• Latest
  • Trending
  • All
  • News
  • Business
  • Lifestyle
During a World Economic Forum conference in China at the end of June, Eswar Prasad discussed governments' centralized digital currency.

World Economic Forum Speaker Reveals the True Power Behind Governments’ Digital Currencies

July 9, 2023
STEVE MILLOY: ‘All Of The Above’ Is DEI For Energy

STEVE MILLOY: ‘All Of The Above’ Is DEI For Energy

May 11, 2025
HILLARY BRIGHT AND HEATHER REAMS: Trump Should Embrace Offshore Wind

HILLARY BRIGHT AND HEATHER REAMS: Trump Should Embrace Offshore Wind

May 11, 2025
‘Vitally Important’: Orgs Suing For Biden-DOJ Interview Recording Explain What’s At Stake

‘Vitally Important’: Orgs Suing For Biden-DOJ Interview Recording Explain What’s At Stake

May 11, 2025
Sen. Ruben Gallego Boasts About Using Filibuster To Block Trump Agenda After Campaigning To Abolish It

Sen. Ruben Gallego Boasts About Using Filibuster To Block Trump Agenda After Campaigning To Abolish It

May 10, 2025
REPS LISA MCCLAIN, JULIE FEDORCHAK And PATRICE ONWUKA: Women Know The Value Of Tax Cuts To Our Economy

REPS LISA MCCLAIN, JULIE FEDORCHAK And PATRICE ONWUKA: Women Know The Value Of Tax Cuts To Our Economy

May 10, 2025
Dem Senate Candidates Running In ‘Toss-Up’ States Co-Sponsor Bill To Eliminate Women’s Sports

Dem Senate Candidates Running In ‘Toss-Up’ States Co-Sponsor Bill To Eliminate Women’s Sports

May 10, 2025
‘Paying Far More Attention’: Rubio Turns His Gaze To America’s Backyard After Years Of Neglect From Washington

‘Paying Far More Attention’: Rubio Turns His Gaze To America’s Backyard After Years Of Neglect From Washington

May 10, 2025
‘Team That Refuses To Win’: Marjorie Taylor Greene Blasts GOP Elites While Passing On Georgia Senate Run

‘Team That Refuses To Win’: Marjorie Taylor Greene Blasts GOP Elites While Passing On Georgia Senate Run

May 10, 2025
Cops Without Citizenship: New Mexico Law Opens Police Force To Non-Citizens

Cops Without Citizenship: New Mexico Law Opens Police Force To Non-Citizens

May 10, 2025
DAVID BLACKMON: Chris Wright Has To Clean Up Joe Biden’s Mess

DAVID BLACKMON: Chris Wright Has To Clean Up Joe Biden’s Mess

May 10, 2025
JACK POSOBIEC: The Left’s Cognitive Dissonance Has Turned To Violence

JACK POSOBIEC: The Left’s Cognitive Dissonance Has Turned To Violence

May 10, 2025
Pollster Explains Why Democrats Choose To Double Down On What Already Blew Up In Their Faces

Pollster Explains Why Democrats Choose To Double Down On What Already Blew Up In Their Faces

May 9, 2025
  • Donald Trump
  • State of the Union
  • Elon Musk
  • Tariffs
  • Congress
  • Faith
  • Immigration
Sunday, May 11, 2025
  • Login
IJR
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls
No Result
View All Result
IJR
No Result
View All Result
Home Commentary

World Economic Forum Speaker Reveals the True Power Behind Governments’ Digital Currencies

by Western Journal
July 9, 2023 at 2:01 pm
in Commentary
242 10
0
During a World Economic Forum conference in China at the end of June, Eswar Prasad discussed governments' centralized digital currency.

During a World Economic Forum conference in China at the end of June, Eswar Prasad discussed governments' centralized digital currency. (@Spiro_Ghost / Twitter screen shot)

491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The global elites who run the World Economic Forum are slowly but surely revealing how they will be able to manipulate digital currencies, and it is rather concerning — to say the least.

Over the last three years, the WEF has been promoting its “Great Reset”, a plan for a complete and radical restructuring of the global economy in response to the pandemic and climate change. The idea of this “Great Reset” was summed up by the infamous phrase, “You will own nothing and be happy.”

Now, speakers at WEF conferences are sharing the details of how exactly this “Great Reset” will be carried out.

During a speech at the WEF’s 14th Annual Meeting of the New Champions in Tianjin, China, at the end of June, Eswar Prasad of Cornell University spoke about how governments can program and manipulate Central Bank Digital Currencies.

In short, Prasad said that CBDCs could be programmed by governments to prevent purchases that are deemed “less desirable” by those in power.

“You could have, as I argue in my book, a potentially better — and some might say darker world,” Prasad said, “where the government decides that units of central bank money can be used to purchase some things, but not other things that it deems less desirable, like say ammunition, or drugs, or pornography.”

World Economic Forum In China Last Week…

CBDC’s Could Be Programmed By Governments To Prevent Purchases It Deems Undesirable…

“Like Ammunition, Drugs & Pornography” pic.twitter.com/zyHOiLdgwX

— Spiro (@Spiro_Ghost) July 5, 2023

Obviously drugs and pornography are objectively bad things, and governments around the world should already be taking measures to prevent the buying and selling of these dangerous items.

But Prasad also said that the currency could be switched off to prevent people from buying ammunition. In the United States, that would be in direct violation of the Second Amendment.

More broadly, however, the ability to prevent citizens from buying ammunition makes it easier for the World Economic Forum and leftist governments to implement the “Great Reset” around the world.

Stripped of the means to defend themselves due to the manipulation of CBDCs, citizens will be powerless to resist the might of the WEF as it begins to forbid people from buying things like meat or gasoline.

The goal of prohibiting sales of ammunition is to make citizens powerless in the face of the globalists.

But more than that, this serves as yet another dire warning about how the WEF and their leftist allies could use digital currency to target those who do not comply with the progressive agenda.

If governments have the power to disable digital currency for certain purchases, what is to stop them from completely disabling the digital currency for people they deem to be their political opponents?

This ensures that people will think twice before challenging the globalist agenda.

Once again, this serves as a reminder that the “Great Reset” sounds benevolent at first, but if you look a little deeper, it looks very sinister indeed.

This article appeared originally on The Western Journal.

Tags: Big Governmenteconomicsgunsmoneyvideoworld news
Will America ever use a centralized digital currency?

Completing this poll entitles you to our news updates free of charge. You may opt out at anytime. You also agree to our Privacy Policy and Terms of Use.
Yes: 38% (19 Votes)
No: 62% (31 Votes)
Share196Tweet123
Western Journal

Western Journal

Advertisements

Top Stories June 10th
Top Stories June 7th
Top Stories June 6th
Top Stories June 3rd
Top Stories May 30th
Top Stories May 29th
Top Stories May 24th
Top Stories May 23rd
Top Stories May 21st
Top Stories May 17th

Join Over 6M Subscribers

We’re organizing an online community to elevate trusted voices on all sides so that you can be fully informed.





IJR

    Copyright © 2024 IJR

Trusted Voices On All Sides

  • About Us
  • GDPR Privacy Policy
  • Terms of Service
  • Editorial Standards & Corrections Policy
  • Subscribe to IJR

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls

    Copyright © 2024 IJR

Top Stories June 10th Top Stories June 7th Top Stories June 6th Top Stories June 3rd Top Stories May 30th Top Stories May 29th Top Stories May 24th Top Stories May 23rd Top Stories May 21st Top Stories May 17th