Yeah it is true.


In laymans terms before anyone picks me up on making this too basic and skimming over it.


Up until 1971 we were on the gold standard, it meant every dollar, pound etc. in your pocket was linked to physical gold in a vault somewhere.
Gold is good because it is, for all intents and purposes, finite, or it got to the point where it costs more to mine it than it is worth. That is an important feature of precious metals as a currency.

In 1971 we converted all the money to the FIAT standard, we simply converted the gold, which was linked to the dollar, to just the dollar. A ratio of 1:1. A dollar was a dollar, and that dollar bought you x amount of gold.
We were to come off the gold standard, print an extra 10% of money, which in turns devalues everyone's money by 10%, but it allowed us to pump money back into the economy (banks and governments) to stop a depression like 1930 happening.

Which is what they did.

However, a week turned into a month, into a quarter, and they printed 20%, then years and they printed more and more.
They got to love this new FIAT standard, if the central banks got in trouble they simply printed more money for themselves.

If you print $1 trillion today and give it to yourself as a central bank, it doesn't devalue it overnight, it gives you huge buying power, it only devalues over months or even years, as that money trickles down from central banks, to governments, to corporations, then into products and services until it gets to the end user, who takes it as a wage or payment for the item at the end of the chain.
It also means that if there is $10 trillion in the system, and now there is $11 trillion there is no more real money added, what you have done is, by the time it has trickled down is made everyone's money worth less, for every $100 in your bank it is now only worth $90 (I get I am doing basic in my head maths.).

They have been printing and printing and printing.
Take a mortgage out, you don't borrow from Edna's pension savings, the bank simply prints it, same with a car loans, etc. etc.
The problem is they are meant to pay it off when it is repaid, but that has not been happening, again it goes back into the central banks and even the high street banks pockets. they just print more and more and they buy up more and more land, property, or businesses through funds like Blackrock.

We are now at the point where the real money, the amount converted from gold is less than 1%, in other words 99% of the money out there is fairytale money. When it gets to 1% it is time to admit you have racked up the credit cards and you don't have any more cards left in the drawer to take out more money.

Think of someone who has their whole life on cards, £3000 a month card bill but only earns £3k a month, but it is OK as they have another card in the drawer with £30k limit, so they stick that in the bank, it buys them 10 months. But it doesn't as the payments are now £4k a month, so after 7 months they apply for another card, but they are refused everywhere. Bang! They have gone bust.

It doesn't matter though with central bank as they own the money, they will just write it all off and start a new monetary system.
When I say write if off I mean they will write of the pension schemes etc. Governments for the first time in history have allowed bail ins (where they get to keep your money in the bank!) and across the US, EU and UK in 2020 they are allowing repossessed homes to be rented back out (that is an important fact that is not being discussed). You will own nothing and be happy.

One problem though, they knew this was coming, what they didn't know in 2008, was that we would get Bitcoin.


That scares them silly.


I have hidden the rest as it gets a bit tin foily. But don't listen to me, go straight to the source.

What is money? A ledger. I owe you for x.
it really is as simple as that.
Bitcoin is like the gold standard. It is not infinite, it now costs more to 'mine' than it is worth. No one can print more devaluing what is already in circulation and banks can't just pint more to get them out of trouble. Every single transaction is trackable by every single person that owns it so can not be compromised.
And most importantly it puts the power of money back in the people's hand, or rather, it takes it away from the central banks. And let's remember who the central banks are and who they are owned by.


In 2009 the central banks and the fed wanted to increase the US borrowing from $7 trn to $11 trn to save the banking system. (I keep using the US as it is a good example, same was happening in China, Europe etc. too). Congress said that if they went passed $9trn they could never pay it back, they would be in a debt trap as GDP was not enough.
The argument was that if they printed to $11 trillion they had basically devalued the dollar by 30% overnight so only like borrowing £9 trillion anyway. Crap and totally incorrect argument.
They agreed to it!
The previso was that by 2019 they would have that back down from $11trn to $7 trillion. Cool.

2019 came around and not only had they not got the debt down it was now at $19 trillion! By Feb 2020 it hit $26 trillion, they were now just buying time while they worked out what to do.
Panic was setting in.

That is when they allowed company buy backs again, where companies can buy their own shares to keep the price artificially inflated, needed because people were dumping stocks and there was real fear the markets would collapse before the new monetary system was in place. the problem was the new Central Bank Digital Currency that was being introduced was an issue.

Why? For a start it was a one world currency. Not every country wanted this and to have it was admitting that we would have a one world governance, which for many is a bit too much like a One World Government and there would be real resistance.
How about going back to gold? Problem with that is nearly everyone has sold their gold, who to? Russia and China. With the exception of Germany. But then we make Russia and China the richest most powerful countries on the planet along with Germany.
How will the people take that? I think we all know.
Plus, the countries who are not playing ball like the Arab states and again Russia, because they don't need to, they are wealthy through oil and gas, will also become the super powers overnight.

So it is CBDC that is needed, but for a CBDC we also need everyone on the planet, or everyone who takes this on, which is all the Davos/WEF lot, to get a Digital ID. But again there is resistance to digital IDs in the west.

They rolled out the digital currency and social credit system across China in a few select cities in 2019 and it went live properly recently.

The pandemic arrived at the perfect time to get everyone to have a digital ID. All they needed was for everyone to have a health passport, which could then become our digital ID. They had role played this for a year leading up to it remember. A pandemic outbreak starting in Wuham China.
They had also role played vaccine uptake with H1N1 swine flu in Belgium. Watch the Belgian health minister give his talk to leaders at Chatham House telling them how easy it was to convince people there was a pandemic simply by using the flu figures they get every year. Sure, there was a virus, but look how the early talk from WHO Fauci etc. all said it was not a concern, 99.7% would be fine and 99.999% under 70 would be fine too. Then look how that slowly changed.


Obviously the Arab states was still an issue, as is Russia, but the Green agenda should get rid of that, if you are only powerful because you have oil or gas, then let's have a world where we have no oil or gas. Perfect.
Also, many argue that Russia is not cash rich, but they have gold, if they have a war they will have to sell off their gold to pay for it. If they no longer have any gold we could move back to a gold standard short term. But that is getting onto a very emotional subject.


Where are we now? Well the uptake for vaccine passports was not good, so digital IDs are not here, so now we move onto a climate crisis, a digital ID to fight that may be an easier sell than one for a virus that most have had and that is now less deadly than flu?
The social credit score than they have all been pushing, which is what he CBDC will be part of, will allow you to track your carbon footprint, get points for being green, using your car less, flying less, buying less alcohol, buying more from the food corporations they deem healthy, etc.
The new programmable Central Bank Digital Currency linked to your social credit score is their big push now more than ever, and they need it too, because they can't can't keep printing and people are going to start asking questions soon. Inflation at 9% is nonsense, looking the fuel pumps, energy prices, supermarket bills, people can see something is up.
A one world currency they know will be rejected, so they are going to release a Britcoin, Digital Dollar etc. etc. It will all be the same but feel like it is sovereign.

I will post some links to the CBDCs, it is very telling how scared they are of Bitcoin. Don't get me wrong I'm no Bitcoiner. I think it would be the best think to happen to humanity, but it will not be allowed to happen. They will make it illegal, like cash will be illegal, and if you are suddenly faced with 25 years in jail for using them people will not use them. They don't need to turn it off, that will be enough of a deterrent.

But our very own Mr Sunak has been the voice of CBDCs with the WEF/Davos lot over the last year, he has been telling them all how wonderful it will be to be able to turn on/off people's money for certain things when they hit their quota, be that for fuel, electricity, certain foods or alcohol, or because they are not towing the line, following the narrative, they gave the freezing of the people's bank accounts who donated to the Canadian truckers as an example.
Problem with that is what happens when you get your money turned off because you want to vote for someone else?

Money is power and if we think moving from gold to FIAT gave them power, well, you ain't seen nothing yet! grin

Last edited by gIzzE; 2022-07-20 15:54.
No Darling, I've had it months!