Is de-dollarization finally here? (Juni 2024) "A Russian commodities exporter told Reuters: "We don't care, we have yuan." According to the report, China's yuan has ousted the dollar to become MOEX's most traded currency, accounting for 53.6% of all foreign currency traded in May."
Gåvoekonomi – ekonomins ursprung?
av Aurora Ahlroos-Lilius 21 september, 2023
Hur fungerade handel före penningekonomin? Antropologer har lyft fram gåvornas ömsesidiga utbyte i något som kallats gåvoekonomi. Kan en ekonomi som bygger på sociala relationer snarare än ekonomiskt tänkande verkligen fungera? Burning Man, potlatch, öppen källkod som Linux och Wikipedia, rainbow gathering och blodgivning är alla exempel på former av gåvoekonomi
Iain Davis and Whitney Webb
June 5, 2023The United Nations claims that the purpose of Sustainable Development Goal 16 (SDG16) is to promote peaceful and inclusive societies and to provide access to justice for all. Hiding behind the rhetoric is the real objective: to strengthen and consolidate the power and authority of the "global governance regime" and to exploit threats—both real and imagined—in order to advance regime hegemony.
Many observers of financial technology have offered interpretations and discussion of potential use cases of programmable money.2 While such references to programmable money typically describe it as being enabled by distributed ledger technology (DLT) or blockchain systems, this is not universally the case, and the term remains ill-defined.3 Two natural components of the definition are a digital form of money and a mechanism for specifying the automated behavior of that money through a computer program (this mechanism is termed "programmability" in this note). However, it is not clear whether these components alone are sufficient for a definition, given that various combinations of similar technology for payments automation have existed for decades. It was only after the advent of public blockchain cryptocurrencies that the term "programmable money" became common parlance.4 So what is it about these new systems that has prompted the recent spate of references to the term, and does the answer somehow imply that DLT has to be a part of any "programmable money" system?
While the Federal Reserve has made no decisions on whether to pursue or implement a central bank digital currency, or CBDC, we have been exploring the potential benefits and risks of CBDCs from a variety of angles, including through technological research and experimentation. Our key focus is on whether and how a CBDC could improve on an already safe and efficient U.S. domestic payments system.
James Meadway , Jan 6, 2023. BlackRock thinks inflation will come down only if central banks ‘crush’ economies into a severe recession
The world’s largest asset manager has forecast systemic economic chaos. The reality is even worse
James Meadway , Jan 30, 2023. Are we seeing the collapse of the dollar-dominated global economy?
Financial shocks in recent years are forcing the global monetary architecture to change, say some economists
The EU Council formalised its position on the European digital identity at the Telecom Council meeting on Tuesday (6 December).
The European digital identity is intended to create a public version of digital wallets in each member state that can be used to identify, authenticate or verify certain aspects such as age in any other EU country.
These wallets will take the form of apps for smartphones. In the digital sphere, the EU’s ambition is to compete with the identification systems currently offered by Big Tech companies like Amazon, Google and Facebook.
“We are looking at a massive advancement in how people use their identity and credentials in everyday contact with both public and private entities, and in how they use digital services,” said Ivan Bartos, Czech Deputy Prime minister for digitalisation.
Den 26 november [2021] skrev Folk och Försvars generalsekreterare Maud Holma von Heijne under ett avtal med Bill & Melinda Gates Foundation vilket innebär en projektfinansiering till Folk och Försvar under en treårsperiod.
Frances Coppola, Forbes 30 June 2019: From a financial perspective, Libra seems fairly harmless. Even if all 2bn of Facebook’s users adopted Libra for some transactions, and all 90m of its small businesses used Libra for purchases and sales, it is not going to pose a major threat to the financial system, let alone replace sovereign currencies. But Libra is in reality a vehicle for bringing about Facebook’s wider aim of becoming the standard setter for digital identity. And that is a much, much bigger issue. Facebook is the last organization on earth that should have anything to do with digital identity or standards setting. For that reason, Libra must be stopped.
A currency war has been declared, ensuring that the U.S. dollar, Euro, Yen and many other state currencies are linked in a suicide pact. Printing money and endlessly expanding debt are policies that will erode the underlying value of every dollar in people’s wallets, as well as digital funds in their bank accounts. This new war operates in the shadows of the public’s ignorance, slowly undermining social and economic stability through inflation and other consequences of central control. As the Federal Reserve leads the rest of the world’s central banks down the rabbit hole, the vortex it’s creating will affect everyone in the globalized economy
By Ellen Brown
Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the....blockchain
Martin Hiesboeck:
[B]lockchain won’t just kill banks, brokers and credit card companies. It will change every transactional process you know. Simply put, blockchain eliminates the need for clearinghouse entities of any kind. And that means a revolution is coming, a fundamental sea change in the way we do business.
[Ellen Brown is an attorney, founder of the Public Banking Institute, and author of twelve books including the best-selling Web of Debt. Her latest book, The Public Bank Solution, explores successful public banking models historically and globally. Her 300+ blog articles are at EllenBrown.com. She can be heard biweekly on “It’s Our Money with Ellen Brown” on PRN.FM.]
A key element of the Fair-Coop vision is a cryptocurrency, Faircoin, which has been designed to adapt the block-chain technology of Bitcoin with a more socially constructive design.
by Philip S Golub
a slow shift towards a tripolar world monetary system no longer exclusively centred in the West
Despite worries over the end of the Chinese economic miracle and harder times because of the aftershocks of the 2008 financial crisis, global rebalancing is happening — and quickly. The International Monetary Fund's executive board announced on 30 November that the Chinese currency, the renminbi (RMB) or yuan, would soon be included in the basket of currencies that make up its Special Drawing Rights (SDR), beside the US dollar, the euro, the British pound and the yen. The decision recognised (...)