Globalist leaders are actively working to introduce central bank digital currencies (CBDCs). A CBDC is a digital currency that is issued directly by a central bank, such as the Federal Reserve in the US, the European Central Bank in the EU’s eurozone, and the Bank of England in the UK. Critics say that these CBDCs are part of the dream of being able to control the global economy and therefore controlling people’s lives. Several of those steps are already a reality, including shutting down dissent and free speech. In Europe, people are routinely fined and arrested for saying things their government does not like.
The Oxford-educated, German economist Richard A. Werner warned in an interview, “The push for CBDCs is the final step in a multi-decade program by central planners to increase their power over the people and over countries. This is the ultimate step because the powers of CBDCs are so extraordinary that, I mean, even the worst dictators of past centuries could only have dreamt of having such enormous power over the lives of so many people.
“We are talking about a very dystopian future if we allow central banks to issue central bank digital currencies. You know, even if the original designers and heads of central banks who are launching this are super well-meaning, you know, let’s give them the benefit of the doubt, we just know what human nature is like and history is the best guide…”
“I think the power would be abused, if not by the original generation of launchers, then by the next generation.... It will be a completely totalitarian system of such frightening proportions, it’s hard to imagine...The micromanaging decision about your spending will then be automated and... you have no right to appeal the algorithm... You just won’t be able to use your money for certain things and then there is nothing that you can do... That by definition endsfreedom....” he continued.
CBDCs will indeed be “programmable”: In 2021, the Bank of England asked for ministers to have the final word on whether a central bank digital currency should be “programmable”, meaning that the central bank would have a veto over how people would spend their money, the Telegraph reported. Tom Mutton, a director at the Bank of England, said during a conference that programming could become a key feature of any future central bank digital currency.
According to Mutton, “There could be some socially beneficial outcomes from that, preventing activity which is seen to be socially harmful in some way. But at the same time, it could be a restriction on people’s freedoms. That is a delicate debate that needs to be had. It is not something we can settle ourselves, that is for the Government to lead on.” Programming, Mutton made it clear, would enable the state or an employer “to control how the money is spent by the recipient.”
Not only is such a scenario horrifying beyond words, but half the world is already hurtling towards this nightmare: A study by the Atlantic Council last year found that 134 countries — including the U.S. at the time — were pursuing central bank digital currencies, with almost half of those countries at an advanced stage in this process. The Biden administration was working towards an American CBDC. But, in May 2024, the House of Representatives passed a bill to prevent the Federal Reserve from introducing a CBDC. Shortly after coming into office, President Donald Trump banned the establishment of a CBDC in the United States. The European Union is barreling ahead towards a central bank digital currency for those EU countries that are a part of the eurozone, which includes most EU countries.
Biblical Connections: While CBDCs are not inherently bad in themselves, one can see how this type of power could one day be used by the Antichrist. He could control the global economy to such an extent it would be almost impossible to buy or sell goods without permission, as outlined in Revelation 13.
PRAY: Pray those in power making the decisions on these types of massive digital overhauls will be wise and thoughtful in their actions.