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BANK OF INTERNATIONAL SETTLEMENTS
[Bank of Banks - The Head of the Dragon]
General Manager, Bank of International Settlements (BIS)
Agustin Carstens
Sent a chilling message regarding the future direction of central bank digital currencies (CBDCs). All FED Chairs [world wide] report to this fellow. He states - without stuttering - the objective of the BIS is to END CURRENCY (to control the people). This means no more private money. No more cash belonging to the people. From this viewpoint - access to money is a PRIVILEGE - and may be revoked at will.
#nwo #social #credit #cashless #surveilance #CBDCs #BiS #control #lockstep
Important.
[Bank of Banks - The Head of the Dragon]
General Manager, Bank of International Settlements (BIS)
Agustin Carstens
Sent a chilling message regarding the future direction of central bank digital currencies (CBDCs). All FED Chairs [world wide] report to this fellow. He states - without stuttering - the objective of the BIS is to END CURRENCY (to control the people). This means no more private money. No more cash belonging to the people. From this viewpoint - access to money is a PRIVILEGE - and may be revoked at will.
#nwo #social #credit #cashless #surveilance #CBDCs #BiS #control #lockstep
Important.
Forwarded from GJ `°÷°` π΅πΈπ (t ``~__/>)
All That Glitters Is Not Necessarily Russian Gold β Strategic Culture β https://www.strategic-culture.org/news/2022/03/17/all-that-glitters-is-not-necessarily-russian-gold/
#Sanctions and #sovereignty β https://rentry.co/sanctions-and-sovereignty
As of February 1, three weeks before the start of #OperationZ, the #Russia n Central Bank held $630.2 billion in reserves. Almost half β
$311.2 billion β were placed in foreign securities, and a quarter β $151.9 billion β on deposits with foreign commercial and #CentralBank s. Not exactly a brilliant strategy.As for the physical #gold, #$ 132.2 billion β 21% of total reserves β remains in vaults in Moscow (two-thirds) and St. Petersburg (one-third).
The key problem is that more than 75% of Russian Central Bank reserves are in foreign currency. Half of these are #securities, like government bonds: they never leave the nation that issued them. Roughly 25% of the reserves are linked to foreign banks, mostly private, as well as the #BIS and the #IMF.
#Sanctions and #sovereignty β https://rentry.co/sanctions-and-sovereignty