A renowned German economist warned that the globalist World Economic Forum (WEF) is set to implement a social credit system under the guise of a “humanitarian act.” This, he added, will bring forward a New World Order with the population under its full control.
During an interview with German alternative TV station AUF1, economist Ernst Wolff remarked that the WEF’s motto this fall is a “frontal attack on the middle class.” He told AUF1‘s Stefan Magnet that the global elite plans to make giant corporations and states swallow the current price increases. Citizens will suffer, with the middle class bearing most of the burden – leading to escalation and panic.
“Because in the end, citizens are supposed to beg for a new monetary system and a digital basic income, digital central bank money with a social credit system,” Wolff said. “They will even want to sell this to us as a humanitarian act in the end,”
He emphasized that this “grand finale,” or perhaps “the interlude” to the Great Reset, may happen in the fall. “One thing is certain: The Great Reset will be handled brutally and all people who have created or saved anything will now be in dire straits,” he warned.
Wolff went on to cite possible situations in the near future, such as how portable electronic devices like cell phones or computers will allow globalists to implement their digital money, social credit and universal surveillance schemes.
He added that people will be unemployed and the government will issue wallets under the guise of humanitarian efforts. Although these wallets will be money on your cell phone, “it is nothing more than an app that serves as your own account,” Wolff noted.
The wallet could be supplied with $1,000 or $2,000 on a weekly basis, being digitally connected directly to the central bank. However, Wolff emphasized that the central bank will have the power to apply individually adapted taxation, individual interest rates and instant penalization charges. It could also cut off all cash flows or place a three-week expiration date on your money.
“Money will have an expiration date. At some point, it will be possible to add to this money a social credit system adapted from the Chinese model,” he said. This could apply communist-like management of personal monetary status.
Future Focus 2025 commences the Great Reset with digital identity schemes
The WEF’s “Future Focus 2025,” published on June 30, is a roadmap for steering society towards the Great Reset with the help of its “enticing” narratives.
The report stated that to build “an inclusive financial ecosystem, special efforts must be made to develop. A digital identity layer should be developed independently of other parts of payment processes.”
This implies fully traceable, programmable and permissions-based digital currencies that will allow central banks to control what people can or cannot purchase. Central bank digital currencies (CBDC) will require that every citizen has a digital wallet pegged to their digital identity. (Related: Digital tyranny: Beware of the Government’s push for a digital currency.)
“All are aimed at collecting as much information about you as possible,” Sociable editor Tim Hinchliffe said in an article. “It is a future of constant surveillance in real-time.”
WEF also proposed labeling any critical thinking that goes against their narratives as misinformation and disinformation.
Hinchliffe further commented: “Narratives are great for unelected and unaccountable globalists because, as one WEF blog post from 2015 put it, ‘In the battle for hearts and minds of human beings, the narrative will consistently outperform data in its ability to influence human thinking and motivate human action.’”