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
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This Is Why We Need to Talk About CBDCs - TruthStreamMedia
Central banks and governments, at a global scale, have prepared to implement CBDCs (Central Bank Digital Currencies) with important consequences for every aspect of freedom in our lives.
Though they will introduce it to the public gradually, its capacity for total control is immense.
CBDCs will be PROGRAMMABLE. Where and how money is spent is literally built into this new currency. And they plan to use it to change how money is use. The executives that frequent the World Economic Forum and the other elite forums have said so.
And so, CBDCs will not just be money. No, not at all. CBDCs are designed as tools of a very political and ideological agenda; some of the worst policies that have been pushed in recent decades will now have the force of spending controls to βnudgeβ people into submission and compliance.
#DigitalCurrency #CentralBank
#CBDC #Privacy #BigBrother
Central banks and governments, at a global scale, have prepared to implement CBDCs (Central Bank Digital Currencies) with important consequences for every aspect of freedom in our lives.
Though they will introduce it to the public gradually, its capacity for total control is immense.
CBDCs will be PROGRAMMABLE. Where and how money is spent is literally built into this new currency. And they plan to use it to change how money is use. The executives that frequent the World Economic Forum and the other elite forums have said so.
And so, CBDCs will not just be money. No, not at all. CBDCs are designed as tools of a very political and ideological agenda; some of the worst policies that have been pushed in recent decades will now have the force of spending controls to βnudgeβ people into submission and compliance.
#DigitalCurrency #CentralBank
#CBDC #Privacy #BigBrother