• Watch and Pray

One World Governance: Economy - Part 4

"No one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name" Revelation 13:17


"For what shall it profit a man, if he shall gain the whole world, and lose his own soul? Or what shall a man give in exchange for his soul?" Mark 8:36-37


Updated 18 October 2020


Economy


Many people in the liberty movement are now aware of the Event 201 simulation, a war game run by globalists in the Bill and Melinda Gates Foundation and the World Economic Forum on a "theoretical" coronavirus pandemic that kills 65 million people. Magically, we find ourselves in a cashless society in a matter of a year or two; which is what the globalists have been demanding for years. Everything goes digital, and thus even local economies become completely centralized as private trade dies. The solution that was presented at the end of Event 201 - the creation of a centralized global financial body that would manage the international response to the outbreak.


Central Bank Digital Currency (CBDC)


For those not familiar with the phrase "global economic reset", it is one that has been used ever increasingly by elitists in the central banking world for several years.


It was referenced in 2014 by Christine Lagarde, former head of the IMF. A reset is often mentioned in the same breath as ideas like "the New Multilateralism" or "the Multipolar World Order" or "the New World Order". All of these phrases mean essentially the same thing.

The reset is promoted as a solution to the ongoing economic crisis which was triggered in 2008. This same financial crash is still with us today; but now, after a decade of central bank money printing and debt creation, the bubble is even bigger than it was before. The global reset as implemented by central banks and the Bank for International Settlements /IMF is the cause of the collapse. The collapse is will be used a tool to reset the economic system and it will serve the interests of elitists.


Now in 2020 we see the globalist plan coming to fruition, with the elites revealing what appears to be their intent to launch their reset in 2021. The World Economic Forum officially announced the Great Reset initiative as part of their Covid Action Platform, and a summit is scheduled in 2021 to discuss their plans more openly with the world and the mainstream media.


Event 201 suggested that one of the top solutions to a pandemic would be the institution of a centralized global economic body that could handle the financial response to the coronavirus.

Is it not convenient that the events of the real coronavirus pandemic fall exactly in line with the Event 201 simulation, as well as directly in line with the global reset plans of the IMF and the World Economic Forum? As they say, let no crisis go to waste, or, as is the motto of the globalists "Order Out of Chaos".


The global race towards central banks digital currencies is been pushed and managed by Swiss based, Bank for International Settlements (BIS). The organisation’s website states that “BIS is an international financial institution owned by central banks that "fosters international monetary and financial cooperation and serves as a bank for central banks".

BIS is a private bank, formed in the 1930s, with officials from Nazi Germany, US, UK, France, Italy and others, to enable co-ordination and cooperation between central banks that includes the Federal Reserve, Bank of England, and so on. Today, BIS, is setting the agenda for a “cashless” society by 2025, starting with rolling out new payments systems for retail (personal banking) and commercial (retail businesses, fintech, investment banks) to facilitate through central banks. BIS is the bank that is responsible for the regulations and the governance of central banks, it is then adopted by the financial and business sector. The agenda by the Bank for International Settlements (BIS) and World Economic Forum (WEF) is to accelerate a cashless society where gradually cash will become obsolete, recently WEF formed a Digital Currency Governance Consortium. This project is part of the World Economic Forum’s Shaping the Future of Technology Governance: Blockchain and Digital Assets Platform.

Over the course of 2020 and 2021, the Forum will convene the Digital Currency Governance Consortium (DCGC) around a series of virtual workshops and roundtables to address key questions and governance gaps in digital currency. The Digital Currency Governance Consortium is composed of more than 80 organizations representing numerous sectors and geographies. DCGC members represent the public sector, private sector and civil society across 6 regions – Africa, Asia, Europe, Middle East, North America, and Latin America/Caribbean. The strong sectoral and geographical diversity of the DCGC will ensure that the output reflects many perspectives and points of view.

Last week, a the report – "Central bank digital currencies: foundational principles and core features" that was prepared by the central banks of Canada, the U.K., Japan, Sweden and Switzerland, as well as the U.S. Federal Reserve, the European Central Bank and the Bank for International Settlements (BIS). The report sets out key objectives:

  • It sets out several "core principals" for central bank digital currencies (CBDCs) and how they should be designed.

  • Firstly, a CBDC should work alongside cash and other current payment types "in a flexible and innovative payment system."

  • Secondly, it should support "wider policy objectives" and "do no harm" to monetary and financial stability.

  • Thirdly, it should "promote" innovation and efficiency.

  • In the report, the group says that, while central banks have been providing money to citizens for hundreds of years, "the world is changing."

I highly recommend that you read the book that details the history of BIS and their global agenda, but a summary of the book, The Tower of Basel (he actually states in the book "Tower of Babel and quotes Genesis), is given here and to watch this short video (10-12mins) that breaks down what CBCD means with the financial jargons.

Recent Developments - Central Bank Digital Currencies (CBDC):


The UK's central bank, Bank of England are on Course to Begin Roll Out of New Payment System. First, aside from their new found relationship with the BOE, Accenture is a Strategic Partner of the World Economic Forum (WEF) and has been for twenty years - WEF that is pushing vociferously the concept of a ‘Great Reset‘ in the areas of the economy, society, geopolitics, the environment and technology. The objective as laid out in the press release states that the new Real Time Gross Settlement (RTGS) will start to be delivered in 2022. This is confirmed by way of a ‘RTGS Renewal Programme plan‘ published by the bank a short while ago. There are several stages of transition planned until the renewed services come online between 2023 and 2024.The programme will close in 2025 with the renewed RTGS fully operational: March to Central Bank Digital Currency Continues to AdvanceSteven Guinness

  • Authorities in the Chinese city of Shenzhen - have begun giving away more than 10m yuan ($1.49m) in a citizens’ lottery, as part of trials of a new digital currency. Almost 2 million people applied to be one of 50,000 randomly selected citizens receiving a “red packet” valued at 200 yuan (about US$30) on Sunday, to spend at 3,800 designated outlets in the district of Luohu. Participants must download the official digital Renminbi app, which is not yet publicly available, to receive the currency for purchases within the next week....... In April, several cities, including Shenzhen, reportedly began a trial adoption of digital currencies into the local monetary system, including paying the salaries of public servants. The currency is backed by China’s state-run People’s Bank of China, and is part of the government’s push for a cashless society, with digital currencies more easily monitored than paper money of cryptocurrencies. Digital payments in China are already a widespread and increasingly essential part of the consumer economy, mostly through apps run by tech firms TenCent and AliPay.......Last year, state media reported plans for Shenzhen to become “one of the leading cities in the world in terms of economic strength and quality of development” by 2025.

  • Bank of Japan to begin test of digital currency in 2021​ - The Bank of Japan has said that it will start testing a central bank digital currency (CBDC) in early fiscal 2021. The BOJ said Friday it will create a system on the internet, where the basic functions of the CBDC, including its issuance and circulation, will be tested. The central bank will then work on more advanced experiments......In January, six major central banks, including the BOJ, the European Central Bank, the Swiss National Bank and the Bank of England, as well as the Bank for International Settlements launched a joint research group on CBDCs. The U.S. Federal Reserve joined the group later.

  • South Korea’s Central Bank to Test Digital Currency in 2021 - The Bank of Korea (BoK) is to run trials of a possible central bank digital currency (CBDC) through next year. As reported by The Korea Herald Wednesday, the move follows the progress of research to the technical phase in the summer and will see testing of distribution and circulation of the digital coin

  • The euro prepares for a digital makeover - Can paper money keep up in a world marked by a pandemic, extreme weather and rapid digitalization? The ECB has announced plans to develop an electronic form of Europe's most used currency. Considered by many to be a symbol of European integration, the European Central Bank (ECB) recently announced it would pursue the possibility of issuing an electronic form of the euro, the official currency of 19 of the European Union's 27 members. A digital euro "would have pervasive effects on society as a whole," wrote the authors of "Report on a digital euro," an analysis of the subject from the European Central Bank released on October 2.

  • Estonia launches CBDC research after delisting 500 digital currency firms​ - The Estonian central bank has launched a multi-year research project into the viability of a central bank digital currency. Known as Eesti Pank, the bank believes that a CBDC would give residents and businesses new ways to deposit and use money. The move comes just days after reports of its e-Residency scheme being linked to growing number of cryptocurrency fraud cases and the delisting of 500 digital currency start-ups in early 2020........The CBDC research project comes months after the Estonian government stripped 500 digital currency firms of their licenses. The unexpected clean-up was the government’s response to the country’s huge implication in the $226 billion Danske Bank money laundering scandal. Estonia’s Financial Intelligence Unit (FIU) claimed at the time that many of the delisted firms were not ‘subject to Estonian supervision and coercive measures.’

Margaret Harris, a spokeswoman for the COVID-19 team at the World Health Organization, said there is no evidence that cash is transmitting the novel coronavirus. But people should “always” wash their hands after using cash, she said in an interview. “Cash is known to carry a lot of bacteria and viruses. … You should always wash your hands after handling cash and before eating or touching your mouth, nose and eyes.”


Obviously, that announcement fanned public concerns over the Covid-19 pandemic as the media repeated the mantra and advised the public to use contactless payments instead and this accelerated the global use of digital payments. This opened a divide in access to payments instruments, which negatively impacted unbanked and older consumers. For example, in the UK supermarkets started refusing cash, including my local shops - those without cards, were told to queue separately.


Globalised Socialist Economy


The top official at the United Nations said that the coronavirus pandemic will bring about a “new model of global governance.”


“To close those gaps, and to make the New Social Contract possible, we need a New Global Deal to ensure that power, wealth, and opportunities are shared more broadly and fairly at the international level,” U.N. Secretary-General Antonio Guterres said about gaps “in governance structures and ethical frameworks” exposed by the pandemic. “A new model for global governance must be based on full, inclusive, and equal participation in global institutions.”


Capitalism as we know it is over. So suggests a new report commissioned by a group of scientists appointed by the UN secretary general. The main reason? We’re transitioning rapidly to a radically different global economy, due to our increasingly unsustainable exploitation of the planet’s environmental resources and the shift to less efficient energy sources.

“COVID crisis has demonstrated that companies that invested in strengthening their long-term vitality have been better equipped to weather the storm. In fact, the pandemic has hastened the shift toward a stakeholder model of corporate capitalism, following the US Business Roundtable’s embrace of this concept last year.


But for more socially and environmentally conscious business practices to stick, companies need clearer guidelines. To meet that need, the World Economic Forum’s International Business Council has developed a set of “Stakeholder Capitalism Metrics,” so that businesses can get on the same page when it comes to assessing value and risks.

Klaus Schwab, Post-COVID Capitalism - Project Syndicate

Pope Francis - Economy of Francesco


The Pope has embarked on a new initiative called "Economy of Francesco". It has its own website, he has conducted several seminars and conferences aimed at young people under the age of 35, which he calls "Order of Minors. The next conference is in November. The event will consist of workshops, artistic and plenary events with the best-known economists, experts in sustainable development and business people who are engaged today worldwide in a different economy and will reflect and work together with young people. Nobel laureates Muhammad Yunusand Amarthya Senhave already confirmed they will attend. Other participants include Bruno Frey, Tony Meloto, Carlo Petrini, Kate Raworth, Jeffrey Sachs, Vandana Shiva and Stefano Zamagni. The Vatican website quotes Pope Francis as saying:

"The present economic system continues to increase inequalities at world level, raise poverty and destroy our common home, the earth. If we really want to overcome the COVID-19 pandemic, we also have to reflect on which kind of economic order we want to build. Pope Francis created in the Vatican a commission in order to reflect and give concrete input on these topics. Statement, ahead of the conference (26 to 28 March 2020): "The name of this event – Economy of Francesco.... I will appeal to some of our best economists and entrepreneurs who are already working on the global level to create an economy consistent with these ideals.... The prophecy of Franciscan - "In this framework, the proposal arising from the Franciscan economic school – developed in the Europe of the 13th-16th centuries – can offer a valuable contribution by presenting the development of its reflection on the ethical foundations and objectives of economic activity.....The cycle of lectures looking forward to the Assisi event, “The Economy of Francis” on March 26-28, 2020, aims at providing some conceptual frameworks and a series of ideas for reflection. It will address those engaged in a formative journey within the Order of Minors as well as those with different formative experiences, also dialoguing with those who are professionally involved in the world of economics and finance."

Universal Basic Income


At the recent World Economic Forum, the Pope said it might be 'time to consider a universal basic wage' in Easter letter. Over a dozen countries are implementing or experimenting with some form of temporary or permanent universal basic income in response to the economic devastation and massive unemployment in many places caused by the outbreak of COVID-19, the disease caused by the novel coronavirus. Spain, for example, is moving towards permanently establishing a universal basic income program specifically targeted to its poorest citizens and families in the wake of the coronavirus outbreak.


As the panic over the pandemic spread, Wired published an article asking the question “Can Universal Basic Income fix the coronavirus crisis? – “As people from Europe to India, to the US, to Latin America are being asked to stay at home to stop the coronavirus contagion, the question on everyone’s mind is: how will they earn a living? That’s why UBI is making its comeback…. So far, no government has taken the step of launching UBI, even if some of the measures adopted provide for direct cash payments to affected citizens. Are we being timid? Is the coronavirus pandemic the time to launch UBI, in every country, forever? According to Guy Standing, a SOAS professor and a co-founder of the Basic Income Earth Network, definitely. Standing worked with the Labour party to sketch out a UBI pilot that found its way into its 2019 election manifesto, and has just published a book, Battling Eight Giants, detailing all the reasons why UBI has become an urgent necessity.”

Recent Posts

See All

Global events are happening at breakneck speed and yet many choose to ignore the news. As I watch the news and see the untold miseries of civil conflicts, hunger, homelessness, unemployment, deaths a

5 “Come now, you rich, weep and howl for your miseries that are coming upon you! 2 Your riches are corrupted, and your garments are moth-eaten. 3 Your gold and silver are corroded, and their corrosion