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Central Bank Digital Currency Is The Endgame - Part II -- Puppet Masters -- Sott.net

Central Bank Digital Currency Is The Endgame - Part II -- Puppet Masters -- Sott.net
sott.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sott.net Daily Mail and Mail on Sunday newspapers.

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China
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Biden Administration Group Reports on Stablecoins

President’s Working Group PWG released a long-awaited report on stablecoins. Outlines a number of significant legislative recommendations for Congress to consider as well as a number of interim measures to protect against prudential risks in the near term.

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Mark Carney Part 2 - The Globalist Ruling Class Connections

Mark Carney Part 2 - The Globalist Ruling Class Connections
oyetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oyetimes.com Daily Mail and Mail on Sunday newspapers.

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Currency (and imperialism) matters

According to the Australian Strategic Policy Institute (ASPI – check out who pays its bills), apparently everyone is racing to get their central bank to have a digital currency, with China years ahead in its development. The Bank for International Settlements Committee on Payments and Market Infrastructure noted, in March 2018, that such a currency would be “a central bank liability, denominated in an existing unit of account, which serves both as a medium of exchange and a store of value”. For China, this would mean a digitised renminbi (which translates as “people’s money”, though most people know China’s currency as the Yuan).

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