“We Are Entering Into A War Period” – Austin Fitts Warns “Nothing Will Ever Be

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The Same”…

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says big change is ahead of the world, and “nothing will ever be the same.”

Fitts lays out the so-called “reset” you’ve been hearing about for the past few years and says,

We are in the process that I would recall is a global reset. The entire financial system is being reset. There are two aspects of this: One is extending the old system, and the other is bringing in the new system. It’s very much being done on the fly by trial and error, but the new system is 100% digital.

The new system, according to Fitts, will be a top down control system where “tyranny” will be the key feature. Fitts predicts,

“If you look at the tyranny they are working on delivering, I don’t think most people realize how hideous some of their plans are. So, the tyranny that’s coming and the printing that’s coming is greater than anything we have seen so far

The Fed started a new round of QE in March, and if you look at the extent of that, it is extraordinarily inflationary. That’s because this time around, the Fed is not just doing $3 trillion in QE. What the Fed did in three or four months, what it took them to do in three to five years during the so-called financial crisis, that is an extraordinary amount. Then you combine it with fiscal stimulus because the Fed is now buying the Treasuries… and the Treasury is sending checks out to Main Street. We are seeing that money going into the economy that is extraordinarily inflationary.”

Fitts describes the overall situation, “We are basically entering into a war period, and it’s dangerous…”

“There are many different layers, but this is what World War III looks like.

The people running things and centralizing economic power and control are saying we don’t want to share the subsidy anymore with the general population…

This is a spiritual war between good and evil. Part of that war spreads out to invisible technology like mind control.”

Fitts says gold and silver will be assets to have in the future. Fitts explains,

“If you look at where they want to go, their vision is so dark that I think the more people recognize and see it, the more they are going to want simple assets they can control that are not digital and try to keep them outside the system. Globally . . . I think the pressure is going to be on to have precious metals.”

Fitts is basically predicting higher highs and higher lows for gold and silver prices for some time to come.

One “who with perversity in his heart continually devises evil.” That is, he revels in the natural inclinations of he’s own depravity (Jer. 17:9; Mark 7:21-22), and in his activities “spreads strife” among men.

“And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.” This cryptic verse from the book of Revelation describes a future dystopian world where cash is no longer king, as it’s been replaced by the mark of the beast that’s right now being unveiled before our very eyes in response to the Wuhan coronavirus (CoVid-19).

Not long after Beijing started “quarantining” physical money all throughout China because it might be infected with the novel virus, the Federal Reserve here in the United States decided to do the same thing by “quarantining physical dollars that it repatriates from Asia before recirculating them in the U.S. financial system,” according to a Fed spokesperson.

While all money isn’t quite yet been fully and systematically removed from American circulation, we’re witnessing the precursors to this exact thing happening in the soon coming days as Wuhan coronavirus (CoVid-19) fear and panic continues to run its treacherous course.

The money quarantine decision comes as a “precautionary measure,” with the Fed indicating that said money will have to remain under mandatory lockdown for at least 10 days before recirculating. Specifics about how these paper dollars will be effectively sanitized before being reintroduced have not been disclosed by the Fed.

Trump Administration Considering Social Credit Score System to Determine Who Can Buy a Gun, the Anti-Christ System Is in Place and ready to be Implemented  THE MARK OF THE BEAST WILL BE AN END-TIMES IDENTIFICATION REQUIRED BY THE ANTICHRIST IN ORDER TO BUY OR SELL. The Trump administration is considering launching a social credit score-style… 

Amidst the annual spectacle of the World Economic Forum in Davos, the Bank for International Settlements this week announced that multiple central banks have created a group that will ‘assess potential cases for central bank digital currencies

Here is the press release from the BIS in full:

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), have created a group to share experiences as they assess the potential cases for central bank digital currency (CBDC) in their home jurisdictions.

The group will assess CBDC use cases; economic, functional and technical design choices, including cross-border interoperability; and the sharing of knowledge on emerging technologies. It will closely coordinate with the relevant institutions and forums – in particular, the Financial Stability Board and the Committee on Payments and Market Infrastructures (CPMI).

The group will be co-chaired by Benoît Cœuré, Head of the BIS Innovation Hub, and Jon Cunliffe, Deputy Governor of the Bank of England and Chair of the CPMI. It will include senior representatives of the participating institutions.

As with every other recent development in regards to CBDC’s, the BIS stands at the heart of the issue. The new central bank grouping comes just over six months after the BIS first established an Innovation Hub for central banks (also known as Innovation BIS 2025) with the objective being to ‘foster international collaboration on innovative financial technology within the central banking community‘.

Everything is right on schedule and, now, the time is come to remove one of the final obstacles standing in the way of a New World Order: The United States Constitution – even if, over the course of many decades, it has already been greatly diminished by the B.E.A.S.T. system; or, more specifically, Bullshit Emerging As Strategic Totalitarianism (B.E.A.S.T.).

The Future of Digital Money - McKoysNews.com

As confirmed by several economic outlets, including Bloomberg, Bank of England governor Andrew Bailey took part in a VTALK with students this past Monday for Speakers for Schools. When the subject of digital currency came up, Bailey said:

We are looking at the question of, should we create a Bank of England digital currency. We’ll go on looking at it, as it does have huge implications on the nature of payments and society. I think in a few years, we will be heading toward some digital currency.

The digital currency issue will be a huge issue. I hope it is because that means Covid will be behind us.

While only a short quote, there are several strands to pick up on here.

Firstly, Bailey stating that the BOE is looking into creating a CBDC is not a new revelation. I posted a series of articles in May which looked extensively at a discussion paper published by the bank days before the Covid-19 lockdown was enforced. The paper, ‘Central Bank Digital Currency – Opportunities, challenges and design, ‘went as far as detailing the possible technological composition of a future CBDC. It was in 2014 when the BOE first began discussing digital currencies in their September quarterly bulletin. Six years on, those discussions have advanced notably.

Secondly, if Bailey’s assertion is correct that ‘in a few years time, we will be heading toward some sort of digital currency, ‘this would align with the BOE’s Real Time Gross Settlement renewal program. In August 2019, I posted an article that outlined what the renewal will consist of (Working in Tandem: The Reform of Payment Systems and the Advance of Digital Technology). From 2023 onwards, the bank wants renewed services of RTGS to begin coming online, and by 2025 for it to be fully rolled out and operational.

Consider that this is taking place amidst the Bank for International Settlements ‘Innovation BIS 2025‘ initiative, which I have regularly written about. This is the ‘hub‘ which brings all leading central banks together in the name of technological innovation.

The RTGS ‘renewal‘ will allow the bank’s payment system to ‘interface with new payment technologies,’ which given the information that the BOE has so far disseminated would likely include distributed ledger technology and blockchain.

For the bank to introduce a CBDC accessible to the public, they will require the reformation of their systems, which is precisely what is happening.

Thirdly, Bailey admits that introducing a CBDC would have ‘huge implications on the nature of payments and society. ‘ On the payments front, the BOE is pushing the narrative that any CBDC offering would be a ‘complement‘ to cash. It would not, according to them, mean that money would be withdrawn from circulation. But as I have noted previously, the General Manager of the BIS, Agustin Carstens, made clear in 2019 that in a CBDC world ‘he or she would no longer have the option of paying cash. All purchases would be electronic.

The trend of digital payments outstripping cash has been present for several years now. My position is that instead of merely outlawing cash, the state will allow the use of banknotes to fall to the point that the servicing costs of maintaining the cash infrastructure outweigh the amount of money still in circulation and being used for payment. They will take a gradual approach, as opposed to prising cash away from the public. In the end, it has the same effect but appears less premeditated. From the perspective of the state, it is much more desirable if people are seen to have decided to stop using cash, rather than the state imposing it upon the population.

The societal aspect is as severe because those who depend on using cash are finding that access to it is growing more restrictive. I have also posted this about (Access to Cash: The Connection between Bank Branch Closures and the Post Office). In particular, rural communities are being compromised, with some entirely dependent on their local post office to withdraw funds. Matters are made worse when the Post Office network itself is coming under increasing strain.

It was also revealed this week that during the Covid-19 lockdown, over 7,000 ATMs across the UK were closed due to social distancing measures. This represents over 10% of the UK’s ATM network. Some of these ATMs remain out of use, particularly at supermarkets and outside individual bank branches. Equally, some of these branches remain closed four months after the lockdown was introduced, and those that are open are only allowing in a couple of people at a time.

You will recall the hysteria around the supposed dangers of using cash as Covid-19 was labeled a pandemic. On no scientific basis whatsoever, people have been led to believe that handling money can transmit the virus. This is primarily why cash withdrawals at ATM’s crashed leading into the lockdown by around 50%. This time last year, transaction volume was at 50.9 million. Today it is 30.8 million, a 40% drop. From personal experience as a cash office clerk, cash use is now beginning to pick up but remains well below pre-lockdown levels.

Finally, Bailey commented that he hoped ‘the digital currency issue will be a very big issue‘because if it were, it would mean that ‘Covid will be behind us.‘ A valid question to ask is why, when Covid-19 is ‘behind us, ‘should that make a CBDC stronger? The answer lies partly in the growing narrative of life after the pandemic, which plays directly into the World Economic Forum devised ‘Great Reset‘ agenda. Part of the ‘Great Reset‘ includes Blockchain, Financial and Monetary Systems, and Digital Economy and New Value Creation.

At first glance, you can see how Covid-19 benefits the drive towards central bank digital currencies.

We are told at every turn that life cannot possibly go back to how it was pre coronavirus, including our relationship with money. Predictably, it did not take global institutions like the BIS long to begin reaffirming the cashless agenda. In April they published a bulletin called, ‘Covid-19, cash, and the future of payments‘ where they stated:

In the context of the current crisis, CBDC would, in particular, have to be designed, allowing for access options for the unbanked and (contact-free) technical interfaces suitable for the whole population. The pandemic may hence put calls for CBDCs into sharper focus, highlighting the value of having access to various means of payments, and the need for any means of cash to be resilient against a broad range of threats.

Global planners are seizing on the opportunity that Covid-19 has created. But no one should be deceived into thinking that their prescription for a digital monetary system, with CBDC’s at the center, is only coming to light because of the pandemic. This has been in the works for years.

The banking elites hope that once global payment systems have been reformed, CBDC’s will not be far behind. Judging by their timelines, by 2025, a worldwide network of CBDC’s is a real possibility. The more people that turn away from using cash today, the easier the transition away from tangible assets will prove for those who are angling for it to happen.

The World Is In Big Trouble, for Those That Believe We Will Go Back to Some Sense of Normal Life Here on Earth, You Will Be Sadly Disappointed, Seven and Half Years of Hell on Earth Which Began January 1, 2020

“Our courts oppose the righteous, and justice is nowhere to be found. Truth stumbles in the streets, and honesty has been outlawed” (Isa. 59:14, NLT)…We Turned Our Backs On GOD, Now We Have Been Left To Our Own Devices, Enjoy…

While Mainstream Media Continues to Push a False Narrative, Big Tech Has Keep the Truth From Coming out by Shadow Banning Conservatives, Christians, and Like-Minded People, Those Death Attributed to the Coronavirus Is a Result of Those Mentioned, They Truly Are Evil…

Source: HNewsWire ZeroHedge HNewsWire

StevieRay Hansen
Editor, HNewsWire.com
Watchmen does not confuse truth with consensus The Watchmen does not confuse God’s word with the word of those in power…

In police-state fashion, Big Tech took the list of accused (including this site), declared all those named guilty and promptly shadow-banned, de-platformed or de-monetized us all without coming clean about how they engineered the crushing of dissent, Now more than ever big Tech has exposed there hand engaging in devious underhanded tactics to make the sinister look saintly, one of Satan’s greatest weapons happens to be deceit…

The accumulating death toll from Covid-19 can be seen minute-by-minute on cable news channels. But there’s another death toll few seem to care much about: the number of poverty-related deaths being set in motion by deliberately plunging millions of Americans into poverty and despair.

American health care, as we call it today, and for all its high-tech miracles, has evolved into one of the most atrocious rackets the world has ever seen. By racket, I mean an enterprise organized explicitly to make money dishonestly.

All the official reassurances won’t be worth a bucket of warm spit. The Globals are behind the CoronaVirus, It Is a Man-Made Bioweapon.

One “who with perversity in his heart continually devises evil.” That is, he revels in the natural inclinations of he’s own depravity (Jer. 17:9; Mark 7:21-22), and in his activities “spreads strife” among men.

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  1. Patrick Galasso on August 25, 2020 at 2:00 pm

    An Axios/Harris Poll online survey found that 37% of Americans would prefer to live in a socialist country. In a Fox News survey of registered voters, 25% had a favorable view of socialism. A new Zogby Analytics online poll found a similar result: 29% of likely voters had a positive view.

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