Digital currency controlled by a central bank is seen to be ideal in replacing the US dollar as the global reserve; Carney suggests multiple options as a replacement for the US dollar; Carney: It is an open question whether such a new Synthetic Hegemonic Currency (SHC) would be best provided by the public sector, perhaps through a network of central bank digital currencies.
While speaking to an audience at the Economic Policy Symposium in Jackson Hole, Wyoming, Mark Carney made his case for a future digital currency’s replacement of the US dollar as the global reserve. In presenting his case, while he would mention other currencies as potential replacements, he would always revert back to a Synthetic Hegemonic Currency (SHC). Carney is the Governor of the Bank of England.
The reason for this consideration, which isn’t completely new in and of itself, but being taken more seriously now, comes at the realization of various elements, but two, in particular, the rise of globalization and trade wars. While the US dollar has remained the global reserve for many decades, it is being put under a microscope due to the ripple-effects it can have on the world when its value changes.
Carney stated, “It is an open question whether such a new Synthetic Hegemonic Currency (SHC) would be best provided by the public sector, perhaps through a network of central bank digital currencies.” In this, he is suggesting that an international group of banks be responsible for the oversight of this digital currency. Financial power would then be consolidated into a single arena ruled by financial elites.
A Closer Look
While the reality of a global digital currency, or any global currency, is not yet manifest, the believer ought not to be surprised at the reality of this idea surfacing.
In both the book of Daniel and the book of Revelation, we are given facts about a coming world leader, a man of deception and intrigue, a man who Satan will personally indwell. One of the stepping stones to this man gaining complete control over the world is the consolidation of power-economic, financial, political, etc., that is just waiting to be handed over at the appointed time. This man is Antichrist.
16 And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, 17 and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name.”