What is the Future of (Bankster) Finance? – Questions For Corbett #049
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This week on Questions For Corbett, James answers a question from Jim, who asks if the Bank of England’s vision for “The Future of Finance” supports the idea of a banker dictatorship, and whether this vision paves the way for the next bankster-directed war.
Watch this video on BitChute / Minds.com / YouTube or Download the mp4
SHOW NOTES
Enable, empower, ensure: a new finance for the new economy – speech by Mark Carney
The Future of Finance – our response
And Now For The 100 Trillion Dollar Bankster Climate Swindle…
Mark Carney Jackson Hole speech
Episode 328 – The Bitcoin Psyop
Interview 1433 – Patrick Wood on the Hard Road to World Order
Episode 322 – What Is Sustainable Development?
Climate emergency: Lagarde says ECB must step up action
Bank of England Governor Mark Carney to become United Nations climate envoy
Why Technocrats LOVE The “Green New Dealâ€
Filed in: Questions For Corbett
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I appreciate Jim bringing up this question. Definitely, we can see glimpses of the future technocratic architecture in James’ presentation on the subject.
60 trillion with a T.
An extraordinary amount!
These bankers…they keep trying to create boo-koos of “sustainable” bogus.
I can’t get over how they strain to bring the “climate crisis” into the monetary system.
Currently, we are seeing the dramatic “melt-up” in the stock market with records broken daily… …All thanks to the Fed’s weekly injections of funny money with its “not QE which really is QE” (Corbett 10/20 newsletter “Everything (g)Old is New Again: What QE4 Means For You” https://www.corbettreport.com/everything-gold-is-new-again-what-qe4-means-for-you/ )
What is even more astounding is the fact that unlike the 2007-2008 downturn in corporate stocks with its QE, this year’s stock market was already at an apex of highs while the Fed fed in more of its funny money with its “not QE”.
Fundamentals and logic and sanity are things of the past.
I ran up against Agenda 21 about 2004 or so when I was living in Kitsap Country WA aka Commy County. At the time the County was getting most of it’s revenue from the U.S. military. Things were fine out there until the events of 9/11/01 happened. Before that date I can recall boating around the old ships in Bremerton WA including the Air Craft Carriers with no one to brother us. After that date I was on my way to Port Orchard, the town across the bay, and I was accosted by a military boat with a 50 caliber machine gun pointed at me. Indeed, those false flag events sure changed things.
Perhaps it was because I had been writing Letters to the Editors of many Newspapers about the Events of 9/11/01 which were getting printed. Initially I was focusing the 9/11 Events being used as a catalyst to invade Oil exporting Countries in the Mideast and how Iraq had nothing to do with the events of 9/11/01. After watching “Loose Change” I began to question who was really responsible for the acts, and that led to 4 “anonymous complaints” being placed against my property.
The first led to the County Health Dept arriving at my door without notice claiming that there was a complaint that I had a failed septic system. I said that I cut my own grass and that I know what a failed septic system looks like. The women asked if she could look around and I said sure, thinking that this would get them off my back (big mistake). Anyway, I proved that there was no failed septic system and I wanted to know who made the bogus complaint. She told me it was anonymous. After 3 more anonymous complaints, and shaking down my neighbors, I discovered that the complaints were initiated by the government (which is illegal, or at least it was before “The Patriot Act”)
Anyway, after putting up with having my phone taped and at least two “Sneak Peaks” (also illegal), I joined a Property Rights Group that met once a month. Each new member would speak to the group and present their nightmare story concerning Property Rights. It was through this group that I came to know of Agenda 21 and found out how the County Commissioners were subservient to the Agenda by why of Contracts whereby the County got Grants with strings attached.
Often times a water puddle would be determined to be reason to call a property “Wet Lands” and thus determined unbuildable. This was done to property that was buildable when it was purchased, however with the implication of Agenda 21 every underhanded means possible was used to keep the property from being developed. Unless you happened to be related to the bureaucrats you were shit out of luck.
I could write a book on the injustices I had to endure in Kitsap (Commy) County WA,yet everything was fine until after the Events of 9/11/01.
Interesting anecdote. Thanks Dan.
As I stated in my last comment on cryptocurrencies…I wasn’t going to be surprised that central “banksters” would indeed offer up their own crony capitalist version of a cryptocurrency – and Libra certainly fits that bill.
Eye-opening segment though about how they refer to these coins as “stablecoins” – we already begin to see the propaganda word-smithing coming from “experts” as if to say ‘this is a currency we can trust…backed up by assets…blah blah blah’.
Thank you James for this latest highlight in the Bitcoin Psyop!
🙂
I just want to look at the numbers cause, The numbers don’t add up . $90 trillion by 2030 spread over the G20. Uk to pony-up £88million pounds a year, times 10 years = £880million pounds. So UK is chipping in 1/20 of $ 90trillion which seems to be fair, and Im sure their fair share really equals $18trillion . Yeah I like their curancy exchange. £880million pounds = $ 18trillion US. Fair trading partner when you consider how hard it is to invest in the future. Maybe the City of London gets a premium for being first with this investment product. “How dare you! Not!”.
Back in June I’d linked this explanation on a stable coin (Pax);
fortune.com/2019/03/11/gold-cryptocurrency-stocks-blockchain/
Ex-Goldman Sachs financial analyst Chad Cascarilla on his stable coin…:
corbettreport.com/italy-vs-the-banksters/
In September this is how his project had evolved:
“Binance joins forces with Paxos to launch its stablecoin, the BUSD
The Binance trading platform has announced the launch of its own stable corner BUSD. To do this, it has partnered with the stablecoin issuer Paxos.
The new token in question will naturally be backed by the US dollar and will be called the Binance USD (BUSD). This stable corner attached to the dollar at a rate of 1:1 will be issued on the Ethereum blockchain, but could be “migrated to the Binance Chain in the future”, according to the Binance spokesman.
The BUSD will first be available for purchase (and redemption) on the Paxos platform for dollars. In addition, when it is launched on Binance, it will be possible to exchange it for three cryptocurrencies: Bitcoin (BTC), Binance Coin (BNB) and Ripple (XRP).
This is not the first incursion of the exchange into stablecoin territory, since last June an experimental British pound sterling backed token (BGPD) project had already made headlines.
Partnership with Paxos and approval by NYDFS
To carry out this new project, the exchange platform has therefore teamed up with Paxos Trust Company. She is already familiar with the emission of stablecoins, already emitting her own stablecoin, the PAX. As part of this partnership, Paxos will be responsible for the issuance, custody and regular audit of the dollar trust reserve.
Changpeng Zhao aka CZ – CEO of Binance – was very enthusiastic about this partnership:
“Paxos is at the forefront of the digital trust market and we are delighted to work with them to develop our stable native corner”, CZ.
The icing on the cake for both partners: the whole operation has been approved by the New York Department of Financial Services (NYDFS): BUSD will therefore be usable in the USA, including the State of New York, known for its regime that is at least strict towards cryptoactives.”
https://journalducoin.com/exchanges/binance-sallie-a-paxos-pour-lancer-son-stablecoin-le-busd/
Sorry, here’s an English language article about that from Coindesk:
https://www.coindesk.com/binance-launches-dollar-backed-stablecoin-with-nydfs-blessing
“Binance USD is only the latest stablecoin whose reserves are being held by Paxos. The company, which was the first crypto firm to receive a trust charter from NYDFS in 2015 (as the itBit Trust Company), now custodies the dollar reserves for its own Paxos Standard stablecoin and Huobi’s HUSD token.
…According to the company, Paxos will act as both the custodian and the issuer for BUSD, and will regularly audit the dollar holdings…”
About the Sino-Canadian CEO of Binance: (a real rags-to-riches wetdream:)
Changpeng Zhao (Chinese: 赵长é¹) is a Chinese-Canadian business executive, who is the founder and CEO of Binance, the world’s largest cryptocurrency exchange by trading volume, as of April 2018.[1][2] Zhao was previously a member of the team that developed Blockchain.info and also served as chief technology officer of OKCoin.[3]
Early life
Zhao was born in Jiangsu province, China. In the late 1980s, he moved with his family to Vancouver, British Columbia, Canada. His father was a professor in China before he was branded “pro-bourgeois intellect” and exiled from his country. In his teenage years, Zhao helped support his family by working a number of service industry jobs which included being a McDonald’s employee…”
wikipedia.org/wiki/Changpeng_Zhao
and about Chad Cascarilla, CEO of Paxos:
“Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company delivering blockchain solutions for global financial institutions. With over 15 years of experience in financial services, Charles has a unique perspective on integrating blockchain technology with traditional systems. He co-founded institutional asset management complex Cedar Hill Capital Partners in 2005 and its venture capital subsidiary, Liberty City Ventures, in 2012. He also sits on the Governing Board of the Hyperledger Project.
Earlier in his career, Charles was a portfolio manager at Claiborne Capital and worked at both Bank of America Securities and Goldman Sachs. He serves on the board of several charities and private companies including Project ALS and The Centurion Foundation.
Charles holds a B.B.A. in Finance from the University of Notre Dame and is a CFA charterholder.”
crunchbase.com/person/charles-cascarilla
Charles Cascarilla sits on the governing board of the Hyperledger Project. What’s that?? I’m not exactly sure but the “Members” page is a lot of fun to contemplate:
https://www.hyperledger.org/members
…frenemies with benefits…
The banksters “Hyperledger Project” is a Linux Foundation Project…y’know…open and neutral…
https://www.linuxfoundation.org/projects/
CARBON COIN seems particularly pertinent to where Mr Corbett was going with this report:
“Carbon is another price-stable cryptocurrency which is a non-collateralized stablecoin too.
But it is not based upon the standard blockchain that we have seen so far. Instead, it is hosted on Hashgraph. (Read more about Hashgraph here)
Carbon achieves its price stability by an algorithmic biding which helps in consensus and figuring out the right price of each Carbon.
It also contracts and expands its supply based on the data points received through the algorithmic biding with the help of smart contracts.
Through this, their mission is to create a more inclusive and efficient global economy by using Carbon as a trading pair, global payment network etc.”
https://coinsutra.com/best-stablecoins/
I was wondering why I hadn’t heard any more about Leeman Baird’s hashgraph…
HashGraph
Mike Maloney spoke about this around two years or so ago.
Corbett has mention of it in January 2018 “Episode 328 – The Bitcoin Psyop”.
I made several comments about it.
Here is one…
https://www.corbettreport.com/interview-1351-derrick-broze-on-crypto-anarchy-and-holistic-self-assessment/#comment-48478
Wow! My carbon credit carrot rewards! I only have to pay a 40$ penitence to buy back my carbon climate conscience thanks to OnePlanet by CarbonFutures!
http://1planetcalc.azurewebsites.net/CalcFinalRes.aspx
but for the moment I can’t pay with crypto… only PayPal…
I want to know where I pick up my check? Every time I ride my bike instead of taking a carbon spewing automobile , I should be collecting the coins being laid down by all those tailpipes. I want my return on my investment and i want it Now. Where is the carbon bank? I want to make a withdrawal!…
One of your most succinct encapsulations of a highly complex issue that I’ve seen. Well done..thanks James!
Also, you’ve finally convinced me to pick up one of Patrick Wood’s books. Looking forward to it!