Summary
Transcript
We got a guest who’s going to be coming on. I want to talk real quickly about what is happening with central bank digital currency. The swift clearing operation is talking about how they’re going to do this sometime within the next twelve months. There’s been a lot of discussion as to whether they’re going to try to impose a CBDC on us before or after the election. And again, when we look at the Republicans and we look at their stated positions, we’ve had Trump come out and say, well, I’m, I’m, I oppose CBDC, but not nearly as strongly as Tom Emmer, the House whip, the number three.
He has, you know, come out and spoken in depth about all of this stuff. And yet when they pushed through this $1. 2 trillion bill at the very last minute, they pulled out prohibitions on CBDC. They pulled out the prohibition to say, you’re not going to remove cash, right? So they had those two things in it. You’re not going to have CBDC and you’re not going to remove cash from people.
They pull those two things out at the last minute. Tom Emmer still voted for it. These people are setting us up. And I don’t have time to go into this fully, but this is the conservative treehouse went back and talked about how this has been in operation going back to March of 2022. Remember when I talked about that, how Biden put out that executive order, told every category, sent it out to every one of the Alphabet agencies that are part of the executive branch, what the MAGA, people like to call the swamp, the deep state, all the rest of the stuff.
They all had one of four areas. You’re either going to help us to completely redesign the financial system, you’re going to write the code to do it, you’re going to be law enforcement to force it on people or you’re going to come up with some rationale as to why we have to do this instead of cryptocurrency in order to save the planet. This environmentalism angle to market it.
He did that in March, got it back in September. They immediately roll to the next step. You got Powell talking to the Senate saying, oh no, we’re not doing any CBD stuff necessarily. We’re just talking about it but not doing it. And at the same time they put, they send to the house, the Federal Reserve does a document showing their seven key duties. And one of those key duties was CBDC along with Fed.
Now the wholesale version of it. And so it’s coming. And the question is, and conservative treehouse says, well, he or she, whoever’s writing this, had got concerned about this when they saw the russian sanctions. And now, you know, one of these things like myocarditis and pericarditis, now swift, the swift clearing procedure has now become a household word, he says. So what is this about? He said it was unknown at the time outside of banking circles, but when they make this the center point, he said, I got suspicious that they were going to roll out CBDC through that.
Never before when they put on sanctions on another country, whether it was Iran, North Korea, Venezuela, Cuba. As he points out, never before did they weaponize the dollar against them. So they weaponized the dollar because they want de dollarization. And now this organization that they weaponized it through is now making statements about how they are going to help to usher in CBDC. The David Knight show is a critical thinking super spreader.
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