"Good One Coming On" (opens in separate window)

cbdc caution

friday, april 22nd, 2022

A central-bank-issued digital dollar could enable a dark future.

Few likely paid much attention when, on March 9, President Biden signed an executive order directing the government to begin developing a “central bank digital currency” (CBDC) to be issued by the Federal Reserve, alongside a framework to regulate private cryptocurrencies. But this was a moment to which close attention is very much due. CBDCs have the potential to become an unprecedented totalitarian nightmare.

What the Nazis did to the Jews, Democrats will do to us.

As the term implies, a CBDC is digital money that a central bank issues directly. You might assume that you are already using “digital currency” regularly if you rarely use physical cash anymore and instead buy almost everything with a credit card or a digital payment app. In truth, the process of moving money from A to B is vastly more complicated than that. It involves a tangle of payment processors, banks, financial clearinghouses, and, if your money is crossing borders, international communication and exchange systems, such as the Society for Worldwide Interbank Financial Telecommunication (SWIFT). The money itself doesn’t move anywhere fast, so each intermediary institution must assume risks to fulfill your transaction by accepting promises, sending transfers, verifying receipt of funds, and so on. Many fees get collected along the way for such services.

A CBDC system would be radically simplified. A customer would open an account directly with a country’s central bank, and the central bank would issue (create) digital money in the account. Crucially, this makes the money a direct liability of the Fed, rather than of a private bank. Using a simple smartphone app or other tools, the customer can then initiate direct transactions between Fed accounts. The digital money is deleted in one account and recreated in another instantaneously. Moving money across borders no longer requires something as complex as SWIFT or wire transfers, and currencies can be exchanged instantly as long as friendly central banks have agreements to do so. No promises or trust are necessary; every transaction is permanently recorded on a digital cryptographic ledger in real time—a bit like Bitcoin, but exquisitely centralized rather than distributed.

Such a system technically no longer needs such middlemen as banks or credit card companies. The Fed retains complete oversight and control over the creation, destruction, and “movement” of money, no matter where it is “held” or who “has” it. As Agustin Carstens, general manager of the Bank of International Settlements put it at a 2020 summit of the IMF: “We don’t know who’s using a $100 bill today and we don’t know who’s using a 1,000 peso bill today. The key difference with the CBDC is the central bank will have absolute control [over] the rules and regulations that will determine the use of that expression of central bank liability, and also we will have the technology to enforce that.”

Biden’s order described “research and development efforts into the potential design and deployment options of a United States CBDC” as a matter of “the highest urgency” for his administration. Why should such a seemingly obscure and technical monetary innovation be of such urgency to the U.S. government? Since cash has been working at least fairly well for a few thousand years, what reason has been given for why central banks should receive “absolute control” over money? A Fed report from January portrays CBDC as a way to “support faster and cheaper payments,” and “offer the general public broad access to digital money that is free from credit risk.” And it would promote “financial inclusion—particularly for economically vulnerable households and communities.” That, the report notes, “is a high priority for the Federal Reserve.” Biden’s order also calls for the need to “promote equitable access to safe and affordable financial services.”

But this can hardly explain the urgency. After all, it wasn’t long ago that Fed chairman Jerome Powell warned that, when it came to a CBDC, it was “more important to get it right than to be first,” given “potential risks” and “important trade-offs that have to be thought through carefully.” Why is the administration now pushing for accelerated development?

The answer lies largely in foreign policy. The order states explicitly that “the United States derives significant economic and national security benefits from the central role that the United States dollar and United States financial institutions and markets play in the global financial system.” Therefore, it “has an interest in ensuring that it remains at the forefront of responsible development and design of digital assets.” Or, as Brian Deese, the former Global Head of Sustainable Investing at BlackRock and now director of the National Economic Council, put it, the order’s intention is to “reinforce U.S. leadership in the global financial system and safeguard the long-term efficacy of critical national security tools like sanctions and anti-money laundering frameworks.”

China has pioneered the development of a CBDC and even begun putting it into limited circulation and testing its cross-border functionality. This has prompted the sense that U.S. “financial leadership” is under threat. Currently, the dollar is used to settle some 80 percent of global cross-border financial transactions, and the U.S. thus has the leverage to strong-arm banks, or the whole SWIFT network, into not doing business with anyone it doesn’t want them to do business with—i.e., imposing sanctions. But if a strong alternative existed, something that could reliably move across borders and be exchanged instantaneously with zero cost, such as a digital yuan, then some around the world might be tempted to start using that instead of the dollar. And if use of this alternative became widespread, then little would prevent America’s enemies from escaping the long arm of the liberal international order’s sanctions regime.

Today, that means Russia. Hence the true source of Washington’s urgency seems to be the fear that the massive sanctions imposed on Moscow by the West will prompt not only the Russians but others around the world rapidly to scale up digital alternatives to the dollar. In the long run, only the development of a similarly fast, convenient, convertible, widely used, and easily controlled digital architecture by the West seems certain to allow it to maintain its collective dominance over global financial flows. Seven of the largest Western-aligned central banks, led in practice by the U.S. Federal Reserve and the European Central Bank, have formed a tentative consortium aimed at creating a system of “interoperable” CBDCs. One can imagine the accusation that will predictably be deployed against those in the West who oppose a CBDC: sympathy for the enemy.

But before we do our patriotic duty, we should consider the other potential ways in which the Fed may be tempted to use a CBDC at home. CBDCs have another unique feature that opens up a huge range of alarming possibilities that even the central banks may not yet have fully considered: their inherent “programmability.”

When word first arrived that the People’s Bank of China has “tested expiration dates to encourage users to spend it quickly, for times when the economy needs a jump start,” Western monetary policymakers—who struggled for years to use negative interest rates to stop people from saving—probably spat coffee all over their monitors. But even this is limited creative thinking.

The Fed could directly subtract taxes and fees from any account, in real time, with every transaction or paycheck, if it wished. There could be no more tax evasion; the Fed would have a complete record of every transaction made by everyone. Money laundering, terrorist financing, any other unapproved transaction would become extremely difficult. Fines, such as for speeding or jaywalking, could be levied in real time, if CBDC accounts were connected to a network of “smart city” surveillance. Nor would there be any need to mail out stimulus checks, tax refunds, or other benefits, such as universal basic income payments. Such money could just be deposited directly into accounts. But a CBDC would allow government to operate at much higher resolution than that if it wished. Targeted microfinance grants, added straight to the accounts of those people and businesses considered especially deserving, would be a relatively simple proposition.

Other creative methods of financial redistribution could also be tempting. Why not assist minority-owned businesses with automatic subsidies, or even change the effective price of any purchase based on the identity of who’s buying it? Surely, as many have already argued, the central bank could be doing more to achieve equity. And as the Federal Reserve Bank of San Francisco has contended, being “‘race-neutral’ is not enough” on monetary and fiscal policy.

The progressive dream of prison abolition has proved challenging. But a CBDC could help: just geofence the location within which parolees’ money can be used and not disappear—house arrest will have never been better enabled. A similar protocol would also work if the government wanted to keep people confined to their homes for some other reason.

Should people be encouraged to eat the foods decided best for them, such as a plant, or insect-based diet? CBDCs could do the trick. Should people be limited in how much they can spend per week on carbon-intensive purchases? CBDCs could help with that, too. But the government need not focus only on individuals. Preferential treatment could go to companies meeting environmental, social, and governance (ESG) goals.

At the same time, consumers could be nudged away from undesirable organizations and businesses. Why not collect additional fees for transactions with “risky” businesses or charities that have low ESG scores? Or slow down their transaction speed to allow for greater “verification”? In fact, why not create comprehensive credit scores based on behavior and number of connections with risky individuals and organizations? It would be a logical next step.

And if it were ever really necessary -— if protestors were honking truck horns too many times in a row, say -— then the most dangerous individuals or organizations could simply have their digital assets temporarily deleted or their accounts’ ability to transact frozen with the push of a button, locking them out of the commercial system and greatly mitigating the threat they pose. No use of emergency powers or compulsion of intermediary financial institutions would be required: the United States has no constitutional right enshrining the freedom to transact.

All this would require that cash be phased out. But many central bank reports explicitly pose that as a possibility, or even an inevitability of market competition. Such a future would mean little limit on the possibilities of CBDCs.

If not deliberately and carefully constrained in advance by law, CBDCs have the potential to become even more than a technocratic central planner’s dream. They could represent the single greatest expansion of totalitarian power in history. Never has there been any regime with such omnipotent insight into and control over its people’s every transaction as what CBDCs may soon make possible. And yet this is the technology that seems likely to soon be smuggled into use in our societies in the name of convenience, social justice, and patriotism.

A Day In The Life.

Up at 8a on Friday, I went thru my finger stick to check my BSL (Blood Sugar Level) and recorded it on my Diabetes 2 chart, made coffee and breakfast, had a couple smokes in the cool but nice garage, and checked the day's to-do list. It was a sunny, 50° start to the day. I have lunch with an old friend, shooting partner and customer of the Ol' GC&N, and we try to do it on a monthly basis, to keep current. I emailed my electrician about the repaired front pole light going bad again, and we made plans for tomorrow at 10a, to try to get it "repaired", once again. I left for Shrewsbury, 16.7 miles south of me in East York, off I83, at the Emerald Garden Restaurant.

Great lunch and company. Ray has liver cancer and is getting monthly immunotherapy treatments at Cancer Centers of America, in Atlanta. He looks better from the last time when we had lunch in January, and other than getting older, he's in pretty good shape; glad to see it.

Happy Income Tax Day Deadline! Do you remember when the IRS Tax Form was this short and uncomplicated? I'm done with that crap weeks ago. Doesn't suck to be me, for once.

Every day is an IQ Test.

Mandy is absolutely triggered by Twitter's possible takeover by Elon Musk. She attends a Twitter-sponsored therapy session to help her cope. The Babylon Bee is doing video now. Is this a new trend? Quick, post it on Twitter. Oh, wait. I don't go to that Twitter crappola sewage. Watch this snowflake video.

Here's a most interesting theory on a venom-derived "Covid-19 Virus", refuting the BS bat virus theory from the Wuhan Virus lab, in China. So many coincidences and compelling evidence, it's scary. It's 47mins, but well worth a listen. (H/T to Sherry for the video.)

I caught a few hours sleep on the LR couch, had dinner and watched Discovery's "Gold Rush" until 11p, when FNC's "Gutfeld!" came on. Lights out at midnight.

It's always something. If it's not one thing, it's another.

I slept-in until 8:30a on Saturday, to a cloudy, sort-of-warm 59° morning. After the finger stick, I took some of the 20 pills, made coffee, and checked the weather and news on my computer. Les the electrician stopped over at 10:15a, and re-replaced the wiring on the front lamp post, but it shorted-out as soon as I turned it on. I reset the 15amp breaker, and it did fine after that. We've now narrowed it down to a possible bad wall switch, or a under-capable 15amp breaker when the circuit's full power is on; maybe needs to be replaced with a 20amp breaker in the electrical box, in the basement, due to slight overload from the garage freezer, hall lights, powder room and garage light. That's what we'll try next, if it trips again. Damn.

Can you believe this clip was on TV's "Barney Miller", back in 1981? "They" tried To warn us of the socialist/communist TriLateral Commission's goal of an NWO. Ever feel like you are living in the old Soviet Union?

I was scanning some news websites, around late afternoon, and found this warning:

Frost Advisory
From
3:30pm EDT, Sat, Apr 16 2022
until
9:00am EDT, Mon, Apr 18 2022
• WHAT: Sub-freezing temperatures as low as 30 possible.
• WHERE: Franklin, Dauphin, Lebanon, Cumberland, Adams, York and Lancaster Counties.
• WHEN: From late Saturday night through Monday morning.
• IMPACTS: Freezing temperatures could kill crops and other sensitive vegetation.
• ADDITIONAL DETAILS...Valley locations and sheltered areas will experience the coldest temperatures.
PRECAUTIONARY/PREPAREDNESS ACTIONS:
Take protective measures now as freezing temperatures could damage or kill tender plants and vegetation. Potted plants should be brought inside.

Heh, Winter isn't over just yet. T-storms and rain blew thru the York area around 5:45p, and temps dropped 15°-20° right away, so I closed-down the condo and fired-up the heat. After some leftover Chinese 'Dim Sum' -- Steamed Pork Dumplings, Shrimp Toast and Pork-Fried Rice -- I watched some TV until 11, and called it a day. I'm picking-up Sister Becky and going to Mt Rose Cemetery to visit Mom & Dad, for Easter, and Dad's 89th Birthday.

Up at 6a on Easter Sunday morning, to a sunny, much-cooler 42° than previous mornings, I did the obligatory finger stick and recorded the number, made coffee, took a 50mg Tramadol for R/S pain, and checked the day's weather and news. I skipped breakfast so I'd be hungry for lunch w/ Becky, at the famous Lyndon's Diner. They have an extensive and delicious menu. After my usual morning shower, I had more coffee, did some condo chores and then relaxed until it was time to leave to p/u Becky, at 11a.

April showers bring May flowers.

We had a great lunch and visit to the cemetery, and I dropped her off at her condo around 2p, and headed home. I spent the afternoon chasing electrical 'gremlins' for the front pole light & garage and found the problem: my GFI (Ground Fault Interrupter) circuit in the garage was fried, as was the surge protector, which I trashed. It looks like a massive short circuit did the damage, and that's what it was for -- preventing shock or a fire. I reconnected the top-loading freezer, Jeep Light, oscillating ceramic heater to a new surge protector in the ceiling outlet, where the garage door opener was plugged-in. My electrician will be here Wednesday to replace the scorched GFI outlet and do some other rewiring jobs for me. Temps started dropping quickly from 59° to 40° and a freeze was forecast, as was freezing rain for tomorrow afternoon. Winter's still here. I took the garbage and recyclables out to the curb.

I had dinner, watched this season's past-to-current episodes of History's "American Pickers" until 11:30p, and bagged it for the night.

Awake at 8:30a on Monday, it was a cloudy, cold 38° morning, and the garbage trucks were coming thru to p/u recyclables and the trash. I fired-up the condo furnace, garage heater, did the finger stick, made coffee, took a Tramadol for R/S pain, and had a couple smokes in the garage. The "Chris Plante Show" came on at 9a, and I tried to make-up a food shopping list, but except for fresh fruit, there wasn't much I needed; my 'fridge overfloweth. Better get what you can, while you can, and STOCK-UP, since there's a nefarious "plan" to deliberately cause a food shortage this year. I left at 12:30p for Weis Market.

Back at around 2p, I'd bought more stuff than I'd intended on my list, but it was all for my "prepper stores" in the basement, so well spent before TSHTF (The Shit Hits The Fan). We'd had light rain sprinkles since around noon, but the weather maps showed a massive coastal storm coming up from Florida's Gulf, and would impact us within hours. And it did; by 6:30p, we had a steady rain, getting very heavy by 8:30. It was almost torrential, at times. There was serious snow -- 4.2" - 7.5" -- just a few miles west of us. I had leftover Chinese Steamed Pork Dumplings and Shrimp Toast for dinner, did some paperwork and watched TV until 11:30. I have to get up at 6a tomorrow, for a 9a Dr's app't, with my PCP (Primary Care Provider) at the Wellspan Medical Complex, in south York.

Up at 6a on Tuesday -- at 0-Dark-Thirty -- it was still raining. I fired-up the furnace and garage heater, made coffee, did the finger stick, and checked the weather and news on my computer. I tuned-in the "Chris Stigall Show" for a while, took my 19 pill regimen, and skipped breakfast. I had pain on my R/S, so I took 2 50mg Tramadol. I left for the Dr's app't at 8:30.

On the way home, at 10:30, I stopped at Rite Aid to get a waiting Rx, and a large package (24 caplets) of Coricidin Maximum Strength HBP, to help with my drippy nose. I had to show ID, which they scanned, for the Coricidin. Apparently, some people are doing something illegal with it, so it's semi-restricted, and now in a locked container on the shelves. Go figure. I was home by 11, had some breakfast, and finished listening to the last segment of the "Chris Plante Show"; I'll catch the first and second hour segments later today on iHeart Podcasts. It was cold, windy day, as another front passed thru the area.

I got an email offer from CCleaner (Piriform Co) to upgrade my current CCleaner Pro program to CCleaner Professional Plus, a product which does an amazing job of speeding-up, optimizing and keeping trackers and junk off of my computer's HD, and which I've used for many years, but the download/install took forever. It was a corrupted file, so I deleted it, downloaded a new one, and got the install done. I also have Norton 360 Premium for firewalls, anti-virus, cloud back-up and many other utilities for various maintenance jobs, on my trusty, old, powerful HP 2009 Win-7 Pro x64 machine.

I skipped lunch, worked on computer files all day, and had an early dinner. Meager pickings on TV tonite, but I settled on History's "Curse of Oak Island" until 11p; then switched-over to FNC's "Gutfeld!" until 11:30. Lights out.

Up at 7a on Wednesday, it was a sunny, cold 39°, with a ***FROST & FREEZE WARNING*** still posted from last evening -- we've had one every day for the week, so far -- and got the condo furnace and garage heater fired-up. After the usual finger stick, I made coffee, checked the weather and news on the computer, and tuned-in the "Chris Plante Show". I grabbed my usual morning shower, did 2 loads of laundry and had an empty errand list for the day. I sat out on the front porch and back patio, in the beautiful sunshine, and enjoyed the birds, squirrels, plants in bloom, and returning plants poking thru the ground and mulch.

After the last of the Chinese Dim Sum for dinner, I watched an old movie favorite, "Escape From New York", switched to Fox for "Tucker", and then back to "Escape From New York", until 11. My late night show, "GUTFELD!" was on until 12, and I unplugged. I have a 10:30a Dr's app't, at Apple Hill Cardiology.

Awake at 5:30a on Thursday -- 0-Dark-Thirty again -- it was 46° and really, really dark. I fired-up the heat, did the finger stick, made coffee and took 2 Tramadol for R/S pain. By 6, it was starting to get light. A massive t-storm front is just to the west of us, moving in a northeasterly path, and will probably/maybe/perhaps barely touch the York area. I was finished with my Cardiologist's 10:30a app't, by 11:15, headed home and had some lunch. The showers started around 1p, as we caught the tail of the front moving thru. Les, my electrician, arrived at 3:15p, and got to work on the garage's fried GFI wall outlet and a new 20amp breaker in the basement electrical circuit box.

That long-running project done, everything seems to be working just fine. I had some dinner, got set-up for the morning, and settled-in to watch some TV. Unfortunately, Thursday is another NBC (Nothing But Crap) night for TV. I managed to find a couple worth watching, and decided to call it a night at 11p, as I was tired from getting-up so ealy over the past week. Tomorrow starts a new week here in the "Journal".

Elon Musk's Proposal.

The richest man in the world, Tesla CEO Elon Musk, made an offer to purchase the Twitter platform for a price of $41 billion. The offer represents a value of 38% more than the current evaluation. The offer is filed with the US Securities and Exchange Commission proposing a full takeover for $54.20 per share in cash.

Within the filing Elon Musk states his intentions:

“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.

As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. Twitter has extraordinary potential. I will unlock it. (SEC LINK)

What Elon Musk appears to be doing is perhaps the biggest story that few understand.

I share this perspective having spent thousands of hours in the past several years deep in the weeds of tech operating systems, communication platforms, and the issue of simultaneous users. What Twitter represents, and what Musk is attempting, is not what most would think.

In the big picture of tech platforms, Twitter, as an operating model, is a massive high-user commenting system.

Twitter is not a platform built around a website; Twitter is a platform for comments and discussion that operates in the sphere of social media. As a consequence, the technology and data processing required to operate the platform does not have an economy of scale.

There is no business model where Twitter is financially viable to operate... UNLESS the tech architecture under the platform was subsidized.

In my opinion, there is only one technological system and entity that could possibly underwrite the cost of Twitter to operate. That entity is the United States Government, and here’s why.

Unlike websites and other social media, Twitter is unique in that it only represents a platform for user engagement and discussion. There is no content other than commentary, discussion and the sharing of information –- such as linking to other information, pictures, graphics, videos url links etc.

In essence, Twitter is like the commenting system on the CTH website. It is the global commenting system for users to share information and debate. It is, in some ways, like the public square of global discussion. However, the key point is that user engagement on the platform creates a massive amount of data demand.

Within the systems of technology for public (user engagement) commenting, there is no economy of scale. Each added user represents an increased cost to the operation of the platform, because each user engagement demands database performance to respond to the simultaneous users on the platform. The term “simultaneous users” is critical to understand because that drives the cost.

According to the Wall Street Journal, Twitter has approximately 217 million registered daily users, and their goal is to expand to 315 million users by the end of 2023. Let me explain why things are not what they seem.

When people, users, operate on a tech platform using the engagement features, writing comments, hitting likes, posting images, links etc, the user is sending a data request to the platforms servers. The servers must then respond allowing all simultaneous users to see the change triggered by the single user.

Example: when you hit the “like” button feature on an engagement system, the response (like increasing by one) must not only be visible to you, but must also be visible to those simultaneously looking at the action you took. If 100,000 simultaneous users are looking at the same thing, the database must deliver the response to 100,000 people. As a result, the number of simultaneous users on a user engagement platform drives massive performance costs. In the example above, a single action by one person requires the server to respond to 100,000 simultaneous users with the updated data.

As a consequence, when a commenting platform increases in users, the cost not only increases because of that one user, the cost increases because the servers need to respond to all the simultaneous users. Using CTH as an example, 10,000 to 15,000 simultaneous commenting system users, engaging with the servers, costs around $4,500/mo.

This is why most websites, even big media websites, do not have proprietary user engagement, i.e. commenting systems. Instead, most websites use third party providers like Disqus who run the commenting systems on their own servers. Their commenting systems are plugged in to the website; that defers the cost from the website operator, and the third party can function as a business by selling ads and controlling the user experience. [It also sucks because user privacy is non existent]

The key to understanding the Twitter dynamic is to see the difference between,

(a) running a website, where it doesn’t really matter how many people come to look at the content (low server costs), and (b) running a user engagement system, where the costs to accommodate the data processing -which increase exponentially with a higher number of simultaneous users- are extremely expensive.

Twitter’s entire platform is based on the latter.

There is no economy of scale in any simultaneous user engagement system. Every added user costs exponentially more in data-processing demand, because every user needs a response, and every simultaneous user (follower) requires the same simultaneous response. A Twitter user with 100 followers (simultaneously logged in) that takes an action –- costs less than a Twitter user with 100,000 followers (simultaneously logged in), that takes an action.

If you understand the cost increases in the data demand for simultaneous users, you can see the business model for Twitter is non-existent.

Bottom line, more users means it costs Twitter more money to operate. The business model is backwards from traditional business. More customers = higher costs, because each customer brings more simultaneous users….. which means exponentially more data performance is needed.

User engagement features on Twitter are significant, because that’s all Twitter does. Not only can users write comments, graphics, memes, videos, but they can also like comments, retweet comments, subtweet comments, bookmark comments, and participate in DM systems. That is a massive amount of server/data performance demand, and when you consider simultaneous users, it’s almost unimaginable in scale. That cost and capacity is also the reason why Twitter does not have an edit function.

With 217 million users, you could expect 50 million simultaneous users on Twitter during peak operating times. My back of the envelope calculations, which are really just estimations based on known industry costs for data performance and functions per second, would put the data cost to operate Twitter around at least $1 billion per month (minimum). In 2021, Twitter generated $5.1 billion in revenue, according to the Wall Street Journal.

There is no business model, even with paying subscribers, for Twitter to exist. As the business grows, the costs increase, and the costs to subscribers would grow. So, what is going on?

The only way Twitter, with 217 million users, could exist as a viable platform is if they had access to tech systems of incredible scale and performance, and those systems were essentially free or very cheap. The only entity that could possibly provide that level of capacity and scale is the United States Government -- combined with an almost bottomless bank account.

If my hunch is correct, Elon Musk is poised to expose the well-kept secret: that most social media platforms are operating on US government tech infrastructure and indirect subsidy. Let that sink in.

The US technology system, the assembled massive system of connected databases and server networks, is the operating infrastructure that offsets the cost of Twitter to run their own servers and database. The backbone of Twitter is the United States government.

There is simply no way the Fourth Branch of Government, the US intelligence system writ large, is going to permit that discovery.

These people are NOT liberals. They are the socialist/communist/Marxist/anarchist LEFT, and there's a HUGE difference between common demonKKKrats, liberals and them. HUGE.

The Great Reset Is Almost Here.

The "Great Reset" is no longer just a nightmare for us, and an aspiration in the toxic minds of a bunch of the most evil conspirators ever known.

It is now frighteningly close to the scary conclusion we’ve all been dreading. We are already living within an oppressive, restrictive faux-communist society based on digital control and progressing rapidly towards a complete lack of individuality and freedom.

Everything that has been happening during the last two years –- the Covid fraud, the net zero fraud, the sanctions against Russia, the transgender controversy –- is part of the plan leading the world into the biggest recession since the 1930s.

The New World Order's "Great Reset" is already here. We’re living in it. And things are going to get far, far worse during the coming months.

More details to come in a week or so...

[JS].

The Shanghai Lockdown Is Being Broadcast to Make America’s Future Lockdowns Seem Less Evil.

An extremely interesting video was dropped recently by Greg Reese at Banned.Video.com, titled, “Forced Lockdowns Are Coming Back To America,” it suggested that the reason we’re seeing so much coverage of the Shanghai lockdown that’s causing mass starvation, psychological damage, and countless deaths, is because American media is preparing us for lockdowns of our own.

The theory is by seeing how bad things are in Shanghai, we won’t feel so badly about having to stay in our homes or shut down our businesses when Pandemic Panic Theater rears its ugly head again. Moreover, the video suggests that we’ve seen something like this before in the early days of the pandemic when video out of China showed people literally falling over while simply walking in the streets.

That didn’t happen in the United States. Yes, people got sick but what we were seeing in “leaked” videos from China regarding Covid-19 didn’t match our experience here at all. Is this all a propaganda campaign?

One piece of circumstantial evidence that does make sense is the fact that we’re seeing the videos from Shanghai at all. China does not let information get out very easily. In fact, one would assume they could essentially lockdown the internet completely, making it nearly impossible for any videos of what’s being done in Shanghai to see the light of day. Instead, we’re seeing fresh videos come out constantly.