by Bob Rinear, The International Forecaster:
They want a global currency. They’re going to try and do it with SDR’s. They’ve already started the process, and I’m not certain about how it develops, but this acchain outfit is definitely one of their testing grounds.
In the movie the Wizard of Oz, the all-powerful, all knowing Oz really just turned out to be a little man behind a curtain, with no special powers, but who had all sorts of smoke and mirrors and eerie noises he could use.
Well we have Wizards of Oz’s too. The highest level global elites that push the buttons and pull the levers and change the perception of the world. However the difference is that our Wizards don’t only change perceptions, they change systems. They change economies. And the next change is going to be one so big, that getting our arms around it is not easy.
Ever since the introduction of Bitcoin, the concept of using block-chain technology has exploded. While Bitcoin and Ethereum are the two best known crypto-currencies, there’s over 200 of them out there now and more being developed every day. Now, some of these are trying to work like old fashioned money used to work, by having a physical, tangible backing of some sort. For instance there’s now two crypto’s formed where their digital coins are actually based on grams of gold.
But I need to go full circle on you all for a minute. Remember way way back, say maybe the early 2000’s, I wrote a few articles concerning the use of SDR’s? As the stock market meltdown was causing economic troubles around the world, the IMF was doling out SDR’s to countries, in a sort of “bail out’ maneuver until they got stabilized.
So, what’s an SDR? The SDR was created by the IMF in 1969 as a supplementary international reserve asset, in the context of the Bretton Woods fixed exchange rate system. A country participating in this system needed official reserves—government or central bank holdings of gold and widely accepted foreign currencies—that could be used to purchase its domestic currency in foreign exchange markets, as required to maintain its exchange rate.
Only a few years after the creation of the SDR, the Bretton Woods system collapsed and the major currencies shifted to floating exchange rate regimes. Thus the use of SDR’s was lessened. However, more recently, the 2009 SDR allocations totaling SDR 182.6 billion played a critical role in providing liquidity to the global economic system and supplementing member countries’ official reserves amid the global financial crisis.
An SDR is a Special Drawing Right. Basically it’s the money of the money controllers, Central bank reserve money. A way for the IMF and Bank of International Settlements (BIS) to sure up economies when they run into trouble. It consisted of the Dollar, the Pound, the Yen,the Euro and Then in 2009 and 2010 I wrote a lot about them, because China wanted their currency included in the weighting. That came true, just as I expected it would and now the Yuan is part of the SDR.
Okay, so why am I talking about them now, especially in the context of blockchain developments? Well, there’s been some very very strange developments lately and I think that if I’m reading this right, the “reset” I’ve been saying has to come, is going to be bigger and much more different than I first thought.
In doing research for the “economic/financial” reset, I said that the IMF was currently working on adding up the actual physical assets of each nation, to get a “value” of that nation for their equations. So they’d look at the lumber it could produce, or the oil it could produce, or the wheat, or the manufacturing, or the ore, or what have you. All those things combined, along with the “monetary” wealth of its citizens, gives you the “value” of that nation.
But recently, we’ve got hints that all of that “value” is being digitized. Block chained into a digital form, that eventually can be “traded”. I’ve said until I’m blue in the face that one day the US dollar will NOT be the global reserve currency. I’m going to be proven right and this NEW SDR is going to be the global reserve currency. This is sort of scary.
I want you all to watch this 2 minute video, produced by an outfit called acchain.org. Here’s the Video: https://www.youtube.com/watch?v=CJ73hIFWcpw
It’s done in English but was created in China. At one point it says “Blockchain, the Devil uses it to destroy the world. Then next it says, “the God uses it to benefit mankind”. That’s pretty weird talk, especially from an outfit doing something I’ve never seen before. Follow along….
In the 2 minute video, it appears show how all nations will digitize and go through “nodes” of which there are only a few. So if I’m following the script here, the new SDR is to be digitized, with the Assets of every country AND PERSON and his PROPERTY digitized.
So, once they blockchain digitize all the assets of everything everywhere, that will be the SDR’s value, and all currency will be pegged to that value. No more dollar/Euro or Dollar/yen. Nope, it will all be based on the nations share of value in the global SDR.
The name acchain.org actually stands for “Asset collection chain”, ( how creepy is that?) and first they digitized a bunch of tea in China, and turned it into a digital coin. But what they’re doing now in TEXAS is really frightening to me.
A land developer based in China, has bought up 900 acres and is building homes. The Homes and land have been digitized and an ICO (Initial coin offering) has been launched. Now here’s the kick. It states implicitly that US citizens can NOT be involved with this project. You can’t buy into this. Only foreigners. What the hell is up with that? The housing is in Texas!
Check this, it’s frightening: https://www.acchain.org/en/ret.html
So follow the plot. The IMF wants a digitalized SDR, where the value of everything on the planet is included in the calculations. Every home, car, boat, RV, etc, gets digitized value and turned into a token, which is going to be globally tradable. Now this gets spooky. They’re promoting the idea that if you have tangible assets, why not turn them into digital money and go spend it at the mall, or the doctors, or go shopping? Well, what happens when you “spend” all your asset value? Who owns your house or car then?
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