West Point graduate and former Army officer Joachim Hagopian joins the program to pull back the curtain on some of the most tightly guarded truths of our time. As the author of “Don’t Let the Bastards Getcha Down,” Hagopian exposes a deeply flawed U.S. military leadership system—one where real talent and integrity are pushed out in favor of mediocrity, blind obedience, and politically convenient generals. It’s a system designed, not to win wars, but to serve elite interests through endless conflict.
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We also discuss global blackmail networks and the disturbing reality of pedophile operations used to compromise and control powerful individuals. We explore how these systems are used to manipulate governments, media, and military hierarchies from behind the scenes.
You can follow his work at https://thegovernmentrag.com

Source:  https://rumble.com/v6wmvte-blackmail-power-and-corruption-the-currency-of-the-empire-w-joachim-hagopia.html?e9s=src_v1_clr%2Csrc_v1_ucp_a

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Source:  https://rumble.com/v6flzdg-top-economist-tariffs-digital-currency-disaster-martin-armstrong.html?e9s=src_v1_upp

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The post Top Economist: Tariffs + Digital Currency = Disaster – Martin Armstrong appeared first on HopeGirl Blog.

Source:  https://rumble.com/v6d17iv-ai-and-the-race-to-digital-currency-dr.-kirk-elliott.html?e9s=src_v1_upp

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RABAT, June 19 (Reuters) – The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing Director Kristalina Georgieva said on Monday.

“CBDCs should not be fragmented national propositions… To have more efficient and fairer transactions we need systems that connect countries: we need interoperability,” Georgieva told a conference attended by African central banks in Rabat, Morocco.

“For this reason at the IMF, we are working on the concept of a global CBDC platform,” she said.

The IMF wants central banks to agree on a common regulatory framework for digital currencies that will allow global interoperability. Failure to agree on a common platform would create a vacuum that would likely be filled by cryptocurrencies, she said.

A CBDC is a digital currency controlled by the central bank, while cryptocurrencies are nearly always decentralised.

Already 114 central banks are at some stage of CBDC exploration, “with about 10 already crossing the finish line”, she said.

“If countries develop CDBCs only for domestic deployment we are underutilizing their capacity,” she added.

CBDCs could also help promote financial inclusion and make remittances cheaper, she said, noting that the average cost of money transfers stands at 6.3% amounting to $44 billion annually.

Georgieva stressed that CBDCs should be backed by assets and added that cryptocurrencies are an investment opportunity when backed by assets, but when they are not they are a “speculative investment.

Source Link: https://www.reuters.com/markets/imf-working-global-central-bank-digital-currency-platform-2023-06-19/

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According to reports quoting Russian official Alexander Babakov, the BRICS alliance is working to create its own currency.

Moscow has found itself reeling under an avalanche of sanctions and restrictions as the Ukraine Russia war rages. Against this backdrop, President Vladimir Putin adopted a new foreign policy this week, identifying China and India as its main allies on the world stage. Now, the ties between the three nations (and a few others) appear poised to go a step further with the formation of a new currency.

According to reports quoting Russian lawmaker Alexander Babakov, the BRICS nations are in the process of creating a new medium for payments – established on a strategy that “does not defend the dollar or euro”. He reportedly indicated that the new currency would be secured by gold and other commodities such as rare-earth elements.

While the claim is yet to be verified by other officials from the member nations, it came mere days before South Africa sent senior officials to Russia to discuss “recalibration of the global order” with President Vladimir Putin’s party. The country is also slated to host a BRICS summit in August this year.

The Russian Natural Resources Ministry said in a statement that Russia proposes to create a BRICS geological platform for data sharing.

Source Link: https://greatgameindia.com/brics-alliance-working-to-create-its-own-currency-says-russian-official/

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There are fears in India about the impact of a move to cut corruption by replacing the country’s major banknotes could spread wider and last longer than first thought, with warnings economic growth and food production will suffer.

In rural India, the promised “short term” pain of currency change is creeping into winter.

The northern state of Bihar is one of India’s poorest.

In the village of Bakhtiyarpur, farmer Rajgir Rai and his son want to buy seed for a winter wheat crop, but cannot.

“When I give a 500 rupee note to somebody, he tells me to first ‘go get it converted’,” he explained, waving the worthless bill in frustration.

Several weeks ago India’s Prime Minister Narendra Modi cancelled 500 and 1,000 rupee banknotes overnight.

‘There is no flow of cash in the market’

But an ongoing inadequate supply of replacement currency means like many rural Indians, Mr Rai still cannot get new notes.

Mr Rai said farmers like him depended on cash from selling one crop to plant the next.

“We cannot use the money that we have earned anymore,” he said.

“We can’t use that to make payments. What can we do?”

As his staff weigh orders, all for fewer or cheaper seeds, store owner Shailender Kumar told Saturday AM his business was down 60 per cent.

“Our season starts at the beginning of November,” he said.

“But our sales never picked up — there is no flow of cash in the market.”

Rendering trillions of rupees worthless has caused enormous upheaval across India, yet it remains popular, as Indians support curbing rampant tax evasion and corruption.

But there is also growing anger over impacts the Government appears not to have anticipated.

In Parliament on Thursday, former Indian prime minister Manmohan Singh launched a scathing attack on the Government’s handling of its policy, saying it had been “monumentally mismanaged”.

Delays in replacing the cancelled notes “reflect very poorly” on Prime Minister Modi’s team, finance ministry and India’s Reserve Bank, he said.

Photo: The move to abolish the notes has caused chaos for businesses. (Reuters: Jayanta Dey)

Crops to suffer

As he tilled his soil, frustrated farmer Sunil Kumar said despite good monsoon rain, he expected his forthcoming crop to disappoint.

“I had no cash to buy new seed, so I resorted to using the seed I had at home,” he said.

He could not afford decent fertiliser either, and knows yield and quality will suffer as a result.

“When I go to sell this crop, I won’t get the usual market price,” he lamented.

In belated recognition of the potential economic and food supply consequences, the Government has offered farmers seeds on credit.

But none of the farmers the ABC spoke to were aware of that offer.

The potential ripple effect has analysts estimating the currency change could wipe as much as four percentage points from India’s 7.6 per cent annual growth.

But not all are entirely pessimistic.

“This quarter could be 30 to 40 per cent down,” Indian agricultural economist Ashok Gulati said.

“But within six months, I think we will bounce back.”

What few are willing to predict however, is if the pain will be worth it.

Source:
http://www.abc.net.au/news/2016-11-26/indian-currency-ban-triggers-fears-for-economy-food-production/8058922

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