% and Revelation: Do Not Harm the Oil and Wine HERE