In Defence or In defiance of Globalisation. Michael Morrison ( TheLevelling ) Vs Iain Davis ( Pseudopandemic: New Normal Technocracy)

ExhorbitantPrivilege

€STR, SOFR, SONIA One Night Last Stands with the enemy. Its the end of Petro Dollar Hegemony not the reserve status Stupid. #GoingDirect #TINA #ExorbitantPrivilege #NorwegianBlue

 

Central Bank Digital Currency Is the Endgame – Part 1

Central Bank Digital Currency Is the Endgame – Part 1 Iain Davis #GoingDirect #CarbonCurrencyEndGame

Central Bank Digital Currency Is the Endgame – Part 2

Roger Lewis
 Apr 8, 2023 2:20 PM

I was intrigued by a short segment in a Caspian Report video that mentioned the Russian CBDC had an identity element that was likely to be used for mobilisation/call-up purposes. Of course, any of these CBDC’s could be programmed accordingly.

I am always surprised that Aadhaar the Indian biometric ID system doesn’t tend to get mentioned in otherwise knowledgeable articles. The removal of Large Denomination Indian bills a few years back lead to much hardship and protests, The Dehli Farmer protests also target #Aadhaar which was set up by a Large Indian Company cofounded by non-other than Rishi Sunacks Father in law.

Ian appeared on the Rich Hall Rich Planet show 12-08-2021

” The real purpose of the fake pandemic. A new monetary and control system.
In August 2019, 4 months before a global pandemic was reported, the world’s banking moguls discussed the need for a “new” IMFS (International Monetary and Financial System). This included the need for a new global reserve currency to replace the dollar. The current system they said has a growing asymmetry which is creating increased instability (it is nearly dead). They proposed that the old (current) monetary system should be propped up with short-term stimulus in the form of “helicopter money” (ie targeted furlough payments) and that economic activity should be reduced (ie lockdown measures). These measures were necessary to sustain the financial markets and prevent mass global unemployment, which would buy themselves some time to plan and implement the new IMFS they had been planning since the 2008 financial crisis crash. The global fake pandemic was a fiscal measure, as the central bankers started “going direct”, serving their own interests and those of the global public-private partnership network they work with; it had nothing to do with public health. The new IMFS will provide the perfect backbone to administer a new global technocracy, which could easily restrict human freedom far beyond the perceptions of a largely “sleepwalking” public”. Iain Davis,

Parts of the conversation are juxtaposed to Nick Kollestrom’s comments on the Russia-Ukraine Conflict and various sub-agendas playing out.

#SCADS special , #InfoWars special edition . The targetting of Richard A Hall , Rich Planet. Do ‘disaster trolls’ believe the conspiracy theories they promote? By Marianna Spring, Social Media correspondent #BBCDisinformation

Part 1 of this article was also very good this is a hugely broad subject interlocking across many decades, even centuries.

On the CBDC end game, it is important to note that the CBDC will be Carbon-based as opposed to the abstract “FIAT” DOllar it will be a Carbon Backed Dollar as opposed to Gold backed or Petro backed dollar.
Carbon Rationing will then facilitate the baked-into system of Austerity ensuring that “The Poor should remain poor so they remain obedient.” ( Calvin)

( Search The Levelling.blog, written by Michael O’Sullivan, ex-Chief Investment Officer for International Wealth Management at Credit Suisse, according to his WEF entry, He defends Globalism, and his blog is an interesting window into how “The Elite” consider that they are doing a stellar job, disrupted by The evil Trump.

” The prospect of a second Trump presidency and the fragility of American public life is a key reason why European governments now worry publicly about the US as a political partner. More seriously, it has caused some countries – Saudi Arabia as we noted last week – to start to bet against American decline. American declinism is a growing cottage industry, matched by the ‘Europe will fall apart’ brigade, and led by the ‘end of the dollar’ crowd.

This group was out in force last week, forecasting the end of the dominance of the dollar. I think this is unlikely. China – allegedly the coming financial empire – makes up barely 3% of world fx reserves. It has yet to be tested by a full recession and it continues to make the wrong sort of geopolitical friends (fragile states like Russia and Iran). Chinese monetary policy is still opaque, and surprise currency devaluations are a live risk. Further, few Westerners or professionals from countries like Indonesia, Bangladesh and India want to live there and the barriers to doing so are high.

If developed world currencies are likely to lose their place in the world trading system it is likely to be smaller ones like the pound and the Swiss franc. Brexit is making the pound less relevant in a number of ways, and the Credit Suisse debacle will sow fears regarding trust in Swiss laws and the durability of its banks. Traditionally, one reason that the Swiss franc remained strong was that capital flowed into the country and did not flow out. At the margins, this may change – possibly to the benefit of larger American banks.

So, if the dollar is safe for now, there are still two issues to worry about. The first is that whilst it is financially the most dominant nation, America’s diplomatic power is much reduced. One illustration is to think of how it was the central, organising force behind most of the financial and economic rescues of the past fifty years – from the Brady bond solution to Latin America’s crisis to Alan Greenspan’s ‘Committee to save the World’ after the Asian crisis. When the next crisis comes, America will be the most significant player but not the dominant one and the risk for the US, is that the solution to that crisis may tilt financial power away from it. ”  Michael O’Sullivan April 12 2023.

I mention It here as I think Dialogue should be opened between the Managerial Classes
both in post and recently or not so recently retired to start making solid proposals for workable alternatives.

 

Hello Michael,

I have been reading around your blog and have also watched a few video appearances which you have made that are available online.
Having just read the second part of Ian Davis’s CBDC endgame article on Off Guardian I am intrigued that your stance is unapologetic that Globalisation has been a success and that the Multi-Polar world emerging is to be rued. You will see that in my Comment I encourage others to read your blog and seek dialogue. The expectation that the Banking ” Elite ” seem to have that a “fait accompli”, will meekly be accepted even by a cowed population is I think misplaced.

I would be very interested to hear what you make of Iain’s articles and although I have yet to read your book The Levelling it is on my list.

Best Wishes,
Roger

https://off-guardian.org/2023/03/07/central-bank-digital-currency-is-the-endgame-part-1/

https://off-guardian.org/2023/04/05/central-bank-digital-currency-is-the-endgame-part-2/

I was intrigued by a short segment in a Caspian Report video that mentioned the Russian CBDC had an identity element that was likely to be used for mobilisation/call-up purposes. Of course, any of these CBDC’s could be programmed accordingly.

I am always surprised that Aadhaar the Indian biometric ID system doesn’t tend to get mentioned in otherwise knowledgeable articles. The removal of Large Denomination Indian bills a few years back lead to much hardship and protests, The Dehli Farmer protests also target #Aadhaar which was set up by a Large Indian Company cofounded by non-other than Rishi Sunacks Father in law.

Ian appeared on the Rich Hall Rich Planet show 12-08-2021

” The real purpose of the fake pandemic. A new monetary and control system.

In August 2019, 4 months before a global pandemic was reported, the world’s banking moguls discussed the need for a “new” IMFS (International Monetary and Financial System). This included the need for a new global reserve currency to replace the dollar. The current system they said has a growing asymmetry which is creating increased instability (it is nearly dead). They proposed that the old (current) monetary system should be propped up with short-term stimulus in the form of “helicopter money” (ie targeted furlough payments) and that economic activity should be reduced (ie lockdown measures). These measures were necessary to sustain the financial markets and prevent mass global unemployment, which would buy themselves some time to plan and implement the new IMFS they had been planning since the 2008 financial crisis crash. The global fake pandemic was a fiscal measure, as the central bankers started “going direct”, serving their own interests and those of the global public-private partnership network they work with; it had nothing to do with public health. The new IMFS will provide the perfect backbone to administer a new global technocracy, which could easily restrict human freedom far beyond the perceptions of a largely “sleepwalking” public”. Iain Davis,

Parts of the conversation are juxtaposed to Nick Kollestrom’s comments on the Russia-Ukraine Conflict and various sub-agendas playing out.
#SCADS special , #InfoWars special edition . The targetting of Richard A Hall , Rich Planet. Do ‘disaster trolls’ believe the conspiracy theories they promote? By Marianna Spring, Social Media correspondent #BBCDisinformation

Part 1 of this article was also very good this is a hugely broad subject interlocking across many decades, even centuries.

On the CBDC end game, it is important to note that the CBDC will be Carbon-based as opposed to the abstract “FIAT” DOllar it will be a Carbon Backed Dollar as opposed to Gold backed or Petro backed dollar.
Carbon Rationing will then facilitate the baked-into system of Austerity ensuring that “The Poor should remain poor so they remain obedient.” ( Calvin)

( Search The Levelling. blog, written by Michael O’Sullivan, ex-Chief Investment Officer for International Wealth Management at Credit Suisse, according to his WEF entry, He defends Globalism, and his blog is an interesting window into how “The Elite” consider that they are doing a stellar job, disrupted by The evil Trump.

” The prospect of a second Trump presidency and the fragility of American public life is a key reason why European governments now worry publicly about the US as a political partner. More seriously, it has caused some countries – Saudi Arabia as we noted last week – to start to bet against American decline. American declinism is a growing cottage industry, matched by the ‘Europe will fall apart’ brigade, and led by the ‘end of the dollar’ crowd.

This group was out in force last week, forecasting the end of the dominance of the dollar. I think this is unlikely. China – allegedly the coming financial empire – makes up barely 3% of world fx reserves. It has yet to be tested by a full recession and it continues to make the wrong sort of geopolitical friends (fragile states like Russia and Iran). Chinese monetary policy is still opaque, and surprise currency devaluations are a live risk. Further, few Westerners or professionals from countries like Indonesia, Bangladesh and India want to live there and the barriers to doing so are high.

If developed world currencies are likely to lose their place in the world trading system it is likely to be smaller ones like the pound and the Swiss franc. Brexit is making the pound less relevant in a number of ways, and the Credit Suisse debacle will sow fears regarding trust in Swiss laws and the durability of its banks. Traditionally, one reason that the Swiss franc remained strong was that capital flowed into the country and did not flow out. At the margins, this may change – possibly to the benefit of larger American banks.

So, if the dollar is safe for now, there are still two issues to worry about. The first is that whilst it is financially the most dominant nation, America’s diplomatic power is much reduced. One illustration is to think of how it was the central, organising force behind most of the financial and economic rescues of the past fifty years – from the Brady bond solution to Latin America’s crisis to Alan Greenspan’s ‘Committee to save the World’ after the Asian crisis. When the next crisis comes, America will be the most significant player but not the dominant one and the risk for the US, is that the solution to that crisis may tilt financial power away from it. ” Michael O’Sullivan April 12 2023.

I mention It here as I think Dialogue should be opened between the Managerial Classes

both in post and recently or not so recently retired to start making solid proposals for workable alternatives.

#SCADS special , #InfoWars special edition . The targetting of Richard A Hall , Rich Planet. Do ‘disaster trolls’ believe the conspiracy theories they promote? By Marianna Spring, Social Media correspondent #BBCDisinformation

Author: rogerglewis

Real Estate Entrepreneur. http://www.realrld.com/

2 thoughts on “In Defence or In defiance of Globalisation. Michael Morrison ( TheLevelling ) Vs Iain Davis ( Pseudopandemic: New Normal Technocracy)

Leave a Reply