CBDCs: Trojan Horse For Total Control?


TechnocracyNews: This is a balanced policy view of Central Bank Digital Currencies. There is no doubt that CBDCs are coming, but how they manifest will be full of twists and turns. Even though central banks are generally shepherded by the Bank for International Settlements, each bank is heavily flavored by national interests of individual states.

It should be duly noted that gold is not dead, not will it ever be dead, to the global banking system. All Central Banks hold some amount of physical gold but it is not coupled to their national currencies. It is inevitable that gold will eventually be forced into some coupling with new CBDCs.

For instance, it was reported in November, 2022 that Central banks’ gold demand hits record level:

Central banks’ gold purchases rose dramatically in the third quarter of 2022, according to data from the World Gold Council. Total gold acquisitions reached almost 400 tonnes in the last quarter, the WGC said. This takes total gold purchases to 673 tonnes so far in 2022, which already is the highest level of any full year since 1967. “This is the largest single quarter of demand from this sector in our records back to 2000, and almost double the previous record of 241 tonnes in Q3 2018.”

The date 1967 takes us back to the time period of decoupling gold from the U.S. dollar. This is a seismic tell that gold is not dead, nor is it an outdated store of value. ⁃ TN Editor

The latest government “innovation,” which follows in a long tradition of stealing ideas from the private sector designed to improve our lives and using them for other means instead, is central bank digital currencies (CBDCs).

Designed not to exist in any physical form whatsoever, CBDCs would give their central bank issuers entirely new powers. Indeed, much of the maneuvering that was required in 2008-9 to rescue the financial system with taxpayer-funded bailouts would have been so much easier had CBDCs been in existence. Read More @ Technocracy HERE

Opinion: Articles like this one can only go so far into the future, because they lack the knowledge that only comes with God’s perfect word of prophecy.

Central Banks will become unnecessary when Antichrist creates a mark (Revelation 13:16-17) that every person, no matter their status, will be required to receive in order to buy and sell.

“They will throw their silver into the streets,
And their gold will be like refuse;
Their silver and their gold will not be able to deliver them” Ezekiel 7:19

It happened the first time when Babylon attacked Jerusalem. At that time, people realized that money could not save them from the coming calamity, and in fact became a liability as the people feared their neighbors.

It will happen a second and final time when Babylon is destroyed:

And God remembered Babylon the Great and gave her the cup filled with the wine of the fury of His wrath.”

In the closing verses of of the great tribulation (Revelation 18), the focus of attention is Babylon, or mystery Babylon signified as a harlot (false religion), the Beast (Antichrist), and the literal city of Babylon.

Babylon will have been the center of world commerce for the kings of the earth. The tremendous wealth of gold and silver will be meaningless again:

“And the merchants of the earth will weep and mourn over her, for no one buys their merchandise anymore.” Revelation 18:11

The second coming is near.

Excerpts “The 1% and Revelation: Do Not Harm the Oil and Wine HERE

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