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Powell Lays Out The Key Reasons Why The Fed Is Moving Toward Digital Dollars – by Tyler Durden – https://www.zerohedge.com/markets/fed-chair-powell-lays-out-key-reasons-why-fed-moving-toward-digital-dollars – ” ‘Let me quote again from Charles I. Plosser’s warning in 2012: “Once a central bank ventures into fiscal policy, it is likely to find itself under increasing pressure from the private sector, financial markets, or the government to use its balance sheet to substitute for other fiscal decisions.” With a flick of the digital switch, CBDCs can enable policymakers to meet, or cave in to, those demands – at the risk of igniting an inflation conflagration, abandoning what little still survives of sovereign fiscal discipline and who knows what else. I hope the leaders of the world’s central banks will approach this new financial technology with extreme caution, guarding against its overuse or outright abuse. It’s hard to be optimistic. Soon our monetary Pandoras will possess their own box full of new powers, perhaps too enticing to resist.’ – Bill Campbell… We bring all this up because earlier today, hot on the heels of recent announcements by both the ECB and BOJ which recently discussed their ongoing preparations to launch digital currencies, Fed Chair Jerome Powell spoke at a panel focusing on Cross-Border payments hosted by the IMF during its annual meeting, in which he said that the central bank hasn’t made a decision to issue a digital currency, citing the need for further work and “extensive” public consultation with stakeholders before doing so… ‘It’s more important for the United States to get it right than to be first,’ (Powell said) adding that ‘we are committed to carefully and thoughtfully evaluating the potential costs and benefits of a central bank digital currency for the U.S. economy and payments system. We have not made a decision to issue a CBDC.’.. And while one would be temped to interpret Powell’s statement as one of skepticism that Digital Dollars are coming, we believe this is misplaced with Powell emphasizing that ‘80% of central banks around the world are exploring the idea.’ ”
Will The Stock Market Be Dragged To The Guillotine? – by Charles Hugh Smith – https://www.zerohedge.com/markets/will-stock-market-be-dragged-guillotine – “The belief that the Federal Reserve and its rigged-casino stock market are permanent and forever is touchingly naive. Never mind the existential crises just ahead; the financial “industry” (heh) projects unending returns of 7% per year, or is it 14% per year? Never mind the details, the Fed has our back and since the Fed is forever, so too will be the gains for everyone playing the rigged games in the Fed’s casino… What makes this presumption so childishly naive is the tides of history are about to sweep away the era of central banks, their fiat currencies and their rigged casino markets. That the global citizenry might realize these are all forms of financial tyranny doesn’t occur to to the Financial Aristocracy, which has luxuriated in the neofeudal dominance of finance–the modern-era equivalent of Monarchy and the rights of royalty... With FedNow, the Fed will be able to create trillions of dollars out of thin air and distribute the trillions directly into household accounts at the Fed. The idea here is that an economy that is no longer financially viable can be propped up indefinitely by Fed free money; all we need to do is bypass the obsolete private banking sector (sorry about that, buckos) and the equally obsolete shards of totalitarian democracy (Congress, the presidency, etc.) and stave off the revolt with endless free money… That endless free money stripped of the last vestiges of discipline will stoke an inflationary death spiral–well, we’ll worry about that tomorrow. The irony here is the Fed is only accelerating the demise of central banking, fiat currency and its rigged-casino stock market with its FedNow scheme to maintain its financial tyranny.”
Black Lives Matter co-founder Patrisse Cullors lands Warner Bros. TV production deal – by Meg James – https://www.latimes.com/entertainment-arts/business/story/2020-10-15/black-lives-matter-patrisse-cullors-warner-bros-production-deal – “Black Lives Matter co-founder Patrisse Cullors has signed an overall production deal with Warner Bros. Television Group to create original programming that raises Black voices on streaming services and traditional TV channels… The multiyear agreement, announced Thursday, represents Cullors’ first overall production deal with a Hollywood studio. Building on her political activism, the Los Angeles native plans to work with the studio to develop scripted dramas and comedies, docuseries and animated programming for children, young adults and families…” (underlined emphasis added) – Comment: Cullors is openly on the record as an avowed and specifically trained Marxist agent. One of Cullors’ BLM cofounders, Alicia Garza recently partnered with the CCP-linked group (i.e. a CCP agency), the “Chinese Progressive Association,” to fund lobbying operations in America. So this cadre of “change agents” now have a MULTI-YEAR propaganda megaphone to create “progamming” for young Americans unfortunate enough to want to watch U.S. commercial TV.
White House Health Adviser Censored by Twitter After Face Mask Tweet – by Andrew West – https://libertyhub.com/white-house-health-adviser-censored-by-twitter-after-face-mask-tweet/ – “Over the weekend, Twitter again made a controversial disciplinary decision, this time against a member of the White House’s coronavirus task force. .. Twitter removed a tweet on Sunday from one of President Donald Trump’s top coronavirus advisers, which said that masks do not prevent coronavirus spread…The tweet was replaced with a notice which said, ‘This tweet is no longer available,’ adding a link to Twitter’s rules and policies explaining why certain posts are removed…The now-deleted tweet, posted by Dr. Scott Atlas on Saturday, according to NBC News, read, ‘Masks work? NO: LA, Miami, Hawaii, Alabama, France, Phlippnes, UK, Spain, Israel. WHO:”widesprd use not supported” + many harms; Heneghan/Oxf CEBM:”despite decades, considerble uncertainty re value”; CDC rvw May:”no sig red’n in inflnz transm’n”; learn why.’.. Atlas wrote in a second tweet that day that the “right” policy is Trump’s guideline: ‘use masks for their intended purpose, when close to others, especially high risk. Otherwise, social distance. No widespread mandates.’ ”
Britannic Impunity: The UK Overseas Operations Bill – by Dr. Binoy Kampmark – https://southfront.org/britannic-impunity-the-uk-overseas-operations-bill/ – “Veterans minister Johnny Mercer had his lines in order, and they were not particularly convincing. “This legislation is not about providing an amnesty or putting troops above the law but protecting them from lawyers intent on rewriting history to line their own pockets.” For Mercer, Britannia is exceptional, a cut above the rest, suggesting, in the lingering wisdom of British imperialism, that they are just a bit more exceptional in hypocrisy than others… The Bill has a particularly odious provision that serves to impose a five year time limit on prosecuting crimes that span offences committed by UK personnel while serving in overseas theatres, including a whole range of reprehensible offences, potentially including genocide, crimes against humanity and war crimes. Operations “dealing with terrorism” and peacekeeping endeavours will also be covered… What is being proposed is, in effect, a statute of limitations on grave criminality, a presumption against prosecution. Out with such solemn declarations that genocide is so reprehensible a crime as to defy time itself. In with more practical, paperwork limitations shielding abuses from legal review… To round it all off, Part II of the Bill also adds a time bar on civil claims against the Ministry of Defence by both survivors of torture and UK soldiers themselves who might have a grievance with their employer. Claimants will also be barred by the time limit despite being unlawfully detained or impeded in bringing forth their actions.”
And So it Begins – YouTube Purges THOUSANDS of Channels to Silence Dissent – by Brian Shilhavy – https://healthimpactnews.com/2020/and-so-it-begins-youtube-purges-thousands-of-channels-to-silence-dissent/ – Comment: 1984 was not intended as a guidebook..
“Guillotines, Motherf*cker”: Colorado Democratic Committee Member Caught On Hidden Camera Talking Violent Revolution – by Tyler Durden – https://www.zerohedge.com/political/guillotines-motherfcker-colorado-democratic-committee-member-caught-hidden-camera – Prominent Colorado Democrat Khristopher Jacks, who sits on the executive committee for the state’s Democratic party and chairman of leftist organization “Our Revolution” was caught on undercover footage by Project Veritas promoting a violent agenda for far-left Democrats if President Trump wins in November... ‘I am going to do everything morally acceptable to win. I will lie. I will cheat. I will steal. Because that’s morally acceptable in this political environment. Absolutely. We are pirates on a pirate ship,’ said Jacks, who functions as trainer, mentor and on-the-ground quarterback at Our Revolution protests… ‘I want to make this point very loudly and very clearly. I said it nicely before, but I’ll say it more curtly now. 2020 is a political revolution,’ he added… If Trump wins the November election, ‘I’m gonna be in my garage, right next to my gun safe, all night long, on the 3rd, because that is how seriously I take this stuff,’ said Jacks… Jacks claims the left is “armed and ready to go” in the event of civil war, adding ‘there’s a reason you guys feared the Communists more than you feared the Nazis.’ ” – Note: Mr. Jacks deleted his Twitter account within an hour of the release of Project Veritas’ report, and has been suspended from the Executive Committee of the Colorado Democratic Party.
Bill Gates Warns “World Won’t Return To Normal” Until “Second Generation” Of COVID-19 Super-Vaccines Arrives (with full 27 min <nauseating> interview of gates by NBC) – by Tyler Durden – https://www.zerohedge.com/geopolitical/bill-gates-warns-world-wont-return-normal-until-second-generation-covid-19-super – “As the number of trial halts involving experimental COVID-19 vaccines and therapeutics grows, public policymakers, the scientific community, and billionaires like Bill Gates are becoming increasingly worried about an issue that analysts from Goldman Sachs raised in a recent research note, where they warned that the biggest obstacle to eradicating COVID-19 could be convincing everyone to take the vaccines.… So after doing his part to sow doubt about the reliability of President Trump’s FDA, Microsoft founder Bill Gates is now doing a series of interviews to tout his foundation’s collaboration with the WHO (which aims to provide vaccine doses to everyone in need across the developing world) and urge his audience to stop worrying and accept the vaccine, as soon as it’s available (for the record, Gates said recently that he expects vaccines to be widely available by the end of next year, though he qualified that by acknowledging that the efficacy of vaccines is still unknown)… In an interview with NBC news last night, Gates warned that the world “won’t return to normal” until “a lot of people” take a second “super-effective” coronavirus vaccine that could be years away… ‘The only way we’ll get completely back to normal is by having, maybe not the first generation of vaccines, but eventually a vaccine that is super-effective, and that a lot of the people take, and that we get the disease eliminated on a global basis,’ said Gates… We won’t be able to “build back in a positive way” until then, Gates said.”
Antifa Is Real, It’s Violent, And You Need To Plan For It… – by Simon Black – https://www.zerohedge.com/political/antifa-real-its-violent-and-you-need-plan-it – “Hundreds of people dressed in all black, covered their faces, and armed themselves with shields and nightsticks. They marched their way through the city, smashed windows, and forced any witnesses to stop filming and delete photographs… A man who filmed from his apartment’s terrace had lasers shined in his eyes and was doused in some sort of liquid… The protesters tore down statues of Teddy Roosevelt and Abraham Lincoln. They smashed the windows of the Oregon Historical Society building, and unfurled a banner that said “stop honoring racist colonizer murderers.”.. Police did not even attempt to intervene until the rioters had been on the streets for hours and had already caused havoc and destruction… (Ironically, much of the mainstream media still refuses to acknowledge that this group ‘antifa’– the fascists who call themselves anti-fascists– even exists.).. It’s obvious that a small, fringe, ideological minority has started to take control.”
Turkey Deployed Large Armored Force In Syria’s Greater Idlib (Video) – https://southfront.org/turkey-deployed-large-armored-force-in-syrias-greater-idlib-video/ – “A commander in the Syrian National Army told Jesr Press that the deployment of Turkish reinforcement is a protective measure… ‘The Russians usually initiate military operations in the winter. As a matter of being prepared for any eventuality, we, with our Turkish allies, are taking all kinds of preventive measures,’ the commander, whose name was not mentioned, said… Greater Idlib appears to be heading to a new escalation. Earlier today, a series of Russian airstrikes wiped out several training camps and headquarters of al-Qaeda-affiliated Hay’at Tahrir al-Sham, which control the region… The Turkish military has a large, heavily-armed force deployed in more than 60 fortified posts throughout Greater Idlib. Air-defense systems were also installed there.”
All It Takes Is a Spark: Syrian Wildfires Turn Olive Trees into Ashes – by Steven Sahiounie – https://www.globalresearch.ca/syrian-wildfires-turn-olive-trees-ashes/5726534 – “Latakia: Friday morning in the coastal city of Latakia, Syria seemed normal at first. Even though the October weather was still far hotter than normal, not many noticed the unusually strong winds wiping through the countryside, filled with olives, citrus, and various fruit and nut trees. The usual cooler, humid breezes blowing eastwards from the Mediterranean were replaced by a westerly wind blowing out to sea in a sudden reversal of normal weather patterns… The olive trees were heavy and ready to be harvested. In a usual year, there would already have been at least one prior drenching rain, and that last rain before harvest adds moisture to each olive. However, this year was different, as global climate change took deadly hold in the eastern Mediterranean region… Syrians face the ongoing COVID-19 pandemic, economic despair, lack of electricity, severe gasoline shortages, and now the loss of olive crops which not only bring income but are a traditional food source for farming families along the Syrian coast… The Ministry of Agriculture had previously expected to produce 850,000 tons of olives this season from more than 87 million trees, said Engineer Muhammad Habu in August. Possibly more than 9,000 hectares of forests and agricultural lands burned between Friday and Saturday, while three people had died due to the fires, and 70 were treated at local hospitals with breathing difficulties.”
Biochemistry Debunks Corona (50 min) – from SpaceBusters Youtube channel – Health is largely a matter of the ways we live…
Surprising science — There’s no such thing as clean energy – from the Center for Environmental Research & Earth Sciences – https://medium.com/@ronan_51814/surprising-science-theres-no-such-thing-as-clean-energy-9f6f02081c0 – “A meticulous new review published in the scientific journal, Energies, conducted by a team of Irish and US-based researchers including CERES researchers, raises surprising and unsettling questions about the feasibility and the environmental impacts of the transition to renewable energy sources. Concern for climate change has driven massive investment in new “green energy” policies intended to reduce greenhouse gas (GHG) emissions and other environmental impacts from the fossil fuel industry. The world spent US$3,660 billion on climate change projects over the eight-year period 2011–2018. A total of 55% of this sum was spent on solar and wind energy, while only 5% was spent on adapting to the impacts of extreme weather events… The researchers discovered that renewable energy sources sometimes contribute to problems they were designed to solve. For example, a series of international studies have found that both wind and solar farms are themselves causing local climate change. Wind farms increase the temperature of the soil beneath them, and this warming causes soil microbes to release more carbon dioxide. So, ironically, while wind energy might be partially reducing human “carbon emissions”, it is also increasing the “carbon emissions” from natural sources.”
Opaque, Unaccountable: Dangers of the New COVID Bio-Security Complex – by Patrick Henningsen – https://21stcenturywire.com/2020/10/13/opaque-and-aloof-dangers-of-the-new-covid-bio-security-complex/ – “Just as with the global war on terror, governments have now erected an entirely new level within the ever-expanding national security state. In the UK, it’s called the Joint Bio Security Centre (JBC), formed in July, and already a £9 billion operation. Expect that number to grow substantially as the security complex discovers new and more complex systems required to keep pace with a new global bio surveillance and biological arms race… ‘Led by a senior spy, the JBC does not publish details of its deliberations, the sources of its evidence or its key personnel. Nevertheless, its advice to ministers is understood to have guided recent decisions on where to enforce the local lockdowns affecting millions of people across the country,’ said The Telegraph.… Is COVID really so deadly that the state needs to reconfigure all of its public health agencies under a new command and control hierarchy? Indeed, many asked the same question about al-Qaeda 20 years ago.” – Comment: Very good information and analysis of the further roll-out of the Public Health Tyranny in the UK, by Patrick Henningsen of 21st Century Wire
Virus Could Push 150 Million People Into Extreme Poverty – by Tyler Durden – https://www.zerohedge.com/personal-finance/virus-could-push-150-million-people-extreme-poverty – “According to the report, for the first time in two decades, the virus pandemic, compounded by the effects of climate change, are slowing poverty reduction progress, resulting in an additional 88 million to 115 million people falling into extreme poverty this year, with total estimates of 150 million in 2021, depending on the economic recovery shape… The biennial Poverty and Shared Prosperity Report defines “extreme poverty” as living on less than $1.90 per day, which is likely to affect between 9.1%-9.4% of the world’s population this year. With the world’s poverty rate expected to rise this year, it would mean extreme poverty is at 2017’s 9.2% level, marking the first rise in the poverty rate in two decades. The rate was expected to drop to 7.5% by 2021 before the coronavirus pandemic.” – Comment: Let’s just be frank for a moment: It’s not the “Virus” that is doing the pushing. It’s the demonstrably demented responses of the Pathocrats with their edicted shutdowns.
Australian Media Finally Calls Out Davos ‘Great Reset’ Agenda – by Patrick Henningsen – https://21stcenturywire.com/2020/10/12/australian-media-calling-out-davos-great-reset-agenda/ – “This week, Sky News Australia contributor and former Australian Senator Cory Bernardi, tore open the debate on COVID after calling out a globalist agenda which few in mainstream media have dared to mention so far… Since lockdowns began in March of 2020, few have challenged the government rationale for voluntarily imploding their economies and destroying communities and societies – based on a guess that coronavirus might kill tens of millions of citizens… However, Bernardi believes that the COVID-19 pandemic hysteria is being used as the Trojan horse for a globalist agenda hatched out of the World Economic Forum in Davos. It’s called The Great Reset, and its designed by elite billionaires supposedly to bring about ‘social and economic change.’.. ‘There is something unusual about the continuing pandemic panic,’ said Bernardi… ‘Medical experts now acknowledge that lockdowns don’t work….Now none of that makes any sense until you open your mind to consider if there is another agenda at work.’ ”
Which Came First: Loans Or Deposits? An Unexpected Answer From JPMorgan’s Balance Sheet – by Tyler Durden – https://www.zerohedge.com/markets/which-came-first-loans-or-deposits-unexpected-answer-jpmorgans-balance-sheet – “While we will update this analysis when we get the deposit and loan data from the remaining money-center banks such as BofA and Wells later this week, the pattern is clear: there are now far more deposits than there are loans in the US banking system… This is a problem because most conventional monetarists will argue that loans always come first, and only then do banks receive deposits. Well, clearly that’s no longer the case, and on its surface, the JPM data would suggest that the conventional process of deposit creation via loans is terminally broken.”
Yet another case of the missing virus; they lied and locked down the world – by Jon Rappoport – https://blog.nomorefakenews.com/2020/10/13/yet-another-case-of-the-missing-virus-they-lied-and-locked-down-the-world/ – “I’ve been exposing the fact that the CDC, in July of this year, admitted, in a document, that… They didn’t have the SARS-CoV-2 virus. It wasn’t “available.”.. This means they couldn’t obtain an isolated specimen of the virus. There is only one reason why… The virus hasn’t been isolated. And THAT means no one has proved it exists… And now, I’ve discovered ANOTHER key document. This one apparently formed the basis for the first PCR test aimed at detecting the COVID virus all over the world… READ WHAT THIS STUDY SAYS. These quotes should be engraved in stone above the entrance to a museum dedicated to the history of medical fraud… ‘We aimed to develop and deploy robust diagnostic methodology for use in public health laboratory settings without having virus material available.’.. TRANSLATION: We want to develop a test to detect the new COVID virus without having the virus.”
Our Simulacrum Economy – Not Fake, But Profoundly Unstable – by Charles Hugh Smith – https://www.zerohedge.com/markets/our-simulacrum-economy – “Contrast this authentic form of capitalism with the monopoly-finance-state version we inhabit, a simulacrum of authentic capitalism that retains enough superficial similarities to the original that the vast majority of participants don’t even realize that their experience of this simulacrum is entirely different from an experience of authentic capitalism… Rather than draw benefits from this hyper-real monopoly-finance-state version, the vast majority of participants are exploited, as the value of their labor and capital is extracted by the simulacrum version of “capitalism” which divvies up the extracted value between the monopolies / cartels who control most of the valuable economic activity, the financial sector that parasitically feeds on the real economy and the state, which extracts wealth to feed its vast network of dependents, enforcers and minders of the entire system… In this hyper-real simulacrum, a vast fortune is never more than a couple of stock gambles, TikTok clips or YouTube videos away. Or for those wary of the casino, the enormous mortgage taken on for life promises access to the riches of the Everything Bubble… In the hyper-real casino, everyone has access to the terrors of losing, but only a few know the joys of the rigged games that guarantee a few big winners by design and a fortunate few who stumbled into the game at a propitious moment.”
Is Warren Buffett the Wallet Behind Black Lives Matter? – by Sean Cooper – https://www.tabletmag.com/sections/news/articles/warren-buffett-black-lives-matter – “If all these organizations and layers of administration seem a bit confusing and opaque, that is the point. Shuttling Black Lives Matter over to the Tides Network does more than shield Thousand Currents from intense inquiry. It allows BLM to join a massive repository of projects that can be administered behind extra layers of protection in the form of donor-advised funds, which allow donors to anonymously fund projects while still reaping tax benefits, and multiple organizational shells which include the Tides Network, Tides Center, Tides Foundation, and a slew of other incorporated nonprofit shell organizations which are housed within a single institutional silo. There, they are overseen by a small band of executives who operate with virtually no outside scrutiny—and can coordinate and leverage the political, social, and financial opportunities that these projects create for whatever forms of gain their donors decide to prioritize.”
Bill To ‘Combat Biodiversity and Climate Crises’ Fails in the Legislature, but Resurrected as Executive Order – Gov. Newsom issues Executive Order so similar to failed climate bill – by Chris Micheli – https://californiaglobe.com/fr/bill-to-combat-biodiversity-and-climate-crises-fails-in-the-legislature-but-resurrected-as-executive-order/ – “Two bills would have established new land, water, and ocean protection goals, including to protect 30 percent of the state’s land areas and water by 2030… Assembly Bill 3030, by Assembly Member Ash Kalra (D-San Jose), as well as AB 2954, by Assembly Member Robert Rivas (D-San Benito), passed the State Assembly but was held on the Senate Appropriations Committee’s Suspense File in mid-August and therefore failed passage in the recently-concluded 2020 Legislative Session. Nonetheless, on October 7, Governor Newsom issued EO-N-82-20 which sounds very similar to the provisions of AB 3030.”
European Oil Companies Will Not Tolerate Poland’s Attempt to Cancel Nord Stream 2 – by Paul Antonopoulos – https://www.globalresearch.ca/european-oil-companies-not-tolerate-poland-attempt-cancel-nord-stream-2/5726344 – “Poland plays the main role in trying to cancel Nord Stream 2 and the decision by UOKiK is just another push to finally get Europe to abandon the pipeline project. According to a joint declaration by France and Germany, measures are currently being prepared for those alleged to be responsible in the Navalny case and their participation in the so-called Novichok program… Despite these measures, Western Europe is bringing its energy project which is important for its own future out of the danger zone, while Poland is attracting even more displeasure from EU giants through its own operation. A penalty against Gazprom may be a Russian problem, but fines against leading corporations from Germany, France, the Netherlands, Great Britain and Austria are guaranteed to leave many of Europe’s biggest capitalist angered. The effort Warsaw is making to thwart Nord Stream 2 is visibly turning opposite to what they expected as there is little doubt the Nord Stream 2 project will come to fruition and completion.”
The Brief: Will President Trump contracting the Coronavirus affect the US presidential election? (34 min) – Jeffrey Tucker demolishes MSM Lockdown defender.