Showing posts with label digital money. Show all posts
Showing posts with label digital money. Show all posts

Tuesday, March 3, 2026

Control Grid and Nudge

What is control grid? Catherine Austin Fitts talked about the concept of control grid snapping into place quickly and becoming fast reality.

Control grid is “a process or infrastructure that allows digital technology to be used to assert phenomenal control and surveillance of people.” At the heart of this control grid is ‘programmable money.’

Programmable money is not exactly a currency but digital money that comes with a set of rules that can be enforced by banks. Bankers, who traditionally run monetary policy, could run fiscal policy as well via programmable money.

During Covid, if you left your house when told not to, if you tried to spend your money via digital currency, the banking system would invalidate its use because you left your house. The money becomes programmed with AI to enforce a certain set of rules that would go against your wishes.

Such programmable money allows bankers to control not only monetary policy, i.e. interest rates and the money stock, but also fiscal policy, currently performed by Congress and the President, who levy taxes, authorize spending, and allocate funds, by replacing Congress and the President with a set of rules for the digital money that is only controlled and enforceable by the banks.

A large infrastructure of surveillance is required to achieve control grid such as digital I.D., hardware locally and globally, i.e. cameras in neighborhoods that track cars coming and going in the 15-minute cities, cell towers everywhere, satellites to beam in Wi-Fi, tracking everyone everywhere, control weaponry and autonomous weaponry, and data centers to store all the information.

There are three elements to the control grid:

1.      Local hardware and infrastructure which includes the data centers (AI control centers that manage all data); the social credit system becomes most important to enforce rules and the data must be stored in data centers; examples include spatial control, movement control of people via kill switch in cars, money won’t work more than a mile from your home.

2.      Digital I.D.

3.      Programmable money.

Central banks are setting up the world so that they can control our finances in real time with the equivalent of a social credit system, Catherine Austin Fitts added.

Biometrics or facial recognition is part of the digital I.D. system and plays a key role in tracking our movements and facilitating surveillance.

People are promoting the use of cash instead of credit cards and trying to keep analog alive. However, if you go to a large store and purchase something with cash, even though your smart phone may be left in the car, as soon as you resume your use of the phone, ads will pop up, trying to sell you the very product you purchased with cash. How is that possible? Biometrics in the store have recognized your face.

Our local grocery store has cameras everywhere not just to prevent theft but to recognize who you are and how often you shop in their store and what products you purchase regularly.

Banks control how much of your own money you can withdraw as cash under the excuse that you might be the victim of fraud by a third party and they are trying to protect you. This is called ‘nudging.’

In the financial system, banks use ‘nudging’ under the guise of “subtle interventions to help consumers make better informed decisions about their money without restricting their freedom of choice.”

On the other hand, cybercrime is real. Banks and customers tend to lose a lot of money to cybercrime. But do we need banks to control our cash finances?

The reality is that ‘nudging’ is used in the banks’ interest, and it is restricting one’s freedom of choice when the ability to withdraw certain amounts of cash money is declined by banks.

The Federal Reserve, our central bank, has managed our monetary policy since 1913. Politicians determine fiscal policy. With programmable money, the bankers can assert control of fiscal policy, a form of financial coup d’etat. With the control grid enabled by programmable money, the legislators eventually become more or less ‘show and tell’ without any fiscal policy power. They just become figureheads.

If central banks are not on board with programmable money, those countries, like Iran and the Brics nations create great “leakages” in the model of the banking system’s programmable money with digital I.D. The only option to bring the ‘leakage’ countries into the fold of programmable money with digital I.D. is regime change.

 

 

 

 

Tuesday, March 29, 2016

Cash or Digital Money, Personal Freedom or Globalism

Bjorn Ulvaeus Photo: Wikipedia
Sweden seemed to be at the forefront of the newest globalist scheme digital money v. cash, advocating a cashless global economy with a one-world currency. A CBS World News article reported in 2012 that a small number of businesses in Sweden accepted only credit cards, including some churches, even though elderly people prefer cash, especially in rural areas. http://www.cbsnews.com/news/sweden-moving-towards-cashless-economy/

Bjorn Ulvaeus, a former rocker, stated that cash encourages theft, citing his own son who was the victim of armed robbery three times. Cheating and cash theft may have declined in Sweden but cybercrime around the world is indisputably on the rise. Even though Sweden was the first European country to introduce bank notes in 1661, Ulvaeus would like Sweden to phase out cash altogether.

Doug Casey gave an interview recently to Louis James of International Speculator on the “War on Cash.” Doug Casey described how governments  would control  the people’s finances through assaults on cash by making every financial transaction electronic. He presented the following historical timeline of efforts to control people’s money:

-          Bank Secrecy Act of 1970 requiring U.S. citizens to “report the existence of any foreign bank or brokerage accounts,” a law which Americans ignored

-          Money Laundering Control Act of 1986, forcing Americans to explain the source of their money as if it was a crime to move money around without government permission; in Casey’s opinion, “money laundering is an artificial, arbitrary, made-up crime”

-          Patriot Act of 2001

-          Foreign Account Tax Compliance Act of 2010 (FATCA), forcing foreign banks to “report Americans who had bank or brokerage accounts;” Casey explained that U.N.’s Organization for Economic Cooperation and Development (OECD) countries jumped at the opportunity to make FATCA a global issue https://www.lewrockwell.com/2016/03/doug-casey/one-edge-precipice/

Casey explained that many countries have already outlawed cash transactions over a certain amount (1,000 in France, $5,000 in Uruguay, etc.); countries like Norway, Sweden, India, Denmark, and Israel have promoted the ban on cash entirely. Large corporations such as airlines use the excuse of theft to do away with cash transactions.  

From the government’s perspective, banning cash under the guise of controlling “money laundering” of criminals and drug lords, and routing all of our income through the banking system helps them better control everything we do, freezing accounts at will, while taxation becomes much easier, including payment for Obamacare premiums and penalties for non-compliance. “It enables them to track everything you buy and sell, and effectively, everything you own,” added Casey.

Then there is the infamous “bail-in” in Cyprus when the government bureaucrats and Brussels’ EU technocrats helped themselves to people’s bank accounts in order to “save” the too-big-to-fail banks and the rapacious government.

And we should not forget the numerous quantitative easings (QEs), printing money with no backing of goods and services, the zero interest rate policy (ZIRP), and stock and real estate bubbles. And the negative interest rates are spreading around the world, the “war on savings,” as Casey explains it.

Because cash is freedom, the progressive MSM is attacking it with pathetic excuses that cash is “physically dirty, expensive, potentially criminal, and obsolete 19th century technology,” promoting the “war on cash.”

Some see the “war on cash” as another form of “population control” when people’s accounts will be raided if they are classified as potential domestic terrorists, or denied healthcare if they are marked with a “digital star.” Over 16,000 IRS employees and the Independent Payment Advisory Board (IPAB) of Obamacare will be impossible to stop; they are appointed, anonymous, and unaccountable to anyone.

The issues of a cashless society and of a one world-currency are many:

-          Total control by the state or its proxy

-          There are savings deriving from a cashless society in terms of special paper, printing, ink, labor, and metal alloys

-          If an attack occurs on the Smart Grid and there is no power, there are no financial transactions possible without some cash, a substitute, or barter

-          If there is a national disaster, earthquake, tsunami, hurricane, tornado, or power interruptions, transactions of goods and services will be made by cash, a substitute thereof, or barter

-          An EMP attack or intense solar flares would make cash or a one world currency worthless, we would have to resort to barter or theft

-         A cashless or one global currency could result in extraordinary powers given to banks, potentially, with no cap on interest rates

-         Cashless transactions would be traceable at all times

-         One world currency would eliminate exchange rates, currency trading in futures, eliminating a substantial sector of the job market and thus revenues

-         There will be no black market involving cash or illegal activity, everyone would be forced to pay taxes

-         Children under 18 would be excluded from holding credit cards and thus excluded from financial transactions if cash disappeared.

-         Migrant and illegal workers would be paid electronically in a cashless society, forcing accountability in taxation and employment

-         Prostitution would have to be legalized, taxed, and clients’ names become public record

-         Muslims would no longer be able to use hawala transactions which are based on cash

-         Conducting monetary policy, money stock, interest rates, and inflation would be altered in a cashless society

-         In the case of one-world currency, who would conduct monetary policy, decide interest rates, the digital money stock, and taxation? Would it be the United Nations?

-         Would society change dramatically because labor will be purchased with digital credit as opposed to cash? How would the one-world currency value be decided? Will it be tied to precious metals such as silver, gold, and platinum or will it be arbitrarily decided by the United Nations?

-         In a time of war, how would one country destabilize the economy of another by dropping off counter fit currency over another country’s territory if the entire world uses the same currency?

-         In the case of cyber-attacks and hacking, what would happen if all banks, companies, and institutions would be connected to a single grid of digital money

-         What would happen to third world nations that are not so electronically wired and depend heavily on cash or barter? Could they be required to make transactions in digital money?

-         Finally yet importantly, who would police the counter fitting of a one-world currency across the globe? http://canadafreepress.com/article/what-would-the-world-be-like-without-cash-or-with-one-currency
 

The idea of a digital money society or a one-world currency may capture sound bites on TV and the imagination of liberals, libertarians, and conservatives alike, especially when running for political office, but it opens a new Pandora’s box of ills that most countries are not yet equipped to resolve.