(Natural News) The motto of the tyrannical left is “never let a good crisis go to waste,” and the globalists who want to remake the world in their authoritarian image have just been handed a golden opportunity as banks continue to fail in the U.S. and around the world.
The collapse of Silicon Valley Bank has created an opportunity for over 100 governments worldwide to introduce central bank digital currencies (CBDCs) and implement increased government controls in the financial sector. The fear of bank runs and calls for more regulatory oversight have made room for governments to push CBDCs as a solution, which could enable unprecedented levels of surveillance, noted Reclaim the Net.
“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, and that no one may buy or sell except one who has [a]the mark or the name of the beast, or the number of his name.” Rev. 13:16-17
CBDCs are digital versions of fiat currencies that are issued and backed by central banks. Unlike cryptocurrencies, which are decentralized and not backed by any authority, CBDCs are issued and regulated by central banks. They are being sold to the general public as being much more ‘reliable’ and ‘stable’ forms of currency.
The globalists also say that some of the main advantages of CBDCs are that they offer increased financial inclusion, greater payment system efficiency, and improved monetary policy implementation. CBDCs could potentially provide more people with access to banking services, as they can be used by anyone with a smartphone or internet connection. The globalists claim this could help to reduce financial exclusion and improve financial literacy.
They also claim that CBDCs could also improve payment systems by reducing the need for intermediaries, such as banks and payment processors. We are told that this could lead to faster and cheaper transactions, as well as greater transparency and security. CBDCs may also improve the effectiveness of monetary policy, as central banks would have more direct control over the money supply and interest rates.
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