Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Unlimited Inner Power
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Urgent! New Bretton Woods Plans -Digital Currencies & Debt Explosion

% of readers think this story is Fact. Add your two cents.


The coronavirus pandemic is pushing central bank digital currencies (CBDCs) into top gear as the pandemic has triggered a sharp global economic decline. The International Monetary Fund (IMF) on Friday announced plans to have a Bretton Woods monetary renegotiation.  In this post and video, you’ll find out what the real implications are of the IMF’s proposed plans to rebuild the economy and what this means for you and your family.

First of all, what’s a CBDC?  It’s a digital version of cash which would be under the control of a Central Bank. This is different from electronic money that you use today through your bank or credit cards.  CBDCs are not cryptocurrency; they are digital cash aka digital currency.

The overriding message from the IMF announcement is that they want to provide financial “relief” to countries that are suffering economically.  But their idea of “relief” really means debt.  The real plan would be to loan countries money, and those countries would have to repay the loan with interest. In other words, countries that get saddled with ever increasing IMF debt would become enslaved and controlled by the central bank.

To manage this new phase of global debt, the IMF would provide this “relief” in the form of CBDCs, where a central bank can control  the money–your money.

A CBDC can have automated negative interest rates programmed into the app to discourage people from saving. The new economic plan wants people to spend and take on more debt, not save.  Also, a CBDC would include surveillance of your behavior.  Listen to Simon Dixon’s video attached to find out more.

Another key message from the IMF is their plan to move away from monetary policy (i.e., money printing and interest rates) to fiscal policy (i.e., government spending, more taxes).  The IMF admits that central bank money printing is not working, and that’s why they are proposing new economic policies.

So what can we expect from this planned new economic world order?

>CBDCs would be the most important change in terms of your money and your freedom.  (The video explains more).

>The movement toward digital currency that’s controlled by a central bank will have a massive impact on Bitcoin (BTC), gold and silver to the upside. Owning assets that are not controlled by central banks or politicians will be more important than ever. One advantage that Bitcoin has over precious metals is that it offers more personal freedom as it is more easily transported across borders.

>If you live in a country that accepts IMF “relief packages,” you can expect to see increased taxes.

It’s always fear based events that lead to huge monetary decisions which lead to the gradual removal of privacy and liberties of people by using currency as the mechanism of control.

Fortunately, we have alternatives that we can choose from such as Bitcoin, gold and silver as well as Ethereum-based financial applications that are revolutionizing finance.


Source: http://unlimitedinnerpower.com/urgent-new-bretton-woods-plans-digital-currencies-debt-explosion/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.