Financial Globalization is banking on the emerging digital, cashless, blockchain technology

Report from McKinsey Global Institute September 2016 "How digital finance could boost growth in emerging economies" By James Manyika, Susan Lund, Marc Singer, Olivia White, and Chris Berry
A Report from the McKinsey Global Institute titled “The new dynamics of financial globalization” By Susan Lund, Eckart Windhagen, James Manyika, Philipp Härle, Jonathan Woetzel, and Diana Goldshtein wrote:

[…] In the future digital platforms, blockchain (PDF), and machine learning may transform financial markets and create new channels for cross-border capital flows. These technologies are enabling faster, lower-cost, and more efficient international transactions, and will further broaden participation in global finance to more firms, investors, and countries.

Banks and regulators must respond to several aspects of the new era.

Also read their full pdf report: How digital finance could boost growth in emerging economies

After you read the source documents for the globalization script (from influential institutions such as: CFR, BIS, OECD, IMF, et al.), their deceptive plans are in full focus and are totally contrary to the mass media promotional narrative.
A few of the scripted and engineered products/events are:

  • Digital finance to micro, small, and midsize businesses in emerging economies that lack access to savings and credit.
  • BEPS (base erosion and profit shifting) aka, Global Taxationhave you ever heard of taxation without representation?
  • Banks adopt “approved” virtual currencies, aka cryptocurrencies or digital tokens.
  • Delivering financial services by mobile phone – recall the G20 vowed to have all citizens digitally connected by 2025.
  • Digital finance for all: Powering inclusive growth in emerging economies.
  • Digital finance could provide access to 1.6 billion unbanked people, more than half of them women and a wider pool of borrowers.
  • “Lower-income countries such as Ethiopia, India, and Nigeria have the largest potential, with the opportunity to add 10 to 12 percent to their GDP, given low levels of financial inclusion and digital payments today.”
  • Providers of financial services would save $400 billion annually in direct costs by shifting from traditional to digital accounts, which can be 80 to 90 % less expensive to service.
  • Call these necessary REFORMS
  • Governments could gain $110 billion per year by reducing leakage in public spending and tax collection. Imagine 100% Tax Compliance!
  • Capture Regulators: “policy makers should continue refining regulation and supervision of financial markets.” (i.e. prompt reaction to dynamic markets; “new tools for managing volatility in capital flows and in reducing capital- and financial- account imbalances are needed”; “in the eurozone, further development of the banking union and establishment of a capital markets union is warranted and could help promote a return to growing intraregional investments.”
  • “Continued innovation in digital technologies requires favorable regulatory climate to allow experimentation, but also could create new market dynamics and risks.”

A very interesting read is from the website of Norbert Häring: Indian ministers and CEOs flock to the US to report to the digital colonizers March 5, 2017 – I’ll share a few excerpts, but encourage you to read the full post.

Developing counties run by authoritarian governments under weak legal restraints are great places to try out disruptive technological plans for changing the social landscape. As Bill Gates said in 2015 at the “Financial Inclusion Forum” in Washington, countries like India can transit to full digitalization of the economy faster than the USA, inter alia, because there are much less restrictions from legal mandates to protect people’s privacy and data.

“Notebandi”, the sudden banning of banknotes representing over 80 percent of Indian cash in circulation, which happened in November 2016, was such a disruption on the way to full digitalization, which could not possibly have taken place in the US, but in India it could.

In the words of the organizers of the MIT-conference, the speakers will “explore disruptive innovations ideas and practical solutions adopted by different entities – government, big corporations and emerging start-ups – to empower the country with increased access to different technologies, services and information to make the vision of Digital India a reality.”

It is a vision that has been expressed long before Narendra Modi came to power in Washingtonian IT and national security circles.

§

It is NOT an Accident, It Is Policy

21st Century: A Lot Is Happening!
But you must search for it, even though it is hidden in plain sight.

21st Century Mass Deception.png

21st Century CHINA Embraces Leadership Role

Have you noticed how often A.I. (along with Brain chips and other digital-dna-human augmentations) is mentioned in the mass media and corporate sponsored entertainment?

You should note that top500.org reported:

November 2016
The 48th edition of the TOP500 list saw China and United States pacing each other for supercomputing supremacy. Both nations now claim 171 systems apiece in the latest rankings, accounting for two-thirds of the list. However, China has maintained its dominance at the top of the list with the same number 1 and 2 systems from six months ago: Sunway TaihuLight, at 93 petaflops, and Tianhe-2, at 34 petaflops. This latest edition of the TOP500 was announced Monday, November 14, at the SC16 conference in Salt Lake City, Utah.
After US and China, Germany claims the most systems with 32, followed by Japan with 27, France with 20, and the UK with 17. A year ago the US was the clear leader with 200 systems, while China had 108, Japan had 37, Germany had 33, and both France and the UK had 18.
View the complete list.

The Supercomputer Leader Is China_AccordingTo_wwwtop500_org.png

If I ‘believed‘ in coincidences I would say, “Gee, what an amazing coincidence that China has supercomputers devoted to the blockchain’s asset digitization and tokens!”

The War On Cash Isn’t About Cash It’s About World CONTROL

This isn’t CHINA vs U.S. – This is about a more intrusive, more resilient, micro-manageable, worldwide digital monetary system being implemented to control everything!

Think, World Domination via Digital Finance and the Monetary System.

If you remember only one thing from this post, remember that Globalization, Institutional Governance, Policy & Regulatory Reforms, Digital Economy, Digital Banking, Cashless, Blockchain Tech, FINTECH, Virtual Currencies, Cryptocurrencies, Supercomputers, Data Harvesting, Mass Media, and Smart Phones are interwoven in the script to reset the IMS (international monetary system) and control the world.

While most individuals are aware of the many pies the U.S. policy makers has a finger in, they are generally ignorant of CHINA.

  • China has a leadership stake in several influential international consortiums (U.N., IMF, G20, BRICS, SCO, APEC, Pacific Asian Group, et al.)…
  • Created the Asian Development Bank (AIIB)…
  • Modernized Military (Air, Land and Sea)…
  • CHINA’s RMB was accepted into the SDR (IMF/central banks’ reserve currencies are so-called “Special Drawing Rights“)…
  • Implemented Credit Rating Agency & international Financial Transaction (“CIPS” a SWIFT Clone for international funds transfer, making worldwide funds available in a more reliable redundant system)…
  • BRICS committed to internet nodes, again complementing the WESTERN dominant and reliant system …
  • Amassed great gold bullion reserve…
  • Created the Shanghai Gold Exchange (SGE)…
  • Began experimental use of RMB/SDR bonds…
  • A leader in blockchain tech (and BITCOIN)…
  • Funding a massive central bank funded international economic Silk Road Development Project that has Asia Pacific, Eastern Europe, Middle East, and parts of Africa involved…

The economic zone model is engineered, and we see it deployed or in the early stages of being deployed worldwide. The zone model was used for the European (EU, aka Eurozone) economic bloc.
We see its likeness in the UNASUR, NAFTA, ASEAN Economic Community (AEC), and elsewhere. ~Ronmamita

 

 

The Globalists have something in common with Pinky & The Brain!

End The FED & Central Banks

In pursuit of freedom and prosperity, abolishing fractional reserve banking while simultaneously removing the bankers’ exclusive ability to create money and credit is priority one. – Ronmamita

 

If you find this information useful or of value then please share it with others.

RELATED:
https://ronmamita.wordpress.com/2017/07/09/g20-has-commitments-vowed-all-citizens-be-digitally-connected-by-2025/

https://ronmamita.wordpress.com/2017/06/14/think-you-know-how-to-end-the-fed-take-the-fedchallenge/

https://ronmamita.wordpress.com/2017/06/15/i-acutely-feel-herded-down-the-digital-economic-path/

https://ronmamita.wordpress.com/2017/07/06/replacing-labor-is-not-an-accident-it-is-policy/

https://ronmamita.wordpress.com/2017/07/07/globalization-by-thy-sorceries-were-all-nations-deceived-the-money-cartels-gang-of-20-will-be-meeting-this-week/

https://ronmamita.wordpress.com/2017/07/08/the-ruling-class-call-this-the-4th-industrial-revolution-and-its-part-of-the-globalists-script-and-development-funds/

https://ronmamita.wordpress.com/2017/07/19/central-banks-and-visa-pay-businesses-to-go-cashless/

https://ronmamita.wordpress.com/2017/08/03/the-european-central-bank-ecb-has-called-for-greater-punishments-on-those-eurozone-countries-that-fail-to-implement-reforms/

https://ronmamita.wordpress.com/2017/08/10/i-collated-details-about-the-monetary-system-reset-includes-de-dollarization-blockchain-asset-digitization-digital-economy/

https://ronmamita.wordpress.com/2017/08/27/chinas-globalization-leadership-technocracy-creeping-into-power/

https://ronmamita.wordpress.com/2017/08/29/central-banks-are-preparing-to-regulate-and-dominate-blockchain-with-their-cryptocurrency-data-harvesting-offsprings-technology/

https://ronmamita.wordpress.com/2017/08/28/moments-like-these-i-almost-despair/

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4 comments on “Financial Globalization is banking on the emerging digital, cashless, blockchain technology
  1. RonMamita says:

    The Drive to Cryptocurrencies, Who is Really Driving This Agenda?

    My thoughts (as well as Chris Duane’s and Lynette Zang’s) go well beyond what many discuss on the internet about cryptocurrencies.

    Your merchants were the world’s important people. By your magic spell all the nations were led astray.”
    Or this alternate translation:
    For your merchants were the greatest in the world, and you deceived the nations with your sorceries. –Revelation 18:23

    Are these the disciples of Mammon?
    Who do they worship?
    I often think about the Money Cartel’s banking and monetary system that controls the world (Finance Ministers: BIS, G7, G20, G30, IMF, BRICS, AIIB, World Bank, et al.).
    The supercomputers, A.I., human DNA and organs on a chip, virtual currencies, indeed this is sorcery and digital magic.
    Combine that with word magic, compulsory education, aka indoctrination centers and you see the masses are led astray and deceived.
    AGAIN, I ask WHO do they worship?!

    The money mafia aka money masters and banking cartel are great merchants who are deceiving nations.

    Title: THE GREAT CRYPTO CONSPIRACY? — Chris Duane
    Video posted 28 Sep 2017 by SGTreport
    Chris Duane discuss what he believes is a cryptocurrency conspiracy to enslave humanity to digital illusions of wealth.

    If you are not at least a bit concerned about what is happening, you are ‘not’ paying attention.

    This is the AGE of DECEPTION.

    Title: BrainChip Ltd (ASX:BRN) discusses SNAP, the revolutionary technology which mimics the human brain
    Video posted 26 Oct 2016 by Finance News Network

    Officially, there is only 4 cents in value left out of the original 100 cents and as the value of the dollar has declined, so have interest rates. So here we are at the end of the currencies lifecycle and the only place to go now is to attack principal and that’s where negative interest rates fit in. Thus the push to cyber space.
    There are those that believe cryptocurrencies bypass central banks. But what if they don’t? What if they actually support the goals of the established system? What would that mean if everything we earned, owned and spent was controlled by a small group of technocrats?
    Today’s webinar explores these questions and more. -Lynette Zange

    Title: The Drive to Cryptocurrencies, Who is Really Driving This Bus, by Lynette Zang
    Video posted 28 Sep 2017 by ITM Trading

    Slides and Links:
    https://www.itmtrading.com/blog/drive-cryptocurrencies-really-driving-bus-lynette-zang/

    The key problem faced by central bankers in their ability to generate inflation. Janet Yellen says she doesn’t understand why inflation is not responding the traditional way. OK then, I’ll tell her. It’s because, by design, fiat money loses value over time via debt inflation. This inflation is regulated via interest rates and perception management.

    Officially, there is only 4 cents in value left out of the original 100 cents since the Federal Reserve took over in 1913. As the dollar has declined, so have interest rates. So here we are at the end of the currency’s life-cycle and the only place to go now is to attack principal and that’s where negative interest rates fit in. Thus the push to cyberspace.

    In 1996 the NSA published a White Paper titled “How to Make a Mint: The Cryptography of Anonymous Electronic Cash”. The white paper’s index reads like an outline of today’s cryptocurrencies. In 1997 First Monday, a peer-review journal on the internet sponsored by the University of Illinois at Chicago, published “Smart Contracts: Formalizing and Securing Relationships on Public Networks” Which laid out the foundation of today’s Smart Contracts.

    Urban legend says that Satoshi Nakamoto released bitcoin on January 9, 2009 near the depth of the crisis (QE began in March) claiming to have written the code in 2007. Yet he has remained anonymous and hidden. Is it a coincidence that cryptocurrencies were revealed as the markets were crashing?

    There are those that believe cryptocurrencies bypass central banks. But what if they don’t? What if they actually support the goals of the established system? What would that mean if everything we earned, owned and spent was controlled by a small group of technocrats?

    Today’s webinar explores these questions and more.

    **********************************************************************

    A.I. & the Digital Economy: VR/Blockchain

    This is all related and engineered within the globalization script.
    Consider cultural engineering, human experimentation, wars, climate manipulation (aka, geoengineering and terraforming) and Full-spectrum dominance.
    With unlimited capital (the central bank cartel create as much money as they require) they fund abominable experiments, regional development, massive secret projects and operations – yet refuse to abolish starvation/malnutrition and homelessness. Indeed, policy makers in think tanks and institutions are scripting and engineering civilization.

    Read about 7 Human Organs on One Chip

    Organs on chips: The DARPA-backed project mimicking the human body on a tiny scale
    The Wyss Institute at Harvard is creating miniaturised versions of human organs that could one day be used to test drugs as unique as the patients that take them.
    Written By Jo Best | May 12, 2016 zdnet.com

    Title: Human Organs On Chips
    Video posted 9 Mar 2016 by Future of Medicine
    The video above explains how the design of the chips allow them to emulate organ–level functions.

    Title: Your brain on a chip | Max Jackson | TEDxOrlando
    Posted Nov 18, 2015 by TEDx Talks

    Max Jackson explains how “brain on a chip” works, and why it matters.
    [He] is a researcher with the Hickman Hybrid Research Lab at the University of Central Florida. He frequently speaks on neuroscience and its place in culture, and is passionate about brain-computer interfaces.
    This talk was given at a TEDx event using the TED conference format but independently organized by a local community.

    Title: Age of Em = 666
    Published on Sep 12, 2017 by FaceLikeTheSun

    The Human Emulates of Ems are poised to become the bane of humanity in the very near future.
    An Economist and social scientist Robert Hanson outlines his analysis of Ems in his TED talk titled, ‘What would happen if we upload our brains to computers?’
    His projection of what’s to come sounds eerily similar to the familiar prophecies of an image of the beast, and mark of the beast, surrounded by the number of a man 666.

    – – – LINKS – – –
    TED Talk “What would happen if we uploaded [human] brains to computers?” by Robin Hanson:

    JesusCoin (JC):
    video-

    Revelation 13:
    http://biblehub.com/esv/revelation/13.htm

    The First Beast

    [1]And I saw a beast rising out of the sea, with ten horns and seven heads, with ten diadems on its horns and blasphemous names on its heads. [2]And the beast that I saw was like a leopard; its feet were like a bear’s, and its mouth was like a lion’s mouth. And to it the dragon gave his power and his throne and great authority. [3]One of its heads seemed to have a mortal wound, but its mortal wound was healed, and the whole earth marveled as they followed the beast. [4]And they worshiped the dragon, for he had given his authority to the beast, and they worshiped the beast, saying, “Who is like the beast, and who can fight against it?”

    [5]And the beast was given a mouth uttering haughty and blasphemous words, and it was allowed to exercise authority for forty-two months. [6]It opened its mouth to utter blasphemies against God, blaspheming his name and his dwelling,a that is, those who dwell in heaven. [7]Also it was allowed to make war on the saints and to conquer them.b And authority was given it over every tribe and people and language and nation, [8]and all who dwell on earth will worship it, everyone whose name has not been written before the foundation of the world in the book of life of the Lamb who was slain. [9]If anyone has an ear, let him hear:

    [10]If anyone is to be taken captive,
    to captivity he goes;
    if anyone is to be slain with the sword,
    with the sword must he be slain.

    Here is a call for the endurance and faith of the saints.

    The Second Beast

    [11]Then I saw another beast rising out of the earth. It had two horns like a lamb and it spoke like a dragon. [12]It exercises all the authority of the first beast in its presence,c and makes the earth and its inhabitants worship the first beast, whose mortal wound was healed. [13]It performs great signs, even making fire come down from heaven to earth in front of people, [14]and by the signs that it is allowed to work in the presence ofd the beast it deceives those who dwell on earth, telling them to make an image for the beast that was wounded by the sword and yet lived. [15]And it was allowed to give breath to the image of the beast, so that the image of the beast might even speak and might cause those who would not worship the image of the beast to be slain. [16]Also it causes all, both small and great, both rich and poor, both free and slave,e to be marked on the right hand or the forehead, [17]so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. [18]This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.[f]

    Like

  2. RonMamita says:

    Cryptocurrencies Are A Trap

    Title: Cryptos and Precious Metals Are NOT Allies!
    Video posted 18 Sep 2017 by TruthNeverTold

    Like

  3. RonMamita says:

    Martin Armstrong Said This About Cryptocurrencies

    Posted Oct 2, 2017 by Martin Armstrong

    QUESTION: Marty, do you think any crypto currency will survive?

    ANSWER: No. We are looking at central banks and even the Chinese government is moving to create a Cryptocurrencies. There is no question that we will be looking at this as the next evolutionary step forward in the monetary system.

    However, what I have been warning about is the public v private issue. Governments are hunting money everywhere. There is just NO POSSIBLE WAY they will allow private Cryptocurrencies to circumvent their control and taxation.

    https://www.armstrongeconomics.com/armstrongeconomics101/cryptocurrencies-2/

    Like

  4. RonMamita says:

    Engineering Civilization in the 21st Century

    Indeed, policy makers in think tanks and institutions (ruling class) are scripting and engineering civilization.

    Title: Techsperts Propose Driverless Highway – #NewWorldNextWeek
    Video posted 05 Oct 2017 by corbettreport

    Do You Remember Chevron vs Equador?
    Corporations Rule – This Is Globalization…

    Title: PBSM Corporate Sovereignty Part 1, by Lynette Zang
    Streamed live on Oct 5, 2017 by ITM Trading

    In 1971 Nixon handed full control of inflation to the Federal Reserve, a private corporation. Thus began the financialization of global markets. In the 1980’s and 1990’s Bilateral Investment Treaties were put in place. Many of these agreements transferred rights from Sovereign Countries to multinational corporations.
    How does this impact you? That is what we’ll be examining in this series.

    To view the supporting links and slides, please visit our website:
    https://www.itmtrading.com/blog/corporate-sovereignty-part-1/

    For more information or to answer any questions you may have, give us a call at 888-696-4653.

    https://www.ITMTrading.com

    https://facebook.com/ITMTrading

    Like

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The Worldwide Awakening
Peaceful Awareness & Knowledge Based TransitionSeptember 11th, 2017
Exercise freedom and creativity for all Earth’s inhabitants to explore ready breakthroughs in Self Organizing Communities, economics, and technology. This is a D.I.Y. project
State Sponsored Terror
The Big Day ReportMarch 30th, 2018
Institutions of crime Big days have come, gone, and come again (Manipulations: Market Exchanges crash, wars, government Elections, and Taxation). Search for what is hidden and for what is not spoken. What secrets are hidden in Antarctica? Be Aware of the next big Day for fraudulent institutions.
RonMamita
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