When CTH outlined the ‘Destination Handbasket’ framework {Go Deep}, we had no idea Blackrock CEO Larry Fink was essentially going to confirm the premise of our prediction. Keep in mind, any digital currency can only work if there is a digital identity attributed to it – what some have called a digital passport which then creates a crypto wallet.
I have based the framework, of what appears to be over the horizon, on a set of inevitable geopolitical outcomes if the current path is continued. The letter by Blackrock CEO Larry Fink [LINK] seems to affirm the strongest likelihood of a western-inspired digital currency eventually replacing the dollar.
NEW YORK, March 24 (Reuters) – BlackRock Inc’s (BLK.N) chief executive, Larry Fink, said on Thursday that the Russia-Ukraine war could end up accelerating digital currencies as a tool to settle international transactions, as the conflict upends the globalization drive of the last three decades.
In a letter to the shareholders of the world’s largest asset manager, Fink said the war will push countries to reassess currency dependencies, and that BlackRock was studying digital currencies and stablecoins due to increased client interest.
“A global digital payment system, thoughtfully designed, can enhance the settlement of international transactions while reducing the risk of money laundering and corruption”, he said.
[…] In the letter on Thursday, the chairman and CEO of the $10 trillion asset manager said the Russia-Ukraine crisis had put an end to the globalization forces at work over the past 30 years.
[…] “While companies’ and consumers’ balance sheets are strong today, giving them more of a cushion to weather these difficulties, a large-scale reorientation of supply chains will inherently be inflationary,” said Fink.
He said central banks were dealing with a dilemma they had not faced in decades, having to choose between living with high inflation or slowing economic activity to contain price pressures. (read more)
You see that problem, that “dilemma” Fink mentions in the last paragraph above. That is what we have been talking about on these pages for more than two years. It is a dilemma western government created when they all joined together and followed the exact same financial path during the pandemic.
When western governments used the justification of the global pandemic to shut down their economies, enforce lockdowns and all of the subsequent rules, restrictions and economic pains as a direct result of those decisions, they put us on a crisis path that was always going to bring us to this “dilemma.” Quite frankly, I do not see that unity of action as accidental, nor do I see it as organic.
All of the western leaders followed the same monetary and financial policy that was being advanced by the World Economic Forum. They all spent like crazy, and provided tens-of-trillions in bailouts, subsidies and cash payments to cover the economic losses created by their COVID lockdowns. They all did exactly the same thing, and that collective action is why we have ‘global inflation.’
Perversely, while inflation crushes the working class, global inflation works to their benefit by lowering the cost of the debt the politicians created, which the central bands and federal reserve facilitated. We the citizens are suffering under inflation, but the governments that created the inflation actually benefit from it.
I will say with great deliberateness, these western governments want inflation. Sure, it provides a political challenge for those who need to get reelected by voters, but in the bigger of big pictures, they need inflation. Think about it in very simple terms. If they did not want inflation, those same central banks and federal reserve policy makers would have raised interest rates six to eight months ago.
None of what is happening in supply chains and inflation is a surprise to them; they might pretend not to know, but these are not stupid people. This is by design. Media covers for them because, well, I’ll accept the PR firms for the regimes are idiots. However, the people who constructed these policies to take advantage of COVID-19 are not dummies. They knew what all that intervention, manipulation and govt spending would lead to.
Where we are going now is a self-fulfilling prophecy, a destination that is a result of specific action the guided policymakers have taken.
Yes, in hindsight, all of it does seem planned to a long-term eventual conclusion. However, I’m not going to make that specific affirmation just yet; there are still strong elements of ‘not letting a crisis go to waste’ as the leading driver. Did these governing bodies create the underlying crisis? We can debate that, but the point is essentially moot. We are where we are.
The vaccination protocol created the Vax-Passport. That has opened the door to the digital identity, “digital id.” Any government created digital currency is going to need a digital id from the outset.
There are a lot of people asking where this is going, and what can be done to stop it. I’m pretty certain we have accurately identified “Where This is Going,” and I’m a lot more confident now about that aspect than I was even just 24 hours ago. However, knowing that, now we need to look closer at what they would do to stop us from disrupting it.
Well, they did not hesitate when it came to killing people; you know, withholding therapuetics that could have/would have saved lived? You know, putting people (mostly old and infirm) into hosptals and then starving them to death and not allowing their families to see them or help them?
They’ve committed innumerable crimes against humanity and they do not care about pain or suffering they’ve caused. They view us as livestock.
These people are sociopaths. Monsters. They are capable of destroying the entire world as long as they save their own skins.
https://rumble.com/vy525f-yuval-noah-harari-surveillance-under-the-skin-and-trusting-science-above-ev.html
Satanic. They really and truly are demons.
Joyce,
I concur with your perceptions. All of this was planned to eliminate cash and replace it with a digital currency in sync with the Communist concept of “social credit.”
Digital currency allows a central authority to determine what you can purchase, how much you can purchase, where and when you can purchase, and even IF you may be “allowed” to purchase any commodities or services.
Your ability to purchase anything can be immediately cancelled if you displease some political ideologue.
Not to mention that your whereabouts can be tracked by satellite 24/7…
Yes to all of the above!
They seem to think they themselves will not be around at some point.
Don’t they expect to transfer themselves from the human body into a computer?
Let’s just help them out with that, shall we.
And then crash that computer?
and how is that brought about – by an infection from some kind of computer virus developed by Bill Gates?
I meant to say, they seem to think they themselves will NOT not be around at some point!
(ah-ah-ahm remindin’ myself of Foghorn Leghorn sometimes)
I noticed that the backdrop these communists used for their group photo says “PPP.” Is this the new slogan? Is “BBB” now retired?
These people are so arrogant to think that they are in control. There is one in control but it is not them. The God of creation has always been in control and he always wins!
They do care about the pain and suffering they cause. They WANT to cause pain and suffering and death because that pleases their master, Satan.
We are livestock to them as long as we are useful to them. After we’re no longer useful we become human sacrifices to their god, Satan.
In the end
God ✝️🩸🙏
WINS
These SATANIC EVIL Globalist locusts will perish in the deep pits of HELLS FIRE 🔥
I have been for a while that I think the US is headed for a second Civil War. The worse it gets the more I think it will happen.
We should only be so lucky. They will slowly and relentlessly smother humanity like some satanici anaconda. Famine, disease, and pestilence. They aren’t dumb enough to fight a civil war with us.
Thinking of Freedoms worth protecting that are not (yet) in the Bill of Rights, how about the right to a legal US tender – the Dollar – that everyone is obligated to accept in commerce, without big tech, government spies and bureaucrats, and hackers of all sorts monitoring and recording every financial move we make!!!
I would put that under the 4th amendment which I think should cover that –
well, basically the pursuit of life, liberty and happiness . . . being able to conduct your business of that pursuit without interference . . .
these people don’t seem to know about laissez-faire
I agree, but I also think there are going to have to be a lot more enumerated rights if we ever get a chance at a do-over.
No, they are experts in laissez-faire, but it only applies to them. The Austrian School is British imperialism masquerading as liberty. It’s for the top crowd, not small business.
The Austrian School correctly identifies the problem (privately owned central banks) but give those same pirates free rein (free trade) as the solution, which is opposite to the original American system, which was protectionist.
For example, When Trump put tariffs on metals, the laissez-faire globalists flipped out because it undermines precisely this free trade idea with protective tariffs instead, which protect domestic industry from dumping via from overseas slave labor.
The money masters is the same as the Austrian School. The issue is protecting the nation state as the sovereign over the interests of mega-business
But the British laissez-faire crowd pretend that it’s all about the big, bad governments being too big, etc.
Government done right like MAGA idea, protects the people over the pirates. But now we have the opposite with a government captured by the pirates. But don’t blame big government for this, it’s big business which is raping the people, using captured government as a weapon. Different problem, different solution, we need to fumigate the parasites from government. Then Government can return to its proper role of keeping them at bay, a form of balance of powers. Right now they’re eating our lunch.
Congress will make no money that is not gold or silver.
Um, who died and made this Arrogant SOB King of the world? Trudeau is…The WEF is a secret society. Just like the Masons. Anyone in these groups should not be trusted with public office.
The same vile SOB’s who’ve been doing this for centuries. The ones we are not allowed to call out, without being smeared(not on facts), are the ones behind the curtain
Really, a very good point . . . it seems to me that no one who belongs to a secret organization should hold office at any level in our country . . .
and to me, that includes Mormons.
I did not use to have any concerns about Mormons as the people who were Mormons that I knew in school and at work were so pleasant and nice – but Harry Reid, Mitt Romney and Evan McMullin are three big turn-offs:
Harry Reid in all of his dirty dealings
Mitt Romney AKA Pierre Delecto – his various weird turns, like taking campaign money from Donald Trump in 2012 but turning on Trump at various times, even when Trump was cordial and friendly – and then what has he been doing in Ukraine?
Evan McMullin – going to Syria with John McCain and Adam Kinzinger to meet with and show support for the Founding Fathers of ISIS
All religions have corrupt people in them who think it is for the greater good.
On secret societies, some say that the banking cartel ultimately controls the secret societies and that the people in these secret societies are basically their minions, which is why you always see them appointed to powerful positions. Antony Sutton wrote a book America’s Secret Establishment, which was all about members of Skull and Bones (like George H.W. Bush, GW Bush, John Kerry, Mnuchin) and how they always seemed to end up in key positions of power. I’m pretty sure Kay Griggs said that Rumsfeld was in Cap and Gown, the secret society at Princeton.
And tons of people have talked about the freemasons being a secret society. I’ve also heard Joe Atwill talk about another secret society for extremely powerful business people called Kappa Beta Phi, which Larry Fink of Blackrock belongs to: https://en.wikipedia.org/wiki/Larry_Fink
More on Kappa Beta Phi here: https://en.wikipedia.org/wiki/Kappa_Beta_Phi
And scroll down to see other familiar names who are members of the Wall Street Chapter
After the last two years, anyone in these groups should be tried for crimes against humanity and executed. Forget public office.
“A global digital payment system, thoughtfully designed, can enhance the settlement of international transactions while reducing the risk of money laundering and corruption”, he said.
Except the corrupt money-laundering politicians will be in charge of it.
Digital currency makes everyone a Canadian Trucker.
“Digital currency makes everyone a Canadian Trucker.”
You just penned a meme and a hashtag.
In my view, constitutional property rights in the United States would require that any ownership of money be under the effective control of its owner only, meaning that a return of said money in cash would have to be an available option, otherwise no real ownership can be claimed or enforced.
Thus, how can a citizen really assert his ownership without the option of demanding a return of property?
Any bank statement containing computer print-outs of arithmetic figures of available balances only has legal meaning to the extent that those figures correspond to amounts of US currency that can be returned to its owner and then converted to cash.
In other words, without cash, ownership of money vanishes, and reverts to the entity that created it (BIG BRO!).
Lawyers should get to work!
I haven’t watched it for a while – “American Greed” – on CNBC – each episode is about a particular person and/or company that has ripped off investors –
Bernie Madoff is a famous example, of course – but incredibly, there are many more, in sufficient numbers for episode upon episode – many are the “Ponzi scheme” situations which have only become more elaborate and easier to put over with today’s technology –
statements sent out to the investors indicating the great interest they are getting, etc. etc. etc. –
everything goes swimmingly until one of the investors needs to get their principal out because they want to help their kids buy a house or some other reason arises and the house of cards falls down –
that part about the made-up statements that look SO real and official is quite awful!
If you took that same investment and bought gold, let’s say and did not have anyone “take care of it” for you but keep it where you can keep your eyes on it, it will accrue value jut sitting there!
Or invest it in a piece of property!
But beware of these other guys –
including Fink and BlackRock, all of those crooks –
they used to rip people off all the time with “churning” but that’s kindergarten to this bunch!
fox, hen house scenario!
Scary times indeed. All western nations did the same thing because they are all controlled by the same people, the banksters!
And this didn’t just happen. These bloodsuckers have never made anything, but amassed wealth on usury and from the blood of orchestrated wars. Trump knew how the sausage is made, and he was tearing it down. They couldn’t have that…as Sundance said…trillions were at stake. I recall LLoyd Blankfein arrogantly say he was “doing God’s work”.
So the people have no say through the US Congress about becoming serfs through digital IDs and digital money.
Joe Biden knows a thing or two about digital behavior.
It just doesn’t stop with these wealth beyond reality SOB’s .
Take Take Take and then destroy everything average people worked for after decades of knuckle busting .
These WEF/NWO better remember Americans have always come together and made a stand against tyranny !
This is no different , an economic force invading us to control starve and kill from within .
Against all enemies foreign and domestic !
There is coming a time when we will have to fish or cut bait. It gets down to who fears death and who doesn’t
In facing would-be dictators, who regard central control over everything as a “good,” I am continuously reminded of the wisdom of our founders, who started with Liberty of the People, with certain inalienable rights, then worked up from local to state to national governments, each sworn to uphold those inalienable rights and each state guarantied a republic for a government. And each subject to checks and balances, periodic elections. They knew their history, and well appreciated that most of the greatest calamities of history were inflicted upon peoples by their own corrupt or incompetent governments.
The right of two people to make a trade, or two companies, should be regulated, if at all, only at the smallest government level closest to the people involved.
Digital Anything = Hackable…. gonna be a Grade-A Poop Show.
BTW, any guesses on BlackRock’s transaction fee? I’m sure they’ll keep it reasonable…
OK, CTH Digital Sleuths… get out yer handy dandy ASCII Decoder Ring… Mr. Piddles got a little challenge…
46 75 63 6B 20 4A 6F 65 20 42 69 64 65 6E 21
it says FJB in Hex Decode
Nasty Bully…….everyone can see it now, no doubts no maybes. Uncle Sam is a slave master. Let us all sit back and watch the “friends,” unfriend and walk away in silence. FJB could just be the last President…..So refreshing!
The statists are marching forward with plans to create a new
“digital dollar” that would give the federal government total
control over your money.
But there is legislation to stop them and prohibit the Fed from
issuing a “digital dollar” counterfeit cryptocurrency, H.R. 6415.
You and I need to demand our U.S. Representatives put themselves
on record in support of this bill by cosponsoring – and then
passing – the bill.
If you have already signed your Campaign for Liberty Directive to
demand your congressman cosponsor H.R. 6415 and support its
passage, thank you.
So please make your voice heard with a phone call to your
congressman’s office now! You can call the Capitol switchboard at
(202) 225-3121 and they will connect you to your congressman’s
office.
If you are sent to voice mail here’s a simple script you can say:
“Hello, this is [your name], from [your city-this identifies you
as a constituent] and I’m calling to ask why my representative
has not yet cosponsored H.R. 6415, which would prohibit the
Federal Reserve from issuing a new central bank digital currency.
“The Biden Administration has directed the Federal Reserve to
pursue a digital currency, which would threaten the financial
freedom, privacy, and security of all Americans. The dollar is
already in danger, and Federal Reserve needs to be reined in, not
allowed to foist a new digital currency on the American people.
“This is a radical and dangerous proposal, and we need to pass
H.R. 6415 to prevent it.
“I’d like to know why Congressman [his or her name] has not yet
cosponsored H.R. 6415, and if he/she supports it, when he/she
plans to do so. Please call me back at [your phone number.]”
If you get a live person, you can say that same thing and ask for
an immediate reply.
campaignforliberty.com
I am not calling anyone until I know more about why you want me to call.
Meet Mr Fink(his last name appropriately reflects his lack of character)
https://en.m.wikipedia.org/wiki/Larry_Fink
BlackRock is about $1.5T away from purchasing a large chunk of Midtown Manhattan and constructing the world’s largest office building/monolith constructed entirely out of Black Obsidian.
Like the Black Rock in Mecca
like in “2001: A Space Odyssey”?
(that’s where HAL-9000 says, “Dave, I can’t let you do that.”)
Gozer the Gozerian approves.
“Nimble little minx!”
WHAT ABOUT OLDER PEOPLE WHO ARE NOT TECH SAVVY AND DONT HAVE ENOUGH MONEY?????
We will die earlier rather than later.
Yep, that’s the plan.
We need the military to overthrow the government
Have you seen the leadership of the military lately?
We know who the people are pushing this new world order, so… why can’t they be captured and …
They’ve created enough cracks in our life’s stability, so… let them FEEL instability up there on their thrones. Show them THEY ARE NOT IN CHARGE!!
“Don’t Digitize Me Bro!”
It’s Americans in key positions like Larry Fink who are working to destroy the U.S. dollar and dethrone it as the world’s reserve currency. AMERICANS. They of course do not really consider themselves Americans any more. They believe they are World Citizens. The super rich likely have their assets in Swiss banks in a variety of currencies. So they will be protected from the crash of the dollar. And yes, it will be a massive crash. When replaced as the reserve currency for all international trdae transactions, the dollar will lose at least 33% of it’s value IMMEDIATELY. Imagine your dollar only purchasing 67 cents. The standard of living is going to decline quickly for most Americans. Tens of millions will be thrown from the lower middle class into abject poverty. This is not a wild sci-fi film. This is likely going to happen within the next 4 years.
I can see this leading to the breakup of the USA as at least 60% (possibly more) of the USA populace will vehemently object to this concept.
Money & privacy are as sacred in America as freedom of speech or the right to bear arms.
MOTB
Agree that none of this is accidental. IMO, there is only one person who could turn it around and that would be Trump with his dynamic economic team.
However, the enemy knows that and unfortunately 2024 will be too late. Everything is at a global scale now (pandemic, war, famine, etc.,) all planned.
America and her Constitution would be their biggest obstacle but unfortunately we now have a globally complicit U.S. government. We need divine intervention. I have faith we will get it.
When they froze Russian assets and SWIFT’d the majority of Eurasia, they shot themselves in the foot. Now Yellen is talking about freezing Russian gold holdings. Remember how Christia Freeland started a run on Canadian banks by zapping heterodox bank accounts? Yellen just did that on a geo-political scale. They can’t have a global currency without an identifiable global reserve to back it, and the USD won’t be there to back it once BRICS and OPEC are through finding a parallel way of doing business. Worldwide socialism just got pushed back by a decade because people/nations will still have the opportunity to own something independent of the will of the Banks/Gov’t.
There really needs to be a central repository of these types and THEIR data.
A Blackrock, Vanguard, Federal Reserve or any other digital currency sponsored by the deep state must be completely rejected by all. It would mean the end of the USA and all middle class families around the world.
Sundance says “However, knowing that, now we need to look closer at what they would do to stop us from disrupting it.”
I would say we need to look more closely into what we can do to disrupt this.
Any ideas?
This Richard Cranium is a Democrat. All one needs to know.
I don’t think any government needs to actually get elected by the voters.
Any election can be rigged and stolen nowadays, which really frees the hands of these “elected” despots.
Elections are irrelevant.
What is written on the background of the PPP sign behind all the posing people?
What happens when people can no longer afford the internet or a mobile phone ? No digital footprint ?
2 nukes in the right place and its over. Someone is over calculating their value to society💥💥
Funny, it didn’t mention that the digital money will be programmable. The government or your employer will be able to stop you from buying something they don’t want you to have. Like red meat, beer, tobacco etc…