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.
However, in a remarkable escalation the U.K Parliament is now targeting Russell Brand. The British government has sent a letter to U.S. video platform provider Rumble demanding they take action against Brand. Not only is the British government targeting an individual and demanding action over an unproven allegation, but they are also sending a letter to the U.S. company demanding acquiescence to their censorship demand.
Rumble has previously stood strong against the demands of the French government, and once again stands at the forefront of freedom in responding to the UK demand.
Rumble CEO Chris Pavlovski responded to the U.K govt and shared his response on Twitter. “We emphatically reject the UK Parliament’s demands.”
In an era where social media are more than willing to crawl into bed with the censorship demands of government, looking at you Elon, it is refreshing to see a platform refuse to be pushed into a position of censorship.
Well done Team Rumble.
Now let’s ask why billionaire media mogul Rupert Murdoch is targeting opinions that might run against the official government narratives? I seem to remember someone warning about an increased effort to remove specific entities and platforms that will not adhere to official government positions.
I think Bill Gates will go down in history as in the list of the top 5 demons who have waged war against humanity. He represents what some call the Gates of Hell. Nobody will stop this guy; he is out to reduce the world’s population, no different than Hitler or Stalin. Nothing this guy does shows he cares about humanity. The Telegraph reported back in September 2018:
“The billionaire philanthropist Bill Gates has delivered a stark warning on population growth in Africa, saying if left unchecked, it could unravel decades of progress and fuel instability across the globe.”
Gates pretends to care about society with his FORCE vaccines. Yet this is contrary to all his efforts that claim we are doomed unless we REDUCE population as his father did with abortions and Planned Parenthood.
They were very clever in telling women it was their RIGHT to kill their children. Ruth Bader Ginsburg made it clear when she got to the Supreme Court it had NOTHING to do with women’s rights — it was all about reducing the population, especially among minorities, not much different than Hitler with his Aryan Race. Just last year, Gates launched a program for condoms in Africa. Even back in 2013, GATES SWORE HE WOULD REINVENT THE CONDOM.
Why would ANYONE believe Gates on anything? These vaccines are NOT intended to help society. Klaus Schwab also makes the short-list of the greatest threat to humanity. His World Economic Forum joined Bill Gates-controlled GAVI to promote using biometric tracking technology to force-vaccinate African children to take Gates’ malaria vaccine that does not even work. This vaccine produced deadly meningitis in at least one out of a hundred children receiving four doses.
NOBODY will stop the WEF or Bill Gates because our career politicians sanction whatever they want to do if perhaps the bribes are big enough.
The West has provided Ukraine with EVERYTHING, from weapons, training, and money to removing their opponent from the SWIFT system and irreparably harming their relationship with Russia. The blank checks to Ukraine are real, as we have come to learn as week after week, politicians travel to Kyiv to offer more and more. Major General Kyrylo Budanov of Ukraine knows that there would be no war without Western aid, and said that he knows Western nations can provide more since “warehouses in Western countries are not completely empty.”
According to Joe Biden, the US is low on ammunition but there are always supplies and fund for Ukraine. Budanov said that Ukraine’s current arsenal could be depleted by 2023, or in three years. “We are dependent on external players,” he admitted. “Russia is mostly dependent on itself.” That is because the West is using Ukraine as cannon fodder as the war was planned many years ago. Everything had to fall into place from installing Zelensky to using the fake Minsk Agreement to buy time to build up Ukraine’s military.
Zelensky plans to travel to New York to ask the United Nations General Assembly for MORE. How are the people not concerned with this guy showing up to every major event and begging for funding from countries that are on an economic decline? Ukraine will never stop asking for money and the West will never stop providing it to them.
Hence, NATO Secretary-General Jens Stoltenberg is already preparing the public for a “long war.” “Most wars last longer than expected when they first begin,” Stoltenberg told Funke media. “Therefore we must prepare ourselves for a long war in Ukraine.” He spreads the lie that Russia wants to wipe Ukraine off the map when Putin has made his intentions very clear from day one. Had the signing nations abided by the Minsk Agreement, there would have been fair elections in the Russian regions of Ukraine and all of this could have been avoided. But the neocons want war with Russia. “We all want a quick peace,” lied Stoltenberg. “At the same time, we must recognize that if [Ukrainian President Volodymyr] Zelenskyy and the Ukrainians stop fighting, their country will no longer exist. If President Putin and Russia stop fighting, we will have peace.” All of the peace offerings have been declined. War is the only option now, and Ukraine will continue to milk its Western allies for everything they can give.
Funded by the Pentagon, the RAND Corporation’s National Security Research Division published its annual report to note potential risks to national security. RAND researchers found that aging politicians may be a danger to the US. “Taken together, we believe that an increasing number of cleared personnel — that is, personnel who hold or have held security clearances — have or will have dementia,” concluded the RAND researchers.
Joe Biden has the codes to our nuclear weapons, allegedly, but can’t recall what he had for breakfast. McConnell has begun freezing amid conferences and everyone looks the other way. Feinstein relinquished the rights of her own estate because she doesn’t trust her current mental health. We’ve seen Biden make countless remarks about his handlers telling him where to go, who to call upon, and what to say. Yet even though these people work for us, they refuse to leave office.
Researchers found that aging US politicians have “difficulty remembering new information, poor judgment, impulsivity, disorientation, and behavioral changes.” We’ve seen the commander-in-chief exhibit all of these symptoms. The report notes that those with dementia are very vulnerable and may be targeted by an adversary. It is not possible for someone with this degenerative condition to hold onto classified information, let alone make informed decisions on behalf of the nation.
RAND researchers believe that the US government should codify a process to keep track of elderly individuals with security clearances to monitor them for symptoms of dementia. Our current Congress is the oldest in American history. The average Democratic senator is 65, while the average Republican senator is 63. Joe Biden became the oldest president of the United States at 77, and 77% of Americans believe he is simply to old for a second term. Dementia is a completely avoidable threat to national security if we hold elected officials accountable.
Italian PM Giorgia Meloni announced that Italy will begin cracking down on illegal immigration in the wake of the Lampedusa invasion. The small fishing island of Lampedusa in Sicily has seen its population double this month after countless African migrants arrived on shore. Meloni promised a tough stance on migration during her campaign yet illegal immigration to Italy has doubled in the past year. EU Commission President Ursula von der Leyen went to Sicily with Meloni to discuss the situation.
To curtail the flow of refugees, the Italian government will not detain illegal migrants for up to 18 months. “We will decide who comes to the European Union, and under what circumstances. Not the smugglers,” Von der Leyen said. The EU under former German Chancellor Angela Merkel opened up the floodgates of refugees many years ago when claiming Europe was a safe haven for asylum seekers. People from throughout the second and third world have since found their way to Europe. Other EU nations are looking at the situation in Italy and realizing their borders will be next.
French interior minister Gerald Darmanin said that it is France’s responsibility to “help our Italian friends.” It is also their responsibility to let those wishing to illegally enter Europe that they are not welcome. ‘’Our will is to fully welcome those who should be welcomed, but we should absolutely send back those who have no reason to be in Europe,” he said, noting that there was no particular reason for these people to claim political asylum.
I mentioned that these migrants are primarily military-aged men traveling alone. They are using an old military strategy where they dock their boats in rapid succession to overwhelm the Italian coastguard. There is more to this situation and a reason that the first world is being bombarded with migrants. The Italian Navy may be deployed to guard the waters with North Africa if the crisis worsens. “It does not make sense to trust traffickers, because they will take a lot of money, put you on a boat that is unfit for the journey and once you get here you will be detained and sent back,” Meloni pleaded.
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.
COMMENT: Mr. Armstrong, I just wanted to say thank you so much. I was listening to the perpetual gold analysts for years who never changed their tune. It was always buy, buy, buy, and the dollar would go to zero any day now. They always looked at the Fed and the balance sheet, and when they were wrong, they blamed the bankers for manipulating gold.
I sold out in 2013, and you said gold would decline for two years. It did not crack $1,000 as you hoped, but it elected two monthly bullish reversals within two months of that low, and you said it would rally to test $2,000. You also projected that the stock market would outperform gold, and contrary to all the gold bugs, you said they would rise together. Nobody made that forecast.
I had two friends who did not listen to you. They took home equity loans to buy more gold and did not sell in 2013. The gold bugs ruined the marriages of my former friends, and both lost their houses. We no longer talk because they lost everything when I followed you. The stock market did much better. People need to understand that when you forecast the world, you see things are all connected.
Thank you so much for the education.
ED
REPLY: I am glad you understand that you cannot forecast a single market to the exclusion of everything else. The world economy is all connected. As I have said, without World War I & II, the USA would still be an agrarian society. The capital shifted, transforming the USA into the world’s financial capital. The problems with the goldbugs’ view of the world is that:
They have broken rule #1 of investing – NEVER MARRY THE TRADE.
They are prejudiced by old economic theories that have not been updated since the 16th century.
When Sir Thomas Gresham (c. 1519 – 1579) devised his Law that bad money drives out good, the metal content determined foreign exchange on the Amsterdam Exchange. Today, the backing of a currency has returned to the days of the Roman Empire. Rome was militarily superior, as is the case of the United States, when it became the #1 military power after WWII. Yet more importantly, Rome had a consumer-based economy, so everyone was proud to be Roman, for it gave them access to the largest consumer market in history. The Emperor Marcus Aurelius (161-180 AD) had even sent an ambassador to meet with the emperor of China. The United States currency is NOT backed by gold or any commodity. It is supported by a consumer-based economy, the same as Rome.
India traded with Rome. That is where the silk from China moved through India to Rome. However, India was also the supplier of dyes and spices. Rome’s coinage was worth more than the metal content of the time of Gresham during the 16th century, for there was no significant military power nor a consumer-based economy. For over 200 years, Southen India imitated Roman gold and silver coins; at times, they even weighed more in gold than genuine coins.
Here we have an imitation gold aureus of Septimus Severus (193-211AD), which weighs 11.3 grams compared to 7.1 grams for a genuine Roman aureus. That meant that the Indian imitation was nearly 60% heavier. The coinage had a premium because of the consumer-based economy in Rome, and that attributed a premium to the coinage that had NOTHING to do with the metal content. Southern India NEVER issued their own gold coinage. They imitated that of Rome. Today, many emerging markets use the US dollar and borrow in dollars.
The world has changed – I hate to tell them. The old theory of the Quantity of Money does not hold up under any correlation. The nonsense that gold rises with inflation has ruined many and bankrupted others. The central banks have used this theory supported by Keynesian Economics, and it has utterly failed. We have ballooning national debts thanks to Austrian Economics, which propagated the idea that borrowing rather than printing would be less inflationary because you were not creating more money – you were supposed to be draining the money supply. Everything is connected. If a foreign investor buys property in the United States, his money, be it in euro, yen, or yuan, is converted to dollars, and the domestic “real” money supply increases, for the seller, now has that cash to spend. This is not accounted for in any of these antiquated theories.
It is time we reassess how the modern economy of the 21st century truly works. Currency pegs, gold standards, and schemes like the G5 Plaza Accord, which tried to lower the value of the dollar to reduce the trade deficit being oblivious to the fact that they also lowered the value of foreign investment in the dollar, have done nothing but create confusion and economic chaos. Central banks have nothing other than the old-fashioned 16th-century theory of the quantity of money to play with.
Keynes added to the chaos by advocating, like Marx, that the government had the power to control the economy. Keynes advocated the end of Laissez-Faire in 1926. Yet, before he died, Keynes admitted that he was wrong. Nobody paid attention because once the government seized that power, they refused to hand it back to the people.
Gold is NOT a hedge against inflation. It declined for 19 years after 1980 when inflation rose, as did the national debt. Gold is a hedge against the government. That will be why it will make new highs on the 4th run – not because of the Fed or the CPI.
I am finishing up a new book on this crisis in theory. Not only have the godbugs been wrong, but so have the central bankers and those in government. It is time we take a closer look at how things truly function that apparently, like Thomas Gresham, it takes someone to observe reality from a trader’s perspective.
Posted originally on September 15, 2023 | Sundance
Tucker Carlson traveled to Argentina to review the outcomes of socialist policy upon the working class. The economic situation in Argentina is increasingly desperate as hyperinflation is destroying the ability of people to afford common and essential products.
During his visit he interviewed a libertarian candidate who has gained massive popularity. Javier Milei is running for office in the next presidential election and currently has the largest voting bloc of support. WATCH:
Anyone who thinks prosecutors are to be trusted is out of your mind. I have NEVER met one that had an ounce of honesty or ethics. It is extremely rare for any court actually to go after a prosecutor. Perhaps one in a billion. They are on the same team to uphold their 99% conviction rate. Back in 2017, a prosecutor was caught red-handed listening to conversations of a defendant and their lawyer. They do that all the time. Even the New York Times published “Rampant Prosecutorial Misconduct” which was a shock that they acknowledged anything.
In a mafia case, the defendant asked for his phone call recordings in prison. They sent him those of the rat who would testify against him. There, he was on the phone with the prosecutor who was asking him to testify against someone else. He told the prosecutor he didn’t know that guy. The prosecutor said no problem; after he preps him, he will know him like his brother. He then submitted the tapes to Judge Kaplan in New York, demanding an investigation. Kaplan said that was a violation for a different case and refused to allow the tapes to be heard by the jury.
There was a 23-year-old kid charged with a conspiracy for a drug murder, and his crime was someone asked where some guy was, and he pointed over there. He wanted to go to trial, and the prosecutor moved for the death penalty because they never got on in NYC. This list goes on and on.
Prosecutors abuse the system to win unjust convictions ALL THE TIME. There is the case of JOSEPH SALVATIwhere the Boston jury awarded $102 million because the prosecutors KNEW they were convicting the wrong person. Anyone working for the government who does this sort of thing should be imprisoned. After all, they violate the civil rights of an individual and remain immune from criminal prosecution.
There is the case of Jack McCullough sentenced to life in prison in 1957, who was finally released in 2016. One Judge, U.S. District Judge Leigh Martin May, ruled that the SEC courts established by Roosevelt were unconstitutional. The government just ignored the ruling.
Then there was Edwin Paul Wilson (1928 – 2012), a former CIA and U.S. Naval Intelligence officer who was convicted in 1983 of illegally selling weapons to Libya. When one agency caught him, the CIA denied he worked for them. He was tried and convicted. His daughter fought to get documents to prove he worked for the government, which they denied. What they did to Wilson should give anyone pause as to why they would work for the government.
You can tell Wilson was innocent because they kept him in solitary confinement – the ultimate torture. They did that to prevent him from having free communications outside the prison.
It was later proven that the United States Department of Justice and the CIA had covered up evidence in the case. Wilson’s convictions were overturned in 2003, and he was freed the following year.
Wilson filed a civil suit against seven former federal prosecutors, two of whom are now federal judges and a past executive director of the CIA. On March 29th, 2007, U.S. District Judge Lee Rosenthal dismissed his case on the grounds that all eight had immunity covering their actions.
Nobody will hold prosecutors accountable, and most judges are former prosecutors, so good luck with pleading your case. There is not a vein of morality in most of these people. Even an honest judge is just overruled by the corrupt courts of appeal. When you stare into the eyes of a prosecutor or most judges, all you see is the coldness of evil stripped of all human emotion. They lose all humanity in order to do the job.
The Supreme Court has unleashed the total destruction of the Constitution upon all of us, and there is a growing call to acknowledge and address an epidemic of prosecutorial misconduct in the United States, but nobody will listen. The case wasImbler v. Pachtman, and its perverse holding is uncivilized in any democratic state, for it is the decision of a totalitarian regime.
History repeats because those in power will always act in their own self-interest. Nothing has changed since Thrasymachus warned Socrates, whom they sentenced to death, and Palto fled Athens, saying he would not allow a second crime against Philosophy.
There can be no justice when prosecutors are beyond responsibility for their deliberate actions. That is because ONLY the government can bring a criminal action, and they will NEVER prosecute their own. They would take the stand and state they were told to deny the Constitution and that they were only following orders.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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