Category CBDCs

Dec 18 2023

CBDC – The End of All Freedom


Posted originally on Dec 17, 2023 By Martin Armstrong 

CBDC 5

QUESTION: Marty: You have mentioned that Trudeau’s freezing of accounts of anyone who donated to the Truckers was a test run for CBDCs. Do you think this is the end goal to control 100% of our lives?

GD

ANSWER: Hopefully, this will become a Presidential campaign issue. But they are desperate to stop Trump. Congress, including the traitors pretending to be Republicans, passed legislation that NO president can withdraw the US from NATO. This will enable the Neocons to start war BEFORE the 2024 election, and this legislation is to usurp the power of the president, assuming it might be Trump to make it so that he cannot exit World War III. Every politician who voted for that legislation should be thrown out of office in 2024 – PERIOD!

That said, the CBDCs are intended to control our social behavior. This transforms society into a digital prison, which is why the Founding Fathers outlawed Direct Taxation. The rally to Marx at the end of the 19th century led to the introduction of the Income Tax in 1913, and they swore they were going only after the trich. By World War II, they introduced the Payroll Tax because Roosevelt’s Marxist agenda was to include Social Security, and we, of course, had to be FORCED to save for our own future. That became a slush fund that was restricted to buying only government debt to fund this Marxist agenda.

You are being imprisoned with every piece of legislation, like reporting $600 transactions through various cash apps. You have lost ALL your LIBERTY – you don’t know it yet. They could simply create some nonsense and prevent you from donating to Trump or RFK and just make up some nonsense charge. The January 6th had unmarked buses filled with federal agents dressed as MAGA supporters before anyone showed up to stage the event so they could charge Trump and use the 14th Amendment to prevent him from gaining the White House. The Democrats refused to let RFK in, and Biden refused to give him Secret Service protection. In Florida, they tried to remove any contender from the ballot to challenge Biden. This is all about creating war. They let the border open to allow terrorists in so they can declare Martial Law and restrict everyone’s movement. All FREEDOM has been lost!

crusing the people
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What Trudeau did in Canada permitted the bypassing of due process of law, which is the foundation of a free society. Wake up! Digitization of the monetary system will allow them to totally kill all dissent. There will be NOTHING left standing. This is what 2032 is all about. We are the ants beneath their feet. Anyone who thinks they care at all about us is an absolute fool.

We cannot stop it. This is NECESSARY for political change. This is them fighting to retain power when they fully understand that this monetary system is collapsing. This is not going to be this Great Taking. That would be an instantaneous revolution. They are not that stupid for even the army would rise up against them. This is about total control leaving you with your trinkets.

As this is rolled out, ONLY then will it open the eyes of the masses. Unfortunately, this is also why movements like Transgender, Black Lives Matter, you name it, are all about dividing the people. They MUST keep the people divided and fighting among themselves so they do not unite against the government, where the common denominator is FREEDOM.

Nazi Papers Please

It was Julius Caesar who said – Divide and conquer. Hitler attacked the Jews BECAUSE they were the bankers, and he needed to blame the hyperinflation on the bankers. He divided the people and then came – Papers, please! That is precisely what they are doing to us with CBDCs. This is the purpose of Gates’ UN-organized digital IDs. To prevent freedom of movement. Digital IDs to vaccine passports are all designed to prevent movement. Europe, as of January 1, 2025, will require visas from Americans to visit, and they will apply your social credit score to determine if you are eligible. Still, they intend to start World War III before that, creating an external distraction to divert people from the loss of liberty. This is the government’s objective- the enemy of freedom – as always, no matter what century or culture to look at.

Gates Digital ID
Nov 16 2023

Gold – Bitcoin & CBDCs Re-Posted Nov 15, 2023 By Martin Armstrong 


WEC_2023_Gold

QUESTION: Will you be covering the CBDC and gold? How about Bitcoin?

EH

ANSWER: Of Course. Our views have exceeded 600,000, so we have expanded the virtual availability to attend the conference. Over 37 countries are tuning in this year. This is a broadly based global conference.

Oct 30 2023

Former WEF Associate Speaks out on CBDC


Blog/Great Reset

Posted Oct 30, 2023 by Martin Armstron

Economist Professor Richard Werner previously partnered with the World Economic Forum’s Global Leader for Tomorrow program. He has since turned away from the organization and has been speaking out against the Great Reset. I do not agree with him on many topics but I do appreciate him speaking up on this topic. According to Werner, the WEF plans to roll out CBDC in stages, with the final stage being a small microchip implanted under the skin.

He claims that this microchip will contain our entire identity and access to the world. The chip will act as a passport, digital ID, and license. Our wallets will be condensed into a chip the size of a grain of rice that we will have on us at all times. “It is a violation of human dignity to inject something under the skin. That’s why you need more persuasion,” he stated.

As with most digital currencies, they will begin by marketing it as a convenient way for past payment processing. Then they will use a fear tactic, such as rising crime or digital hacking, and then tell the people that having an individual universal ID will protect them from lowly criminals. But that will not be enough to convince people and eventually payments and the freedom of movement will only be permitted through the use of these implanted devices.

This will provide governments with complete control over the people. Who will have backdoor access to the data? The globalists who want to form a one-world government. Bill Gates came out in 2017 and said he supported Guaranteed Basic Income, but the technology was not yet there. The elites have been waiting for the introduction of the Digital ID amid the COVID power grab. The shrinking middle class will become dependent on the welfare state as the cost of living everywhere continues to be unsustainable. As I have also warned, the overall digital ID will also be reliant on our social credit score. Disobey big brother and you will be removed from society. Fumble your taxes? You will be de-banked in an instant and prevented from accessing public vicinities or traveling.

Revelation 13:16-17 “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 the mark or the name of the beast, or the number of his number.

Some claim this is akin to the mark of the beast and the fulfillment of the prophecy of Revelations while others think it is a neat new technology. It is interesting that an ancient text would declare we need a mark on to buy or sell. Religion aside, we should all be concerned over how much power this technology will give to governments as this technology would equate to the loss of ALL freedom.

Oct 25 2023

The Unfolding Recession & The Coup


Armstrong Economics Blog/Economics Re-Posted Oct 25, 2023 by Martin Armstrong

QUESTION: Mrt. Armstrong, Socrates has been a real lifesaver. It is refreshing not to have someone spinning their political views into everything. Socrates called for the high in GDP here in 2023 and that the high took place in May. Here, we have Biden creating money without regard for fiscal responsibility. Socrates has shown the economy peaked in May. This is truly remarkable. Is this strange situation our fate into 2024?

KL

ANSWER: I understand that Socrates has forecast what is the opposite of every economic theory out there. It shows a recession has been unfolding since May, but this is on the aggregate level. On top of that, we have a Panic Cycle next year in 2024 in GDP. When I drill down into its forecasts per state, what becomes painfully apparent is what I have been writing about. There is a massive migration from blue states to red states initiated by COVID-19 but accelerated by tax increases. Thus, real estate is declining in the blue states, and those who didn’t want to move because of the higher mortgage rates will find their houses unsalable regardless of the mortgage rates. This will be particularly true in New York, Chicago, San Francisco, Seatle, and Los Angeles, to mention a few. They had their chance. With the onslaught of migrants into those areas, those cities are raising taxes to cope with the aliens who pay no taxes.

Add to all of this chaos, Biden’s open border policy has let in terrorist cells, so nobody bothered to check anyone. Geopolitically, starting a war in the Middle East was insane. The Democrats should just admit that the real head of state in Blinkin and his VP is Victoria Nuland. They are the people running the country into the ground. We will see domestic terrorism thanks to the open border, and this time, World War III will be coming to a theater near you.

Then, we have a surge in diseases eradicated in the USA, like TB and malaria. We will also see a rise in diseases, including polio. Even Fed Chairman Powell has broken his silence in criticizing the Biden Administration. He has made it clear that this spending spree is unsustainable.

Climate Change zealots and the Neocons have usurped the Biden Administration. The Democrats are destroying the United States. Politics is so divided and polarized that they refuse to look at and stop the trend. This is not about Democrat v Republican. The United States has undergone a coup, and those in Washington are so caught up in hating each other nobody gives a dam about the country or the people.

The United States has become so divided – it is impossible to survive as one nation. The division is already starting. So, while the Democrats point fingers at the Republicans and they are so desperate to imprison Trump that they will ensure he dies mysteriously like Epstein and so many, there will be nothing left to fight over.

We are facing a recession because the consumer tends to spend less and save whenever there is UNCERTAINTY. Simple as that.

Then, if we end up with wars in Asia, Europe, and the Middle East, Foreign Capital Will Flee to the US

Hence – we have a Panic Cycle warning about two opposite trends.

Sep 21 2023

Pix System in Brazil


Armstrong Economics Blog/International News Re-Posted Sep 21, 2023 by Martin Armstrong

You likely have not heard of the Pix system unless you live in Brazil. Pix is an “instant payment ecosystem” launched on November 16, 2020, by Brazil’s central bank (BCB). Pix primarily works through the use of QR codes that users use to access their digital accounts for payments. The pandemic helped push people to digitalized banking, and now the system has surpassed the use of credit and debit cards.

About 30% of all transactions in 2022 happened on the Pix system, compared to only 20% via credit cards and 19% on debit cards. Three billion monthly transactions take place through Pix and that figure continues to grow. “The adoption of Pix in society has been very intense,” commented Carlos Eduardo Brandt, head of Pix Operations at the Central Bank of Brazil. Two-thirds of the entire population of Brazil now uses Pix as it has become ingrained in everyday life. Cash transactions are in decline, dropping by a quarter since 2020. However, Brazilians once preferred cash and those in rural areas accepted their wages in the Real.

The International Monetary Fund is pleased with the success of Pix and has been studying its success. The IMF published a study this July entitled, “Pix: Brazil’s Successful Instant Payment System.” “The authorities are now able to track monthly payment and related economic activity on a granular basis by geographical location, types of transactions, and borrowers, including by age group,” the study notes. The IMF says that mandatory participation by the big banks was one of the contributing factors to Pix’s adaptation.

Every central bank is developing its own CBDC. The goal of the globalists is to combine these digital currencies into one centralized database. Although Pix is not a CBDC, it has served the purpose of acclimating the banks, merchants, and users to the idea of a cashless society.

Sep 17 2023

Interview: The Path To Enlightenment Is Paved Through Hell with Martin Armstrong


Blog/Armstrong in the Media Re-Posted Sep 17, 2023 by Martin Armstrong

Click on the link below to here the interview

The Path To Enlightenment Is Paved Through Hell with Martin Armstrong

According to Legendary Economic Forecaster Martin Armstrong, his predictive-model computer Socrates shows that by 2032 the world will look dramatically different than it does today. Peace, enlightenment, and even a Renaissance-era may emerge but, unfortunately a painful path must be traveled first. Martin joins the Outer Limits of Inner Truth to discuss the latest news on CBDC’s (how / when we can expect them to appear), World War 3, and other future predictions.

Aug 2 2023

Hard Currencies – Fiat v Legal Tender


Armstrong Economics Blog/Great Reset Re-Posted Aug 2, 2023 by Martin Armstrong

A man attempted to purchase strawberries with cash at an Aldi grocery store in the UK, possibly leading to his arrest. They want us to adjust to the cashless society that will implement globally by the World Economic Forum under its Digital Currency Governance Consortium. Some call cash “hard currency” to further differentiate it from the coming digital world of finance. Piers Corbyn, who happens to be the brother of British Labour Party leader Piers Corbyn, has gone viral for what many are calling an act of rebellion against the globalists.

The Aldi in Greenwich only accepts payments through the Aldi App. Aldi implemented this measure during COVID and never repealed it. Stores are commonly banning all cash transactions, and it is legal for them to deny cash. These stores may not realize that the WEF will soon implement one “globally coordinated approach to [digital currency] regulation” and their individual apps will be obsolete.

As for Corbyn, he placed his cash on the counter and left the store with his strawberries. People cheered as he left the store. Aldi employees called the authorities. “I’m offering exactly the right amount of money here,” he announced, “I’ve paid my legal tender.”

“Legal tender” is merely any form of payment accepted by law. So while the “hard currency” produced by the Royal Mint may be considered legal tender to some, the grey area here is that sellers do not need to accept it as a form of payment. So what was once a commonly accepted legal tender is now fiat, containing no intrinsic value without the backing of CONFIDENCE.

When the gold coin was money during the 19th century, it rose and fell in purchasing power no different than any paper currency. You cannot walk into a grocery today and pay in gold. People only accepted paper money because they knew others would accept it as a form of payment. Fiat is simply an arbitrary decree.

Governments are telling the people loud and clear that cash will be phased out. They are making us accustomed to the idea, gaslighting us into thinking digital is more convenient. The truth of the matter is that the day will come when they ask us all to turn in our “hard currencies” in exchange for CBDC. I applaud this man for his act of bravery and hope he was not arrested over a pint of strawberries.

Jul 31 2023

Can Cryptocurrencies Survive in an Authoritarian World?


Armstrong Economics Blog/Cryptocurrency Re-Posted Jul 31, 2023 by Martin Armstrong

QUESTION: Thanks for all the great information you share. I have a question regarding cryptocurrencies. Do you think all countries will try to abolish crypto or only certain countries (such as the US) in favor of a central bank digital currency? As of now, many countries appear much more accepting of crypto than the US. Thanks again.

JWM

ANSWER: This is a good question. Before the stupid sanctions imposed on Russia removed them from SWIFT, the IMF would threaten tax havens that if they did not turn over the people with accounts in their country, they would be removed from SWIFT. The sanction against Russia have backfired, so now we have China and Iran setting up their alternatives to SWIFT. I would have assumed that they would have threatened countries against the removal from SWIFT if they did not shut down cryptocurrencies, for they would provide an alternative to CBDC and thereby skirt their end goal of 100% control and taxation. In trying to sanction Russia, they have lost their absolute power to abuse SWIFT to threaten countries. Theoretically, the tax havens could switch to China’s CIPS and say screw you to the US and EU.

As I have said, an EMP could wipe out the entire financial system and neutralize even nuclear weapons capability. I do not see how these people will succeed in dominating the world. Their abuse of SWIFT to punish Russia has undermined their power and the entire world economy. This is most likely part of the 2032 collapse.

I would be concerned about cryptocurrencies making the transition to what lies beyond 2032. That is highly speculative. I would tend to rely on the tangle assets to make the transition to whatever the new monetary system will emerge post-2032.

Jul 29 2023

CBDC & the Fall of Western Society


Armstrong Economics Blog/Cryptocurrency Re-Posted Jul 28, 2023 by Martin Armstrong

QUESTION: You said that when Rome fell it took 700 years before gold coins reappeared. Are we facing something like that again?

PO

ANSWER: Yes, when Rome fell, gold continued in the East under the Byzantine and Islamic Empires. However, in Europe, the last Western emperor was Romulus Augustus (475-476AD) who was a puppet anyhow. He was a young son, whereas today, we have senile leaders who are puppets and incapable of independent rational thought. The first gold coin to reappear in Western Europe was that of Frederick II of Sicily (1231-1250AD). The Augustale was a gold denomination of about 5 and a half grams which Frederick II introduced to Sicily in 1231AD, and it was primarily issued for international trade.

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Actually, Fibonacci (1170-1240 AD) published in 1202 his “Liber Abaci” (Book of Abacus). He introduced Hindu-Arabic numerals into Western culture. Suddenly, this allowed the calculation of numbers that were not taught in schools and was unknown in Christian circles. Only a very small group of intellectuals had access to translations of the Arab mathematician al-Khwarizmi (780-850 AD). The techniques that Fibonacci introduced were groundbreaking to re-establish a culture that lost its identity with the fall of Rome. Fibonacci illustrated practical problems on how to calculate profit margin, money changing, barter, conversion of weights and measures, partnerships, and, last but not least, interest. He also introduced some geometry and algebra.

However, Fibonacci’s work was so earth-shattering it became the topic of discussion and caught the attention of King Frederick II of Sicily. I believe it was Fibonacci’s introduction to mathematics that also inspired Frederick II to even reintroduce gold coinage in order to trade with the outside world. At the time, that included the Arabs as well as the Byzantines. The gold dinar was the Islamic medieval gold coin first issued in 696–697AD by Caliph Abd al-Malik ibn Marwan with a weight of 4.25 grams. Frederick II made his coin about 1 gram heavier in order to project economic power.

The introduction of CBDC is highly dangerous in war; even a nuclear blast also sends out an EM pulse that will destroy electronics. If I were Russia or China, I would NOT move to any sort of digital currency and then use an EMP against the United States. The entire economy would collapse. People would not even be able to buy anything. We have idiots in power who are so greedy, looking at the power this will place in their hands, they are ignoring the risks. This could mark the collapse of Western society, sending us back to the days of Barter.

The Post-2032 era would most likely be fragmented rather than national states as we know them today. There will most likely emerge regional currencies, as we have witnessed throughout history many times. Even during the Great Depression, over 200 US cities resorted to issuing their own money.

Jul 28 2023

The Bankers Who Are De-Banking Those They Just Disagree With


Armstrong Economics Blog/Politics Re-Posted Jul 28, 2023 by Martin Armstrong

I want to stress that I have been getting emails that the same trend is emerging in the United States. Some banks have embraced WOKE, and with it, they are engaging in DISCRIMINATION. This equality only works when you agree with them. If you disagree, you are to be cast out of society, de-banked, and unable to even survive, pay a mortgage, or food.

Chase had debanked Dr. Mercola. I too was debanked by Chase after sending bonuses to our overseas employees. They did not ask for any explanation – they just closed the account. This is becoming common these days.