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Watch 1min Mp 4 RFK Jr Describes How CBDCs Will Become An Instrument Of Power And Control 

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Webb says that today is MUCH DIFFERENT from 1933 because, nowadays, the whole world has been "harmonized" and, also, most assets are "financialized", such that most folks are somehow "in the market", although often unwittingly so. Furthermore, most assets have been "dematerialized", meaning that they only exist electronically on a computer, and that even stock certificates no longer exist physically on paper;

Webb says that not even segregated accounts have any protection anymore under the "law";

webb-d-r.jpeg

Webb, left,  says that this "Nuclear Derivatives Time Bomb" was probably built deliberately, as a subterfuge that will serve as the trigger to confiscate the assets of most people in the world. In order to cover any alleged "losses" arising from the "Derivatives Time Bomb", the G-SIBs are now permitted by "law" to seize all your investments to cover any losses incurred by them arising from that intentional "Derivatives Time Bomb";

Webb says that the WORLD SYSTEM might even confiscate any gold or silver held outside the system, so it is very important to buy bullion anonymously and to keep it out of sight;

Webb acknowledges current inflationary and hyperinflationary tendencies, but he feels that a huge deflation will come that will dwarf the Great Depression of 1929-54 [which was of course yet another fake "crisis" that the "Illuminati" created artificially]. Effectively the WORLD SYSTEM does not want you in a position where you can sell any assets you own in order to get back on your feet. Thus, in order to enslave you more effectively, they will favor an EXCEEDINGLY DEFLATIONARY ENVIRONMENT for at least two decades;

Webb thinks that even very wealthy people who have their assets in the G-SIBs (which are supposedly TBTF) are going to be robbed by way of the pre-designed subterfuge called the "Derivatives Time Bomb";

Webb thinks that only those who are members of "THE BIG CLUB" will be saved, such as the owners of the G-SIBs, the owners of the central-banks, the big funds like BlackRock, and so-called Systemically Important Financial Market Utilities (SIFMUs) which are the clearinghouses for derivatives, as well as some others;

The WORLD SYSTEM will "legally" take your entire house if it has any tiny mortgage or lien whatsoever, so you should try and pay back and remove every single, even small, mortgage or lien in time;

Webb does not know when all this might take place, and concedes that the WORLD SYSTEM can keep the "Everything Bubble" going for much longer before pulling the plug, or else it can pull the plug tomorrow;

The DTCC was set up by members of the Central Lack-Of-Intelligence Agency (CIA) and has sole "legal" ownership of 99 percent of all the securities in the USA, which it registers in the name of "Cede & Co";

This "legal" framework, that got cemented in place worldwide after 2008, was effectively a communist coup d'état because it abolished most property rights. Hence, we are already living in world communism today;

Do not blithely assume that, just because the central-banksters turned on the money spigots in the past that they will do the exact same in future. It is even possible that the central-banksters might commit yet another deliberate "blunder" by continuing to increase rates even in the face of a deflationary collapse. The WORLD SYSTEM can grab any instrument classes that the BIS lists here: https://www.bis.org/cpmi/publ/d20r3.pdf;

The skill and subterfuge of this new "legal" framework will mean that you may even lose your whole house due to a tiny residual mortgage (although no one knows), and that the new owner might become, say, the BlackRock Real Estate Fund, that may then choose to lease it back to you out of the "kindness" of its heart;

Note: In reality, BlackRock and Vanguard do not own a single stock or bond. Instead, they have custody over the "Security Entitlements" of all the Goyim "Livestock" on Earth. What an "amazing" "coincidence"!

Augustin Carstens is the general manager of the Bank for International Settlements (BIS). One can see the following comments of his, which have “gone viral”, just after the twenty-four minute mark in the video of the virtual meeting titled “Cross-Border Payments—A Vision for the Future” [48]:

We don’t know … who’s using a $100 bill today and we don’t know who’s using a 1,000 peso bill today. The key difference with the CBDC is the central bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability, and also we will have the technology to enforce that.

How a CBDC Created Chaos and Poverty in Nigeria

https://mises.org/wire/how-cbdc-created-chaos-and-poverty-nigeria 

When February 10, 2023, arrived and about 80 percent of the $7.2 billion, previously in private hands, ended up in digital accounts as CBDC, the poorer segment of the population (over half of the people) still did not have bank accounts.

 Although the attempt to digitize the Nigerian currency ended in failure, it carries a lesson for the rest of the world. 

 Many small businesses, a significant part of the economy that relies on cash payments, closed because their customers had no money to pay.

It is easy to understand why violent riots erupted in the country on February 16, 2023, resulting in casualties. Deprived of their entire wealth, desperate and hungry people took to the streets, demanding the reinstatement of the validity of the old paper currency.

Overwhelming majorities would oppose the adoption of a CBDC if it meant that the government could control what people spend their money on (74%), that the government could monitor their spending (68%), that a CBDC would abolish all U.S. cash (68%), that a CBDC would attract cyberattacks (65%), that the government could charge a tax on those who don’t spend money during recessions (64%), or that the government could freeze the digital bank accounts of political protesters (59%). Americans were marginally opposed (52%) if a CBDC could cause some people to stop using private banks, resulting in some banks going out of business.

Poll: Americans Don’t Want a Central Bank Digital Currency 

https://www.2ndsmartestguyintheworld.com/p/poll-americans-dont-want-a-central  

What can a CBDC do that standard fiat cannot?

1. Customized for individuals

2. Restrict the purchase of guns & ammo

3. Air travel can be restricted

4. Tax can be automatically taken

5. Fines can be automatically taken

6. Accounts can be frozen automatically

7. Purchases can be controlled

8. Expiry dates can be applied

9. Limits on spending can be set

10. Location limits can be applied

11. Food purchases can be rationed

12. Kept out of the stock market

13. If you don't have it, you can't buy & sell.


     Click on image above or on link to see Tik Tok post                 https://www.tiktok.com/@user94201447777161/video/7231467910890360091?_r=1&_t=8cCz3hKnXKs&social_sharing=v2 

DeSantis Bans Central Bank Digital Currency In Florida, Citing Privacy Concerns 

https://100percentfedup.com/desantis-bans-central-bank-digital-currency-in-florida-citing-privacy-concerns/

QUESTION:
Fednow Is a central bank digital currency that the United States government is planning to have the citizens of the United States utilize in the near future. Please explain to me as you would a 10 year old child how old is program is supposed to work

ANSWER:
PERPLEXITY

A central bank digital currency (CBDC) is a digital form of money that is issued and backed by a country's central bank. The United States government is considering creating a CBDC called FedNow.

Here's how it might work:

FedNow would be like regular money, but it would exist only in digital form.

People would be able to use FedNow to buy things, just like they use cash or credit cards.

FedNow would be decentralized in transaction, meaning that people could use it to make purchases without needing to go through a bank or other financial institution.

However, the supply of FedNow would be centralized, meaning that the Federal Reserve would control how much of it exists and how it is distributed.

FedNow would be more efficient than regular money because it would be faster and cheaper to transfer between people and businesses.

Before FedNow can be issued to the public, specific requirements must be satisfied. These requirements include policy objectives, technical and financial design choices, and a research and development agenda

FedNow is still in the planning stages, and it is not yet clear when or if it will be launched

Overall, FedNow is a new way for people to use digital money that is backed by the United States government. It would be faster and more efficient than regular money, but it is still being developed and is not yet available for use.

Please verify if the Fednow digital currency will be using Blockchain technology And if so please explain as you would do a 10 year old child what Blockchain technology is and provide examples

PERPLEXITY

It is not clear whether FedNow will use blockchain technology. However, blockchain technology is a type of digital ledger that can be used to record transactions and asset ownership. Here's how blockchain technology works:

Examples of blockchain technology include:

Overall, blockchain technology is a type of digital ledger that can be used to record transactions and asset ownership. It is decentralized, secure, and transparent, making it useful for many different applications. While it is not clear whether FedNow will use blockchain technology, it is possible that it could be used in the future.

Please provide information on any legislation that is being considered or has been considered by the United States Congress in regards to the Fed now digital currency. Please explain to me as you would do a 10 year old child

PERPLEXITY

As of now, there is no legislation that has been passed or is being considered by the United States Congress in regards to the FedNow digital currency. However, policymakers and Federal Reserve staff have been studying the potential benefits and risks of a U.S. central bank digital currency (CBDC) for years

1. The Federal Reserve has issued a paper called "Money and Payments: The U.S. Dollar in the Age of Digital Transformation" to foster a broad and transparent public dialogue about CBDCs in general, and about the potential benefits and risks of a U.S. CBDC

2. The paper is not intended to advance any specific policy outcome, and no decisions have been made at this time. The Federal Reserve has made it clear that it would only proceed with the issuance of a CBDC with an authorizing law

2. In March 2023, Chair Powell testified before the House Financial Services Committee that a central bank digital currency is "something we would certainly need Congressional approval for"

Overall, while there is no legislation that has been passed or is being considered at this time, the Federal Reserve is studying how a CBDC could promote monetary and financial stability and the safety and efficiency of the payment system

.

How is Fednow different from regular money

PERPLEXITY

FedNow is a payments service developed by the Federal Reserve that allows financial institutions of every size across the United States to provide safe and efficient instant payment services

1. Here are some ways that FedNow is different from regular money: FedNow is a digital payment service that allows financial institutions to transfer funds almost instantly

2FedNow is not a form of currency, nor is it a move towards eliminating cash

3 It is a platform that will transfer your dollar online, the same way popular money apps transfer funds

2FedNow will operate on a 24x7x365 basis, allowing financial institutions to process and settle transactions at any time

FedNow will enable individuals and businesses to send instant payments through their financial institutions participating in the FedNow Service

Recipients will have full access to funds immediately, allowing for greater financial flexibility when making time-sensitive payments

FedNow has the potential to introduce a new level of competition in the real-time payments market, which was previously dominated by private-sector players like The Clearing House (TCH)

FedNow is not related to a digital currency or a central bank digital currency (CBDC)

The federal reserve bank of the United States is planning to implement the fednow program this July. Please explain to me as if I was it 10 years old how old is program is to be implemented and what is basic features are

PERPLEXITY

The FedNow Service is a new instant payment infrastructure developed by the Federal Reserve that allows financial institutions of every size across the U.S. to provide safe and efficient instant payment services

1. The FedNow Service will be deployed in phases, with the initial launch taking place in July 2023

1. Here are some basic features of the FedNow Service:

Instant payments: The FedNow Service will allow individuals and businesses to send instant payments through their depository institution accounts.

24/7 availability: The FedNow Service will have a 24-hour business day each day of the week, including weekends and holidays.

Settlement: The Federal Reserve Banks will provide a variety of reports and tools to help financial institutions manage their account balances and reconcile FedNow activity.

Reporting: Financial institutions will be able to access FedNow-specific reports that include activity totals and details.

Fraud prevention tools: The first release of the FedNow Service will include optional features such as fraud prevention tools.

Flexibility: The FedNow Service is intended to be a flexible, neutral platform that supports a broad variety of instant payment use cases.

Overall, the FedNow Service is a new way for people and businesses to send and receive payments instantly and safely.

What the federal reserve JUST launched Monday Apr 3rd 2023 is the groundwork and infrastructure for the FUTURE of money in the United States and ultimately the ENTIRE globe.


11 countries have ALREADY gone live with CBDCs including Jamaica and Nigeria. So ask yourself this…will the United States allow developing countries to have a more “advanced” payment system than us? Of course not - It is CLEAR that countries around the globe are RACING to implement centralized governmental CONTROLL over MONEY and make banks the new middle man.


They want to COMPLETELY do away with cash and implement CENTRAL BANK DIGITAL CURRENCIES (CBDCs). As MORE crisis emerge, wether it be hyper inflation, pandemics, food shortages or climate change - governments will look to controll and REGULATE citizen use of resources - it’s all about giving unprecedented power to elites in the name of public emergencies - just like…..well….I’m sure you remember 2020


THERE IS STILL SOME HOPE! There are some senators opposing this who have a bill out to try and stop it, Congress still needs to approve the change to digital currency - the AMERICAN PEOPLE can also still STOP this by mass protests as well. FOR NOW, this FedNow system is the infrastructure AND train tracks not the train itself. But in my personal opinion it will pass and we will go cashless - do not lose hope however in the end good ALWAYS prevails over evil my friends.


My job is to keep you ahead of the pack and ahead of the curve, now that it’s on ur radar, you won’t be taken off guard when it happens!


Follow me @promainshow for DAILY updates on world events


Sources:


Press release on FedNow

https://www.federalreserve.gov/newsevents/pressreleases/other20230315a.htm


More on fed now

https://explore.fednow.org


White House - digital currencies

https://www.whitehouse.gov/ostp/news-updates/2022/09/16/technical-possibilities-for-a-u-s-central-bank-digital-currency/


Federal National Parks Banning Cash

https://www.frommers.com/trip-ideas/national-park/the-cost-of-going-cashless-at-us-national-parks