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IMF Hints at Introduction of Global Digital Currency

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posted on Oct, 17 2020 @ 08:06 AM
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There have been rumors for some time about the introduction of a global digital currency, which is often described as the focal point of the NWO's power play in controlling our lives (i.e. digitized currency means complete transparency of everyone's finances, and absolute authority over your purchase behavior).

A new video has been released by the International Monetary Fund entitled:

A New Bretton Woods Moment

The Bretton Woods Agreement was an international accord from 1944 that established a modern, global cooperative economic system, with gold-backed currency exchange markets ("gold standard"), and a central banking system to assist in currency flow around the world. This also marked the founding of the IMF itself, as an agency to bring stability to international circulation of capital and currencies. The Bretton Woods Agreement remained in effect until 1971, when President Richard Nixon replaced the gold-backed US Dollar with the fiat Dollar, and all other currencies were free to peg against the Dollar or any other backing entity EXCEPT gold; this is how the currency exchange system is structured to this day.

The original Bretton Woods Agreement was a critical juncture in economic history that would shape global finances for decade. So. when the IMF uses such language ("A New Bretton Woods Moment") to describe how they plan on implementing future monetary policy, it is bound to capture attention, particularly from folks who have been predicting the arrival of a world-wide, digitized currency, "One Cryptocurrency to Rule Them All"

I happened across a video on YT from a fellow named Simon Dixon, who is a self-described "Bitcoiner and author", that analyzes the release of IMF's "A New Bretton Woods Moment" and details how the IMF's roadmap could just be more of the same debt-based, hyper-inflated bubble economics, with a new twist: introduction of a digital currency to remove the liquidity and anonymity that traditional currencies provide.

I think his critique of the IMF's policies resonates, particularly with situations we've seen in Europe, and also in developing countries around the world, where non-governmental organizations (EU, IMF) offer a "Trojan Horse" debt strategy, enticing countries to borrow large sums of money, with strings attached to how the debt is spent, unfavorable borrowing terms/interest and forced austerity to ensure repayment of borrowed capital. Once nations take on debt from such agencies, or if/when they surrender sovereignty of their currency system, it opens up a Pandora's Box where their economic and political self-determination are removed in favor of following whatever course best suits a cabal of international banksters and un-elected bureaucrats.

What I found most interesting is that Mr. Dixon believes that a digital currency introduced by IMF could be divorced from typical characteristics of crypto-currencies we've seen, rather than being built around an open, authenticated, distributed ledger (i.e. block chain), it would merely be a centralized database owned and controlled by the IMF. So it would be just another centralized Federal Reserve banking system, disguised as a crypto-currency.

It sounds like more of the same, an expansion and consolidation of the Federal Reserve system, re-imagined with a digital twist, but more of the same financial policy (i.e. debt to the moon).





posted on Oct, 17 2020 @ 08:13 AM
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a reply to: SleeperHasAwakened

Hmmmmmm...MIM’s Street Talk yesterday?



posted on Oct, 17 2020 @ 08:23 AM
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The speed of that speech was mind-numbingly slow. I must be used to the 1.5x speed I can adjust youtube videos to. Anyway, I didn't hear where she mentioned anything about digital currency, but we all can see the next steps the IMF is ready to take. Digital currency is the next physical step towards one-world currency. It's inevitable.





posted on Oct, 17 2020 @ 08:31 AM
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In some ways, digital currency seems like a sad inevitably. However there is still an enormous demand for non-transparent transactions. Crime as a whole is one of the biggest industries on the planet, and crime can only thrive when there are ways to hide transactions from the authorities. Whether it is vice, fencing stolen goods, running shady business, or money laundering, there will always be a demand for untraceable transactions. The elite get up to shady activity as much or more than petty criminals, so they will not welcome total transparency with open arms. Which means it probably won't ever be total.



posted on Oct, 17 2020 @ 08:34 AM
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originally posted by: KansasGirl
a reply to: SleeperHasAwakened

Hmmmmmm...MIM’s Street Talk yesterday?


I did read a thread he wrote about vague, amorphous changes to currency, presumably in Japan, without much reference to published information or verifiable sources (I guess that's why it's called "street talk").

I can assure you that I didn't draw inspiration on this subject from his thread (no offense MIM), but I was very impressed with Simon Dixon's theses and how he presented his ideas. Very much recommend taking the time to watch his video, even if, as mentioned below, the original IMF video he's critiquing is painfully slow.

If indeed there are large-scale changes afoot to global currency, it wouldn't surprise me if all information sources, both cited/fact-based and "off the record", begin converging on the truth.



posted on Oct, 17 2020 @ 08:36 AM
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originally posted by: havok
The speed of that speech was mind-numbingly slow. I must be used to the 1.5x speed I can adjust youtube videos to. Anyway, I didn't hear where she mentioned anything about digital currency, but we all can see the next steps the IMF is ready to take. Digital currency is the next physical step towards one-world currency. It's inevitable.




Yes, the woman in the IMF video is crawling through her speech at a tortoise-like pace, but I'd keep in mind that she is seemingly not a native English speaker, which likely played a part in her slooww delivery.

ETA:

I think the idea of an IMF digital concurrency is a supposition/inference on the part of Simon Dixon, and it makes sense.

If the IMF is going to introduce major, sweeping changes to the international currency exchange system, they are not going to do it on top of printed currency. Makes no sense, logistically, cost-wise, to use the old system of exchanging value. If they disrupt the monetary system, it will be modern and fully digital. What the form of the "digital system" takes is open to conjecture and the critical point of the conversation.
edit on 17-10-2020 by SleeperHasAwakened because: (no reason given)



posted on Oct, 17 2020 @ 08:44 AM
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originally posted by: Never Despise
In some ways, digital currency seems like a sad inevitably. However there is still an enormous demand for non-transparent transactions. Crime as a whole is one of the biggest industries on the planet, and crime can only thrive when there are ways to hide transactions from the authorities. Whether it is vice, fencing stolen goods, running shady business, or money laundering, there will always be a demand for untraceable transactions. The elite get up to shady activity as much or more than petty criminals, so they will not welcome total transparency with open arms. Which means it probably won't ever be total.


This is a very good and well-thought out point, but REMEMBER, if the elite control the ledger/account records, they are free to manipulate the transaction record to suit their needs. This is why Mr. Dixon's point about introduction of a faux-cryptocurrency as the IMF digital money would be so alarming. See, the idea of a true block chain is that nobody can tamper with the transaction history; any attempt to do so will be plainly obvious and will be blocked from being recorded as a legitimate transaction in the ledger.

If, on the other hand, the IMF currency were just a plain database, that only they control write access to, well....they are free to fudge the numbers, edit data, wipe clean and hide transactions that they don't want in the public domain. This is why it's important to not trust attempts from the existing centralized banking system/Federal Reserve system to simply slap techno-jargon onto their existing system.

They will not be digitizing currency as a way to introduce transparency and eliminate fraud, but rather to get a stranglehold on the exchange of money worldwide.



posted on Oct, 17 2020 @ 08:47 AM
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originally posted by: SleeperHasAwakened

originally posted by: KansasGirl
a reply to: SleeperHasAwakened

Hmmmmmm...MIM’s Street Talk yesterday?


I did read a thread he wrote about vague, amorphous changes to currency, presumably in Japan, without much reference to published information or verifiable sources (I guess that's why it's called "street talk").

I can assure you that I didn't draw inspiration on this subject from his thread (no offense MIM), but I was very impressed with Simon Dixon's theses and how he presented his ideas. Very much recommend taking the time to watch his video, even if, as mentioned below, the original IMF video he's critiquing is painfully slow.

If indeed there are large-scale changes afoot to global currency, it wouldn't surprise me if all information sources, both cited/fact-based and "off the record", begin converging on the truth.


Oh, I was NOT suggesting you drew inspiration or the idea from the street talk thread!!! I only made the comment for him to validate his thread-ish.



posted on Oct, 17 2020 @ 08:49 AM
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originally posted by: KansasGirl

originally posted by: SleeperHasAwakened

originally posted by: KansasGirl
a reply to: SleeperHasAwakened

Hmmmmmm...MIM’s Street Talk yesterday?


I did read a thread he wrote about vague, amorphous changes to currency, presumably in Japan, without much reference to published information or verifiable sources (I guess that's why it's called "street talk").

I can assure you that I didn't draw inspiration on this subject from his thread (no offense MIM), but I was very impressed with Simon Dixon's theses and how he presented his ideas. Very much recommend taking the time to watch his video, even if, as mentioned below, the original IMF video he's critiquing is painfully slow.

If indeed there are large-scale changes afoot to global currency, it wouldn't surprise me if all information sources, both cited/fact-based and "off the record", begin converging on the truth.


Oh, I was NOT suggesting you drew inspiration or the idea from the street talk thread!!! I only made the comment for him to validate his thread-ish.


Gotcha; and in a way this does validate his "street talk" I guess




posted on Oct, 17 2020 @ 08:55 AM
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A long time in the planning,this is one of the most important parts of the technological straight jacket they wish to force the whole world to accept.
Its been talked about lovingly by elitists,but they have never had the right crisis to manipulate the masses into accepting it.

Now we have coronavirus,the gift that keeps on giving-aloowing the rolling out of AI surveillance/track and trace/snitching on neighbors.
Well there has been an "managable" amount of dissent,so why not try to implement the cashless society while we are at it?

This WILL lead us in the once free world further into the nightmare of a social credit system-you know that thing designed to opress the people of China.The country which stands against everything most decent people hold dear-freedom,liberty,privacy.

Its not a coincidence that the same big tech giants that claim to share the values of freedom loving people,are the same companies who have designed and built the digital systems used to opress religious/ethnic minorities in Xinjiang(and now being rolled out across the whole of China).
That system is intended for us all-they call it "smart cities"and its aim is nothing short of turning whole countries nto open air prisons,complete with reeducation/concentration/torture camps for anyone who commits any form of dissent against the regime.

Google,facebook,IBM.
Its not a game.They want us all in the Borg system.
Remembet IBM have been at this for nearly a century-they designed the "punch card"system which tracked and determined how long concentration camp prisoners could be worked to death.
That famous number tatooted on the arm of those poor souls in Belsen,Auswich,and countless other death camps was an IBM code.The punch card tech was sold to the nazis by IBM.

Think about that.



posted on Oct, 17 2020 @ 09:01 AM
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originally posted by: Silcone Synapse
A long time in the planning,this is one of the most important parts of the technological straight jacket they wish to force the whole world to accept.
Its been talked about lovingly by elitists,but they have never had the right crisis to manipulate the masses into accepting it.

Now we have coronavirus,the gift that keeps on giving-aloowing the rolling out of AI surveillance/track and trace/snitching on neighbors.
Well there has been an "managable" amount of dissent,so why not try to implement the cashless society while we are at it?

This WILL lead us in the once free world further into the nightmare of a social credit system-you know that thing designed to opress the people of China.The country which stands against everything most decent people hold dear-freedom,liberty,privacy.

Its not a coincidence that the same big tech giants that claim to share the values of freedom loving people,are the same companies who have designed and built the digital systems used to opress religious/ethnic minorities in Xinjiang(and now being rolled out across the whole of China).
That system is intended for us all-they call it "smart cities"and its aim is nothing short of turning whole countries nto open air prisons,complete with reeducation/concentration/torture camps for anyone who commits any form of dissent against the regime.

Google,facebook,IBM.
Its not a game.They want us all in the Borg system.
Remembet IBM have been at this for nearly a century-they designed the "punch card"system which tracked and determined how long concentration camp prisoners could be worked to death.
That famous number tatooted on the arm of those poor souls in Belsen,Auswich,and countless other death camps was an IBM code.The punch card tech was sold to the nazis by IBM.

Think about that.


Yes, the framing/context of the changeover IS VERY IMPORTANT as you describe it. They are couching this as a reaction to the fallout/financial collapse from the pandemic. It is mentioned openly in the IMF video.

"Never let a good crisis go to waste"



posted on Oct, 17 2020 @ 09:35 AM
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Funny you should mention Nixon. For days now my gut/intuition has been telling me to look up Nixon's trip to China in '72.....I'm old enough to remember it. What I didn't know when I decided to give in and start having a peep into the rabbit hole was that Kissinger....I've never liked that man and can't believe he is still around....visited China to 'pave the way' for Nixon's visit in '71.
Rainbows
Jane



posted on Oct, 17 2020 @ 09:42 AM
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a reply to: angelchemuel

This may not be a popular view, but remember the context of Nixon's visit: the height of the cold War, when there was an abiding and real fear of the USSR. Nixon's strategy of "triangular diplomacy" split the Chinese from the Soviets forever and paved the way for the end of the cold War.

At the time it was a geopolitical masterstroke.

Nixon did not send jobs to China: that happened on Clinton's watch. Nixon was many things (his abandonment of the gold standard was nasty business), but dividing the Chinese from the Soviets was one of his better moments IMHO and significantly weakened the latter long-term so that Reagan could later administer the coup de grace to the cold War era.



posted on Oct, 17 2020 @ 09:43 AM
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i hate internationalists.
i hate money lenders.

these protocols are destroying the world.
in 2020, they have shown us how evil they truly are.

i am not surprised, the money lenders will try to get rid of money finally in 2020.
complete control over our lives at that point, because money lenders need more pennies.



posted on Oct, 17 2020 @ 10:27 AM
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You vill uss da currency ve vill tell you to.

Why? Because you are not in control of any of this. They are. And who are they? They are the capitalists who have run these modern economies from the start. They were bred in various nations and took them over. From their nationalist bases they grew and grew into national corporations and from there into international global spanning monoliths of economic power.

And they have grown tired of the the centuries old pennies and rubles and pounds that served for so long. It is not time to streamline what was once a bunch of scattered economies into one world wide economy and this is the price we will pay.

One world electronic currency. It only makes sense. Capitalism has turned people into consumers. They produce and we consume. We let them get this far and there is little to stop them now. I'ts the natural way of things in a capitalist world.



posted on Oct, 17 2020 @ 10:45 AM
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To be honest I always thought it would be nice to have a world currency for like the U.N that all countries who are in the U.N would back for projects that could be used to improve the world. Like water in africa, other challenges. Global projects. That world currency could be used to horr people for these type of projects to improve the world, ecology projects, conservation projects, helpful types of projects. Kind of like a united nations workforce paid for by the IMF... like just say the world GDP is like $22 trillion... the currency created by the world currency could be like 1 percent of that for expenditure to help the world. Paid to workers.



posted on Oct, 17 2020 @ 10:52 AM
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the Pope and Vatican are ahead-of-the-IMF...


here are two links about the Vatican issuing, legal, Mother Earth - GAIA minted coins

novusordowatch.org...

the other hyper-link is : order.ufn@scv.va


(hit the blue address in the atricle... or copy-paste the address above to your browser)
edit on th31160295012617552020 by St Udio because: (no reason given)



posted on Oct, 17 2020 @ 11:25 AM
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a reply to: SleeperHasAwakened

I have read quite a bit about this, but my question remains.......however can the IMF override the power and authorities behind the current system. Our minds automatically run to the US banking system and the US Dollar status as the world reserve currency. But that status and that system is greatly interlocked with the banking system in London and the European Banking system and the Swiss Bank of International Settlements.

The IMF cant just willy nilly change the world banking system without ending the existing monopoly backed by London, the European Banking industry and the BIS and I just cant see that being possible.



posted on Oct, 17 2020 @ 12:17 PM
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a reply to: SleeperHasAwakened

A digital pass, that includes your financial, health, and legal data, will be 'worn' by all of us.
It's already started.

No vaccine compliance ? No more access to your finances.
Not capitulating to the overlords ? No more access to health-care, travelling, finances, nothing.




posted on Oct, 17 2020 @ 12:32 PM
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I assume Imperial currency will still be valid no matter what happens







This whole digital currency thing and all is bad , they can then blackmail etc ..




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