How The Banks Work And Why They Are Collapsing

1 year ago
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We are to put our faith in God he will be with us, he will not allow anything happen to us that he hasn't ordained.
We must prepare to be self sufficient, we must not be at the governments mercy.
We must come together, form communities, a barter system, seeds, food water filtration system, tools, books, bibles.

PEACE be with YOU
Romans 8:16-18
16 The Spirit itself beareth witness with our spirit, that we are the children of God:
17 And if children, then heirs; heirs of God, and joint-heirs with Christ;
if so be that we suffer with him, that we may be also glorified together.
18 For I reckon that the sufferings of this present time are not worthy to be compared with the glory which shall be revealed in us.

Psalm 34:15-22

15 The eyes of the Lord are upon the righteous, and his ears are open unto their cry.
16 The face of the Lord is against them that do evil, to cut off the remembrance of them from the earth.
17 The righteous cry, and the Lord heareth, and delivereth them out of all their troubles.
18 The Lord is nigh unto them that are of a broken heart; and saveth such as be of a contrite spirit.
***19 Many are the afflictions of the righteous: but the Lord delivereth him out of them all.
20 He keepeth all his bones: not one of them is broken.
21 Evil shall slay the wicked: and they that hate the righteous shall be desolate.
22 The Lord redeemeth the soul of his servants: and none of them that trust in him shall be desolate.

BANKING ACT OF 1933

https://www.govinfo.gov/content/pkg/COMPS-255/pdf/COMPS-255.pdf

Emergency Banking Act of 1933.doc

http://fourwinds10.com/resources/uploads/pdf/Eemergency%20Banking%20Relief%20Act_%20March%209%201933.pdf

Emergency Banking Act of 1933
March 9, 1933
Signed by President Franklin D. Roosevelt on March 9, 1933, the legislation was aimed at restoring public confidence in the nation’s financial system after a weeklong bank holiday.

https://www.federalreservehistory.org/essays/emergency-banking-act-of-1933

Federal Reserve is a private institution riddled with CORRUPTION

https://rumble.com/v2ecxgs-federal-reserve-is-a-private-institution-riddled-with-corruption.html

Sabotaging Small Banks

https://rumble.com/v2e5rh4-sabotaging-small-banks.html

SERIOUS BANKING ALERT THE FALL OF THE DOLLAR

https://rumble.com/v2gu1yi-serious-banking-alert-the-fall-of-the-dollar.html

The Birth Of The Federal Reserve System

https://blogs.baruch.cuny.edu/his1005spring2011/tag/1913/

FED-NOW PAYMENT SYSTEM BEGINS MAY 2023

https://rumble.com/v25cgwz-fed-now-payment-system-begins-may-2023.html

FDIC Transparency with Bank Bail-in Systemic Resolution Advisory Committee 11-9-22

https://rumble.com/account/content?type=all&pg=5#:~:text=FDIC%20Transparency%20with%20Bank%20Bail%2Din%20Systemic%20Resolution%20Advisory%20Committee%2011%2D9%2D22

What is a Digital Twin?

https://rumble.com/v24iqve-what-is-a-digital-twin.html

Barcoding You Via PCR Tests, Vaxxines, Terraforming & Transforming All Life on Earth

https://rumble.com/v24iimq-barcoding-you-via-pcr-tests-vaxxines-terraforming-and-transforming-all-life.html

Digital Twin NSA Sentient World Simulation DNA Nanobots Dr. Robert Duncan

https://rumble.com/v24irzo-digital-twin-nsa-sentient-world-simulation-dna-nanobots-dr.-robert-duncan.html

The Final Lockdown Street Lights That KILL in Smart Cities, CBDC, Digital ID Aman Jabbi

https://rumble.com/v247kbk-the-final-lockdown-street-lights-that-kill-in-smart-cities-cbdc-digital-id-.html

A Digital Prison Is Being Built Around You Right Now

https://rumble.com/v247cdq-a-digital-prison-is-being-built-around-you-right-now.html

Digital Dictatorship Aman Jabbi

https://rumble.com/v23q88i-digital-dictatorship-aman-jabbi.html

160 nations agreed to reduce the world’s population to 800 million by 2030

https://rumble.com/v23q0f4-160-nations-agreed-to-reduce-the-worlds-population-to-800-million-by-2030.html

WHITE HATS BLOW WHISTLE ON GREAT RESET SOCIAL SCORE SOFTWARE

https://rumble.com/v23lbz8-white-hats-blow-whistle-on-great-reset-social-score-software.html

SOVEREIGNS ARE MOVING ALL FIAT INTO CSRQ

https://rumble.com/v23lcgg-sovereigns-are-moving-all-fiat-into-csrq.html

THIS IS NOT MEANT TO SCARE YOU BUT PREPARE YOU!!
God will guide and protect his children through this. The more awareness the better.
I believe we have about 1-2 years before the complete take over of the monetary system and connecting it to your digital id biometric data and your social credit score.
If you need to do things to prepare for this time coming you need to do it now!!!
The last time our economy took a dive the banks were bailed out with our taxes through the government.
That will not happen this time because the banks will be bailed out by the depositors.

What this new law change means is the
“LEGAL” status of US and other customer bank deposits within the G20 nations, placing them on par with many unsecured paper investments. Now more than ever, if you give your fiat currency to a bank, it is your responsibility to know the solvency of the bank you chose. This is called a BALIN
G20 to Change Status of Bank Accounts = Investments

https://www.armstrongeconomics.com/uncategorized/g20-to-change-status-of-bank-accounts-investments/

From Bail-out to Bail-in: Mandatory Debt Restructuring of Systemic Financial Institutions

https://www.imf.org/external/pubs/ft/sdn/2012/sdn1203.pdf

Most people are too busy with their day to day lives to know about the real G20 Bank Bail-In threat to their potential big bank saving.
They will be Decimating the dollar and traditional banking systems. Turning to a digital system.

Federal Reserve Board announces pricing, effective January 3, 2023, for payment services the Federal Reserve Banks provide to depository institutions, such as the clearing of checks, ACH transactions, and wholesale payment and settlement services

https://www.federalreserve.gov/.../pre.../other20221103a.htm

The fednow System will be Taking over ALL Debit/Credit Card transactions.
After it gets established something will occur so they can implement basic income/CBDC Social Credit System (CSQR-SM)
Federal Pandemic Aid Funds Universal Basic Income Pilot Programs

https://www.technocracy.news/federal-pandemic-aid-funds-universal-basic-income-pilot-programs/

So… if a large bank fails in the US, the FDIC steps in and takes over, replacing management,
and works to shrink the bank by writing-down liabilities and converting debt into equity.
In other words…
any liability at the bank is in danger of being written-down should the bank fail.
And guess what?
Deposits are considered liabilities according to US Banking Law and depositors are creditors.
Are you ready for a central bank digital currency here in the States?
Well, regardless of whether you are ready or not, the Federal Reserve has announced that next July 2023
The first half of the US CBDC is coming online in 2023 called FedNow...
Built to replace ACH transfers and bank to bank payments it will takeover payroll payments, utility payments, credit card payments and others via digital instant payments…

Today's Central Bank Digital Currencies Status

https://cbdctracker.org/

This will include all direct deposits to people from the Federal government.
I would "assume" that all future direct payments to people from the Federal government will start sometime between May and July 2023.
Current ACH payments take 2-4 days.
(they will say this is good- but give them total control)
Under CBDC, it will be instant. Speed-up. Full control at anytime. (Which means they can remove it instantly too)
"Fednow" "Wholesale" is the bank to bank system being rolled out.
"Fednow" will be used for the coming "UBI" system. Universal Basic Income.
The one for citizens is called "Retail" will come later on next year. Date to be determined once first phase comes online as of now.
"Fedcoin" will be the "Retail" version of CBD for people.
It is an instant blockchain system built upon XRP Ripple technology, system which they call "Volante".

Volante Technologies

https://www.volantetech.com/

XRP Ripple is partnered with the World Economic Forum.

https://blocknews.com/world-economic-forum-confirms-ripple-as-an-official-partner/

'New capabilities such as programmability, composability and tokenisation …
can be built on top of CBDCs, fast payment systems and associated data architectures'

****FDIC Transparency with Bank Bail-in Systemic Resolution Advisory Committee 11-9-22

https://rumble.com/v24wbl0-fdic-systemic-resolution-advisory-committee-11-9-22.html

FedNow to launch by mid-2023, Fed official says

https://www.paymentsdive.com/news/fednow-federal-reserve-bank-instant-payments-real-time-CBDC/630059/

Federal Reserve updates FedNow Service timing to mid-2023, marks beginning of full-scale pilot testing

https://www.federalreserve.gov/.../pre.../other20220829a.htm

FedNow aims for September testing

https://www.paymentsdive.com/.../federal-reserve.../630789/

Federal Register notice: Federal Reserve Bank Services

https://www.federalreserve.gov/.../files/other20221103a1.pdf

Federal Reserve Announces FedNowSM Service Pricing Approach, Credit Transfer Limit

https://www.frbservices.org/news/press-releases/012722-fednow-pricing-announcement

FedNow gives fee holiday in 2023

https://www.bankingdive.com/.../fednow-federal.../635933/

The Federal Reserve Bank of Boston announces collaboration with MIT to research digital currency

https://www.bostonfed.org/news-and-events/press-releases/2020/the-federal-reserve-bank-of-boston-announces-collaboration-with-mit-to-research-digital-currency.aspx

Digital Currency Initiative at MIT

https://dci.mit.edu

Digital Currency Initiative MIT

https://www.media.mit.edu/groups/digital-currency-initiative-dci/overview/

One Bank Research Agenda February 2015

https://www.bankofengland.co.uk/-/media/boe/files/research/one-bank-research-agenda---summary.pdf?la=en&hash=B2C820FBF6A960C4A625C2DAB5B5B6CE4FEDF120

Project Hamilton - building a hypothetical central bank digital currency

https://dci.mit.edu/project-hamilton-building-a-hypothetical-cbdc

DTCC BUILDING INDUSTRY'S FIRST PROTOTYPE TO SUPPORT DIGITAL U.S. CURRENCY IN THE CLEARING & SETTLEMENT PROCESS AS PART OF DIGITAL DOLLAR PROJECT EFFORT

https://www.dtcc.com/news/2022/april/12/dtcc-building-industrys-first-prototype-to-supports-digital-us-currency

US CBDC Proof of Concept Sees Big Banks Team Up With Federal Reserve

https://beincrypto.com/us-cbdc-proof-of-concept-sees-big-banks-team-up-with-federal-reserve/

https://ambcrypto.com/usdr-the-rise-of-internets-gold-supported-reserve-currency/

The Sovereign accounts of the rich and powerful exposed

https://www.woolstangray.eu/the-sovereign-accounts-of-the-rich-and-powerful-exposed/

Partners include Mastercard, Wells Fargo, Citigroup and HSBC.
Ball is rolling on a digital dollar, but U.S. is late to the race.
Pushback mounts over erosion of financial freedom.

The proof-of-concept (PoC) will run for 12 weeks to test a version of the central bank digital currency (CBDC). Partners include MasterCard, Wells Fargo, HSBC, and Citigroup, according to an official statement on Nov. 15.

https://www.newyorkfed.org/newsevents/news/financial-services-and-infrastructure/2022/20221115

Federal Reserve Bank of New York Rolls Out 12-Week Proof-of-Concept CBDC Pilot

https://www.bitdegree.org/crypto/news/federal-reserve-bank-of-new-york-rolls-out-12-week-proof-of-concept-cbdc-pilot

CBDC: Speeding up Payments
Uncle Sam has been reluctant to move forward on a CBDC so far. Nevertheless, other countries like China and Nigeria have steamed ahead with their digital currencies.

The project will test a version of the “regulated liability network design” that operates exclusively in U.S. dollars,
the report noted.
This operates with commercial banks issuing tokenized simulated money representing customer deposits.
They are settled through simulated central bank reserves on a shared blockchain.

According to Reuters, the pilot will test how banks using digital dollar tokens in a common distributed ledger can help speed up payments.

Erosion of Financial Freedom

However, not all are convinced that a CBDC, or digital dollar, is the way forward for Americans.
A programmable currency gives the central bank unprecedented control over what specific groups can spend, on what, and how much.

Earlier this year, policy analyst Nick Anthony at the Cato Institute’s Center for Monetary and Financial Alternatives warned against CBDCs.
“A CBDC would erase what little financial privacy still exists in the United States,” he cautioned at the time.

Last month, BeInCrypto reported on the potential perils of a CBDC linked to a digital identity.

https://beincrypto.com/cbdc-tied-to-digital-ids-the-latest-in-financial-repression/

New York Innovation Center to Explore Feasibility of Theoretical Payments System Designed to Facilitate and Settle Digital Asset Transactions

https://www.newyorkfed.org/aboutthefed/nyic

Bank of England opens applications for 'proof of concept' CBDC wallet

https://cointelegraph.com/news/bank-of-england-opens-applications-for-proof-of-concept-cbdc-wallet

What are CBDCs? A beginner's guide to central bank digital currencies

https://cointelegraph.com/cryptocurrency-regulation-for-beginners/what-are-cbdcs-a-beginners-guide-to-central-bank-digital-currencies

CBDC Sample Wallet Proof of Concept and Research

https://www.digitalmarketplace.service.gov.uk/digital-outcomes-and-specialists/opportunities/18948

The Social Credit System (CSQR-SM) and You

https://www.abovetopsecret.com/forum/thread1314728/pg1

WeAreSovereign

https://orderofmen.wixsite.com/join

WHITE HATS BLOW WHISTLE ON GREAT RESET SOCIAL SCORE SOFTWARE

https://supersoldiertalk.com/white-hats-blow-whistle-on-great-reset-social-score-software/

DAVID WILCOCK is Sovereign Class CSRQ-SM software

https://supersoldiertalk.com/david-wilcock-is-sovereign-class-csrq-sm-software/

Facts about each CSRQ-SM class - Oculum Labs

http://adam.curry.com/art/1658064923_UqADhdzu.html
csrq-sm social managment software is the program that will be used worldwide by select governmental and banking institutions when the finacial reset occurs

https://web.archive.org/web/20220712201739/https://oculumlabs.com/about-the-csrq-sm-software-financial-reset/

the csrq accounts of phil godlewski, jordan peterson, james o'keefe & david Wilcock

https://web.archive.org/web/20220718190401/https://oculumlabs.com/csrq-accounts-of-phil-godlewski-jordan-peterson-james-okeefe-david-wilcock/

CBDC DIGITAL CURRENCY TRACK EVERYTHING

https://rumble.com/vpogi3-cbdc-digital-currency-track-everything.html

CBDC DIGITAL CURRENCY

https://rumble.com/vpog4t-november-23-2021.html

CBDC's, petro Dollar, elimination of cash, & the great reset Melissa Cuimmei

https://rumble.com/v21qmm6-cbdcs-petro-dollar-elimination-of-cash-and-the-great-reset-melissa-cuimmei.html

U. S. money vs. corporation currency, "Aldrich plan." Wall street confessions! Greek bank combine

https://ia600201.us.archive.org/7/items/usmoneyvscorpor00crozgoog/usmoneyvscorpor00crozgoog.pdf

Beware of Bank Bail-ins - A Bail Out Using Your Money

https://rumble.com/vt58p9-beware-of-bank-bail-ins-a-bail-out-using-your-money.html

Bank Bail-in Laws Since the end of 2014, new G20 Bank Bail-In Laws have been signed and put into supra-national law.
Average bank depositors are now legally treated as unsecured creditors even in the largest economies of the world. Form 424B2 BARCLAYS BANK PLC

https://www.streetinsider.com/SEC+Filings/Form+424B2+BARCLAYS+BANK+PLC/19376567.html

LEGALIZED BANK BAIL-INS

https://sdbullion.com/legalized-bank-bail-ins

New G20 Rules: Cyprus-style Bail-ins to Hit Depositors AND Pensioners

https://www.resilience.org/stories/2014-12-02/new-g20-rules-cyprus-style-bail-ins-to-hit-depositors-and-pensioners/

'Legalized' G20 Bank Bail-In Laws

https://ncrenegade.com/legalized-g20-bank-bail-in-laws/

H.R.4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act

https://www.congress.gov/bill/111th-congress/house-bill/4173

New Financial Crisis Laws: Bank Bail-ins, Money Market Freeze

https://sdbullion.com/blog/new-financial-crisis-laws

Why Bank Bail-Ins Will Be the New Bailouts

https://www.investopedia.com/articles/markets-economy/090716/why-bank-bailins-will-be-new-bailouts.asp

New Financial Crisis Laws: Bank Bail-ins, Money Market Freeze

https://sdbullion.com/blog/new-financial-crisis-laws

Can banks legally confiscate your deposits without your permission?

https://moorejustinmusic.com/students-life/can-banks-legally-confiscate-your-deposits-without-your-permission-to-bail-themselves-out/

Bank deposit Bail In law is biggest threat to average USA

https://www.investmentwatchblog.com/bank-deposit-bail-in-law-is-biggest-threat-to-average-usa-g20-savers-hsbcs-james-steel-gold-is-a-highly-regarded-asset/

Central Bank Digital Currency (CBDC)

https://www.media.mit.edu/projects/central-banks-and-digital-currency/overview/

Central Bank Digital Currency (CBDC): In-Depth Guide

https://research.aimultiple.com/cbdc/

What Is a CBDC?

https://www.kogocrypto.com/what-is-a-cbdc/

ECB publishes white paper on its own crypto currency

https://21-btc.club/ecb-publishes-white-paper-on-its-own-crypto-currency/

CBDC Technology Considerations

https://www3.weforum.org/docs/WEF_CBDC_Technology_Considerations_2021.pdf

ECB publishes white paper on its own crypto currency

https://21-btc.club/ecb-publishes-white-paper-on-its-own-crypto-currency/

IMF recommends CBDC and global crypto standards for financial stability

https://uptodatecryptonews.com/imf-recommends-cbdc-and-global-crypto-standards-for-financial-stability/

Bank 4.0 and the Future of Financial Services

https://rumble.com/vpoh89-bank-4.0-and-the-future-of-financial-services.html

CBDC Digital Currency to Track Everything

https://rumble.com/vpogi3-cbdc-digital-currency-track-everything.html

The digital identity push under the ‘great reset’ agenda risks enabling an authoritarian social credit system on a global scale: perspective

https://sociable.co/technology/your-digital-identity-used-against-you-great-reset/

‘Cash Is Disappearing,’ BOE Official Says Building Case for CBDC

https://www.bloomberg.com/news/articles/2021-11-22/-cash-is-disappearing-boe-official-says-building-case-for-cbdc

Resolving Globally Active, Systemically Important, Financial Institutions

https://www.fdic.gov/about/srac/2012/gsifi.pdf

The New Banking Crisis — In Two Frightening Graphs

https://wallstreetonparade.com/2016/09/the-new-banking-crisis-in-two-frightening-graphs/

The History of the House of Rothschild

https://www.thelibertybeacon.com/the-history-of-the-house-of-rothschild/

The History of the House of Rothschild

http://www.johnthebaptist.us/jbw_english/documents/conspiracies/zionism/articles/czt5_rothchild_timeline.pdf

The Complete History Of The ‘House Of Rothschild’

https://humansbefree.com/2013/07/the-complete-history-of-the-house-of-rothschild.html

Rome and Jerusalem

https://ia902701.us.archive.org/1/items/romeandjerusale02waxmgoog/romeandjerusale02waxmgoog.pdf

1829 - Baron Rothschild Purchases Jerusalem

http://spikethenews.blogspot.com/2015/06/1829-baron-rothschild-purchases.html

Proof The Rothschilds Purchased Jerusalem The NWO Capital

https://www.youtube.com/watch?v=mJa4c6CGfr8

THE FORGOTTEN TRUTH ABOUT THE BALFOUR DECLARATION

https://scholar.harvard.edu/files/martinkramer/files/forgotten_truth_balfour_declaration.pdf

The Rothschilds buy Jerusalem

https://www.rarenewspapers.com/view/603278

Top Secret Bankers Manual By Thomas Schauf

https://archive.org/details/TopSecretBankersManualByThomasSchauf

The Federal Reserve Bank has more power than the Congress and the President of the United States.
The Feds hold their meetings behind closed doors.
These Zionist Jewish bankers only answer to themselves, which is the International Jewish Bankers. They have the power to raise the discount rates which is a deliberate act to destroy small business.

They have also been able to create depressions which have devasted the American farmers, ranchers, and the entire American population.

Many Americans think that the US Government has been high-jacked by a Zionist regime namely the Zionist State of Israel.
The head of this regime is the Rothschild financial empire with its Central Bank disguised as the US Federal Reserve Bank.

Who controls the BANK. Jewish control over US Federal Reserve System.

https://lorddreadnought.livejournal.com/4889.html

Jews have been saying for years that Jews do not control the Federal Reserve System, but anybody with Internet access that, in fact, they do control the Federal Reserve.

The current head of FED is Janet Yellen.
She was born to a Jewish family in Brooklyn, New York, the daughter of Anna (née Blumenthal) and Julius Yellen.

Yellen’s ascent to the post will also guarantee that, by the end of her first term, Jews will have occupied the Fed’s top post for three decades straight –
an unprecedented run of Jewish power and influence. The chairman’s seat hasn’t been occupied by a non-Jew since 1987,
when Alan Greenspan was appointed by President Ronald Reagan to follow Paul Volcker.
With the succession of Ben Bernanke in 2006,
under President George W. Bush, and now the appointment of Yellen by President Barack Obama,
it’s worth remembering that there is a concept in Jewish thought called chazakah: When something happens three times,
it can be considered permanent.
Applied to the Federal Reserve,
it would suggest an impossibly firm grasp on a degree of power the likes of which the Jewish people were always known for.

Of the seven(7) Federal Reserve Board governors, four(4) are Jews. This is a numerical representation of 57%. Of the twelve(12) Federal Reserve District Bank presidents, four(4) are Jews. This is a numerical representation of 33%. Jews are approximately 2% of the U.S. population.* Therefore Jews are over-represented on the Federal Reserve Board of Governors by a factor of 28.5 times (2,850 percent), and over-represented among the Federal Reserve District Bank presidents by a factor of 16.5 times(1,650 percent).

THE JEWISH BANKS THAT OWN THE FEDERAL RESERVE SYSTEM
* Rothschild Banks of London and Berlin
* Goldman Sachs Bank of New York
* Kuhn Loeb Bank of New York/Shearson American Express
* Lazard Brothers Bank of Paris
* Israel Moses Sief Banks of Italy
* Warburg Bank of Hamburg, Germany and Amsterdam
* Chase Manhattan Bank of New York (David Rockefeller)

They are not just control FED. Jewish bankers stole trillions dollars from FED. The Federal Reserve has kinda, sorta misplaced $9,000,000,000,000 as shown by a recent video surfaced on you tube.

https://youtu.be/SIM8x5wLtR4

Check Out Ben Bernanke's Massive Presentation Explaining The Origins And Mission Of The Federal Reserve

https://www.businessinsider.com/ben-bernankes-presentation-on-the-origins-and-mission-of-the-federal-reserve-2012-3

The Federal Reserve Conspiracy

https://archive.org/details/TheFederalReserveConspiracyRockfellersTheirGoldCorner/page/n353/mode/2up

JEWISH WARS
DECONSTRUCTING THE GENOCIDAL POLICIES, THE POLITICAL EXTORTION, AND WAR PROFITEERING OF THE "NEO-CONS" AND "NEO-LIBERALS"
GENOCIDAL WAR PROFITEERS UNDER SATANIC JEW BILLIONAIRES WHO OWN AMERICA'S GOVT.,
FINANCIAL SYSTEM, PRESS/MEDIA PRESSTITUTES, AND HUMANITY RAVAGING WAR MACHINE

https://jewishwarscom.wordpress.com/2020/12/22/jerome-corsi-with-bill-still-lays-out-the-cards-joe-biden-is-a-traitor-and-election-thief-backed-by-the-swamp-corruption-so-deep-vast-it-includes-60-sixty-plus-percent-of-washington/

When Owning Gold Was Illegal in America:
And Why It Could Be Again

All Americans were required to turn in their gold on or before May 1, 1933 to the Federal Reserve in return for $20.67
of paper money per troy ounce.

**** Americans who did not turn in their gold were subject to arrest on criminal charges and faced up to 10 years in federal prison.

An exception was made for dentists, who could own up to 100 ounces.

https://www.huffpost.com/entry/when-owning-gold-was-ille_b_10708196

Gold Confiscation of 1933 - United States Gold Bureau

https://www.usgoldbureau.com/news/what-was-1933-gold-confiscation

Gold and the 2nd Great Depression

https://web.archive.org/web/20151018012939/http://www.escapeartist.com/assetprotection/gold-2nd-great-depression/

Federal Reserve Board - Coordinated Central Bank Action to Enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements.

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank

https://www.federalreserve.gov/newsevents/pressreleases/monetary20200315c.htm

33 banks announce a collective commitment to climate action

https://www.unepfi.org/industries/banking/collective-commitment-to-climate-action/

Central Banks Announce Coordinated Action to Enhance Swap Lines

https://finance.yahoo.com/video/central-banks-announce-coordinated-action-144519551.html

The Federal Reserve, along with a number of global central banks, announced a coordinated action Friday to support dollar liquidity swap line arrangements.

Top US Banks Under Investigation Over ESG And Climate Action ~ Oct. 31, 2022

https://www.unepfi.org/industries/banking/collective-commitment-to-climate-action/

Cybersecurity | American Bankers Association

https://www.aba.com/banking-topics/technology/cybersecurity

DHS Source Warns: “World War About to Break Out… Will Kill Millions of People”

https://web.archive.org/web/20130610070827/https://www.shtfplan.com/headline-news/dhs-source-warns-world-war-about-to-break-out-will-kill-millions-of-people-must-read_06072013

CBDC is sometimes thought of as equivalent to a digital banknote, although in some respects it may have as much in common with a bank deposit.

Any UK CBDC would work alongside - not replace - cash and bank deposits. We will continue to provide cash for as long as the public still want it.

What is ISO 20022 and How is it Changing?

https://www.ir.com/guides/what-is-iso-20022

Transition plan
On 5 December 2022, we announced that the migration of CHAPS to ISO 20022 messaging

*******(Transition State 2.1 of the RTGS Renewal Programme) –

will now occur on 19 June 2023, rather than April 2023.

This decision follows a period of consultation with CHAPS Direct Participants,
to understand the impact of the European Central Bank (ECB) decision to move their

TARGET2 ISO 20022 migration from 21 November 2022 to 20 March 2023.

Welcome to ISO 15022 | ISO20022
The International Organization for Standardization (ISO) is a worldwide federation of national standards bodies (ISO member bodies).

https://www.iso20022.org/welcome-iso-15022

****The ECB re-plan, combined with the subsequent decision by SWIFT to move its (cross-border)

** ISO 20022 implementation to 20 March 2023, has had a considerable impact on industry preparation plans.

The new Transition State 2.1 go-live date is designed to provide sufficient time for the industry to safely manage the ECB and SWIFT transitions before making
final preparations for CHAPS to safely transition to the ISO 20022 messaging standard.

In the light of this amended timeline,

the Bank is reviewing the milestones and indicative migration date for Transition State 3 –
the introduction of the new RTGS core ledger and settlement engine.

The Bank will be adjusting milestones to avoid clashes with the revised Transition State 2.1 migration.
Our aim is to minimize
the impact of the revised timeline on the Transition State 3 implementation,

currently scheduled for spring 2024, ****

whilst also ensuring that the plan is safe and robust.

We expect to announce the revised milestones and key dates for Transition State 3 in February 2023.

RTGS Renewal Programme

The RTGS Renewal Programme will deliver the next generation of our real-time gross settlement (RTGS) service.

The Real-Time Gross Settlement (RTGS) service is the infrastructure that holds accounts for banks, building societies and other institutions.
The balances in these accounts can be used to move money in real time between these account holders, this delivers final and risk-free settlement.
A programme of work has been established to deliver a renewed Real-Time Gross Settlement (RTGS) service. As set out in the blueprint,
as well as replicating the functionality provided today, the new RTGS service will deliver a range of new features and capabilities for payments and settlements between financial institutions.

More detail on when functionality is now expected to be delivered is in the Programme timeline below.

We will continue to engage with the payments industry throughout the Programme, to ensure that the next generation of RTGS creates a world-leading payments service for the UK.

https://www.bankofengland.co.uk/payment-and-settlement/rtgs-renewal-programme

Use of Data Source Schemes in ISO 15022 Compliant Messages
Updated on 17 December 2020 – 1. Addition of DSS for the China Central Depository & Clearing (CCDC)

https://www.iso20022.org/sites/default/files/2022-05/ISO15022_Data_Source_Schemes.pdf

The Development of the
Government Securities
Clearing Corporation https://www.newyorkfed.org/medialibrary/media/research/epr/2017/epr_2017_gscc_ingber.pdf?la=en

Use of Data Source Schemes in ISO 15022 Compliant Messages
Updated on 17 December 2020 –
1. Addition of DSS for the China Central Depository & Clearing
(CCDC)

https://www.iso20022.org/sites/default/files/2022-05/ISO15022_Data_Source_Schemes.pdf

National Securities Clearing Corporation (NSCC)

What Is a National Securities Clearing Corporation?
National Securities Clearing Corporation (NSCC) is a subsidiary of Depository Trust & Clearing Corporation (DTCC) that provides centralized clearing, risk management, information, and settlement services to the financial industry

https://www.investopedia.com/terms/n/nscc.asp

We're ISO, the International Organization for Standardization. We develop and publish International Standards.

https://www.iso.org/home.html

We're ISO, the International Organization for Standardization. We develop and publish International Standards.

https://www.iso.org/home.html

The Depository Trust Company (“DTC”)

https://www.dtcc.com/~/media/Files/Downloads/Settlement-Asset-Services/user%20documentation/ISO%2015022%20Settlement/DWAC_ISO_15022.pdf

Bail-out to Bail-in: Mandatory Debt
Restructuring of Systemic Financial Institutions

https://www.imf.org/external/pubs/ft/sdn/2012/sdn1203.pdfFrom

The Bail-In: How You and Your Money Will Be Parted During the Next Banking Crisis

https://sandiegofreepress.org/2015/01/the-bail-in-how-you-and-your-money-will-be-parted-during-the-next-banking-crisis/#.Y8HeZnbMKCh

‘Legalized’ G20 Bank Bail-In Laws

https://sdbullion.com/legalized-bank-bail-ins

Burning sensation
Taxpayers should not pay for bank failures. So creditors must

https://www.economist.com/finance-and-economics/2012/07/21/burning-sensation

September 27, 2016

After repeated,
but ignored, warnings over the past two years from researchers at the U.S. Treasury’s Office of Financial Research (OFR),
the new banking crisis has arrived with a vengeance and at a most inopportune time –
when confidence is already draining from the financial system because of two U.S. presidential candidates with the highest disapproval ratings in modern history.

The Fed Just Announced CBDC Launch 2023

https://truthinplainsight.com/the-fed-just-announced-cbdc-launch-2023/

Today's Central Bank Digital Currencies Status

https://cbdctracker.org/

FedNow to launch by mid-2023, Fed official says

https://www.paymentsdive.com/news/fednow-federal-reserve-bank-instant-payments-real-time-CBDC/630059/

FEDNOW CRIEDT/DEBIT SYSTEM The Fed Just Announced CBDC Launch 2023

https://rumble.com/v20siuq-fednow-criedtdebit-system-the-fed-just-announced-cbdc-launch-2023.html

Is it legal for a business in the United States to refuse cash as a form of payment?

https://www.federalreserve.gov/faqs/currency_12772.htm

WEF Official Admits 15-Minute Cities Will Imprison Humanity in Forever

https://rumble.com/v2dan48-wef-official-admits-15-minute-cities-will-imprison-humanity-in-forever.html

Climate lockdowns, controlling opposition, levers of power AND THE DARK SIDE Katie Hopkins:

https://rumble.com/v267496-climate-lockdowns-controlling-opposition-levers-of-power-and-the-dark-side-.html

All Wars are Bankers Wars Documentary

https://rumble.com/v25khk3-all-wars-are-bankers-wars-documentary.html
Biodigital Convergence Global measures being implemented

https://rumble.com/v28ofpu-biodigital-convergence-global-measures-being-implemented.html

Dystopian Smart Money Nightmare

https://rumble.com/v26jni6-dystopian-smart-money-nightmare.html

America: Freedom to Fascism

https://rumble.com/v2a1th6-america-freedom-to-fascism.html

The Hidden TRUTH of the Jesuits Infiltration of the World

https://rumble.com/v2a0dju-the-hidden-truth-of-the-jesuits-infiltration-of-the-world.html

Original link found on Reese Report

https://rumble.com/v2gzb8g-how-the-banks-work-and-why-they-are-collapsing.html

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