Without us as citizens having voted on it, a global reset of the monetary system is being carried out (with US/FED in the lead) in which we (EU) are 'pulled' into a financial (blockchain) system of the G7
Without us as citizens having voted on it, a global reset of the monetary system is being carried out (with US/FED in the lead) in which we (EU) are 'pulled' into a financial (blockchain) system of the G7.
The dollar disappears as the world reserve currency. The new system is multipolar, i.e. there will be multiple world powers (G7, BRICS and rest) with multiple reserve currencies (China joined the IMF's SDR in 2016).
In 2008, the G20 countries called this new system 'Bretton Woods 2.0'. This money system is no longer 'unbacked' (without collateral) but 'backed' with collateral in the form of debts, gold and goods such as emission rights (e.g. CO2). The market interest rate (LIBOR/Euribor) had to disappear (so the Libor/Euribor 'manipulation' was invented and some traders were unjustly thrown in jail) and the so-called Securitized Overnight Financing Rate (SOFR) took its place. The ECB's transmission protection instrument (TPI) was introduced (Sept. 2022); in Worst Bank Scenario (June 2022) we call this Draghi's collateral counter.
A lot of new debt was (is) needed as collateral in this new system (such as the megalomaniac EU transition NextGenerationEU of EUR 800 billion, which is based on the 2007 Transatlantic plan between the EU and the US, but is being implemented under the guise of Corona). If it is up to the European Commission (read evaluation of the collateral directive of June 2023), emission rights such as CO2 will also be added.
The pension funds must also provide that coverage (collateral) (lending). Pension funds in the G7 are all switching from DB to DC system at the same time. The casino pension is the new revenue model.
This 'reset' comes with a loss of prosperity, well-being and freedom. Inflation is an example of this. Just like the lack of indexation of pensions.
The European debt union is near. Behind the scenes, thousands of billions in government guarantees have been provided to EU institutions/funds since 2008 (the Netherlands EUR 200 billion) and these guarantees are being replaced by EU debt. War is also (unfortunately) only a means to create new debts as collateral in that system. This has been the case for centuries, by the way. The United States of America was created with government bonds and the United States of Europe is now also being created. Undemocratic and at our expense.
What can politicians do? First stop the pension transition. Then file a report against (among others) the ECB and DNB. Not only against the fraudulent EU purchase program, but also against the Dutch collateral fraud committed through ABP and PFZW and against the malpractices in DNB's 2018-2022 financial statements (date of valuation of securities held for non-monetary purposes postponed by one day without explanation).
What can citizens do? Enforce democratic decision-making.