Russia to have a ‘digital ruble’

by Alison Ryan

In this world’s economy the lust for power to rule makes war a mockery of its true intent.

There’s always been wars fought for a purpose and to defend freedoms against aggressors.

Where diplomatic talks fail, as in the case of NATO and Russia, war becomes inevitable.

The spirit behind the real movers and shakers of the Russian/Ukrainian war motivated the US and several of its allies to disconnect a few Russian banks from the Belgian-based Society for Worldwide Interbank Financial Telecommunication (SWIFT), which facilitates most commercial cross-border payments between firms banking in different countries, and to exert pressure on Russia.

No fool for the West, but certainly an international world power, Russia may have anticipated the sanctions and, so, started working on its own CBDC — the “Digital Ruble”.

https://www.ndtv.com/business/can-a-central-bank-digital-currency-wane-the-effects-of-sanction-in-russia-2808365

https://au.finance.yahoo.com/news/russian-central-bank-seeks-ban-132133730.html

According to Credit Suisse Group AG strategist Zoltan, “Russia’s central bank and private sector have almost $1 trillion of liquid wealth, with a much larger share of this held in U.S. dollars than most people realize, even after the country sold all its Treasuries holdings in 2018”.

Russia is an active member of the UN; however, the UN policies of universalism are not nationalistic and Russia is strongly nationalistic. It is well that Russia’s relations with China remain a bright spot for the Kremlin because their partner relations with China will allow Russia a remaining cooperation in an environment where Western markets are closing against them.

https://finance.yahoo.com/news/russias-finance-minister-admitted-country-035159374.html

Given that some of Beijing’s most explicit comments on the sanctions reveal that “China is not a party to the crisis, nor does it want the sanctions to affect China”, nevertheless, “China has the right to safeguard its legitimate rights and interests.”

https://www.cnbc.com/2022/03/16/how-much-can-and-will-china-help-russia-as-its-economy-crumbles.html

Australia’s role is increasing in the Asia-Pacific region and we shall do well if Australia can follow the wisdom of standout politicians who seek freedom and righteousness and reject the calls to fight someone else’s war.

About Editor, cairnsnews

One of the few patriots left who understands the system and how it has been totally subverted under every citizen's nose. If we can help to turn it around we will, otherwise our children will have nothing. Our investigations show there is no 'government' of the people for the people of Australia. The removal of the Crown from Australian Parliaments, followed by the incorporation of Parliaments aided by the Australia Act 1987 has left us with corporate government with policies not laws, that apply only to members of political parties and the public service. There is no law, other than the Common Law. This fact will be borne out in the near future as numerous legal challenges in place now, come to a head soon.

Posted on October 7, 2022, in CBDC, CCP, Putin, Russia and tagged , . Bookmark the permalink. 5 Comments.

  1. All wars, Alison, as the great Jordan Maxwell said, are hostile corporate takeovers.
    The digital ruble, and any other digital currency, would be fine, as long as you have control over your money, and that digital currency is backed by gold or other valuable, real, commodities.
    Nothing in the cyber realm is safe, as the recent Optus debacle attests.
    The current fiat currency we use is just credit, your dollar notes not being redeemable for gold or silver, as they should.
    When I saw the Rothschild quote that: Gold and silver are money, everything else is credit” I immediately said to myself: “I have never been properly paid for any work I ever did.”
    And that is the truth o fit.
    Also: cash is legal tender, so any change to how we pay anything must go to referendum.

    Liked by 1 person

  2. Thanks Alison,
    more here on the new monetary system to replace the current debacle.

    This article from this morning gives some idea of the new system though there
    is much more detail than is explained here.
    https://www.zerohedge.com/geopolitical/rise-global-south-foundation-new-currency-system

    This to become a worldwide reality after the current system crashes. the below article from July

    https://www.zerohedge.com/markets/russia-and-china-officially-announce-new-global-reserve-currency

    Did Russia And China Just Announce A “New Global Reserve Currency”?

    The developments obviously further my long held belief that a gold backed global reserve currency is on its way – something I have been writing about for months. I’m also stunned that nobody seems to care that arguably the largest shift on the global macroeconomic playing field over the last half century may be taking place.

    Like

  3. Some people still believe that Ras-putin is fighting the New World Order.

    Like

  4. Russia is fast tracking its Central Bank Digital Currency. The real-life operational tests will begin on April 1, 2023. A nice April Fool’s joke for the Russians.

    Riley Waggaman of the Edward Slavsquat substack exposing the True Putin.

    He joins James Corbett once again to update The Corbett Report audience on the situation in Russia. From mandatory clot shot genetic slurry injections for conscripted Russian cannon fodder to the latest developments on the Ukrainian front, you won’t want to miss this important conversation.
    https://www.corbettreport.com/waggaman-russiaupdate/

    Argentina’s Health Ministry says Sputnik V causing more serious side effects than AstraZeneca, Sinopharm jabs. Don’t worry though, Sputnik V is the safe anti-globalist vaccine.

    Like

  1. Pingback: Russia to have a ‘digital ruble’ – altnews.org

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