In the financial realm, extraordinary transformations and events are taking place that are, surprisingly, systematically ignored by the mainstream media. According to economics and finance expert Ernst Wolff, these phenomena are so momentous that they surpass our imagination. Under the direction of the global financial elite, almost all countries in the world are striving to implement a new form of money: central bank digital currency, known as CBDC.
CBDCs differ from current money because they are issued and managed by central banks, not commercial banks. This creates a transparent and easily monitorable financial profile of each citizen. Furthermore, being programmable, they can be limited in their use or have conditions imposed on them, such as an expiration date or being linked to a social credit system, similar to that in China. In short, the arrival of CBDCs could turn our assets into tools of control for the powerful, threatening our financial freedom.
The proposal for the digital euro was approved by the European Commission on 28 June 2023. After a research period of approximately 24 months, the European Central Bank (ECB) decided to move to the preparation phase on November 1, 2023. This phase includes the finalisation of the operating rules and the selection of providers to develop the necessary platform and infrastructure.
On 7 November 2022, during a conference in Brussels1, Christine Lagarde, President of the European Central Bank, spoke about the digital euro. In his speech, he mentioned that the digital euro project had made significant progress and stressed the importance of maintaining citizens' trust in the digital payment system. He informs us that the digital euro will be imposed, of course, “by force”.
Christine Lagarde, President of the European Central Bank
The introduction of the digital euro raises serious questions about citizens’ freedom and privacy. At first glance, the digital euro might seem like a convenient measure to facilitate transactions and modernise the European economy. However, behind this façade of innovation lies an unprecedented system of control. Every transaction you make will be monitored and recorded, giving governments and financial institutions absolute power over your spending habits and, therefore, your daily life. This is not just a monetary change; it is an avenue for mass surveillance.
The fear of a totalitarian state becomes palpable when we consider how the digital euro could be used to draw up a detailed profile of every individual. Imagine a future where your spending is monitored and any purchase that does not align with state policies – such as the consumption of certain goods or services deemed “non-essential” – is blocked or punished. This goes beyond economics; it is an assault on personal autonomy.
Moreover, in an environment where cash is becoming obsolete, citizens' ability to control their own money and make free choices is eroded by the day. The introduction of the digital euro is undoubtedly a step towards a suffocating system of control that many might call "the era of totalitarian digital money."
"15-minute cities," that modern utopia that proposes that all our daily needs are within a short walk from home, can be a double-edged sword. While the concept sounds appealing, it holds an insidious risk. By digitizing our transactions and combining it with strict geographic control, a system can emerge in which every movement, every purchase, and every decision is recorded.
This could be the future some want for us: a world where our freedoms are tied to a digital credit system that determines where we are allowed to go and how we can spend our money. Digital currency, in its purest form, could blur the lines between our freedom of choice and constant monitoring, transforming our daily lives into a maze of restrictions disguised as convenience.
Digital currencies, driven by THEM through governments and corporations, have the potential to create a surveillance system that limits not only what we buy, but also how we move around our cities.
Recently, such a digital wallet has also been imposed in Thailand under an attractive speech. However, in this country there is one restriction: you will not be able to use those funds if you move more than 4 kilometers from your location. The owners of this system aspire to keep the population controlled and static, as if they were cattle. Their goal is to limit mobility and confine people to a specific geographic area, allowing them to monitor and exert mind control through implants that have been administered to the population via vaccines or other injectables.
Don't think that this is going to be limited to the Eurozone. Later on, the digital currency will be imposed in the rest of the countries of the world. It is part of the 2030 Agenda.
First, they tell you everywhere about the benefits of this system. But of course, they reserve the real purpose of its imposition for later. When everyone has accepted it, this system will serve to control all your activity, to track what you do and to punish you if you have not behaved well, if you are not faithful to the system.
We know this tactic very well, let's not forget what happened with the inoculation of the false Covid vaccine, which they said was for our good.
They will tell you it is private, even though they know everything about you.
They will tell you it is not programmable, because the first few years they will not impose any constraints on you until the system is adopted by everyone.
They will tell you it is free and easy to use, because becoming a slave to their system will be easy and free. You just have to give up being the owner of your own economy.
As long as you "behave well" nothing will happen to you, they will not confiscate or freeze your money. You just have to obey in everything.
They will be the owners of your wallet, your money, you will only be the temporary user to whom they will give permissions if you obey. Exactly what has been done in China.
Let's give the European Central Bank control of all the wallets of all EU citizens, and with programmable money that records all the data. What can go wrong?. At stake is only the enslavement of the entire population forever.
According to Wolff, by the time the population realizes this strategy, it will be too late. In an interview, taken from the Kla.tv website, he discusses the dangers of CBDCs and the individuals who push them:
[Ernst Wolff in an interview with Dominik Kettner:]
“The ultimate goal of the central bank digital currency is that we all have one account, at the central bank. All of this is sold to us as a simplification, as an acceleration of all financial processes, but of course there is something completely different behind it.
The new monetary system will be the first two-tier monetary system in existence. Then there will be a so-called wholesale CBDC. This wholesale CBDC will be traded between the central bank and large financial institutions, i.e. hedge funds, insurance companies, pension funds, etc. Then there will be a retail CBDC. Retail is the English word for retail. This CBDC will apply to ordinary citizens and small businesses.
This is therefore the first two-tier system in the history of money. In addition, this money will be programmable, i.e. it can be linked to a maturity date. This means that this money can lose its value after a certain period of time. We have seen this in China, where there were lotteries. People who accepted this wallet with CBDCs were credited with some yuan on their mobile phone with an expiry date of six days. After six days this money disappeared, so it had to be spent within six days.
However, money can also be subject to other conditions: for example, it can be spent for a specific purpose. That is, you can say that you can spend part of the money only on food, part on rent, and the rest, as far as I'm concerned, on entertainment.
Money can also be spent locally. This means that it can be tied to the fact that you only spend it within a radius of so many kilometres from your own place of residence. And that's quite interesting in relation to the 15-minute cities that are planned everywhere. So it may be that in the context of a 15-minute city, we can actually only spend the money within that 15-minute city.
It may also be tied to something else, namely a Chinese-style social credit system. This means that we can be given negative points if, for example, we have not paid our rent on time, if we have crossed a red intersection, if we have made politically unpleasant comments, then we can be given negative points.
And this can get to the point where one day we discover that we have driven too much, that we have flown too often, that our CO2 footprint has become too high and that we are therefore not allowed to drive or travel for a while. These are all restrictions that can of course be imposed on us from a central body and that body is the central bank. [...]
The role of the World Economic Forum in relation to CBDCs is quite interesting. At Christmas 2018 we saw the biggest drop in stock markets globally, because the Federal Reserve slowly raised interest rates beforehand. So at the end of 2018 it became clear that the old financial system, the old monetary system, was over and could no longer be kept alive in the long term.
Interestingly, in January 2019, the World Economic Forum met in Davos and launched the consortium to develop central bank digital currencies. All major central banks are present in this consortium, major blockchain companies, major credit card companies and of course the WEF is also prominently represented. What is important to see is that the WEF directly helped launch this agenda. And of course, the WEF did other things in 2019 as well: it appointed Larry Fink, the head of BlackRock, to its board, where Larry Fink now sits together with the head of the IMF and the head of the ECB and all the big names of the global business elite are now together in this.
Then the WEF also held Event 2012 in 2020, together with the Bill and Melinda Gates Foundation and Johns Hopkins University, where a pandemic simulation was done. And I think that none of this is a coincidence that we were able to experience all this.
I think that all this leads to the fact that at some point we should receive this new money, because during the pandemic these QR codes were imposed on us, so we got used to the fact that at some point we will all be recognized biometrically. Biometric recognition is also a phenomenon that is part of the new money. If we all have new money, if we all have one wallet on our cell phone, then we also have to be identifiable, so it cannot be that one of us gives his cell phone to five other people or that we, for example, become isolated from all financial flows, then we switch to other mobile phones. That is why biometric recognition is very important and, of course, Klaus Schwab is at the forefront in this area with his World Economic Forum. [...]
According to Ernst Wolff, the entire digital financial complex, with the powerful asset managers BlackRock and Vanguard, the World Economic Forum WEF and the global central banks, which are nothing more than the extended arm of the global financial elite, are behind the introduction of CBDC. In order to establish their planned world dictatorship, this new digital money, together with the biometric and digital registration of every citizen on earth, is indispensable. This world domination can only be established by complete monitoring and control of every person. So for them it is all or nothing, just like for us. That is why we now need the most determined resistance from everyone, as this digital money can destroy everything we hold dear.
We cannot overlook "The 6 Phases of Global Dictatorship"3, an analysis attributed to Mike Yeadon and disseminated from December 2021, which we have already discussed above. This approach offers a disturbing perspective on the development of control and surveillance systems, which are particularly relevant in the context of the digital wallet and its implications for our individual freedom. Let us recall Phase 6:
Phase 6 - Cancel debts and dematerialize money:
Trigger economic, financial and stock market collapse, bank failure.
Withdraw money from private individuals' bank accounts to offset bank losses.
Activate the "Great Reset".
Dematerialize money.
Cancel debts and loans.
Impose digital wallets.
Seize property and land.
Ban all medicines worldwide.
Confirm mandatory vaccinations every six months or annually.
Impose food rationing and a diet based on the Codex Alimentarius.
Extend measures to emerging countries.
Result: third stage of digital control and the establishment of the New World Order across the planet.
Excellent essay on the collective changes being ushered in by the globalists.
The trap has indeed been set and we are on course for Prison Planet Earth.
People believe they can escape it -just because they are so special.
Rude awakenings - and blaming everyone and anything else - but ultimately - the failure to mount a sustained planetary response in time - may well have sealed the deal.
Mass genocide all around us - but amidst virtual radio silence.
With all this genocide going on, people are not moving. I'm sure that when the money is taken from their bank accounts, it will hurt them much more, but it will be too late.