Digital Currency Comes For Your Freedom – Fight!editor
From Bank of England – The digital pound: A new form of money for households and businesses?
A Bank of England and HM Treasury publication
The way we use money is changing. This Consultation Paper sets out our assessment of the case for a retail central bank digital currency (CBDC) – a so-called ‘digital pound’. It has been overseen by the joint Bank-HM Treasury CBDC Taskforce that was announced in April 2021.
At this stage, we judge it likely that the digital pound will be needed in the future. It is too early to decide whether to introduce the digital pound, but we are convinced preparatory work is justified.
The digital pound would be a new form of sterling, similar to a digital banknote, issued by the Bank of England. It would be used by households and businesses for their everyday payments needs. It would be used in-store, online and to make payments to family and friends. If introduced, it would exist alongside, and be easily exchangeable with, cash and bank deposits.
The digital pound would maintain public access to retail central bank money and, as our lifestyles and the economy become ever more digital, it would also promote innovation, choice and efficiency in domestic payments.
During this consultation, HM Treasury and the Bank of England will engage extensively with stakeholders across the UK to seek views on the proposed model of the digital pound set out. Responses to this consultation are invited from all interested members of the public, experts, and organisations. Continues…
Note: Details of how to respond to this consultation (deadline 7 June 2023) – including by email – are listed at the above link: “The response to this consultation will inform our joint future work.”
I will be responding to this consultation well before the deadline and I would encourage everyone here to do the same. Click here to read more about this most dangerous development. Do your own research, too, and share your findings with us, whether informed articles, videos or anything else that you think may help to educate us about this move by the Bank of England to monitor and even direct how we spend our money. Surely, as Catholics, we have a duty to protest against this latest State attempt to invade our privacy and remove our God-given freedoms?
Thanks very much to Editor for highlighting this up and coming erosion of our freedom. As I put in another thread, further info/video here: https://expose-news.com/2022/11/29/105-countries-are-exploring-cbdcs/?cmid=41b44902-6d6c-49b5-8841-36e6c77258e1 Please, just send Ed’s thread link to EVERYONE you know and get them to fill in the consultation form. https://www.bankofengland.co.uk/paper/2023/the-digital-pound-consultation-paper These forms are long and tedious, but that’s the idea, to put off any opposition.
Thank you for those links which complement the Neil Oliver interview top of the page. This is a very worrying development and the example of Canada is chilling.
I hate to say this, but these consultation papers are a publicity stunt designed to give the public the impression that what they have to say matters. It doesn’t matter, the decision has already been taken by the dark forces in charge of the nations of the earth.
By all means fill the form out for the sake of doing one’s Chirstian and civil duty, but don’t believe for a second that it will change minds. It will not change minds because those minds are not in tune with the spirit of Our Lord.
My personal assessment of the situation in this world right now is that it’s beyond human fixing. Powerful evil forces are in charge of human affairs and they control all the mechanisms of media, finance and government. I am now utterly convinced that a divine intervention is imminent, a global event that no one will be able to dismiss. I think a good many people can sense that something of this nature is about to happen. The world has never been so corrupt and depraved as it is today, not even in the most brutal and hedonistic times of the pagan empires, who at least did not know Christ.
It will be sudden and swift, as Catholic prophecy seems to indicate, just when the servants of Lucifer think they have everything under control.
I’m inclined to agree, but sometimes the seemingly impossible happens. Even though it has since been ruined by Remainer politicians and civil servants, who would have thought that Brexiteers would win the vote? Also, the Tories know that Labour has got them on the run. If this CBDC policy comes across as being very unpopular with the public, it may be delayed or shelved, if only just to court popularity. At the end of the day, the most important thing to these people is their own positions. But I also agree with you that human activity alone will not bring about a solution. But that view can be dangerous to some, as they could fall into a kind of quietism (i.e. do nothing, leave everything to God) which was condemned as heresy by Pope Innocent XI in the papal bull Coelestis Pastor of 1687. It’s a balancing act, I suppose – what’s that phrase of St Augustine – “Pray as though everything depended on God. Work as though everything depended on you.”
Athanasius I agree with everything you have said about this World. I don’t know what Age you are but am in my 70s and even taking in the Cuban Missile Crisis and The Vietnam War I have never seen so much Spiritual Desolation. If you would have said back when their were Asylums some of the Garbage that comes out of the Intellectuals now they would have been Full to overflowing. Of course your comment about us Objecting to a Digital Pound is correct. Their is no Democracy now . That is plainly seen in the USA that the Demonic Rats are putting forward a Man again for President who probably couldn’t even do the 10 times table. Why are they putting Mouldy Ole Joe forward because unless their is a Nuclear War he’s in as their Puppet again. It was interesting that Zelensky a NWO Puppet visited Francis a NWO Puppet and gave him a gift of Our Lady with the Christ Child blacked out in the picture. Francis excepted it, which says it all really about those 2 .
Then you have of course Russia and Ukraine and Putin is being backed into a corner by NATO thinking that He won’t use Nuclear Weapons. I sincerely hope not but certainly would not bet against it.
These times remember me of the reading before the Flood .
People were Drinking and Dancing and going about in all ways not Heeding the Warnings given to them.
God Help Our Children.
I agree. And Fatima is more relevant with every day that passes.
I suppose we do still have to do our civic duty, futile as it is, and leave the rest to God. All I’m saying is that the decision is already made by the dark powers in charge of global affairs. There is actually no such thing as democracy, as the COVID lockdowns amply demonstrated. We have been led to believe for decades that we enjoy a certain freedom in this country with the power to vote legitimately for change, but it’s simply not true. Rishi Sunak and Jeremy Hunt, for example, were put in place to stop Brexit and further the globalist New World Order. Hunt, if I recall, came in on a train from Brussels to take over as Chancellor. He was sent with specific orders and those orders are not alterable by popular demand.
You will note that in most so-called democratic nations there are two dominating political parties – one on the left and one seemingly on the right – and people get a choice to vote for one or the other. The political systems of these countries are generally constructed to exclude the possibility of populist parties getting a foothold in the doors of governent. It did happen with Trump, as it did with Brexit, but the enemy of humanity had auxilliary plans in place to ensure that parity was soon restored. We see how they rigged the US elections to get rid of Trump and we see how Brexit has been watered down to nothing. The baton will soon be handed over to Starmer, for such is the decision already made, and he will restore the UK to EU slavery. It has all been decided beforehand.
If the Tory leadership was remotely concerned about popularity with the people then it wouldn’t currently be presiding over the highest taxes in generations, huge energy costs, Net Zero, unrestricted illegal immigration, etc., etc. They make lots of noise about getting on top of these serious issues, but it’s all bluster. They are fully on board with creating the mess in order to turn voters towards Labour and a return to the EU. In actual fact, the people of this nation are being manipulated into voting for the party the hidden powers want in. Once done, it will be more of the same and worse. And so the vicious cycle continues throughout the years. We are not free and democracy is a ruse.
Think of it in terms of how the same hidden forces set up two seemingly antagonist ideologies, namely Capitalism and Socialism. These were portrayed for decades as mortal enemies, yet we find that the Capitalist banks financed the Communist Revolution in Russia, as well as in other nations. The same puppet masters control both, which is why Communist China has been able to adapt seemlessly to a market economy to become one of the most economically powerful nations on earth, second only to the US. It’s all smoke and mirrors!
So yes, we should do our civic duty but with the understanding that we have absolutely no real power to alter anything. That’s why I said that God will intervene because the old system of the odd corrupt politician has given place to something far more sinister, which is to say a completely corrupted global system with the odd honest politician. It’s what the devil does – turns everything upside down.
As an aside, you’ve probably notcied the card only checkouts that are springing up in most of the larger supermarkets. That’s not accidental, it’s all part of the gradual move towards a cashless society. As I said, the decisions are already made and the consultations are merely a pretense that public input is relevant. It’s not!
Yes, you’re absolutely right, Putin has been very cleverly backed into a corner. Our leaders have carefully orchestrated a showdown with Putin since 2014, when they first arranged to overthrow the democratically-elected President of Ukraine who just happened to be pro Russia and anti-NATO. George Soros has since bragged about his part in financing the changes in Ukraine, which is a corrupt nation anyway. There is no question in my mind that both Trump and Putin were targeted by the dark globalist forces for being too nationalist and patriotic. It was America first for Trump and it’s Russia first for putin. That was unacceptable to the globalists. Hence, the manufactured war.
In answer to your query about my age, my 61st birthday was yesterday. The good news is I can still remember my name and address. Not bad for 61, eh?
A belated Happy Birthday! And you don’t look a day over 61… Er… I think!
Did I write 61? I meant 21 – on a hard life, of course! By the way, what’s the asking price on Zimmer frames these days?
These are evil times, alright, but there is an edge to the current madness which I have never felt before and which is actually very frightening. It is as if the ground could suddenly open up beneath our feet and precipitate us into all manner of violence and suffering.
I was reflecting on the causes of all of this and I agree with Athanasius that the general situation of the West is, humanly speaking, not fixable. We have turned our backs on God and we are going to find that our unrelenting desire to be free of him will entail hell on earth. Digital currency will be part of that hell. But who in their right mind would want it after the abuse of power we saw with Covid. We would have to be stark raving bonkers.
I know that this may seem off topic, but take a look at these statistics concerning live births (https://www.statista.com/statistics/281981/live-births-in-the-united-kingdom-uk/#:~:text=There%20were%20694%2C685%20live%20births,681%2C560%20in%20the%20previous%20year), baptisms (https://www.statista.com/statistics/369110/church-of-england-timeline-baptisms/) and abortions (https://www.gov.uk/government/statistics/abortion-statistics-for-england-and-wales-2021/abortion-statistics-england-and-wales-2021#:~:text=Overall%20number%20and%20rate%20of,residents%20of%20England%20and%20Wales) in the UK. (In case I have failed to copy the links properly, the data are available on statista.com.)
For the year 2021, we have the following: live births: 694,685; baptisms (CofE): c. 55,200; abortions: 214,256, just less than six hundred per day, on average (the highest ever since the Abortion Act was introduced). So, it would seem that we baptize roughly speaking 13% of our children (the number is actually in free fall), while for every three live births we have roughly one abortion. Of course, Catholic and other baptisms would have to be added to the mix to get a complete picture, but I don’t think that would push baptisms north of 15%, and I would be very surprised if Catholic baptisms were not also in decline.
This is not all we are as a nation, of course, but we are also this. We, like most of the West, are collectively a nation of mass murderers and in open rebellion against Jesus Christ and his Father. This situation cannot end well, to put it mildly. I think that the next development will be the open worship of Satan—already taking place in the U.S.—as we become bolder in our return to our pagan roots.
The Immaculate Heart of Mary is our only refuge.
I agree with everything you have written, especially about births and baptisms being in free fall while the mass murder of the unborn soars to new highs. Where I would slightly disagree with you is on the point about society returning to pagan roots.
It is true, of course, that humanity is returning to the fratricidal hedonism of the ancient pagan cultures, but the situation is far worse even than that.
The pagans didn’t know Our Lord, so there was a certain excuse for their depravity. Our generations have known Our Lord and have rejected Him, which is why the depravity of our time is plumbimg depths that would have made even the pagans blush with shame.
For example, the sheer number of abortions in all the so-called “civilised” nations. “Gay marriage” and the gender changing ideology. The sexual perversion being taught and encouraged en masse to children, including drag queens girating semi-naked in front of near infants, etc.
No, I think this era has witnessed the moral descent of humanity to a level well below even pagan culture, a level that is more demonic than human. We can truly see the way being prepared for antichrist as never before. It will fail, of course, because Our Lady has promised us the victory “…in the end my Immcaulate Heart will triumph…”
Right now it looks like the defeat perceived by the Apostles when Our Lord died on the Cross, when their human hopes appeared to be crushed and all seemed lost. But then came the Resurrection and swift triumph! This is how it will be again with Our Lady’s victory – and soon!
You are so right about the depravity in our times – a moment (we hope that is all it is) in history which generates this sort of ridiculous headline…
I agree with you wholeheartedly. The descent back into paganism will break through the floor of paganism itself bacause it is a rejection of the fulness of divine revelation in Jesus Christ. I should have made that clearer.
P.S. Fill in the consultation BEFORE 7 June 2023!
That is very important.
MOST important 😀 😀 😀 Before 7th June. Or did I mention that already?
Surrounded by economics “experts”, I’m seriously looking at bitcoin – wishing I’d paid more attention to arithmetic/maths in school 😀
Great subject, arithmetic. I always thought that it was a great virtue in the Scottish education system that you could get an ‘O-Grade’ in arithmetic without having to take maths. Off topic and illustrative of my age!
Arithmetic is often misused to make 5 from 2+2. Politicians are the worst offenders!
This is very worrying about the Bank of England/Government digital currency plans. I think it’s crucial that we all study that consultation document and reply to it. The idea that we could find our purchasing power reduced if we have used too much meat or whatever, due to stupid Green policies, is really concerning.
I meant to say in my previous comment that I agree we must complete the consultation exercise. It is very important that we do that before 7th June.
This is truly terrifying – I have been assuming this digital currency was a conspiracy theory but it’s very dangerous indeed. I found this short video educational,
That short video is excellent so thank you for posting. I am more and more convinced of the need to complete the consultation form on the B of E website.
Interesting comments so far – I’ll catch up with the links and video(s) posted asap. It’s been one of those days (again!)
This video is another wake-up call. I just can’t imaging having to get permission to purchase stuff!
And banks are being brought down – (a deliberate action) to facilitate the introduction of CBDCs?)
Most of the banks in my area are closing their branches. I often wonder what people without internet access do. It’s part of the plan to make you entirely dependent on technology.