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As opponents of central bank digital currencies (CBDCs) are getting more vocal in their criticism of this type of digital version of paper money that many countries are either adopting or are close to doing so. This is one of the pillars of financial globalism, the International Monetary Fund (IMF), has made its stance very clear.
The IMF’s Spring Meetings this year saw the announcement of the organization’s own, “international central bank digital currency” called the Universal Monetary Unit (UMU, aka Unicoin).
The IMF said in a statement that UMU functions like a CBDC and is a legal and global money commodity. The purpose of this particular iteration of a CBDCs is to make sure banking regulations are enforced, as well as to protect “the financial integrity of the international banking system.”
This currency will be used by banks via SWIFT codes and bank accounts linked to a UMU digital wallet.
The scheme is supposed to allow for digital cross-border payments modeled after SWIFT, and promises best wholesale exchange rates of settlement currencies and real-time settlement, “while bypassing the correspondent banking system.”
At the same time, IMF officials are describing the current cross-border payment system as slow, expensive, and risky, while declaring that UMU’s goal is not disruption of the international monetary system – such as it is – but rather, to further “strengthen” it.
Coffee the Christian way: Promised Grounds
Not only that, but the IMF looks set on rebranding the term “crypto” – normally associated with decentralized digital currencies that leave central banks and governments out of the equation. “Crypto 2.0” is how the IMF would market UMU, and likely, CBCDs in general.
Meanwhile, critics of CBDCs are using strong words to express their opposition to the trend, with some calling it a path toward financial slavery that is always a handy companion to political tyranny.
More criticism has to do with CBDCs being seen as a way of introducing social credit scores and digital IDs, thus having individuals fully ceding to the government control over their own assets and/or the amount they spend.
Unlike cash and decentralized crypto, CBCDs are feared to spell the end of private financial affairs, and usher in even more surveillance by the authorities.
Article cross-posted from Reclaim The Net.
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
At Prepper All-Naturals, we believe Americans should be eating real food today and into the future regardless of what the powers-that-be demand of us. We will never use lab-grown beef. We will never allow our cattle to be injected with mRNA vaccines. We will never bow to the draconian diktats of the climate change cult.
Visit Prepper All-Naturals and use promo code “veterans25” to get 25% off plus free shipping on Ribeye, NY Strip, Tenderloin, and other high-quality cuts of beef. It’s cooked sous vide, then freeze dried and packaged with no other ingredients, just beef. Stock up for the long haul today.
Not ever……
This will tie in nicely with FEDNOW, and ID.ME… The beast system foundation…
Lets make Unicoin a Unicorn (a fantasy creature never found in the real world).
And… Poof! your money is gone. Either hacked or confiscated by the government because either they needed it or your weren’t ‘compliant’.