central banks – DS https://www.anglinarchive.com Daily Stormer Historical Archive Wed, 23 Jun 2021 00:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.17 https://www.anglinarchive.com/wp-content/uploads/2026/09/cropped-favicon-32x32.png central banks – DS https://www.anglinarchive.com 32 32 CBDCs Rising: Israel Has Already Tested “Digital Shekel” https://www.anglinarchive.com/2021/06/23/cbdcs-rising-israel-has-already-tested-digital-shekel/ Wed, 23 Jun 2021 00:00:00 +0000

The Jews are already preparing for a digital currency.

This is a core element of the incoming new world order.

Jerusalem Post:

Israel has already conducted a pilot test of a digital shekel cryptocurrency, Bank of Israel Deputy Governor Andrew Abir said, perhaps inadvertently, at a recent conference of the Fair Value Forum of IDC Herzliya.

Toward the end of a panel discussion, Abir said the Bank of Israel had already run a digital currency pilot. Another member of the panel seemed surprised and asked: “You have already issued a coin?” Abir responded in the affirmative.

However, Abir said he was not optimistic that such a central-bank digital currency (CBDC) would ever be launched.

“I had previously estimated that the chance of having a CBDC within five years is 20%,” Abir said. “My estimate has increased a bit in the last year, mainly because other countries are advancing with it too. But still there is less than a 50% chance.”

In May, the Bank of Israel said it was preparing an action plan for how it could offer a digital currency. The concept of issuing such a currency has been in discussion since 2017, but it decided to accelerate its research and preparation for the potential issuance “in view of the rapid developments in the digital economy and in payments, and in view of the major central banks’ work on the issue.”

A CBDC would rely on distributed ledger technologies such as blockchain, but it would be different from the cryptocurrencies that are popular today, including bitcoin. The most important difference is that while cryptocurrencies do not belong to any specific country, and some are characterized by having no central authority to manage them, a CBDC issued by a country’s central bank would be regulated by the relevant state authorities.

“The option for a CBDC is still being examined, and when we made our statement last month, it was not to say what we are doing, but rather to share what we do not know and receive feedback from the public,” Abir said.

The real major difference between a CBDC and Bitcoin is that a CBDC is just the exact same thing as the current fiat money. A central bank controls it, and is allowed to set the terms on it. They are allowed to issue more of it. They are allowed to decide what it is good for.

They can shut down your ability to use the CBDC. They can simply block your wallet address, or they can make it so you can only spend it in certain places. They can also put a time limit on the currency, so it disappears if you don’t spend it within a certain amount of time.

So in reality, a CBDC is the opposite of Bitcoin. Far from having all the new freedoms that Bitcoin provides, it actually means that you will have way, way less freedom than you currently do with paper dollars.

It is absolutely insane that they are even so bold as to connect the concept of a CBDC to Bitcoin. The only similarity is “digital currency” – but for the most part, huge numbers of people are already on “digital currency.” Some large portion of the population receives their salary as a digital transfer to their bank, and then spends their salary with a credit or debit card. So for those people, nothing at all will change – except they will potentially have many more restrictions on how they are allowed to use their digital credits.

Every country is talking about doing this.

The Bank of England just announced that they are looking forward to a “new global financial system.”

France and Switzerland are in on it.

The US is talking about it, though because the United States is a third world shithole, they’re lagging behind.

Far from testing it, the US is just now doing hearings on the concept.

However – obviously – the US doesn’t need to develop their own technology for their own coin – they could just buy that technology off of our great ally Israel.

So, the slowness of the US implementation is unimportant.

What is important is that this is coming, and it will change things.

It is part of the Great Reset that everyone is going to get a UBI allowance from the government. This will be coins that are totally controlled by the government, which you can only spend how they want you to spend them, and which you will not be allowed to store up or use to build a business.

Small businesses will be a thing of the past – it will be a world of multinational corporations, where everything is run by a one party government that works in concert with these monopoly corporations.

Meanwhile, the people doing real business will almost certainly be operating in Bitcoin. There has to be some other system than this allowance system for the rich to transact in, and Bitcoin is just too obvious.

There are rumors that the Israeli digital shekel will be based on Ethereum.

I doubt this is the case. It’s possible they used Ethereum for a test, but the official design is going to look more like XRP.

These CBDCs are bad, bad news.

In all likelihood, the Jewnited Snakes is planning to allow hyperinflation to happen, and then they will come in with the CBDC as the solution.

Related: Janet Yellen Explicitly Denied Incoming Hyperinflation (She Actually Said the Word Aloud)

Prepare yourself accordingly.

]]> Federal Reserve Cuts Interest Rates to Near Zero But Stock Market Crashes Anyway https://www.anglinarchive.com/2020/03/16/federal-reserve-cuts-interest-rates-to-near-zero-but-stock-market-crashes-anyway/ Mon, 16 Mar 2020 00:00:00 +0000 Lee Rogers
Daily Stormer
March 16, 2020

A massive interest rate cut and $700 billion worth of debt purchases by the Federal Reserve was not enough to stabilize the stock market.

During my guest appearance on Azzmador’s Dlive stream this past Saturday, we discussed the possibility that the hysteria surrounding the coronavirus could be more problematic than the infection itself. We specifically talked about some of the potential economic implications of this situation, none of which were good.

The banking system, the stock market and the economy in general has been under tremendous pressure because of this crisis. The Federal Reserve responded to the turmoil on Sunday by cutting interest rates to near zero and announced that they would begin buying large quantities of Treasury bonds and mortgage-backed securities.

AP:

The Federal Reserve took massive emergency action Sunday to try to help the economy withstand the coronavirus by slashing its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage bonds.

The Fed’s surprise announcement signaled its rising concern that the viral outbreak will depress economic growth in coming months, likely causing a recession, and that it’s poised to do whatever it can to counter the risks. It cut its key rate by a full percentage point to a range between zero and 0.25%.

The central bank said it will keep its rate there until it is “confident that the economy has weathered recent events.”

The Fed will buy at least $500 billion of Treasury securities and at least $200 billion of mortgage-backed securities. This amounts to an effort to ease market disruptions that have made it harder for banks and large investors to sell Treasuries as well as to keep longer-term borrowing rates down.

Basically what the Fed has done is create billions of dollars out of nothing on computers to buy debt. When you combine these debt purchases with the massive interest rate cut, the Fed has deployed some of the biggest tools in their arsenal to try and prop up the financial system.

Unfortunately for the Fed, this move has done nothing to reassure investors. Stock futures crashed and the only reason they didn’t go lower was because of a built-in mechanism designed to prevent the market from going down any further.

This is not a good sign at all. It shows that the Fed may have lost control over the situation.

Under normal circumstances, a Fed move this big would result in a massive spike in the stock market. The fact that it crashed shows that there are some real problems within the system.

It’s just too bad that Ron Paul didn’t win the presidency in 2008. He tried to warn everybody, but most Americans thought that he was a kook for even talking about the many obvious systemic problems within the Federal Reserve and central banks in general.

And as we know, these central banks are nothing more than Jewish systems designed to enslave nations and their peoples into debt servitude. There is nothing of tangible substance backing the currencies that they create on computers, and what we are seeing unfold is proving that in spades.

This coronavirus situation could be a black swan event that kicks off a major crisis within the global economic system. And while nothing is set in stone, things are looking quite bleak at the moment.

]]> Former Jewish Leaders of the Federal Reserve Lecture Trump About the Alleged “Importance” of Central Bank Independence https://www.anglinarchive.com/2019/08/11/former-jewish-leaders-of-the-federal-reserve-lecture-trump-about-the-alleged-importance-of-central-bank-independence/ Sun, 11 Aug 2019 00:00:00 +0000 Lee Rogers
Daily Stormer
August 11, 2019

The Federal Reserve is a diabolical Jewish system of fraud and usury. It’s no wonder why these Jews don’t want anybody questioning its “independence.”

Last week, The Wall Street Journal published an opinion piece authored by four former leaders of the Federal Reserve. The article entitled “America Needs an Independent Fed,” was basically an attack on Donald Trump who has been publicly critical of the Fed’s interest rate policies.

It’s worth noting that each of these former Fed leaders are Jewish according to their Wikipedia profiles.

The Jew Paul Volcker

The Jew Alan Greenspan

The Jew Ben Bernanke

The Jew Janet Yellen

The entire concept of a Central Bank is just a modern day form of Jewish usury. It is an organization that creates money out of nothing on computers and charges the government interest for the “privilege” of borrowing that money. In order to pay interest on the debt, the government burdens the people with all sorts of unnecessary taxation. The entire system is nothing but a fraud and a form of Jewish financial enslavement.

Truth be told, there is no reason for a Central Bank to exist. The government could simply issue debt free money for the direct benefit of the people. But such an arrangement would not benefit Jewish money lenders, which is why we see Jews constantly rambling on about the alleged importance of Central Bank independence.

Even though Trump is not going full Ron Paul and calling for the Fed to be abolished, he is using his megaphone to question the institution’s credibility. Jews don’t want anybody from the political world questioning anything about this horrible and unnecessary institution, even if that criticism only has something to do with their decisions on interest rates. That’s because the Jewish control over money is arguably the most powerful weapon that they employ against the goyim. Without this weapon, the entire Jewish power structure would crumble in on itself.

But the very fact that we have four Jews kvetching about the importance of the Fed’s independence, is reason enough to abolish the system completely.

]]> The Federal Reserve’s Interest Rate Hike Wrecks the Stock Market https://www.anglinarchive.com/2018/12/22/the-federal-reserves-interest-rate-hike-wrecks-the-stock-market/ Sat, 22 Dec 2018 00:00:00 +0000 Lee Rogers
Daily Stormer
December 22, 2018

Earlier in the week, the Federal Reserve announced that they would be hiking interest rates and that they would be doing more interest rate hikes in the future. This announcement has caused a fairly significant crash in the stock market.

CNBC:

Stocks plunged again on Friday, bringing the Dow Jones Industrial Average’s losses for the week to 7 percent, putting it on track for its worst week since the financial crisis in 2008. The Nasdaq Composite Index fell into a bear market.

The Federal Reserve’s rate hike on Wednesday drove the losses this week and fears of an extended government shutdown only added to the pain on Friday.

The Dow Jones Industrial Average fell 400 points in turbulent trading that sent the blue-chip index up as much as 300 points earlier in the day, only to trade in negative territory less than one hour later. The initial tick upward came as Federal Reserve Bank of New York President John Williams said that the central bank could reassess its interest rate policy and balance sheet reduction in the new year if the economy slows. But those gains slowly disappeared as investors used that short-term pop as a chance to sell more. The broader S&P 500 fell 2.1 percent on Friday, while the tech-heavy Nasdaq Composite shed more than 3 percent.

This was not difficult to predict. When the Fed raises interest rates they are effectively tightening the supply of money and discouraging borrowing. Generally speaking, if someone has to pay a higher interest rate, there is less of a chance that someone will go ahead and borrow money. This means less economic activity and growth.

There’s been a series of .25 percent interest rate hikes during Donald Trump’s presidency. This might not seem like a big deal, but this comes after nearly eight years of zero percent interest rates. The Fed created an enormous bubble with an easy monetary policy and they seem to be hiking interest rates too aggressively considering the situation.

The Fed and all these other central banks have far too much power. The fact that a central authority which has no accountability to the people is able to engineer economic booms and busts at a whim is completely insane. And even if you assume that the people at these institutions are trying to do the right thing, there is nobody in the world who is smart enough to fix the value of money. It’s no different than having an institution trying to centrally fix the price of oil or other commodities.

You’ll notice that the Jew-run media constantly talks about how important it is for the Fed to have “independence.” In other words, the Jews don’t want the Fed to be accountable to anyone. That’s why they fought like crazy when there were proposals in Congress to audit the Fed.

And speaking of a Fed audit, Dr. Ron Paul did an interview with the Jew Larry King where he discussed the current situation. He bashed the Fed and warned of further economic problems.

Without going into details, Dr. Paul basically thinks we are all doomed and everything is fucked. And there’s probably a 50/50 chance that he is right. Of course, nobody knows for sure. At this point, it is best just to stay out of debt and let the chips fall where they may.

None of us have any control over what’s going to happen but whatever happens is going to happen.

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