by Michael Lord
One of the goals of the current policies being pursued by many governments, Wolff believes, is to destroy the businesses of small- and medium-sized entrepreneurs so that multinational corporations based in the United States and China can monopolize business everywhere. Amazon, which was led until recently by Global Leaders alumnus Jeff Bezos, in particular has made enormous profits as a result of the lockdown measures that have devastated the middle class.
Wolff contends that the ultimate goal of this domination by large platforms is to see the introduction of digital bank currency. Just in the past few months, China’s International Finance Forum, which is similar to the WEF, proposed the introduction of the digital yuan, which could in turn be internationalized by the Diem blockchain-based currency network. Interestingly, Diem is the successor to Libra, a cryptocurrency that was first announced by Mark Zuckerberg’s Facebook, indicating that a global currency that will transcend the power of either the dollar or the yuan, and managed through the cooperation of Chinese, European, and American business networks, is currently being discussed. The International Finance Forum’s supervisory board includes such names as the WEF’s Christine Lagarde; Jean-Claude Trichet, the former President of the European Central Bank; and Horst Köhler, the former Head of the International Monetary Fund.
Wolff further explains that the lockdowns and subsequent bailouts that were seen around the world over the past two years left many nations on the verge of bankruptcy. In order to avoid an economic catastrophe, the governments of the world resorted to drawing on 650 billion special drawing rights, or SDRs, which are supplementary foreign exchange reserve assets managed by the International Monetary Fund. When these eventually come due, it will leave these same governments in dire straits, which is why it may be that the introduction of digital currency has become a sudden priority – and this may have been the hidden purpose of the lockdowns all along.