World Economic Forum (“WEF”) collaborators discussed using central bank digital currencies (“CDBCs”) to control what people purchase. Not to be outdone in dictating to the world, “climate change” cultists discussed whether to threaten or incentivise people to “comply” with climate goals. Unsurprisingly, the use of threats was preferred to ensure obedience.
The above is extracted from an article published by Frontline News. You can read the full article HERE.
Attendees at the World Economic Forum’s Summer Davos summit last month held several discussions in which they promised to amplify authoritarian measures.
The three-day conference, also called the Annual Meeting of the New Champions, took place between 27 and 29 June in Tianjin, China. Over 1,500 government, corporate and academic leaders attended, including a large delegation from Saudi Arabia.
[Related: Klaus Schwab says he is eager to learn from China their vision for the world]
Chinese Premier Li Qiang kicked off the summit with an address in which he called for more globalisation and said there will be more public health crises.
“Covid-19 will not be the last public health crisis humanity faces. Global public health governance needs to be enhanced,” said Qiang.
Other notable moments included a panel discussion titled “China’s Economy: The Big Rebound?” during which Cornell Professor Eswar Prasad advocated for governments using central bank digital currencies to control citizens’ purchases.
Digital currencies offer governments the “benefit,” says Prasad, of controlling what taxpayers purchase.
“If you think about the benefits of digital money, there are huge potential gains. It’s not just about digital forms of physical currency. You can have programmability [like] units of central bank currency with expiry dates,” he said.
“You could have . . . a potentially better – or some people might see it, a darker – world, where the government decides that units of central bank money can be used to purchase some things but not other things that it deems less desirable, like say, ammunition or drugs or pornography or something of the sort. And that is very powerful in terms of the use of a CBDC.”
