TRUNEWS with Rick Wiles - “Father of QE” Economist: CBCD Scheme Will Require Implanted Microchips in Humans

Episode Date: July 14, 2023

The US Federal Reserve Bank will unveil its Fed Now payment system sometime this month. According to the central bank, FedNow will “facilitate nationwide reach of instant payment services by financial institutions—regardless of size or geographic location—around the clock, every day of the year.” Fed Now is not the only digital money project coming from the US central bank. The Fed also plans to introduce a digital currency known as a CBDC, meaning central bank digital coin. The coin will be programmable. Programmable means that central bankers and government agencies could turn on and off digital money and decide how, when, where, and if you can spend it. But this plan is more ominous. A highly respected economist recently said that he was told CBDCs will require humans to be implanted with microchips. Rick Wiles, Doc Burkhart. Airdate 7/14/23 You can partner with us by visiting TruNews.com/donate, calling 1-800-576-2116, or by mail at PO Box 690069 Vero Beach, FL 32969.

You are listening to True News with Rick Wiles. We appreciate you tuning in. To find out more information regarding the broadcast, including prayer and financial support, please visit our website at truenews.com. Our mailing address for all correspondence is True News. The truth, the whole truth, and nothing but the truth. So help us God. The U.S. Federal Reserve Bank will unveil its FedNow payment system sometime this

month. According to the central bank, FedNow will facilitate nationwide reach of instant payment services by financial institutions regardless of size or geographic location around the clock every day of the year. FedNow is not the only digital money project coming out of the U.S. central bank. The Fed also plans to introduce a digital currency known as a CBDC, meaning central bank digital coin. The coin will be programmable. Programmable means that central bankers and government agencies could turn on and off digital money and decide how, when, where, and if you can spend it. But this plan is more ominous. A highly respected economist recently said in a podcast that he was told that cbdc's will require humans to be in planet with microchips doc burkhardt and eddie ducagna are here to talk about today's world news gentlemen this is going to be an interesting

true news welcome to friday edition of two news all right so let's start uh we'll start with this uh bitcoin.com uh article and by the way for uh those of you who are investors in in cryptocurrency we're not going to discuss the court ruling that's not part of today's uh uh but you know that there was a major court ruling people have been waiting several years for that ruling yesterday it's kind of a split decision um two parts in favor of uh crypto one part not in favor but anyhow here's this we'll start with this story new york federal reserve and u.s banks complete programmable dollar CBDC test. Now, we actually talked about this a couple of days ago, but we want to go over this again. Eddie, what do we have? Definitely. So the New York Federal Reserve and a group of financial

institutions announced the successful conclusion of a proof of concept of the regulated liability network, which contemplates the introduction of a dollar-based interbank central bank digital currency. The test concluded that, using the RLN, the proposed CBDC might allow for near real-time dollar payments in cross-border settlements. Gentlemen, the working group comprising of BNY Mellon, Citi, HSBC, MasterCard, PNC Bank, TD Bank, Truist, U.S. Bank, and Wells Fargo examined the performance of a dollar-based wholesale central bank digital currency in different use cases. The role of the Federal Reserve New York Innovation Center was limited to

the simulated operation of tokenized central bank deposits as a settlement asset, according to the released report. One of the use cases for the system had to do with examining the performance of the dollar-based CBDC as a tool to complete domestic interbank payments, such as FedNow, concluding that it could operate successfully as a payment system on a new technology platform. So, coming up to this point right now, Rick, we've already talked about the implementation of FedNow. The second use case that was examined in the proof of concept pilot test had to do with using the designed dollar CBDC as an instrument for offshore settlements, finding that its usage could improve cross-border payments through the orchestration of customer

payments and settlements across the payment chain and the introduction of parallel processing of payment proposals. Rick, that sounds like a replacement for SWIFT there. It does. And we're moving in that direction. They are redesigning the global financial architecture. And by 2030 2030 the world will be operating on completely new systems so the fed now is an instant payment system it's really not radical in the sense that if you use paypal zelle any of those apps, you're already using an instant payment system. Right. This is one that's run by the Federal Reserve. It standardizes the usage across multiple banks and financial institutions.

I think it has the potential of wiping out and replacing Stripe and Zelle and PayPal? If I were an investor in those companies, I'd be very worried. The Federal Reserve is getting into the marketplace. How do you compete with the Federal Reserve? So it's a big step, but it's not going to be radical and earth-shattering for us in the near future. They're going to introduce it this month.

But you're really not going to see anything happen. This is not going to be some major change in the financial system that you and I are going to notice. It's being rolled out by among the biggest banks. It's not going to get down to the grassroots level for quite some time, but that's where it's going to go. Eventually, Doc, Main Street retailers will be using it.

You walk into a hardware store and you want to buy a large item. And what's different now than giving them your bank card? Right. I mean, it's really not a major. Really, the bank card is adding several steps to the whole transaction process. So what Fed now does is eliminates a number of those steps that's right sounds positive but it's puts control in the hands of the federal reserve yes and and so everything eddie's going to go through the federal reserve they're going to know

everything you buy every transaction every transaction the federal that's the thing to be concerned about the federal reserve will know every single thing you buy. And will they sell the data? Will they share the data with government agencies, with insurance companies, the IRS, with any organization around the world that wants to know your habits? Where do you go? Where do you spend your money? Well, we will see in a later clip that this effort also links with other central banks around the world with BIS, with their innovation hub. So they can easily link this information with any other central bank in the world. So, I mean, they wouldn't need to request information. Maybe it would all be contained in one place. I mean, I'm not sure how that looks like yet, but this is a unified effort in multiple countries.

That's right. So the next one, this is number eight, Investopedia. There could be 15 retail CBDCs in circulation by 2030. So once again, we see that magical date. Right, 2030. It just keeps showing up a major change in the world is will arrive by 2030 it's not that when when the calendar rolls over to january 1st 2030 the whole world is changing no the whole world will be changed by the time we get to 2030 right and

this fits into those uh 17 sustainable goals that they've been talking about and their target date is 2030 the financial institutions are also participating in that as well that's one of the 17 sustainable goals and and one of those goals is that every human on the planet be assigned a digital number an identification number digital id yes and so we've heard doc at various technology conferences the discussion of the sustainable goals and a lot of emphasis was on the fact that there's still several billion people on the planet that have no banking no access to banking right and so this this digital uh payment system digital coins this will be presented as the solution to make banking available to every person on the planet because they will say well the only thing

governments have to do is just hand out digital phones right which are tied directly to a bank account everybody will get an obama phone everybody in the whole world everybody in india bangladesh throughout africa everybody will get a phone and and that phone then becomes your bank i I remember, Doc, in one technology conference in 2018, I was in a session where a CEO of a high-level Japanese insurance company held up his phone and he said, our company again an insurance company he said we will be your bank we will remember that yes we will be your insurance company we will be your lawyer we will be and we will all be done on this phone and he laid out this ambitious plan of how his insurance company was going to transform itself and become a one-stop corporation for multiple services, all done digitally on a phone. They need the CBDC. They need a cashless society. They need the entire human race to make this transition to this system.

And they're telling us the goal is 2030. The very first technology conference I went to, Paul Benson was with me. And this was 2018. We flew to Barcelona, Spain for Mobile World Congress we went there to hear about technology for video streaming that was our entire interest to find out where video streaming was going on phones the opening session

of the opening day on the wide screen across the stage it said 2030. And the first speaker talked about the global brain. And I looked at Paul and I said, oh my, now we know why we're here. I had no idea.

I'd never heard global brain before. And he laid out the plan to have a global brain by 2030. Well, we have AI released now, don't we? Right. AI is the global brain. What I saw was that the phone companies were the nerve system, the nervous system for the global brain. And they're going to be building a lot of things to operate through the phone companies.

The CBDC is part of it. We're going into this total cashless society. And so this story, there could be 15 retail CBDCs in circulation by 2030. And it says that up to 93% of the world's banks are experimenting

with some form of digital currency with two dozen expected to have one in circulation by the end of the decade the bank for international settlements found in a survey bank for international settlements bis is the mother of all central banks right they're the ones that do the transactions between the central banks and so the bis surveyed 86 central banks whose national jurisdictions cover 82% of the world's population and 94% of global gross domestic product late last year on their involvement in CBDCs and intentions to issue one. It found that 15 retail and nine wholesale CBDCs could be in circulation by the end of the decade.

And actually, I think that's going to be a low estimate there. Really now you're looking at 24. Right. By the end of this decade. And we're already halfway through 2023. And we're only seven years away from 2030. Less than seven. This thing continues.

Go ahead, Danny. Yeah, in total, more than 90% of the world's central banks are either engaged in or experimenting with CBDCs, including connecting research, designing and testing prototype CBDCs and consulting with public and private stakeholders on the matter. this to you earlier that the um the middle eastern area specifically between saudi arabia and the united arab emirates they're experimenting with one cbdc for the entire region so like one arab digital currency and do you know which country will be the central bank for it sound like it'll be united arab emirates but uh they didn't confirm that because all the testing and all of the you know possible organization of it and what they were trying to figure out how are we going to um how are we going to organize it how are we going to execute this was all being done in their central bank united arab emirates so the uh that means uh like you know 1999 when the european union came out with the euro

the plan at that time was to consolidate the world into about 10 regions. And that's why George Bush began pushing for the Amero, the North American Union, to consolidate Canada, the United States and Mexico into one political entity with a common currency, the Amero. There was opposition. We fought it. We fought it. We stopped it. But there was also discussion that this would happen in Africa and the Middle East and Asia. So they've moved beyond, you know, the hard currency. They're going, we're just going to go for we're just going to go for digital money

so what i what i'm hearing from you eddie is that the the arab world will be one of the first regions of the world that will take this this plan to the next level and multiple countries will be sharing a single digital coin. They're definitely trying to, and they're making a lot of headway in that. Well, one country, just to show you how all these central banks are working, this is from Crypto Briefing. Monetary Authority of Singapore unveils programmable digital money plans. Underline that word programmable. Which means someone else besides you can turn it on and off, basically.

Look, guys, we already have digital money. I'm not going to ask you this question because you're too young. All right? He'll talk to the whippersnapper over here. Doc, when is the last time on a Friday when you got a paper paycheck in an envelope that you went to a bank on Friday night and deposited your weekly paycheck in a bank oh i have to do that in 2015 you did it yeah you actually got a paper check yeah from whom i mean i was well it was a corporation it was a retail store a retail they actually gave you a paycheck

music retail i'd work on commission okay and they actually paid you with the checks? Every Friday. Oh, wow. Okay. I'd have to run to the bank and get a deposit. You did it. Okay. Wow. For me, I'd have to say maybe the mid-2000s. Somewhere maybe around 2005 to 2007, somewhere in that window. So it was definitely before I went to Korea. Yeah. So what I'm saying is we've been using digital money for a long, long time.

I still remember the first time I used an ATM. I was 19 years old. And, you know, I still remember getting an ATM card from my bank and going to an ATM and looking at how magically money would come out of a machine. But we're way beyond that. I mean, but you're right. I hadn't even thought about that. It had to be around 2005, 2006. So we've been using digital money.

Sure. You can also make the argument that our money is already, to a certain extent, programmable. I mean, with the Canadian riots earlier, was it this year or late last year, when all the truckers went into Ottawa and parked, and then and then they just simply their bank account well they didn't well yes what they did is uh the money that had been donated to the canadian truckers was being held in a gofundme type of was it gofundme nothing one of those they were it was being held there so it wasn't as programmable as we're talking about it. It was digital money being held in somebody's account. They were the custodians. And then the

government said, give it to us. And the crowdfunding agency said, sure, you can have it. But programmable money is different. I was was thinking uh just how how things have changed in banking so i can remember as a child uh being with my granddad all right riding in his 1948 chevy coupe okay and he would go to uh theers and Merchant Bank, F&M, Farmers and Merchant Bank, and take his paycheck in and deposit it. And I can remember him coming out and getting in the car, and he had a little deposit book,

small little, it would fit in your pocket. Right. And I don't know why this is in my mind. I didn't fall and hit my head it's like you know memory jogs or something but i just had this memory but i can remember at least one occasion where he looked at it and said the teller did not i mean what they would do eddie is that they would hand write your deposit into your deposit book. In your little deposit book. All right, like a ledger.

It was a ledger. And they would initial it. And I can't remember my granddad. I was probably five, six, seven years old. I remember him getting in the car and looking at that and he goes, well, she didn't put her initials beside that deposit.

I don't have evidence that I put my money in there because they could say I wrote that in there. And he got out of the car, marched back into the bank and made that teller put her initials beside that. That deposit was probably $70, you know, at a time for a paycheck. But he made her her you have to put your initials beside that that's the proof that i put this money in the bank right okay that's how far we've we've come in in in a lifetime in banking where we're going now is programmable money that you will not have control over. We have digital money now, but it's not programmable.

They cannot turn it on and off. Programmable money, CBDCs, a government bureaucrat. The FBI could tell the Federal Reserve, we want to shut this person down. We want to lock them down that they can't leave town. Turn off their money. All their money. All their access.

Or restrict it to only food and basic necessities. Or they could say they can use the money within a 15-mile radius or a 15-minute walk from home. There's your 15-minute cities. That's what I mean. That's what I mean, Doc. They could put everybody into a 15-minute cities. That's what I mean. That's what I mean, dog. They could put everybody into a 15-minute city. Just with money?

Just with programmable money. Where are you going to go if your money disappears the moment you step over the line? Where are you going to go? It's like an electronic dog collar. Yeah. Hadn't thought about it that way, but yeah, you're right. You're going to be programmed. I can't cross this line.

My money becomes inoperable if I cross this line. That's so crazy. I hadn't thought about that. This is where they're going. This is where they think that they're going. This is what they're dreaming about. We have to resist it. Folks, we resisted the Amero. We resisted the North American Union. We stopped it. I was in the forefront of that campaign against tipped off about it. And I was living in Texas,

found out about it, and started talking about it. And over time, it spread all over the United States. People knew about the Amero. They had to give it up. They gave up the plan. We got to do the same thing with this plan. I'm not bothered about the digital money, because we've been using digital money. But I want the right to with this plan. I'm not bothered about the digital money because we've been using digital money, but I want the right to have real money. I'll use your digital money, but I want the right to have real money

and I don't consider your Federal Reserve banknotes real money because it has nothing behind it. But it's better than a programmable digital coin. I mean, at least if you have a stack of $100 bills they can't turn it off as long as the as long as the the central bank and the US government's functioning the hundred

dollar bill is still worth a hundred dollars they can't they can't turn it off but if you only have an invisible digital coin, it's programmable, they can turn it off. They could say you can't buy a firearm. You can't buy ammo. You can't buy ivermectin.

You see now how they're operating? They don't have to use propaganda anymore. They just turn off the money. The money works for this. It doesn't work for this. Yeah.

They will make the choice, they will make your choices for you. It no longer works for steak. It works for laboratory meat. Or bugs. Or bugs. works for steak it works for a laboratory meat or bugs or bugs it no longer works for organic vegetables it works for food that has vaccines inside of it now I have a question for you then could they do the same thing to a more

limited capacity with a FedNow system where they know it's your bank account coming from your bank institution going to an approved, let's say the state has identified who you are, they think, oh, he's a Republican or he could cause problems and he's trying to buy a firearm from Sig Saucer. Yes. Right now. And they could just say, hey, and just cancel through FedNow. Yes, they could. They they get blocked a transaction. So could they use FedNow as a way to condition the public or condition people of that kind of oversight? So when it comes to rolling out the CBDC, we're already used to that kind of oversight.

You're going to see this in the area of gun control. Anybody, red flag laws, anybody that's on the list, they're going to go buy a firearm and the Fed will not approve it. Now, for the time being, you can still use cash, but that will go away. Yeah, because as of right now, too,

just to take a look into your bank account or to your bank statement, they need to request that, get a warrant. Fed now... Oh, they don't even have to get a warrant remember the january 5th and 6th you're right doc the banks the banks gave it to them gave the information to the feds you're right all right so let's go on um coin geek cbdc's could end swift russia's central bank executive says

yes on the imposition of western bank backed economic sanctions first deputy governor of the bank of russia oga skora bogatova has expressed confidence in the country's ability to circumnavigate the existing payment embargo could you say it again skora bogatova all right so now it's my turn yes skora Bogatova stated that the country is throwing its weight behind a central bank digital currency saddled with cross-border payment features, according to a Forbes report. Since the invasion of Ukraine, global payment platforms excluded Russian banks from the service, making it a Herculean task for institutions to settle international transactions. And the main thing is to have agreements between two or more countries,

Gora Bogatova said. If there are such agreements, then the integration of digital currencies can really replace SWIFT, like we mentioned earlier, because payments and information on them will take place in a completely different settlement infrastructure than now.

But once again, you know, you have the ability to shut off these two different regions or different countries. So just because it eliminates SWIFT doesn't mean that it eliminates the ability to censor and to lock down either countries or even regions of the globe, let's say. But one thing, Doc, nations will no longer need SWIFT. SWIFT is now obsolete once these cbdcs are rolled out and we got 90 of the central banks of the world are working on a cbdc by the time the major countries have cbd. SWIFT is obsolete.

What do you need it for? Another question is, how is this going to impact BRICS? BRICS will have their own CBDCs. Yes. Yes. They're not going to cut off their transfer payments to themselves. They're just going to say, if the West doesn't want to do business with us, we don't need them. Who cares?

And there are several countries within the BRICS system that are developing their own. All right. So this next one is from a website, The Social World. Governments can now program CBDCs to restrict undesirable purchases and set expiration dates. How about that? Your money will have an expiration date. You must use it by a certain date or it goes bad, just like milk. Or those gift cards you get from Marshalls or something like that if you don't use it by a certain time. So governments can program central bank digital currencies with expiry dates and to restrict undesirable purchases,

according to a discussion at the World Economic Forum Summer Davos meeting in China. Now, this was back at the end of June, of course, but the WEF's 14th annual meeting of the new champions, also known as Summer Davos in Tianjin, China. Cornell University Professor Eswar Prasad said that we are at the cusp of physical currency essentially disappearing and that programmable CBDCs could take us to either a better or much darker place I'm betting on the darker place we had the video but we didn't somehow I didn't get out here but we did have a video of him saying it we'll we'll get it Monday? If we're still talking about this thing. But yeah, we did have a short video of him making that statement. The next one, this is Cointelegraph.

Eddie, your home country, Brazil. Oh, yeah. Brazil's CBDC pilot contains code that can freeze or reduce funds. What do you think? Let's go for it. I'll let you take it. I'm not surprised with Lula being president. He would. Anyway, I'm sorry, Doug. Well, go ahead. Well, a blockchain developer who claims to have reverse engineered the source code of Brazil's

pilot central bank digital currency has discovered functions in the code that would allow a central authority to freeze funds or reduce balances. So on July 6th, the source code of the Digital Brazilian Real Pilot Project was posted on GitHub portal by Brazil's central bank. It was explained at the time that the pilot project is intended for use only in a test environment and that the presented architecture may be subject to additional changes. So Pedro Magalhães, a blockchain developer and founder of tech consulting firm Lora Labs, later that day claimed to have been able to reverse engineer the open source code of Banco Central do Brasil Digital Hero, revealing functions in the code. Who would put the source code on github

somebody who wants it to be known but that's just stupid it is no it's really stupid but it could have been done you know surreptitiously too and so uh the functions included freezing and unfreezing accounts increasing and decreasing balances listen to that moving currency from one address to another and creating or burning digital rail or money from a specific address and so this you know basically it's not a conspiracy right not a conspiracy theory is it right so this actually worked in a real-life environment, even though it was a, quote, test. I don't believe it was a test. I believe someone put it out there to let people know this is what's going to be coming down the line. You could freeze and unfreeze bank accounts.

Change your balances. Change your balance. We've caught a few banks doing that the old-fashioned way. Increase and decrease balances. Move currency from one address to another create or burning digital money from a specific address right and everything that we're suspecting we're hearing now from developers this is absolutely true and what's excuse me and what's funny about this is that originally crypto

currency was created to obviously be decentralized, away from control. We have currencies like Monero or Bitcoin, which Monero is said to be completely untraceable. So what we see, I mean, there's a chance here for governments to take more control with this. And if we can get theirs to be adopted first widely. Okay, so, Doc, today, you know i'm training eddie and eddie works in my office a couple hours every day so i i gave eddie a a one hour video and made him watch it and pick out the best parts of this video now okay this this goes back to uh last year to october 19th or is it uh two years no three years ago three years three years ago it's october 19th of 2020 2020 and this was an

imf international monetary fund international monetary fund seminar and the speaker was augustin karsten who is the general manager of the Bank of International Settlements in Switzerland. And so I asked Eddie to pick out two or three really good statements here, because we're going to be talking a lot about digital money today. And here's a video where a central banker from switzerland is three years ago is telling us what the plans were so keep this in mind folks this what what you're going to see is three years old and if he said it three years ago then the technology and the plans were five to ten years old at that time. That's right.

Of course. What's the first segment we're going to see? Okay, so the first one he talks about how CBDC is not like cash and how we now have the technology to control it. So he starts off this by saying that some people are comparing this digital currency. So it's just like cash but digital. And he makes a point to say it's not like cash. It's completely different.

Not only do we have the technology to control it but we can again i mean he doesn't say program program it but what he's describing is we can completely program how we want people to use it does he use the word control i don't remember if he uses the word yes he does yes he does actually all right all right let's watch and listen now in order to our analysis on CBDC, in particular for the use of general, to the general use, we tend to establish the equivalence with cash. And there is a huge difference there. For example, in cash, we don't know, for example, who is using a $100 bill today. We don't know who is using a $1,000 bill today. A key difference with the CBDC is that central bank will have absolute control

on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those two issues are extremely important and that makes a huge difference with respect to what cash is. I forgot about Augustine Carstens, hadn't seen him around for a of years. So he said the central bank in Switzerland, that's not the Swiss central bank, this is the Bank of International Settlements, which is located in Switzerland, will have absolute control.

Well, they will have absolute control to control how we use that currency, but also to enforce it. And to enforce it. So they can have, i mean well whatever they you know maybe well what power do they have it's a bank exactly what what power do they have to enforce it well enforcement means laws and enforcement means force which means law enforcement right and when you have law enforcement you have police and or military so what does he know that we don't know

i mean three years ago he said we'll control it and we will enforce it there's the subtle enforcement by being able to turn it on and off but what they what he's implying is that there's going to be a heavy hand behind it uh and so this is, you know, and like you said, this is three years ago as well. Okay, what's next? Before we go to the next one for a contact as well, this was in the same conferences when they were talking about that unified era of digital currency.

So this was also three years ago. They'd already done a lot of the legwork and just seeing if the system could work or build that out. So that was being done in 2019. So who knows where they're at with that project. But the next clip we have is of the same gentleman, Augustine Carstens. And it is here, he's using an example

of a currency substitution in advanced economies and how somebody from an outside country can send money to the country that has substituted their currency to a digital currency. So his example is basically, if we're, let's say the US has adopted a CBDC and let's say a family member of mine from outside of the country wants to send me money, right? Normally it could be through Western Union or direct bank wire. I mean, private for all intents and purposes, right? But what he's describing is that if you want to do that with the CBDC, you have your central bank of the other country and our central

bank would have to approve of this transaction. So they'll have immediate information on knowledge. Anyway, let's watch the clip. For example, in the issue of currency substitution, if an advanced economy issues a CBDC and somebody in a third country wants to use it, it will require the consent of the central bank of the residence of that person. Therefore, the degree of control will be far bigger. All right. So, I mean, previously, like I said, it was typically a private transaction.

But now, I mean, the government's going to know every little, every dollar you send. So what I'm hearing is the Bank of International Settlements is actually the one that's supervising these central banks all over the world. 90% of the central banks are working on a CBDC. So it's all being coordinated by the Bank of International Settlement because they said they're going to control it. They're going to enforce it. So they're not allowing the other central banks to come up with their own plans. There's not going to be 180 different plans right there's gonna be one plan and it's going to be implemented across all cbdcs

um i think we have one more that we do and this last one is again the same gentleman but here he's talking about um he was the one who invented the innovation hub. And that is, well, he describes what it is. But what I found interesting in this clip is that he talks about how one of its purposes will be to work with the central banks of all the countries that have accepted it on how to develop and how to exploit public goods and use public goods to exploit them to help the central banks meet its mandate and to help fund or just help operate the central bank. Does he use the word exploit? Yes.

Yes, he does. That's interesting. That's a strong word. I'm not sure if it was a translation thing, if he was thinking about it in Spanish, but it doesn't come off as a friendly thing in English. It definitely, yes, and I think it was intentional. But maybe let's watch. Now we have three innovation centers, Singapore, Hong Kong, Basel, and we are going to open five with the partnership of DCB, with the Nordic Central Banks, with the Bank of England, Bank of Canada,

and a special partnership with the Federal Reserve System. Basically, our mandate will be to scope technology and identify which technological developments will be of importance or of essence of central banks in terms of payments, financial stability, and so on and so forth. And third, to create a network of experts just to keep central banks on the lead in these aspects. Okay, now the next one. This is the big one for today. I came across

a podcast interview. The podcaster is Ivor Cummins, but the guest is Professor Richard Werner. And Professor Werner is a highly educated, well-connected, well-respected economist. In fact, a lot of people say he's the father of quantitative easing, that he is the first person to use that phrase, quantitative easing.

Because in this interview, he said he wished he received a royalty for every time there was quantitative easing. But his resume is quite impressive. I mean, the point I'm making here is that Professor Werner is one of the most respected and well-connected economists in the world. He appeared on this podcast and it's a very fascinating podcast. I listened to the entire podcast. It was about an hour long. And he said a lot about the bankers. In fact, in 2001, he wrote a book called The Yen and Its Princess. I think that was the title. The Japanese Yen and Its Princess. Oh, my. You should hear what he said this is i've never heard of this book he said it was number one in japan in 2001

and it was beating out harry potter at that time in japan he described how the The ruling elite of Japan recruits young professionals to be trained in the running of the central bank. And at some point around the age of 30, they tap. One of them gets tapped, meaning one of them gets tapped meaning one of them gets designated and that person is told you will be the governor of the central bank in 25 years or whatever it is and then he's trained and he's trained he now his career is on track and he knows exactly if he does what he's told to do he will be the governor of the central bank 2003 he published that this is 2003 yes and the book title is princess of the yen by richard a werner yes werner i'm going to get the book because i'm so i was so fascinated by that part of the podcast but at the very end of the podcast

it's just like the last two minutes because throughout the podcast he's talking about cbdc's that's how i found it i was looking for information today about cbdc's and throughout the interview he he kind of weaves in and out talking about cb cbdc's but it's at the very end he makes this comment about something he was told by an unnamed central banker. This is stunning. Let's watch. But basically we need to set up new banks, and we think we can do that. If we act quickly now in the coming two years, we really need to get this going. Yes, the time is now. Call to action. Particularly for people of worth out there,

5 million, you know, or a couple of people together. And these can be set up, well, Ireland, British Isles, certainly legally. Absolutely. Or in Europe, in many countries. Also in each domicile, they should be locally set up and authorized by the local regulators. And it's a profitable investment. Banking is profitable. So the investors would get a return while the local community would get a return. And it's a way of delaying, perhaps even preventing the introduction of CBDCs. They have literally delayed their agenda

because I think it's so important to them. They've been very careful about the timing and they've, oh, let's wait a little longer. Let's wait a little longer. Let's have this crisis first, oh, let's have COVID first, you know, soften them up. But they've delayed because the technology was already ready around 2015 to roll out. And what people don't mention is what do these CBDCs actually look like? You know, at the moment, there's a bit of talk about this being phone-based apps. And yes, that is the initial phase. But what was already ready around 2015 is the ultimate goal,

what they really want. Apparently, I was told by a central banker, is CBDCs looks like a small grain of rice that they want to put under your skin Which is my view a violation of human dignity and they realize there is a hurdle so To get people to get people to accept this There will be you know, why suddenly all the billionaires saying let's have universal basic income Because the story is gonna be oh now we've got, now we've created this vast unemployment and disruption and crises. Well, we need universal basic income. You will get 2,000 euros into your account every month. But, of course, to run this efficiently, we need to use the latest technology.

So, you know, you need the CBDC chip implant. But how many people will say okay fine two thousand pounds two thousand euros okay when did it all comes around conspiracy theory becomes conspiracy that fact because we were talking about all the implants and everything mid 90s early 2000s, conspiracy theory, crazy, crazy talk out there. Now it's mainstream. The central banks are talking about it, talking about it with Oxford professors casually. This is where we're going with this. That's right.

And we witnessed it in 2020 in Barcelona, Spain at another Mobile World Congress convention. Eddie, our team, our True News team, went into a session in Planet Microchips. This is a conference of phone companies. But the session that we went into was sponsored by a major bank in Spain. There was a small audience. I would say there was probably seating for 100 people. And when we went in, it looked like everything was full, except there were like four seats on the front row.

And so the True News team, we went straight to the front row, and we got the front row seats. Now, guess what? They told us, you can't bring your TV cameras in. Now, this was a mobile phone conference, selling mobile phones, okay, and the greatness of mobile phone conference. Selling mobile phones, okay? And the greatness of mobile phone technology. Every mobile phone has a camera in it. A broadcast camera, mind you. Yes. That you can broadcast live.

Yes. Where they're talking about streaming. But we can't take a big... Honking TV camera in. We had to leave it outside. Okay. But we could go in with our phone camera. So we did.

And we got the front row seat. God arranged for us to have front row seat. They brought a man out on stage, took a seat. And in real time, they implanted a microchip in his hand. We watched it take place. Okay, then they brought another man out and they said,

this gentleman is going to transfer money to this man. And the transfer of funds took place. We have it on video. Why were phone executives interested in seeing a human being microchipped?

And why couldn't TV cameras come in? Because they got a sinister plan and they don't want the public to know about it we should pull that video out okay okay our guys oh my gosh you guys are so great there it is that's our video we are the only source in the world to have that video and you can see on the screen that's that's the man's hand

and so they implanted this little microchip size of a grain of rice and they were able to do a financial transaction within less than a minute right a minute or two and so and there's the name of the bank uh sabadell yeah it's i think it was spanish bank uh sabadell and so and i think this is the ceo of sabadell actually that was uh promoting this at the time so but they were able to do a transaction with within minutes of the implant and so um that's just showing you how easy it's going to be and as Professor Werner said if they're you know giving you an incentive let's say hey would you like an implant in your hand you're immediately going to

say well no what if we give you $2,000 a month. Okay. They're going to do it one way or the other or both ways. Incentives or fear? Either carrot or the stick. And they may use both, Eddie. Like COVID? Because he mentioned COVID. And they've tried both in COVID. Some of it was get $100 if you get

vaccinated. Get a cheeseburger. Free beer. Free donuts. And eventually it became if you don't get vaccinated, you're the reason why people are dying so they were your donuts so yeah so you they were doing both incentive and fear yes to drive the people to the i think and i i proposed this at least 20 years ago i said that the way that they will get rid of paper money and coins is to release a virus, a man-made biological warfare agent that is attached to paper money. And that they will say it's the dirty money that's circulating the virus. We have to collect it and burn it. Well, remember back at the beginning of COVID, they played around with that just a little bit.

Yes. And we were like going, are we getting ready to ramp up with this? And then they pulled it back. Yes. But they played around with that. It was either February or March of 2020. I remember that. yes so so what what will they do well one possibility is in the coming years they'll they'll release another man-made

virus and they'll terrify the world's population and say it's it's connected to paper money it's money that's transferring it it's it it this virus has some type of attraction to cash to cash you know it's cash turn your money in we're going to burn it to save the world and then you're going to go to a microchip don't worry you're not going to lose your money we'll give you digital money in exchange for it and so it's everything's cool. You might even get your vaccination with your microchip. You might get a twofer. All right.

So this is where they're taking us. And this is real. But the Bible, the Bible told us this 2,000 years ago that there would be a mark of the beast. And we're now at a place in time where they can implement it and enforce it. This is why this ministry is going into high gear to organize daniel 11 micro churches right we have to get organized we have to take care of each other and that means down at the grassroots level the

neighborhood level the block level county by county town town, we have to organize the body of Christ in order to survive through the times that are coming. And that's why we're making this major change in this ministry this summer. Those of you who have attended our Zoom call meetings, you know what we're talking about. This is why we're rolling this out. Because the Lord spoke to me back in 2007 and gave me a plan and said, have it done by 2030. Now 2030 makes sense to me. Right.

And it's not that far away. We're really close. But so is Jesus. So is Jesus. Amen. Jesus Christ is coming back. I was thinking, you know, we're less than seven years away from 2030. I think back seven years from today, we were just coming into this building.

Think about that. Where we're at right now. And the past seven years have just flown by. And so. Hey, guys, I'm going to get through some headlines really, really fast before we close, because I think we're already now we've got five minutes to go. OK, so number 31, President Biden approved the mobilization of military reserves. Yeah, this happened late yesterday, even while we were on set. According to an executive order issued by President Biden, up to 3000 select reserve forces will be mobilized to augment the armed forces and support what's being called Operation Atlantic Resolve. The operation aims to defend NATO's eastern flank in response to Russia's actions in Ukraine. The mobilization provides increased authorities, entitlements, and access to the reserve component forces and personnel,

reinforcing the U.S. commitment to allies and partners. But make no mistake about it, this is just the beginning of things. Yeah, and Robert F. Kennedy tweeted that he said president biden just called up 3 000 reservists to augment u.s troops in europe as part of operation atlantic resolve mr kennedy said i want people to understand what this troop mobilization is about it is about preparing a ground war with Russia. He gets it. Kennedy gets it. He knows where the where we're going.

Biden is now moving troops to Europe. Right. The first thing he does when he comes out of the NATO summit is to activate the IRR. The individual ready reserve. That's a good point, Doc. So some conversation happened this week in Villanous that said, I'm going to activate the IRR now. I came across something.

How did you find this? Doc, you know me. I look at real estate. All right. something i i look at how did you find this doc you know me i look at real estate all right in another um if i had another life i'd probably be a real estate developer okay um i just like real estate so i i get uh you know i get uh um stuff sent to me all day long you know on real estate so i can't so i'll show you where to go with this i'm gonna go back to an october 2022 article usa today okay archives agency transferred

30 million unclassified obama records to chicago all right so remember this is october 2022 where usa today is reporting this. 30 million. Yes. And President Trump made a, you know, he did some social media tweets about this and implying that President Obama was in possession of classified documents. And there was a lot of controversy about whether these are classified, unclassified. But 30 million presidential documents were sent to Chicago. It takes a big building to haul all that. Yes, it does, Doc.

And that's what I want you to see. This next slide is what I saw pop up on my computer screen today. And that is the National Archive Document Storage Facility for the Barack Obama Library is for sale. It's for sale. There it is. Hey, so now I got a couple questions first of all did the national archives specifically build that building for obama obviously not it looked like an older building okay so they bought it right so the national archives bought the building moved 30 million documents there to the building to the building where are they now well i would where are the documents are they at the presidential library i i don't know 82 000 square feet well that's an eight times the size of the building that

president obama earlier this year when that when they you know after they raided Mar-a-Lago, he said, no, I don't have the documents. They're in the archives building. I don't have them. Well, I'm going to take him at his word. He doesn't have them. So when did he say that? Well, right after Mar-a-Lago was raided. So that was August of last year?

No, this year. They got raided this year, didn't they? I don't know. I lost track. When did Mar-a-Lago get raided? I forget. Well, anyhow, the bottom line is this. 30 million records were in the National Archives in Illinois

in Chicago. Why is the building up for sale? And if it's for sale, that means it's empty, right? Well, you wouldn't let i mean if i wanted to go there and look at the building am i going to walk around and you know as a prospective buyer and all these presidential records are there right so they have to have emptied the building of 30 million documents why why why? That's my question. Why suddenly are they moving them?

Why? Why did they suddenly clear out that building? 30 million records. Why? Because they know people are looking. That's it. So it was raided August 8th of 2022. Was it really? It's been almost a year.

But still, even if it was August 8th, all right, let's move in 30 million documents, that's a Herculean task. But they just moved it there. They just moved there a couple years earlier. What motivated the National Archives to say, hey, this building that we just bought, and we moved 30 million documents, we've got to get this out of here right away.

Why? Because there's probably classified documents in there. Thank you, Doc. That's the way I see it. Let's do, Tucker Carlson held an event today. What was it? Was it a town hall? Well, it was the Iowa Leadership Conference sponsored by a Christian group up in Iowa called Family Leader.

And it was broadcast on Blaze TV. Tucker Carlson was kind of the emcee and host of the event. But boy, he was on fire today, Rick. Tucker Carlson 2.0 is something else to watch here. He basically interviewed several presidential candidates today, including Vivek Ramaswamy, Nikki Haley, Tim Scott, Asa Hutchison, and Mike Pence. His encounter with Mike Pence is going to be one for the record books. I mean, I've've never i don't know if mike pence has a career after today really yes i haven't seen this this is this is really

stunning uh tucker carlson really takes him to task so this very first clip that we'll watch here real quick uh is uh he confronts mike pence on mike p Pence's continued support for Ukraine in comparison to support of American cities. Watch this. January. We'll let somebody transfer some jets. I'm sorry, Mr. Vice President. Have you? I know you're running for president.

You are. Thank you. You are distressed that the Ukrainians don't have enough American tanks. Every city in the United States has become much worse over the past three years. Drive around. There's not one city that's gotten better in the United States. And it's visible. Our economy has degraded. The suicide rate has jumped. Public filth and disorder and crime have exponentially increased. And yet your concern is that the Ukrainians, a country most people can't find on a map, who've received tens of billions of US tax dollars,

don't have enough tanks. I think it's a fair question to ask, like, where's the concern for the United States in that? Well, it's not my concern. Tucker, I've heard that routine from you before, but that's not my concern. I'm running for president of the United States because I think this country is in a lot of trouble. I think Joe Biden has weakened America at home and abroad. That's not my concern. He goes on to say, I'm the president of the United States. I have to take care of both domestic and foreign matters. But it makes it

obvious that he has a higher priority on what he can do for foreign nationals, and in particular Ukraine. Now, the next clip here, we've done these stories, multiple stories on what's happening in Ukraine with priests being locked up and arrested and being held in caves and locked in and things like that. Obvious persecution is going on. Mike Pence, with a straight face and with his white hair, sat there and said to Tucker Carlson,

there's no Christian persecution going on in Ukraine. Doc, I just read today on European websites that the Ukrainian military is using physical force to drag priests and Christians out of the churches. Well, that's a lie, according to Mike Pence. I mean, that's all made up, Rick. That's all. There's no Christian persecution going on in Ukraine. He got it right from the Ukrainian authorities. They told him oh okay watch this that's the case you recently met with zelensky according to news reports and i'm wondering if during that meeting as a prominent christian

leader which you are in addition to your political views you broach the question of his treatment of Christians within Ukraine. The Zelensky government has raided convents, arrested priests, has effectively banned a denomination, a Christian denomination, the Ukrainian Orthodox Church within Ukraine, has persecuted Christians. And I wonder if you raised that with him. I did raise the issue when we were there. And I raised it with the leader of the Orthodox Church when I being utilized for the purpose of advancing the Russian cause in Ukraine and that they were they were taking steps to

hold them to account but the leader of the church at Saint Michael's in Kiev told me personally that he he believed that the Zelensky government was respecting religious liberty. And I must tell you, other than the sanctity of life, there's no higher priority in my life than preserving the freedom of religion in America and championing religious liberty around the world. I'm confused. On this question, it's very clear that the Zelensky government has arrested priests for having views they disagree with. That's not consistent with religious liberty. It's an attack on it. And we're funding it.

And I'm just wondering how is it. And I don't mean to be disrespectful at all. But I sincerely wonder how a Christian leader could support the arrest of Christians for having different views. Well, what I can tell you is I asked the Christian leader in Kiev if that was in fact happening. And he assured me that it was not. People were not being persecuted for their religious beliefs. You heard it right from Mike Pence. The Christian leader he's talking about is the one that Zelensky put into power.

Exactly right, Rick. He's got his stooge patriarch. They divided the church, and the United States was behind this, dividing the Orthodox Church of Ukraine. And they put their own puppet patriarch in the church. And Mike Pence knows it. I wouldn't get out of bed to vote for Mike Pence. No, I heard him personally twice misquote scripture i in in at christian conferences that man absolutely makes my toenails turn blue i'm serious i i i'm just sorry rick

tucker had uh several encounters with several candidates. We really don't have a lot of time going to all of them. He had another encounter with Pence regarding electronic voting machines. Pence was in favor of using electronic voting machines, continuing them. Tim Scott and really smoked Tim Scott out in saying, you know, Tim Scott came out as a huge supporter of increasing military aid to Ukraine. But Tucker called him out. Don't we have a bigger problem on the southern border here? But the one I really wanted to share with you is his encounter with asa hutchinson okay now most people don't even know asa hutchinson's running for president okay but he is and he showed up at this family leadership conference all these guys show up at these events thinking they're going to get the happy-go-lucky crowd and everything then tucker 2.0 shows up so uh

let's jump down number 41 uh control this is This is Tucker Carlson challenging Asa Hutchison on COVID vaccines. Watch this encounter. One of the powers that government did usurp over the past several years is the right to decide what medicine you take in the form of COVID mandates. How did you feel about that? And how many COVID shots did you take? And how do you feel about it now? In retrospect, how many COVID shots did you take? Zero. But I think it's fair. And I can see that you recoiled when I asked you that question. And I don't think honestly, you should be asking people about their medical care. But that became a matter of public policy. And I do think that the whole country ought to pause and assess, like, what did we just go through?

How do we feel about it now? And so it's a very straightforward question. Did he ever answer? No, he didn't answer. We know he's fully vaccinated. I mean, but for Tucker to come out, for Asa Hutcherson to come out and say, well, how many did you take? He didn't answer the question. And Tucker says, zero.

Now, that explains a lot about his relationship with Fox, doesn't it? It explains why he. And his exile to Florida. It's why he did his show out of his house. Right. Because he wasn't allowed in the Fox corporate headquarters unvaccinated. But I heard Newsmax is the same way. Yeah.

Newsmax fired or forced out one of their star anchor women because she wouldn't be vaccinated. You know, a lot of conservatives going over the news, Max. You're just setting yourself up for another big disappointment. So I watched, I didn't get to see Tucker's encounter with Vivek Ramaswamy. And I saw just a little bit of the encounter with Nikki Haley. But what I saw of the Mike Pence, Tim Scott, and the As of hutchinson segments um tucker is is going to poll better in iowa than those three guys i'm telling you tucker really has a shot not necessarily as president but as a vice president no i think i think as a president

but he listen he's in iowa this is i this is a conference in iowa these candidates come to iowa to campaign they were this was a campaign event for them tucker carlson won this today i mean really he did i mean he took took them all to town and this is the old-fashioned debates rick remember we now we just do these soundbite debates, but this was one of those old-fashioned encounters. I see one that we didn't do, the asking Mike Pence about the electronic voting machines. Yes. Was that a good one? Yeah, that's pretty good. So we can watch it. Just watch it, and that'll be our last one. I'm somebody that believes that you ought to be required to give a picture ID when you go in to vote. We ought to have voter ID in every state in America. But with regard to voting machines, I would tell you we had them in Indiana, but they in Indiana and elsewhere, they produce paper ballots.

Recounts were taken in states around the country. And I think it's absolutely essential that we do everything in our power to restore public confidence in the one person, one vote principle at the heart of this republic. Why not just get rid of electronic voting machines and call it a day and then we don't have to debate it. Well, I'm I would certainly be open to that. Is there a downside?

But what I believe, Tucker, is that states govern elections. States ought to conduct our elections. In fact, our founding fathers debated this at the Constitutional Convention. He was in favor of discussing that. And where is Mike Pence in the polls? Does he have 1%? He's low. A half percent?

Apparently, it was too late for us before we walked out here today. Mike Pence appeared at a campaign event in Iowa. And of course it's summertime there and everything hot in Iowa, you know. And as he's walking down the street, a kid throws a water balloon and hits Mike Pence in the head. Really? Yes.

So, I mean, that shows where he's at. You know what my fear is? As, what, in 2008, when John McCain ran? Nobody was for John McCain. No. Nobody wanted John McCain as president. And he ended up the Republican nominee. Nobody wants Mike Pence.

What scares me? Is he going to end up with the nomination? And then my toenails will turn blue. Oh my God. I've got to go home. It's Friday, Rick. I know, it's Friday. I don't want to think about Mike Pence

and my toenails. If he was president they'd be blue for four years think about that they'd probably fall off by the end of his term hey enjoy the weekend and enjoy your family

enjoy the Lord be with your Lord and spend time with him. Get into his word. Go to church. Watch News Zion. Yes. Got a message this weekend.

Yeah. You can have communion with us. And just be quiet this weekend. Be still. Be quiet. Be with your family. And we'll be back here on Monday with more news. God bless.

You have been listening to True News with Rick Wiles. Thank you for listening. To find out more information regarding the broadcast, including prayer and financial support, please visit our website at truenews.com. Our mailing address for all correspondence is True News, PO Box 690069, Vero Beach, Florida, 32969.