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From Reserve Currency to Shared World Order: The Future of Global Finance

By Matthew Hayward The development of central bank digital currencies (CBDCs) by major economies, such as China, the US, and the European Union, is reshaping the global monetary system and contributing to the emergence of a new shared world order that utilizes a couple of different currencies instead of relying on a single global Reserve currency. This shift will be an incremental step toward establishing a one-world government. The rationale for this updated hypothesis could be based on the following points: The development of CBDCs represents a significant innovation in monetary policy. It has the potential to transform the way in which payments and financial transactions are conducted globally. CBDCs may offer several advantages over traditional fiat currencies, such as greater efficiency, security, and accessibility, as well as the ability to facilitate cross-border transactions and reduce transaction costs. The development of CBDCs is being driven by major economies, such as China...

Central banking quotes

  "I believe that banking institutions are more dangerous to our liberties than standing armies." - often attributed to Thomas Jefferson "The central bank is an institution of the most deadly hostility existing against the principles and form of our Constitution." - Thomas Jefferson "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered." - Thomas Jefferson "The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented." - John Kenneth Galbraith "The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate th...

Is the time for Revolution upon us

Resisting the impending transformation of our monetary system is a cause worthy of a historical revolution. I do not utter these words lightly. There's no turning back once we embark on the journey toward Central Bank Digital Currencies (CBDCs). We will find ourselves inextricably bound to the state, our freedoms tethered to their whims. No, this won't occur overnight. It will begin innocuously enough. In their naivety, many will embrace it, scoffing at the warnings of those who see the larger picture. In doing so, they will not only be forging their own chains but also condemning future generations to a dystopian world of their making. Privacy Concerns With CBDCs, every transaction you make can be monitored. The veil of financial privacy we currently enjoy, albeit thinning, will be lifted entirely. This level of oversight could be used to control or manipulate economic behavior, a serious concern for civil liberties. Exclusion Risks With a state-controlled digital currency, th...