{"id":483,"date":"2023-04-22T14:55:10","date_gmt":"2023-04-22T12:55:10","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=483"},"modified":"2023-04-22T14:57:30","modified_gmt":"2023-04-22T12:57:30","slug":"imf-unveils-new-global-currency-known-as-the-universal-monetary-unit-to-transform-world-economy","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=483","title":{"rendered":"IMF Unveils New Global Currency Known As The &#8220;Universal Monetary Unit&#8221; To &#8220;Transform&#8221; World Economy"},"content":{"rendered":"\n<p>A new global currency just launched, but 99 percent of the global population has no idea what just happened.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>The \u201cUniversal Monetary Unit\u201d, also known as \u201cUnicoin\u201d, is an \u201cinternational central bank digital currency\u201d that has been designed to work in conjunction with all existing national currencies.<\/strong>&nbsp; This should set off alarm bells for all of us, because the widespread adoption of a new \u201cglobal currency\u201d would be a giant step forward for the globalist agenda.&nbsp; The IMF did not create this new currency, but it was unveiled at a major IMF gathering&nbsp;<a href=\"https:\/\/www.prnewswire.com\/news-releases\/the-digital-currency-monetary-authority-dcma-launches-an-international-central-bank-digital-currency-cbdc-301793163.html\">earlier this week<\/a>\u2026<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent&nbsp;crypto&nbsp;assets policy recommendations proposed by the IMF.<\/p>\n\n\n\n<p>Universal Monetary Unit (UMU), symbolized as ANSI&nbsp;Character, \u00dc, is legally a money commodity, can transact in any legal tender settlement currency, and functions like a CBDC to enforce banking regulations and to protect the financial integrity of the international banking system.<\/p>\n<\/blockquote>\n\n\n\n<p>As the press release quoted above indicates, this new \u201cUniversal Monetary Unit\u201d was created by the Digital Currency Monetary Authority.<\/p>\n\n\n\n<p><strong>So who in the world is the Digital Currency Monetary Authority?<\/strong><\/p>\n\n\n\n<p>Honestly, I had no idea until I started doing research for this article.<\/p>\n\n\n\n<p>The&nbsp;<a href=\"https:\/\/www.prnewswire.com\/news-releases\/the-digital-currency-monetary-authority-dcma-launches-an-international-central-bank-digital-currency-cbdc-301793163.html\">press release<\/a>&nbsp;says that the organization consists of \u201csovereign states, central banks, commercial and retail banks, and other financial institutions\u201d\u2026<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The DCMA is a world leader in the advocacy of digital currency and monetary policy innovations for governments and central banks.&nbsp; Membership within the DCMA consists of sovereign states, central banks, commercial and retail banks, and other financial institutions.<\/p>\n<\/blockquote>\n\n\n\n<p>Basically, it sounds like a secretive cabal of international banks and national governments is conspiring to push this new currency down our throats.<\/p>\n\n\n\n<p>We are being told that the \u201cUniversal Monetary Unit\u201d is \u201c\u2018Crypto 2.0\u201d, and <strong>those that created it are hoping that it will be widely adopted by&nbsp;<a href=\"https:\/\/www.prnewswire.com\/news-releases\/the-digital-currency-monetary-authority-dcma-launches-an-international-central-bank-digital-currency-cbdc-301793163.html\">\u201call constituencies in a global economy\u201d<\/a>\u2026<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The DCMA introduces Universal Monetary Unit as&nbsp;Crypto&nbsp;2.0 because it innovates a new wave of cryptographic technologies for realizing a digital currency public monetary system with a widespread adoption framework encompassing use cases for all constituencies in a global economy.<\/p>\n<\/blockquote>\n\n\n\n<p>I don\u2019t know about you, but this sounds super shady to me.<\/p>\n\n\n\n<p><strong>Of course the Digital Currency Monetary Authority is not the only one that has been working on a new digital currency.<\/strong><\/p>\n\n\n\n<p>The UK has also been working on one.<\/p>\n\n\n\n<p>The same is true for the European Union.<\/p>\n\n\n\n<p><strong>And would it surprise anyone that the Biden administration is touting the potential benefits of a \u201cdigital form of the U.S. dollar\u201d?&nbsp;<\/strong> The following comes from&nbsp;<a href=\"https:\/\/www.whitehouse.gov\/ostp\/news-updates\/2022\/09\/16\/technical-possibilities-for-a-u-s-central-bank-digital-currency\/#:~:text=If%20the%20U.S.%20pursued%20a,within%20the%20international%20financial%20system.\">the official White House website<\/a>\u2026<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>A United States central bank digital currency (CBDC) would be a digital form of the U.S. dollar. While the U.S. has not yet decided whether it will pursue a CBDC, the U.S. has been closely examining the implications of, and options for, issuing a CBDC. If the U.S. pursued a CBDC, there could be many possible benefits, such as facilitating efficient and low-cost transactions, fostering greater access to the financial system, boosting economic growth, and supporting the continued centrality of the U.S. within the international financial system.<\/p>\n<\/blockquote>\n\n\n\n<p><strong>I don\u2019t think that it is a coincidence that governments all over the western world are simultaneously developing CBDCs.<\/strong><\/p>\n\n\n\n<p>And the IMF has actually already put together an extensive handbook&nbsp;<a href=\"https:\/\/sociable.co\/government-and-policy\/imf-cbdc-handbook-central-bank-govt-rollouts\/\">\u201cto assist central banks and governments throughout the world in their CBDC rollouts\u201d<\/a>\u2026<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The International Monetary Fund (IMF) is putting together a Central Bank Digital Currency (CBDC) handbook to assist central banks and governments throughout the world in their CBDC rollouts.<\/p>\n\n\n\n<p>Published publicly on April 10, the \u201cIMF Approach to Central Bank Digital Currency Capacity Development\u201d report outlines the IMF\u2019s multi-year strategy for aiding CBDC rollouts, including the development of a living \u201cCBDC Handbook\u201d for monetary authorities to follow.<\/p>\n<\/blockquote>\n\n\n\n<p>A lot of people out there will cheer when these digital currencies are introduced.<\/p>\n\n\n\n<p><strong>But it is imperative to understand that once everyone is using them, your financial privacy will be almost totally gone.<\/strong><\/p>\n\n\n\n<p>Authorities will be able to track virtually everything that you buy and sell, and I am sure that they won\u2019t hesitate to use that information against you.<\/p>\n\n\n\n<p>Needless to say, the potential for tyranny in such a system is off the charts.<\/p>\n\n\n\n<p><strong>Can you imagine a world in which you are restricted from buying meat for a while because you have already used your \u201ccarbon credits\u201d for the month?<\/strong><\/p>\n\n\n\n<p>Your \u201cfinancial privileges\u201d could potentially be restricted at any time at the whim of a government bureaucrat, and if you are a big enough troublemaker you could be \u201cdeplatformed\u201d from the system permanently.<\/p>\n\n\n\n<p>Of course in order for such a system to have real teeth, cash and other forms of payment will need to be phased out, and that is precisely what is happening right now in Europe.&nbsp; The following comes&nbsp;<a href=\"https:\/\/www.europarl.europa.eu\/news\/en\/press-room\/20230327IPR78511\/new-eu-measures-against-money-laundering-and-terrorist-financing\">from the official website of the European Parliament<\/a>\u2026<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>To restrict transactions in cash and crypto assets, MEPs want to cap payments that can be accepted by persons providing goods or services. They set limits up to \u20ac7000 for cash payments and \u20ac1000 for crypto-asset transfers, where the customer cannot be identified.<\/p>\n<\/blockquote>\n\n\n\n<p>Ultimately, they will just keep lowering the limits until the use of cash is almost completely eliminated.<\/p>\n\n\n\n<p><strong>Everyone will be slowly but surely forced on to the new digital system, and it will be a system that they control with an iron fist.<\/strong><\/p>\n\n\n\n<p>And most people will willingly go along with it.&nbsp; These days, most people are just scraping by from month to month and one recent survey found that 70 percent of all Americans are&nbsp;<a href=\"https:\/\/www.cnbc.com\/2023\/04\/11\/70percent-of-americans-feel-financially-stressed-new-cnbc-survey-finds.html\">\u201cfinancially stressed\u201d<\/a>&nbsp;at this point\u2026<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Inflation, economic instability and a lack of savings have an increasing number of Americans feeling financially stressed.<\/p>\n\n\n\n<p>Some 70% of Americans admit to being stressed about their personal finances these days and a majority \u2014 52% \u2014 of U.S. adults said their financial stress has increased since before the Covid-19 pandemic began in March 2020, according to a new CNBC Your Money Financial Confidence Survey conducted in partnership with Momentive.<\/p>\n<\/blockquote>\n\n\n\n<p><strong>Most Americans simply do not care that these new digital currencies could open a door for great tyranny.<\/strong><\/p>\n\n\n\n<p>They just want to be able to pay the bills and take care of their families, and if our politicians tell them that this new system is good for the economy they will be all for it.<\/p>\n\n\n\n<p><strong>But those of us that are awake know that more globalism&nbsp;<a href=\"https:\/\/www.amazon.com\/dp\/B0BL644Y14\">doesn\u2019t lead anywhere good<\/a>.<\/strong><\/p>\n\n\n\n<p>Concentrating even more power in the hands of the international elite is always a bad idea, and hopefully we can start to get more people to understand this.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new global currency just launched, but 99 percent of the global population has no idea what just happened.&nbsp; The \u201cUniversal Monetary Unit\u201d, also known as \u201cUnicoin\u201d, is an \u201cinternational central bank digital currency\u201d that has been designed to work in conjunction with all existing national currencies.&nbsp; This should set off alarm bells for all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=483"}],"version-history":[{"count":2,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/483\/revisions"}],"predecessor-version":[{"id":485,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/483\/revisions\/485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/486"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}