Tag Archives: CBDC

Sep 22 2024

Ziegler Exposes Democrats For “Changing History” With Revised Retelling Of Hunter Biden’s Shakedown


Posted originally on Rumble By Bannons War Room on: Sep 21, 2024 at 01:00 pm EST

Sep 22 2024

Past Interviews


Posted 0r9ginally on Sep 22, 2024 By Martin Armstrong 

Kim Inverson Martin_Armstrong
Sep 20 2024

Tim Hinchcliffe Breaks Down What The UN’s Global Digital Compact And Digital Control


Posted originally on Rumble By Bannons War Room on: Sep 10, 2024 at 07:00 pm EST

Sep 20 2024

Noor Bin Ladin Breaks Down Why The Globalists Are Pushing For Censorship World Wide


Posted originally on Rumble By Bannons War Room on: Sep 19, 2024 at 07:00 pm EST

Sep 20 2024

HUD Explores Cash over Housing Vouchers


using Vouchers

Posted originally on Sep 20, 2024 By Martin Armstrong 

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The Department of Housing and Urban Development is toying with the idea of providing American renters cash aid instead of vouchers. Current vouchers only demand that tenants pay 30% of their income on rent, while the US taxpayers foot the rest of the bill. The department says it is still too difficult for would-be tenants to use these vouchers and would like to provide them with cash to use as they see fit.

Pilot programs are appearing across America. Philadelphia swapped out vouchers with cash for 300 renters across the city. Since the government is incapable of efficiently running these smaller programs, the waitlist for housing vouchers in Philadelphia overwhelmed the city to the point that it was shut down for a decade. Those in the pilot program earn under 50% of the local median income with a child under the age of 15. Not only is their portion of rent reduced to 30% of income, but the government has provided them with debit cards to cover the additional portion of rent. Technically, they can spend it however they see fit.

Housing development agencies say cash is preferable to vouchers as landlords bypass discrimination laws and are more likely to reject potential tenants who use government vouchers. If someone has a business, does it not make more sense that they would be hesitant to partner with someone who they know cannot pay? Advocates believe “red tape” items like unit inspections are causing delays. Advocates also insist that providing cash will directly will help these people move to safer neighborhoods, neighborhoods where the residents work and pay their share of taxes into the system. These people insist that everything should be done to provide for those who remain underemployed or underemployed without addressing the root problem.

Over 2 million Americans currently receive housing vouchers funded by taxpayers who are already struggling to house themselves, and over 12.9% of Americans receive some form of government assistance. Housing debt far surpasses any other for the majority of US households. That 2 million figure DOES NOT account for the 11+ illegal migrants and counting who the American taxpayers must also shelter. The US government is overtly incentivizing people NOT to work at this point. Why work a low-skill job when you can sit back and collect far more than you would from a paycheck? Why work toward a higher-paying career when you’re being handed cash with no strings attached? Why believe in the union of marriage when you’re paid more to have children out of wedlock? There is no emphasis on personal financial responsibility in the current system, as socialism relies on everyone sharing the burden of poverty.

Sep 20 2024

Harris Admits She Does Not Respect the Second Amendment


Posted originally on Sep 20, 2024 By Martin Armstrong 

They say it’s a conspiracy or exaggeration at best to claim the Democrats want to decimate the Second Amendment. The left talking points claim that they merely want to curtail access to guns, but resurface interviews prove that is simply not the case. Kamala Harris admitted that she believes authorities should have access to citizen’s private residences to “check to see if they’re being responsible” with firearms.

Second Amendment

“A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.”

Fourth Amendment

“The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.”

Unconstitutional

Encoded in the United States Constitution is the ability to bear arms. Our Bill of Rights clearly dictates that the government may not infringe upon our rights as American citizens to bear arms. Elsewhere, the Constitution forbids illegal searches and seizures. Yet, this is precisely what we could expect under a Harris presidency.

“We’re going to require responsible behaviors among everybody in the community, and just because you legally possess a gun in the sanctity of your locked home doesn’t mean that we’re not going to walk into that home and check to see if you’re being responsible,” Harris once said in 2007 when acting as district attorney of San Francisco.

Did she not attend law school? Harris claims she herself owns a fire arm, but per usual, rules for thee and not for me. Even far-left Governor Newsom called these measures extremes. “We’re not going to knock on everybody’s door, we’re not going to break in and inspect,” Newsom once said when questioned about gun regulation. Harris disagreed and said that these extreme measures would benefit the government in encouraging “certain types of behavior.” ‘When we create laws, it’s not only about creating an opportunity, if you will, to prosecute someone for committing a crime, but more importantly, when we legislate our values, it’s about trying to encourage certain types of behavior,” she said.

Harris does not respect American freedoms provided by the Constitution. Straight from the horse’s mouth, Harris believes LEGAL gun owners should live in fear of Big Brother barging in their home at any moment, violating both the Second and Fourth Amendments. She does not respect the First Amendment for free speech and likely will tie in “misinformation” with those “shared values” that permit the government to determine who may and may not defend themselves.

Sep 19 2024

Australia Prioritizing the Creation of a Wholesale CBDC


Posted Sep 19, 2024 By Martin Armstrong |  

The Reserve Bank of Australia (RBA) is rapidly developing a wholesale central bank digital currency (CBDC) as developed nations move toward a cashless society. RBA Assistant Governor Brad Jones announced that the bank is launching Project Acacia next month, with the goal of developing a wholesale CBDC within the next three years.

The first form of this digital currency is not yet intended for retail, but extensive research has gone into determining how Australia can transition away from hard currency. Last year, the central bank partnered with the Digital Finance Cooperative Research Center (DFCRC) to determine the best methods to begin transitioning away from the Australian dollar, with reports last stating “a CBDC could be viewed more as an enabling complement to, rather than substitute for, private sector innovation.” The program studied corporate bond settlements by the Australian Bonds Exchange, tokenized FX settlements, as well as offline payments from ANZ bank. The pilot program was met with some difficulties, but the central bank is now committed to uncovering the proper method prior to deployment. “Some uncertainties related to the bespoke nature of the pilot CBDC itself. For instance, the pilot CBDC was issued as a contractual liability of the RBA rather than under a legislative framework, as would likely be the case if a decision was ever made to issue a CBDC in the future,” the report added.

Jones indicated that industry forums will begin in 2025 to discover methods for deploying both wholesale and retail methods. “We have benefited significantly from engagement with industry and the academic community on various CBDC issues over recent years, and we now seek to put more structure around this dialogue,” he said. “These forums would play a similar role to those the RBA has convened in recent years with economists from industry and academia, to hear different views on monetary policy issues.”

For now, wholesale CBDC and tokenized commercial bank deposits are the priority. Jones called recent developments “revolutionary,” as they very well will change our monetary system. About 98% of the global economy, or 134 countries, are exploring methods to launch CBDCs successfully. The Australian Government will be the final decision-maker on the matter, and rest assured all governments are eager to implement an effective digital currency as soon as possible as they believe they will see a large uptick in taxation as no “money” can find its way off the grid under this system. Some of my sources say that governments believe they can increase taxation by up to 35% under a cashless society. “If cash usage continues to decline, it has been suggested in some jurisdictions that a retail CBDC may be needed to preserve monetary sovereignty,” Jones further stated.

Sep 19 2024

Supplemental Poverty Measure on the Rise


Posted originally on Sep 19, 2024 By Martin Armstrong 

poverty

The latest Supplemental Poverty Measure (SPM) found that at 12.9% of American households currently rely on government assistance, up from 12.4% one year prior. The figure was at 11.8% in 2019 and has risen every year under Biden-Harris. The data only factors in US households and not the tens of millions of illegal aliens who also rely on US government handouts.

Around 42.8 million Americans were in poverty in 2023, up from pre-pandemic levels of 38.3 million. We saw poverty levels decreased during 2020 and 2021 when the US government was providing nearly everyone with some sort of assistance to combat wages lost from COVID lockdowns. Those measures simply contributed to inflation and made it harder for those in poverty to move on without government aid.

The SPM factors in tax credits, noncash benefits, social insurance, and market income minus nontax expenses. If only factoring in market income net of necessary expenses, the number of Americans in poverty swiftly rises to 77.8 million. Social insurance programs are now factored into these resources so the data has declined by 28 million, and the addition of SNAP and noncash benefits reduced the figure by another 6.6 million. This certainly does not mean there are less impoverished people living in the wealthiest nation in the world.

Data can be manipulated easily to portray a strong economy. Simply put, more Americans have fallen into economic decline in recent years under Bidenomics. The data would be unbelievable if they actually took into account the migrants who are also living on government aid, and receiving more in aid than Americans citizens who paid into the system.

Sep 17 2024

Countries Grow Weary of United Nations


Posted originally on Sep 17, 2024 by Martin Armstrong

UNFavorability2024

The majority has always accepted the United Nations as a world governing force. Sentiment may be changing according to a new Pew Research Center survey that found support for this global conglomerate waning across the globe.

Of the 35 countries surveyed, 58% still have positive sentiments about the organization, but 31% see it as a negative power. Unsurprisingly, nations in the Middle East, like Israel, no longer support the alliance, but we are seeing declining confidence everywhere. Israel has long held unfavorable views, with 72% holding unfavorable views of the UN; 82% of Jewish Israelis now harbor resentment for the UN compared to 53% of Arab Israelis. Support among Israelis has fallen by 21% in the past year, and of course, the reason goes without saying.

Yet, this phenomenon has expanded everywhere, with over half the people in Japan, Greece, Tunisia, and Turkey falling out of favor with the organization. Support for the United Nations fell by 10 points in the United Kingdom, with 62% of Brits seeing the organization favorably compared to 72% one year ago. Mexico, South Africa, and France all experienced a 9% drop in confidence, with Germany down by 8% and South Korea, America, and Australia all reporting a 5% drop. Only Hungary (15%) and Argentina (6%) expressed increasingly positive views.

United Nations 2

Perhaps the people no longer see the United Nations as a neutral entity meant to play peacekeeper among nations. The world is waking up and realizing that this organization is rapidly growing in power and attempting to form a one-world government. The majority of those in the West have seen their leaders heed domestic policy in favor of international at the insistence of the United Nations, which partners with other global conglomerates like NATO to impose laws on citizens in nations where they simply have no jurisdiction.

The United Nations displayed the extent of their power during the COVID pandemic, and now are championing climate change initiatives and continually calling for governments to submit to their direction. This organization is pushing for the Great Reset with its Agenda 2030.

The International Monetary Foundation (IMF) has been spearheading the push to replace the sovereignty of individual states with a UN-backed global authority that will control everything from our digital identities to the direction nations take in war and trade. Then, they argue that nation-states should begin paying taxes to this entity over individual governments. According to our models, the United Nations, as we know it, will come to an end by 2031 following the old League of Nations.

Sep 14 2024

Dave Brat Warns Of The Public Sector Slowly Taking Over Every Industry, Communism Incoming


Posted originally on Rumble By Bannons War Room on: Sep 13, 2024 at 09:00 pm EST