What made Barack Obama’s effort to implement ‘universal healthcare’ via his “Obamacare” fiasco so evil was that he knew that all Americans, at some point in their lives, require medical care.
By implementing a full-on, government-controlled healthcare system, Obama knew how that would have given central planners nearly complete control over American citizens.
Now, the next phase of that authoritarian plan is coming into view: Controlled citizens’ finances.
According to Reclaim The Net, the Bank of England has announced that it has partnered with the Digital Currency Initiative at the Massachusetts Institute of Technology with the objective being to conduct joint research into developing a central bank digital currency.
✔️ Boost your immune system with Nutraceutical by Dr. Zev Zelenko
✔️ Beat supply chain issues and future pharmaceutical tyranny with 5 Antibiotics Delivered to Your Home
✔️ Be ready to help yourself and your family with the World’s Best Med Kit
“An important point to note regarding this research partnership is the fact that the Bank of England has made it clear that it currently has no intention of launching its own CBDC at the current time. The work being conducted between the bank and MIT is purely for research purposes,” the report notes.
However, the bank has conducted research into the topic before, having previously released a paper on the topic of creating a national digital currency. The DCI then noted ways that the plan could eventually come to fruition.
In addition, the Bank of England has also worked with HM Treasury in the past, forming a panel to study how a central bank digital currency could be created and how it would likely function. The committee studied a number of issues related to the subject, while also examining ways that the currency could be utilized throughout the United Kingdom.
“A key conclusion that was reached by the committee was the insight that a national digital currency could have some distinct advantages. At the same time, it is a matter that needs to be thoroughly researched to determine when there is a need for it,” Reclaim The Net noted, adding:
In recent years, there has been massive interest in the topic of CBDCs. The Bank of England is far from the first central bank to look into this topic. Central banks in countries such as South Africa, Australia, the Bahamas, and Singapore have all engaged in CBDC projects and made significant progress. A few of these banks have already launched a national digital currency.
The report went on to note that the DCI at MIT has also partnered with other major banks and financial institutions to examine the implementation of a national digital currency. They include the Bank of Canada, which also partnered with MIT for a CBDC study, as well as the Federal Reserve Bank of Boston, which has been involved in an analysis dubbed the “Hamilton Project,” which was launched in 2020.
These efforts at creating a national digital currency should be viewed as nothing short of governments seeking to gain even more leverage and control over their citizens.
Consider that with currency — dollars, silver and gold coins, etc. — the government has no way of knowing how much you have at any given time. While existing in our modern society requires financial tools like having a bank account, a checking account, and/or a debit card, citizens can still stash hard and fiat currency for later use in their homes and Uncle Sam has almost no way of knowing how much is being stashed.
But if all hard currency and fiat money are replaced by a 100-percent digital alternative, the government will literally know how much money citizens have at any given time. Worse, if a citizen gets out of line — like, say, protesting at the Capitol Building on Jan. 6 — that same government can deem you an enemy of the state and ‘freeze’ your assets like the Biden regime has done to Russia following its invasion of Ukraine.
Digital currency is not about developing a ‘modern financial instrument,’ it is about control and we should resist it.
Yes, We Need Your Help
I hate being “that guy” who asks people to donate because I think our conservative news network is so crucial, but here I am…
When I left my cushy corporate job in 2017, I did so knowing that my family would have to make sacrifices. But I couldn’t continue to watch the nation slip into oblivion and was inspired by President Trump’s willingness to fight the good fight even at his own personal expense. What I didn’t realize then is that conservative media would be so heavily attacked, canceled, and defunded that the sacrifices would be extreme.
Many in this nation are struggling right now even though we weren’t struggling just a few years ago. I’m not alone. But I wake up every morning and operate the sites we’ve been able to build because there’s really no other choice. I refuse to be beholden to Big Tech like so many other conservative news outlets, which is why you won’t see Google ads here. With that said, it’s often challenging to pay the bills and it’s even harder to expand so we can get the America First message out to a wider audience.
The economic downturn has forced me to make a plea for help. Between cancel culture, lockdowns, and diminishing ad revenue, we need financial assistance in order to continue to spread the truth. We ask all who have the means, please donate through our Giving Fuel. Your generosity is what keeps these sites running and allows us to expand our reach so the truth can get to the masses. We’ve had great success in growing but we know we can do more with your assistance.
We currently operate:
- NOQ Report
- Conservative Playlist
- Uncanceled News
- Based Underground
- Five other conservative news sites
I would even be willing to entertain investments and partnerships at this stage. I’ve turned them down in the past because editorial purity is extremely important. I’ll turn them down again if anyone wants us to start supporting RINOs or avoid “taboo” topics like voter fraud, vaccines, or transgender supremacy. But I’d talk to fellow America First patriots who want to help any (or all) of our 10 news sites. Hit me up at jdrucker (at) substack (dot) com if you’re interested.
For those who have the means and just want to help keep the mission of spreading a conservative, Christian message to the nation, please consider a generous donation.
All ORIGINAL content on this site is © 2021 NOQ Report. All REPUBLISHED content has received direct or implied permission for reproduction.
With that said, our content may be reproduced and distributed as long as it has a link to the original source and the author is credited prominently. We don’t mind you using our content as long as you help out by giving us credit with a prominent link. If you feel like giving us a tip for the content, we will not object!
JD Rucker – EIC