The pieces were put in place back in 2014 through the G20’s Bank Bail-In Law when it was decided that the money in your bank account is fair game for the taking when things go bad. Now that the Bank of International Settlements has unveiled its Universal Ledger, it will lay the foundation for the BIS to have absolute control of the rules and regulations, at least according to its Director General.

As the push for CBDCs intensifies, it becomes imperative to understand the mechanics of how they work, what they do, what they prevent you from doing, and how they might roll them out to the public. As Mark Carney lays out his vision for the three pillars of a multi-polar world which combine CBDCs, ESG, and a Digital ID, the general public should be aware of where things are heading, and figure out how to stop it before it is too late.

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