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originally posted by: Cygnis
So I been reading what I can find regarding the Panama Papers.
Honestly, I don't have a clue what is all going to come about because of this data dump leak.
However, I did have a thought come to mind, So hear me out.
So with the global financial markets teetering on the edge of oblivion, and Negative Interest Rates Practices being implemented in some places.
Could the Panama Papers be the ignition on the fuse for the people to demand a One World Currency, managed by a massive data-collecting behemoth to know where every penny of your hard earned digital currency is spent.
Additionally, we are seeing a call for the demise of physical money, which plays into the above scenario.
Imagine, a facility like the Utah NSA data store facility, but for global financial records, every item you've ever purchased being logged and recorded.
Could this lead to that sort of push? What is your thoughts, ATS?
originally posted by: Metallicus
a reply to: Cygnis
I sure hope not.
We simply don't need more ways for THEM to control us. They already control our access to so many of life's basic necessities like passports, healthcare and communication. I don't want to live under the thumb of some global currency scam as well.
originally posted by: Painterz
Nope. How would you even begin to implement a 'one world bank/currency'?
How would the Chinese and Americans and Russians and everybody else agree who regulates and controls it?
And how would you sell the idea to electorates who don't want to change the money in their pockets? It would be an instant election loser for any party that tried to implement it.
Plus the elites make way too much money out of just trading in currencies.
So no, I don't think there's any risk of global monetary union being piggy backed on this.
originally posted by: pikestaff
I think too many countries leaders would be mighty suspicious of any one broaching the subject of a one world currency, Russia, China, Iran, Arabia, south America, to name some, I learned some time ago when the Brits went metric, (100 pennies to the English pound) the lost 140 pence per pound, a pencil at six old pence, became a pencil at six new pence, as the old pound was 240 pence to the pound, new pound, 100 pence. a loss of 140 old pence.
That's what would have have most people Leary of anything to do with a one world currency.
originally posted by: enlightenedservant
a reply to: Jubei42
Even simpler, it would be those same powerbrokers who'd be making the laws for that agency in the first place. We'd need uncorrupted people in every facet of government before creating these agencies, otherwise the corrupt ones would still control them. And if that were the case, I'd expect them to target common people instead of targeting the wealthy. Kind of like the drug laws that virtually never go after stockbrokers, bankers, and celebrities, even though those demographics are notorious drug users.