⚡️🇪🇺 WATCH - European Central Bank head Christine Lagarde admits that without CBDCs, central bankers risk becoming obsolete. "If we are not involved in experimenting, in innovating, in terms of digital central bank money, we risk losing the role of anchor that we have played for many, many decades." "We have historical examples of periods where the central bank monetary anchor was not there... That certainly was the case at the time of the free banking in the 19th century. Do we want to go back to those days? Probably not. I would say certainly not from our vantage point."

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juniper's avatar
juniper 6 months ago
She can go fuck herself with a Hermès scarf! #FuckTheEU #EndTheEU #FuckTheECB #EndTheECB #FuckLagarde !!!!!!
[Libertad] Difícil permanecer impasible frente a tanta maldad. Haz tu revolución. No necesitas más datos. Actúa. #libertad #technology #hola #HispaNostrs #hispano #español
FLASH's avatar FLASH
⚡️🇪🇺 WATCH - European Central Bank head Christine Lagarde admits that without CBDCs, central bankers risk becoming obsolete. "If we are not involved in experimenting, in innovating, in terms of digital central bank money, we risk losing the role of anchor that we have played for many, many decades." "We have historical examples of periods where the central bank monetary anchor was not there... That certainly was the case at the time of the free banking in the 19th century. Do we want to go back to those days? Probably not. I would say certainly not from our vantage point."
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FLASH's avatar FLASH
⚡️🇪🇺 WATCH - European Central Bank head Christine Lagarde admits that without CBDCs, central bankers risk becoming obsolete. "If we are not involved in experimenting, in innovating, in terms of digital central bank money, we risk losing the role of anchor that we have played for many, many decades." "We have historical examples of periods where the central bank monetary anchor was not there... That certainly was the case at the time of the free banking in the 19th century. Do we want to go back to those days? Probably not. I would say certainly not from our vantage point."
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PixelBob's avatar
PixelBob 6 months ago
Yes, I would prefer to go back to the old "gold standard" than whatever crap this bitch is selling. But we all know Bitcoin is the future.
Evil. That's what she is. To say that before the neo liberal global banking cartels took control over the world's economies was just "crisis after crisis" and we "wouldn't want to go back" That tells me everything I needed to know about this putrid scum.
They always knew Bitcoin was going to end the central bank That's the reason, they never said anything positive about Bitcoin Their arrogance won't allow them to step aside, so they will continue to fight and they will be forced to surrender View quoted note →
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Deleted Account 6 months ago
I am agreed to abolish central bank . We don’t need them.
Awesome, they finally admit they are useless as they are today. I’m just reminded of when Napoleon died when he wasn’t intended to. You know, despite foiling Baron Rothschild’s plan for power; Baron made the most of a bad situation: Upon the news of Napoleon’s defeat, Baron received a carrier pigeon informing him of Napoleon’s loss. In Paris at the time, he promptly hired a boat to bring him immediately to England despite treacherous waters to Great Britain. Now here’s where it gets crazy. He gets off the boat in England and immediately sells off all of his British National Securities. He starts a rumor that Napoleon HAD won and that he was going to be here soon. Out of fear, and following the lead of one of the greatest known investors, mostly all British would sell all of their Securities. Meanwhile, Baron hired his associates to buy all of these Securities for next to nothing. In one fell swoop, Rothschild increased his wealth 21 times over, overnight. And again, that’s with his original plan falling apart. Baron then used his power to forcibly reform the British Bank employing his own associates. And yeah, here we are now. The beast is having to reshape itself to survive. But a cornered animal is nothing to take lightly. These fucks are clever.
At least she admits that they (really) don’t want to lose control. By the way, The Bitcoin Standard and other books explain how central banking is the cause of problems, not the solution. When the world was on gold standard, there was plenty of peace, innovation and prosperity. That changed in 1914, when central banking took off to fund World War I.