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The World Economic Forum released a report on 16 April claiming 98 per cent of the world’s central banks have agreed to implement a cashless society by eliminating physical cash and switching to central bank digital currencies.
Despite almost zero coverage in the mainstream corporate media, this sea change in the way transactions are conducted has been decades in the making and will end the concept of privacy and anonymity, Leo Hohmann writes.
Let’s not lose touch…Your Government and Big Tech are actively trying to censor the information reported by The Exposé to serve their own needs. Subscribe now to make sure you receive the latest uncensored news in your inbox…
New WEF Report Says 98 per cent of Central Banks Have Agreed to Replace Paper Money with Trackable ‘Digital Cash’
By Leo Hohmann
The era of cash money is nearing its end, and with it will come the end of privacy.
The World Economic Forum (“WEF”) claims that 98 per cent of the world’s central banks have agreed to implement the globalists’ long-awaited dream of a cashless society.
Most central banks, such as the US Federal Reserve, are quasi-government institutions owned privately by billionaire bankers.
And the WEF is not the first to reveal the plans of the globalist elite, which have been preparing for years to eliminate paper fiat currencies. But this latest report indicates the grand plan is now very close to being realised, perhaps just awaiting a triggering event – a Black Swan event of some type – before making the switch to “digital cash.”
As first reported by Slay News, the latest revelation was made in a new white paper from WEF which declares that nations around the world will soon be “forced” to adopt a central bank digital currency, or CBDC, in place of traditional money.
In the report, titled ‘Modernising Financial Markets With Wholesale Central Bank Digital Currency’, the WEF asserts that a CBCD will replace all other forms of money to serve as a single global digital currency system.
It makes sense that when the petrodollar collapses, all paper currencies pegged to it will fall like dominoes.
This has been hinted at for many years, with perhaps the clearest indication coming from economist Dr. Pippa Malmgren in March 2022, when she addressed the World Governments Summit and said:
“And I’ll say this boldly, we’re about to abandon the traditional system of money and accounting and introduce a new one. And the new, the new accounting is what we call blockchain. It means digital. It means having an almost perfect record of every single transaction that happens in the economy, which will give us far greater clarity over what’s going on.”
Digital cash is not cash at all. It is not only digital but programmable, meaning some higher authority has the ability to turn it on and off, or program it in such a way that makes it applicable only at certain stores or for certain goods and services, not others.
The WEF report states:
[Central bank money] CeBM is ideal for systemically important transactions despite the emergence of alternative payment instruments. Wholesale central bank digital currency (wCBDC) is a form of CeBM that could unlock new economic models and integration points that are not possible today.
The report focuses on the claimed goal of streamlining cross-border transactions, but it’s much more than that.
According to the WEF, central banks are preparing to deploy different forms of CBDCs specifically designed to be used by different institutions for different reasons.
Wholesale CBDCs will be used by banks, governments, and transnational corporations. Retail CBDCs will be reserved for the general public.
The WEF report also confirms what we already knew, that converting to this new digital system means all physical assets will eventually be “tokenised,” in a scheme meant to bring more billions in profits to elites on Wall Street:
The tokenisation of assets involves creating digital tokens representing underlying assets like real estate, equities, digital art, intellectual property, and even cash.
Tokenisation is a key use case for blockchain, with some estimates pointing towards $4-5 trillion in tokenised securities on [distributed ledger technology] DLT by 2030.
Doesn’t that sound like fun?
And I’m sure our beloved politicians will protect us from these monsters, right?
About the Author
Leo Hohmann is a veteran investigative reporter and author whose book ‘Stealth Invasion‘ spent the majority of 2017 among Amazon’s top 10 books on immigration. He has spent decades researching and writing about education, immigration, crime, politics and religion.
He publishes articles on a Substack page titled ‘Leo’s Newsletter’. If you appreciate his work and would like to support it, you may send a donation of any size c/o Leo Hohmann, P.O. Box 291, Newnan, GA 30264, or via credit card through GiveSendGo, a Christian crowd-funding site.
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Categories: Breaking News, World News
Well if the Comrade Clause is pushing this Fairy Tail it’s guarantee’d its a complete ‘Crock’ and will not be good for the Man in the Streets but to his Down fall! Once the have you stuck on Plastic Cards your a Goner, they will Control and Own you! Keep your cash and your Freedom Fukk Klause!
Very disappointing excise chose to print this nonsense.
Has anyone considered that they are doing away with cash because they do not have any, and that their Kinds ability to conjure cash out of thin air offering the living people as their Surety for all of it has been removed. As have the Trusts that they have been using. Now their Kind seek to con everyone into believing that their Kind has Right and Title to Commandeer all of the Earths Resources to underwrite their Kind’s CBDC’s. Their Kind have never been the Source of Money and their Kind have never lawfully paid for anything; ever, never not ever. They print and distribute Military Scrip I.O.U’s. aka Commercial Realm Currencies. Their kind operate entirely on Credit, and their kind, when it comes to Money are Insolvent and truly Bankrupt.
Now… have you considered exactly why they want to get all of their Notes out of circulation. It is because their Notes are the proof of their Debts. Their I.O. U’s their Debt. They want to burn their Debts and have the proof of their Debts go up in smoke. Apart from that who would seek to kill off their Creditors? Why the Debtors off course, who else?
It is more to the point if you have any money it will be taken in a bail in and the CBDC is to prevent you being able to remove it.
Definition of a “taxpayer”.
“A Warrant Officer in the British Merchant Marine Service known as a “Taxpayer”, responsible for collecting taxes and tariffs owed to the British Monarch”.
https://annavonreitz.com/iam.pdf
Of course they want a cashless society so they can control all aspects of our lives, the trouble is they have no creditability left
“Cash” (Fiat currency) is proof of the banks debt to the people. Hence the mad rush to eliminate its existence by removing it all from circulation.
With a digital currency, the banks would still act dishonourably, but on a far greater level.
With the ability to create any amount of wealth for themselves by pressing a few buttons, they would own and control everything. Including the life of every ignorant idiot who falsely believes a CBDC is the way forward.
Life for those ignorant idiots would be a very short one with the banks ability to control demographics, who can eat and who can’t, who has access to water and who doesn’t, medication etc etc etc.
not to forget the ‘fines’ you’ll get for eating too much chocolate
many shops are now not accepting cash – and even the self serve tills in the supermarkets are removing the cash choice button.
We’ll have no choice but have to go that way, cash isn’t backed by gold anyway.
[…] Světové ekonomické fórum vydalo 16. dubna zprávu, podle níž 98 procent světových centrálních bank souhlasilo se zavedením bezhotovostní společnosti, odstraněním fyzické hotovosti a přechodem na digitální měny centrálních bank. […]
May I ask why expose has chosen to give the WEF, one minute of attention? A very corrupted, sick and despicable organisation deserves nothing and it sure does not deserve the expose acting as the public relations for the corrupted WEF.
[…] Světové ekonomické fórum vydalo 16. dubna zprávu, podle níž 98 procent světových centrálních bank souhlasilo se zavedením bezhotovostní společnosti, odstraněním fyzické hotovosti a přechodem na digitální měny centrálních bank. […]
[…] – 98% of central banks agree to eliminate cash and implement CBDCs, a new WEF report says […]
[…] 98% of central banks agree to eliminate cash and implement CBDCs, a new WEF report says […]
[…] Světové ekonomické fórum vydalo 16. dubna zprávu, podle níž 98 procent světových centrálních bank souhlasilo se zavedením bezhotovostní společnosti, odstraněním fyzické hotovosti a přechodem na digitální měny centrálních bank. […]
What BS..I want cash not digital currency I like the feel of cash in my wallet..
It no one’s business what I buy especially the government
[…] Autor: Rhoda Wilsonová, Zdroj: expose-news.com […]
[…] Read More […]