The Liberty Report

Pop Goes The China Balloon Smoke Screen

Amidst salacious talk about extraterrestrials and UFOs the media fed into the government hype about balloons flying across the United States – a “crisis” that coincidentally dropped just as a devastating investigative report revealed how the US blew up the Nordstream pipeline. Now US officials are saying the balloons were “benign.” Nothing to see here. Also today: Tracking the unvaxxed and US runs out of missiles for Ukraine. Today on the Liberty Report:

Snowden: UFO Balloons 'Engineered Panic' To Distract From Nord Stream Revelations

Former NSA whistleblower has gone on record accusing the US government of engineering the “balloon wars” scare to detract attention away from Seymour Hersh’s explosive investigative report detailing how the US White House plotted and blew up the Nord Stream pipelines – an act of terrorism or war against Russia and Germany. Also today: wasting millions to shoot down phantom balloon “threat.” And US to send propaganda special forces into Ukraine. Today on the Liberty Report:

Unintended Consequences: Russia Sanctions Propel India To Global Energy Powerhouse

India has refused to jump in with the US/NATO war on Russia, which is partly being fought with energy sanctions. As a result, India has emerged as a major player on the global energy scene – buying cheap Russian oil, refining it, and selling at a large mark-up to Europe and the US. Also today: Fauci tells the truth. And finally: What’s the State Department up to with its “disinformation” dollars? Watch today’s Liberty Report:

Push-button digital tyranny: U.K. introduces 'Britcoin' CBDC project

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The U.K. government and the Central Bank of England have published a “consultation paper” that announced a coming digital pound called “Britcoin.”

Britcoin, the current nickname for the Central Bank Digital Currency (CBDC) project, is a product of the U.K.’s “CBDC Taskforce” that was announced in April 2021.

“At this stage, we judge it likely that the digital pound will be needed in the future. It is too early to decide whether to introduce the digital pound, but we are convinced preparatory work is justified,” the paper starts, estimating that the project will be fully implemented by the end of the decade.

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The hype continues:

“The digital pound would maintain public access to retail central bank money and, as our lifestyles and the economy become ever more digital, it would also promote innovation, choice and efficiency in domestic payments.”

Here’s what they’re not telling you.

A CBDC gives enormous power to governments and grants them much more control over the population’s spending, saving, investing, and borrowing power. For Brits who experienced the tyrannical and restrictive policies of Covid hysteria, the implementation of Britcoin amounts to a permanent financial lockdown.

As the Chinese Communist Party has demonstrated, the CBDC is a valuable tool for financial censorship and manipulating behavior, as it is a key component of a social credit score system.

Under a CBDC-based monetary regime, the government or anyone high enough in the political hierarchy can ban a citizen from transacting in the currency at the push of a button, should their social credit score drop too low. Moreover, any random government bureaucrat who has access to the CBDC system could decide to wipe out anyone’s account balance entirely. On the other hand, they can reward “good behavior” by boosting a citizen’s social credit score and purchasing power through the use of the same tools.

Instead of separating money and state, the CBDC acts to create zero separation between money and state.

In its Consultation Paper, the U.K. takes several shots at Bitcoin, describing it as the antithesis to the “safer” Britcoin CBDC. Bitcoin is described as a “highly volatile unbacked cryptoasset” that does “not provide holders with a safe or stable store of value or a reliable unit of account.”

The British Pound will be much safer, clearly. Just look at its buying power over time!

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(bigger)

But Bitcoin, which is up around 20x since 2017, “has fallen by 10% or more in a day around 25 times over the past five years,” the U.K. paper declares.

Unfortunately, the entire U.K. political establishment is moving in lockstep behind the measure, and it seems inevitable that the entire European continent will embrace CBDCs. For American readers of The Dossier, the Britcoin project can act as a Paul Revere moment for what’s potentially coming to our shores.

The people in charge of the soon to be digital money printer prefer that you have fun getting progressively poorer as the ruling class prints more money for itself.

The above chart highlights the overall problem with mattress stuffing and banking on Central Bank cash as a strategy to preserve wealth. If the money isn’t separated from the state, we will inevitably live in a World Economic Forum utopia in which “you will own nothing and you will be happy.”

Today, the Central Bank of England has over $1.5 trillion in assets at its disposal. They are certainly outmatched by the behemoth enterprises in the US, Japan, China, and elsewhere. Yet the U.K. is far from alone in its push-button digital tyranny aspirations, with the most ambitious project thus far being the Chinese Digital renminbi.

Reprinted with permission from The Dossier.
Subscribe and support here.

Push-button digital tyranny: U.K. introduces 'Britcoin' CBDC project

undefined

The U.K. government and the Central Bank of England have published a “consultation paper” that announced a coming digital pound called “Britcoin.”

Britcoin, the current nickname for the Central Bank Digital Currency (CBDC) project, is a product of the U.K.’s “CBDC Taskforce” that was announced in April 2021.

“At this stage, we judge it likely that the digital pound will be needed in the future. It is too early to decide whether to introduce the digital pound, but we are convinced preparatory work is justified,” the paper starts, estimating that the project will be fully implemented by the end of the decade.

undefined
(bigger)

The hype continues:

“The digital pound would maintain public access to retail central bank money and, as our lifestyles and the economy become ever more digital, it would also promote innovation, choice and efficiency in domestic payments.”

Here’s what they’re not telling you.

A CBDC gives enormous power to governments and grants them much more control over the population’s spending, saving, investing, and borrowing power. For Brits who experienced the tyrannical and restrictive policies of Covid hysteria, the implementation of Britcoin amounts to a permanent financial lockdown.

As the Chinese Communist Party has demonstrated, the CBDC is a valuable tool for financial censorship and manipulating behavior, as it is a key component of a social credit score system.

Under a CBDC-based monetary regime, the government or anyone high enough in the political hierarchy can ban a citizen from transacting in the currency at the push of a button, should their social credit score drop too low. Moreover, any random government bureaucrat who has access to the CBDC system could decide to wipe out anyone’s account balance entirely. On the other hand, they can reward “good behavior” by boosting a citizen’s social credit score and purchasing power through the use of the same tools.

Instead of separating money and state, the CBDC acts to create zero separation between money and state.

In its Consultation Paper, the U.K. takes several shots at Bitcoin, describing it as the antithesis to the “safer” Britcoin CBDC. Bitcoin is described as a “highly volatile unbacked cryptoasset” that does “not provide holders with a safe or stable store of value or a reliable unit of account.”

The British Pound will be much safer, clearly. Just look at its buying power over time!

undefined
(bigger)

But Bitcoin, which is up around 20x since 2017, “has fallen by 10% or more in a day around 25 times over the past five years,” the U.K. paper declares.

Unfortunately, the entire U.K. political establishment is moving in lockstep behind the measure, and it seems inevitable that the entire European continent will embrace CBDCs. For American readers of The Dossier, the Britcoin project can act as a Paul Revere moment for what’s potentially coming to our shores.

The people in charge of the soon to be digital money printer prefer that you have fun getting progressively poorer as the ruling class prints more money for itself.

The above chart highlights the overall problem with mattress stuffing and banking on Central Bank cash as a strategy to preserve wealth. If the money isn’t separated from the state, we will inevitably live in a World Economic Forum utopia in which “you will own nothing and you will be happy.”

Today, the Central Bank of England has over $1.5 trillion in assets at its disposal. They are certainly outmatched by the behemoth enterprises in the US, Japan, China, and elsewhere. Yet the U.K. is far from alone in its push-button digital tyranny aspirations, with the most ambitious project thus far being the Chinese Digital renminbi.

Reprinted with permission from The Dossier.
Subscribe and support here.

Terrorism? Hersh's Bombshell On Nord Stream Pipeline Ignored By Mainstream Media

Legendary investigative journalist Seymour Hersh published a blockbuster report on last year’s attack on the Nord Stream pipeline. Though at the time, US mainstream media and neocons blamed Russia for attacking its own pipeline, Hersh lays out in detail how the US government, in a covert operation, blew it up. What’s next? Also today, Ukraine war is McCain’s legacy. Watch today’s Liberty Report:

Idiocracy? Congress Turns Into Madhouse For Biden's SOTU

Like the scene in the (prophetic?) film Idiocracy, the US Congress became a madhouse during Biden’s State of the Union speech last night. Jeers, foul language, etc., marked an event that once took place under proper decorum. How did we get to this point? Also today: US mainstream media narrative on Ukraine is shifting…big time! What does it mean? Watch today’s Liberty Report:

Behind Closed Doors, Pentagon Warns Congress Of Ukraine's Weakness

Although the narrative pushed by the US government and propped up by the mainstream media is that “Ukraine is winning,” in a recent classified briefing to Congress the Pentagon is singing a very different tune. As the Biden Administration continues up the escalation escalator, shouldn’t the American people hear what military experts really believe? Also today: Why F-16s? And…when a medical school goes “woke.” Watch today’s Liberty Report:

Biden Announces More Billions To Ukraine As Americans Sour On War

Yesterday the Biden Administration announced yet another military aid package to Ukraine including yet more powerful weapons. This comes as a new PEW Poll shows that Americans increasingly believe that the US is doing too much to help Ukraine. Also today: The US government investigates its massive aid transfers to Ukraine and finds no misuse of funds. Shocker! Watch today’s Liberty Report:

Why Is Washington So Openly Releasing Details Of Armored Vehicle Shipment To Ukraine?

A US Pentagon agency has released photos and details of the loading and shipment of Bradley Fighting Vehicles to Ukraine for the purpose of fighting Russia. While obviously such shipments can be tracked by governments, including by Russia, does it seem odd that the Biden Administration seems to almost be bragging about the long journey through international waters? Also today, a sad time for the once-neutral Swiss. Finally: a Med Student speaks out against his profession’s response to Covid. Watch today’s Liberty Report:

Who Was Really Behind The 'Russian Disinformation' Hoax?

The latest “Twitter Files” release was a bombshell, detailing how a group of neocons got together to falsify information about “Russian disinformation” in 2016 to demonize Donald Trump and help Hillary Clinton. It turns out there was election interference…but it wasn’t the Russians it was the neocons. Also today: warhawks exaggerating the China threat. Finally…a good news story from Gallup. Today on the Liberty Report:

Zelensky: 'Thanks For The Tanks…Now GIMME Missiles And F-16s!'

Less than a day after the US and Germany agreed to give heavy tanks, Ukraine’s president Zelensky again upped the stakes, demanding F-16s and long-range missiles that can strike deep inside Russia. US officials remain confident that Russia will not respond to the steady escalation. What if they’re wrong? Also today: China goes to Africa with briefcases instead of bombs. Finally…another Project Veritas sting shows the truth about Pfizer. Watch today’s Liberty Report:

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