Great points, great post. Has been difficult to believe all along that Russia was fighting the international corporatocracy. Appears all nation states have been subsumed under the guise of the World Economic Forum, Davos crazies. Difficult to get out of this place alive.
This article is an ominous foreshadowing of what is to come in nation after nation if the globalist Great Reset cabal get their way. The covid scamdemic, the depopulating killer "vaccines", WHO's planned Global Pandemic Treaty, the US/NATO's insane criminal war against Russia via proxy Ukraine, soaring iuflation and food shortages, digital social credit scores are all bricks in the same wall. This article is most enlightening, and the sharp sarcastic cutting edge is unmatchable.
“However, it will not be possible to deceive people and it will be necessary to impose a digital currency by force.”
The large majority of people I know in the U.S. will be deceived when it comes here. The govermedia will talk about convenience and “security” and they will bite the hook with a will.
Unless they’re quietly beginning to rethink things, and are deceiving me. Either way, someone is being deceived.
If the Russian people will have to be forced to swallow CBDC, there’s still hope for them.
"Yeah, but Russia's digital dictatorship will be a good one, a humane one, ..... Come on, someone please tell me we haven't been fooled into supporting just another variant of the Great Reset!" :-)
Terrific column, as always! If you’re ever looking for something to write about, I would love to get your take on the state of the Russian Orthodox Church. I am Orthodox in the United States and find it difficult to read between the lines of what we’re being told.
''Some call it communism, I call it Judaism" Rabbi Steven Wise avowed communist and founder of the NAACP. 666 is coming and few will tie it into the Bible.
Нет. Check, globalists. They need a few more moves to defeat the Rushiyan empire. One order of business will be to convert the RE's military into a globalist police force...for a large part of the world, anyway. The RTP intervention in Yukraine was an important step in this direction, and no one needs to be surprised that the affair was instigated by the usual suspects, i.e. supremacists with familial connections to Tsion and a habit of manipulating both sides of conflicts.
So now I almost feel sorry for slavish Slavs and others living in Uncle Vlad's Rushiyan empire. If only they had a Libernuttian Party or a GOP like we do here in the USA, they'd be able to defeat the Эlectronic Гulag Рuble by talktalktalking about "free-markets" and their Schmonstitution until it's time to vote again. Even if Uncle Vlad and his string pullers were to succeed in imposing the ЭГР, it would be rolled back quickly. Yes, this is just how such pernicious stuff is stopped here in the Land of the Free and the Home of the Brave. To each slave its own slav way.
Notice how UV, the hatless guy in the middle, has the right thumb tucked comfortably inside the forefinger without grimmacing too much. The left thumb is hardly tempted to follow the right thumb's lead.
P.S. Да. Checkmate globalists, maybe one day, just as David Ben-Gurion predicted publicly in Jan. 1962. He had the timing wrong by at least 36 years and he was wrong about the USSR's role. However, the conclusion (e.g. "international police force" and "the federated union of all continents") is still not much much in doubt. Because conservatism is driftwood. Eggheads, nationalist do-gooders, and clowns like Woodrow, Uncle Vlad, and the Trumptard-in-Chief get things done for their puppeteers.
Has there been any proposed solution to the inherent problem in CBDC's in Russia to avoid the demolition of the fractional reserve banking system?
I'm referring to the fact that storing your salary in your CBDC account (so you can spend it) would deprive retail banks of reserve capital with which to make loans with. Transferring bits at a time prepurchase makes no sense in practical terms, so it's likely that just getting paid straight into it will be the default behavior.
The ECB blogs about this issue, but has no solution so far outside of negative interest rates to disincentivise people from keeping all of their cash in the ECB account.
It seems completely unworkable until that is resolved.
Great points, great post. Has been difficult to believe all along that Russia was fighting the international corporatocracy. Appears all nation states have been subsumed under the guise of the World Economic Forum, Davos crazies. Difficult to get out of this place alive.
This article is an ominous foreshadowing of what is to come in nation after nation if the globalist Great Reset cabal get their way. The covid scamdemic, the depopulating killer "vaccines", WHO's planned Global Pandemic Treaty, the US/NATO's insane criminal war against Russia via proxy Ukraine, soaring iuflation and food shortages, digital social credit scores are all bricks in the same wall. This article is most enlightening, and the sharp sarcastic cutting edge is unmatchable.
So we are in a big staged play! Global gobblers are at it on all ‘fronts’.
Thank you for digging
It will be hard to not comply / must be prepared to if you don’t want to follow the herd, physically and emotionally.
Very few are. 🙄
“However, it will not be possible to deceive people and it will be necessary to impose a digital currency by force.”
The large majority of people I know in the U.S. will be deceived when it comes here. The govermedia will talk about convenience and “security” and they will bite the hook with a will.
Unless they’re quietly beginning to rethink things, and are deceiving me. Either way, someone is being deceived.
If the Russian people will have to be forced to swallow CBDC, there’s still hope for them.
Once again, a gem of a post, Riley.
"Yeah, but Russia's digital dictatorship will be a good one, a humane one, ..... Come on, someone please tell me we haven't been fooled into supporting just another variant of the Great Reset!" :-)
you are great. an arrow of reality. thank you Riley!
Not CDBC, but... in Ukraine, they are considering a ban on selling alcohol, cigarettes, and fuel for cash.
https://www.epravda.com.ua/rus/news/2023/01/25/696325/
Whoop, whoop! Gimme your digital control, Putin. What's not to like?!
Terrific column, as always! If you’re ever looking for something to write about, I would love to get your take on the state of the Russian Orthodox Church. I am Orthodox in the United States and find it difficult to read between the lines of what we’re being told.
That cartoon at the end made me happy. (I am pre-programmed to like cartoons.)
''Some call it communism, I call it Judaism" Rabbi Steven Wise avowed communist and founder of the NAACP. 666 is coming and few will tie it into the Bible.
Before Russia nuke the WEF Satanic branches around the world, send the nuke to their WEF Russian branch first. ;) JewElenzky thanks his jewy bankers sponsors for funding his WWIII brought you by Blackrock, Goldman Sachs, JP Mortgan, etc. https://dailycaller.com/2023/01/24/zelenskyy-big-banks-ukraine-financial-support/.
If it takes a few cities nuked to install the global digital system, then it will happen.
Well at least the multipolar digital ruble will be pegged to gold, the "alt media" says. The bullion dealers confirm!
Нет. Check, globalists. They need a few more moves to defeat the Rushiyan empire. One order of business will be to convert the RE's military into a globalist police force...for a large part of the world, anyway. The RTP intervention in Yukraine was an important step in this direction, and no one needs to be surprised that the affair was instigated by the usual suspects, i.e. supremacists with familial connections to Tsion and a habit of manipulating both sides of conflicts.
So now I almost feel sorry for slavish Slavs and others living in Uncle Vlad's Rushiyan empire. If only they had a Libernuttian Party or a GOP like we do here in the USA, they'd be able to defeat the Эlectronic Гulag Рuble by talktalktalking about "free-markets" and their Schmonstitution until it's time to vote again. Even if Uncle Vlad and his string pullers were to succeed in imposing the ЭГР, it would be rolled back quickly. Yes, this is just how such pernicious stuff is stopped here in the Land of the Free and the Home of the Brave. To each slave its own slav way.
It's buy the way that Uncle Vlad has diverse friends. Check out THIS crew of them: https://www.theyeshivaworld.com/wp-content/uploads/2020/01/Putin-696x411.jpg
Notice how UV, the hatless guy in the middle, has the right thumb tucked comfortably inside the forefinger without grimmacing too much. The left thumb is hardly tempted to follow the right thumb's lead.
P.S. Да. Checkmate globalists, maybe one day, just as David Ben-Gurion predicted publicly in Jan. 1962. He had the timing wrong by at least 36 years and he was wrong about the USSR's role. However, the conclusion (e.g. "international police force" and "the federated union of all continents") is still not much much in doubt. Because conservatism is driftwood. Eggheads, nationalist do-gooders, and clowns like Woodrow, Uncle Vlad, and the Trumptard-in-Chief get things done for their puppeteers.
Has there been any proposed solution to the inherent problem in CBDC's in Russia to avoid the demolition of the fractional reserve banking system?
I'm referring to the fact that storing your salary in your CBDC account (so you can spend it) would deprive retail banks of reserve capital with which to make loans with. Transferring bits at a time prepurchase makes no sense in practical terms, so it's likely that just getting paid straight into it will be the default behavior.
The ECB blogs about this issue, but has no solution so far outside of negative interest rates to disincentivise people from keeping all of their cash in the ECB account.
It seems completely unworkable until that is resolved.