The Post-Partisan Emporium

  The Quiet Rebranding of CBDCs as “Digital-ID” Let’s call them for what they are: Social Credit systems. We know that “CBDC” stands for  Central Bank Digital Currencies  – and we have long held our hypothesis on what those entail (the TL;DR is that they will either launch as, or morph into, China-style social credit systems). We’ve seen an Executive Order expressly ruling out CBDCs in the US, but as I keep warning readers: we’re seeing components we’d expect to see under a CBDC system appearing – only they  aren’t  originating at The Fed (who has never really expressed an interest in them, anyway). Now the US Treasury Department  is seeking comments on Digital ID  as it relates to DeFi: “The Department of the Treasury has filed a request for public comments to provide input on the use of “innovative or novel methods to detect and mitigate illicit finance risks involving digital assets” in accordance with the GENIUS Act, as well as in accordance with D...

  Hey Buddy, Can You Spare a Watt? Like carbon for money Radio Far Side OK, I think I’ve figured at least part of the global hide-the-sausage game we are all unwillingly or unwittingly playing. Care to take a little trip to Low-Earth Orbit (LEO)? For this trip, I’ve adjusted the orbit to give us a bit higher apogee, so we can appreciate a little more of the Big Picture than usual. As long-time readers know, a great part of my time is spent writing and editing high-level documents for NGOs and QGOs (quasi-governmental organisations). While the BRICS are trying to create a global trading currency based on a basket of national currencies, the Bumbledicks are trying to create a global currency based on electricity. Hear me out. As best as I can piece all this together, the world has been operating with something called the PetroDollar (PD) since roughly the Nixon administration. While the US controls the PD, it is not the Federal Reserve Note (FRN), much less the Constitutional dollar ...