The pilot exercise will be launched in early 2023 and is expected to conclude around the end of the year. At the beginning of the exercise, the Board will publish details of the climate, economic, and financial variables that make up the climate scenario narratives.
The banks in the pilot exercise are Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo. In the coming months, the Board will provide additional details on how the exercise will be conducted and the scenarios that will be used in the pilot, according to The Federal Reserve's official government website.
According to the Dossier on Substack, this pilot program is big for the Fed and is really about a social credit system disguised as climate economics. The Federal Reserve has taken a major step in the direction of facilitating an ESG-compliant monetary network that effectively acts as a parallel system to that of the Chinese Communist Party's infamous social credit scoring system.
In other words, The Fed is working with the big banks to monitor their ability to comply with the ruling class's preferred enviro statist technocratic tyranny. The unaccountable people behind the American money printer claim that this exercise is "exploratory in nature and does not have capital consequences." What this means, is that the Fed is clearly leaning into the climate hoax narrative or the pseudoscientific idea that humans are catastrophically impacting the climate, but not because they somehow care about the environment. The climate narrative is the chief rhetorical facilitator for the ESG (Environmental, Social, and Governance) movement.
The ruling classes will need a central bank digital currency and a social credit system in order to make sure our enslavement is permanent. Once it's all controlled by them digitally, we will literally have no say in our own lives. If we allow this to happen, we will be on a technological artificial intelligence plantation we cannot escape. Ever.
Reader Comments
I hope people in the US, start a run on the banks. I wish I had faith that they will, but hope is all I can hope for.
All big banks were small at one time, alas, a bank is a bank.
Freedom to do and say is lost.
Slavery is the goal.
Comply....in all sectors.
The dark ages lurks
That means silver, with some copper and gold etc. In fact, any useful metals, or beads...
Completely.
To buy or sell will require your allegiences to the system itself, a new idolatry.
People NEVER needed money, money was just an obstacle to attaining that need.
You can swap money for food, but money will not sustain you, only the food will. So did you need food or money?
knowledge of YHWH is pure gold.
YHWH never intended on you purchasing your life from satan.
"I gave freely, so give!"
When did a financial institution ever acknowledge this?
Love of God, like mindedness and love for each others survival
Not for me though
I'm going to excercise my lawful "God given" rights.
I barter and have never been more happy. No contracts NO registering or Voting, havent owed taxes for same as I dont attach myself to or invite interference from satan and his ugly children, completely free once they pull the Internet. I have to be the example I never saw elsewhere.
I will have all the help a father would give to his own beloved son.
If this is implemented; ITS A WRAP!
ESG, FED & Bank of International Settlements have been aspiring to completely ENSLAVE the world by attaching a social credit system/digital currency with your access to basic Human Resources. This has to be fought tooth & nail!
word…
It has provoked every cockroach out of the kitchen cupboard as we are now seeing.
This helps distinguish between those who recieve mercy and those who get taken off to be burned.
Only fire can stop this level of evil.
Fire.
Holy Fire.