The Alantis Report, PIR and the IMF Monday Afternoon 11-2-2020
The Atlantis Report:
UBI, Nesara, Gesara, and Global Digital Currency to be released after Davos Great Reset Meeting !!
Nov. 2, 2020
UBI, Nesara, Gesara, and Global Digital Currency to be released after Davos Great Reset Meeting !!
In our near future: Universal Basic Income, nesara and gesara , Zero Taxation, Digital currency, digital wallet, a vaccine passport, and a social credit system. Sounds like a real paradise on earth.
Universal Basic Income , UBI ; This is the End Game, the great reset; A New World Monetary Order.
The Big Tech to replace the Big Banks.Davos meeting , the great reset , A one-world digital fiat currency, owned and controlled by the elite who actually run the international banking system, which in turn runs the central banks of the world, including the federal reserve.
Monetary policymaking will be shifted from the hands of the sovereign governments and into the hands of this international banking elite.
But before that all takes place, they will have to collapse the world's stock markets and the world economies in order for us to have no other choice but to beg these international banking elites for a bailout.
And they will make us an offer we won't be able to refuse. Accept our one-world digital currency, and we will bail this world economy out.
Expect the greatest market and economic collapse our world has ever seen. My guess is this is planned for 2022.
Out with the US dollar, and in with the one-world digital fiat currency. Mission accomplished.
For the full transcript go to https://financearmageddon.blogspot.com
IMF’S DIRECTOR SAYS CENTRAL BANKS COULD ISSUE DIGITAL MONEY Digital Currency Cryptocurrency DCEP
Entertainment KA Pumch: Nov 2, 2020
IMF’S DIRECTOR SAYS CENTRAL BANKS COULD ISSUE DIGITAL MONEY Digital Currency Cryptocurrency DCEP IMF’S DIRECTOR SAYS CENTRAL BANKS COULD ISSUE DIGITAL MONEY
International Monetary Fund head Christine Lagarde said central banks around the world should consider issuing digital currency.
The conversation on central bank digital currencies is moving fast. The idea is being taken seriously by some of the other world’s most important policymakers, as reflected by the Riksbank‘s latest report on e-krona, and comments in the recent weeks from the European Central Bank board member Benoit Coeure, as well as two Bank of England deputy governors.
Even the IMF is jumping into the debate. Speaking at a conference in Singapore on 14 November 2018, the Managing Director of the IMF Christine Lagarde, suggested “there may be a role for the state to supply money to the digital economy.”
Lagarde pointed out at the benefits of such proposal: “The advantage is clear. Your payment would be immediate, safe, cheap, and potentially semi-anonymous. As you wanted. And central banks would retain a sure footing in payments.
In addition, they would offer a more level playing field for competition, and a platform for innovation. Meanwhile, your bank, or fellow entrepreneurs, would have ensured a friendly user experience based on the latest technologies.”
“More fundamentally, the case is about change—being open to change, embracing change, shaping change,” Lagarde concluded. This argument largely echoes the conclusions of a report published by the IMF on the same day. Protection of the payment system
There are many good reasons for introducing digital cash. But perhaps the most obvious one is to protect the payment system as a public service. Today, physical cash (banknotes and coins) is the only form of money available to the public that is actually created by national central banks and that is not attached to a particular debt from a bank to individuals.
When the central bank issues cash, this also creates an income for governments – known as seigniorage. In addition, cash is the only payment system that is entirely free of charge, and accessible to everyone, including those who don’t have a bank account.
In fact, coins and banknotes are a valuable public utility service. Implementation of digital cash Sadly, the ECB seems very slow in investigating this idea, and even less likely to implement it.
For example, the ECB’s board member Benoit Cœuré has repeatedly warned that a CBDC would deepen the risk of a “digital bankrun.” With CBDC, people could convert their bank deposit into central bank money, which would undermine the financial position of banks.