Rather than in general economic news I think that this topic deserves its own thread. It is going to get very important as the World seems to be moving into new power blocks and how the West in particular will try to handle the associated dedollarisation.
This is a post from MoA speculating on it, kind of setting the scene. The more posts the better on this, if it gains traction the implications on individual liberty are not good.
The current nation-state entrenched power networks are going to ease out, leaving the nation state populations and local systems floundering helplessly (though perhaps able to reconstitute should they so choose, albeit with very little access to that which gives nation states power these days, ie currency-money-credit issuance and control). The Elites are going to resurface in most of the global institutions in the picture which will become increasingly prominent soon.
The powers inherent in the CBDC system (as described in the article and many others like it) will make any need to appear as part of the local/indigenous political/representative system unnecessary because essentially the whole world will be like a giant machine and the new overlords the more or less invisible mechanics in the background who keep it running. They will be the (AI et alia) programmers dictating what the machine does, where - if a vehicle - it takes us, whether or not we can ride in it and so forth, again all controlled via the CBDC mechanisms which might control much more than transactions alone, for example which streets and buildings we can enter or leave, whether or not a city has adequate water supply or food deliveries or a country is reported (by AI journalists) to be at war and so forth - no end of micro and macro algorithms-protocols-experiences.
Perhaps it will be like the Truman World (?) movie where people live in a generated reality without seeing who or what is operating it beyond their field of vision, which is bounded by a screen with images of the sky. Perhaps Huxley's vision will win out over Orwell's as he claimed would unfold...
This being the case, quite possibly the entire Israel project and also AIPAC, for example, may soon be jettisoned because the need for territorially defined nation states with central bank controlled populations will recede because representative politics will no longer be the norm; rather (for the elites) there will be discrete class-based zones all over with tightly restricted access, in many cases virtually invisible to outsiders who will neither read about them nor be able to purchase tickets or enter due to universal digital controls.
In other words, the reason the elites are seemingly crashing the West (though some prefer to believe that China-Russia are now geopolitically eating their lunch) is because they are in the process of shedding their current skins - or leaving their current host bodies if you prefer - indeed preparing the way for the next set of incarnations in entirely different body politics where they will have shape-shifted into entirely different configurations and identities.
This is a post from MoA speculating on it, kind of setting the scene. The more posts the better on this, if it gains traction the implications on individual liberty are not good.
The current nation-state entrenched power networks are going to ease out, leaving the nation state populations and local systems floundering helplessly (though perhaps able to reconstitute should they so choose, albeit with very little access to that which gives nation states power these days, ie currency-money-credit issuance and control). The Elites are going to resurface in most of the global institutions in the picture which will become increasingly prominent soon.
The powers inherent in the CBDC system (as described in the article and many others like it) will make any need to appear as part of the local/indigenous political/representative system unnecessary because essentially the whole world will be like a giant machine and the new overlords the more or less invisible mechanics in the background who keep it running. They will be the (AI et alia) programmers dictating what the machine does, where - if a vehicle - it takes us, whether or not we can ride in it and so forth, again all controlled via the CBDC mechanisms which might control much more than transactions alone, for example which streets and buildings we can enter or leave, whether or not a city has adequate water supply or food deliveries or a country is reported (by AI journalists) to be at war and so forth - no end of micro and macro algorithms-protocols-experiences.
Perhaps it will be like the Truman World (?) movie where people live in a generated reality without seeing who or what is operating it beyond their field of vision, which is bounded by a screen with images of the sky. Perhaps Huxley's vision will win out over Orwell's as he claimed would unfold...
This being the case, quite possibly the entire Israel project and also AIPAC, for example, may soon be jettisoned because the need for territorially defined nation states with central bank controlled populations will recede because representative politics will no longer be the norm; rather (for the elites) there will be discrete class-based zones all over with tightly restricted access, in many cases virtually invisible to outsiders who will neither read about them nor be able to purchase tickets or enter due to universal digital controls.
In other words, the reason the elites are seemingly crashing the West (though some prefer to believe that China-Russia are now geopolitically eating their lunch) is because they are in the process of shedding their current skins - or leaving their current host bodies if you prefer - indeed preparing the way for the next set of incarnations in entirely different body politics where they will have shape-shifted into entirely different configurations and identities.