The IMF Has Just Unveiled A New Global Currency Known As The “Universal Monetary Unit” That Is Supposed To Revolutionize The World Economy

Activist Post ^ | APRIL 13, 2023 | Michael Snyder

[george76]

A new global currency just launched, but 99 percent of the global population has no idea what just happened. The “Universal Monetary Unit”, also known as “Unicoin”, is an “international central bank digital currency” that has been designed to work in conjunction with all existing national currencies. This should set off alarm bells for all of us, because the widespread adoption of a new “global currency” would be a giant step forward for the globalist agenda. The IMF did not create this new currency, but it was unveiled at a major IMF gathering earlier this week…

Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF.

Universal Monetary Unit (UMU), symbolized as ANSI Character, Ü, is legally a money commodity, can transact in any legal tender settlement currency, and functions like a CBDC to enforce banking regulations and to protect the financial integrity of the international banking system.

As the press release quoted above indicates, this new “Universal Monetary Unit” was created by the Digital Currency Monetary Authority.

So who in the world is the Digital Currency Monetary Authority?

Honestly, I had no idea until I started doing research for this article.

The press release says that the organization consists of “sovereign states, central banks, commercial and retail banks, and other financial institutions”…

The DCMA is a world leader in the advocacy of digital currency and monetary policy innovations for governments and central banks. Membership within the DCMA consists of sovereign states, central banks, commercial and retail banks, and other financial institutions.

Basically, it sounds like a secretive cabal of international banks and national governments is conspiring to push this new currency down our throats.

We are being told that the “Universal Monetary Unit” is “‘Crypto 2.0”, and those that created it are hoping that it will be widely adopted by “all constituencies in a global economy”…

The DCMA introduces Universal Monetary Unit as Crypto 2.0 because it innovates a new wave of cryptographic technologies for realizing a digital currency public monetary system with a widespread adoption framework encompassing use cases for all constituencies in a global economy.

I don’t know about you, but this sounds super shady to me.

Of course the Digital Currency Monetary Authority is not the only one that has been working on a new digital currency.

The UK has also been working on one.

...

The same is true for the European Union.

And would it surprise anyone that the Biden administration is touting the potential benefits of a “digital form of the U.S. dollar”? The following comes from the official White House website…

A United States central bank digital currency (CBDC) would be a digital form of the U.S. dollar. While the U.S. has not yet decided whether it will pursue a CBDC, the U.S. has been closely examining the implications of, and options for, issuing a CBDC. If the U.S. pursued a CBDC, there could be many possible benefits, such as facilitating efficient and low-cost transactions, fostering greater access to the financial system, boosting economic growth, and supporting the continued centrality of the U.S. within the international financial system.

I don’t think that it is a coincidence that governments all over the Western world are simultaneously developing CBDCs.

And the IMF has actually already put together an extensive handbook “to assist central banks and governments throughout the world in their CBDC rollouts”…

The International Monetary Fund (IMF) is putting together a Central Bank Digital Currency (CBDC) handbook to assist central banks and governments throughout the world in their CBDC rollouts.

Published publicly on April 10, the “IMF Approach to Central Bank Digital Currency Capacity Development” report outlines the IMF’s multi-year strategy for aiding CBDC rollouts, including the development of a living “CBDC Handbook” for monetary authorities to follow.

A lot of people out there will cheer when these digital currencies are introduced.

But it is imperative to understand that once everyone is using them, your financial privacy will be almost totally gone.

Authorities will be able to track virtually everything that you buy and sell, and I am sure that they won’t hesitate to use that information against you.

Needless to say, the potential for tyranny in such a system is off the charts.

Can you imagine a world in which you are restricted from buying meat for a while because you have already used your “carbon credits” for the month?

Your “financial privileges” could potentially be restricted at any time at the whim of a government bureaucrat, and if you are a big enough troublemaker you could be “deplatformed” from the system permanently.

Of course in order for such a system to have real teeth, cash and other forms of payment will need to be phased out, and that is precisely what is happening right now in Europe. The following comes from the official website of the European Parliament…

To restrict transactions in cash and crypto assets, MEPs want to cap payments that can be accepted by persons providing goods or services. They set limits up to €7000 for cash payments and €1000 for crypto-asset transfers, where the customer cannot be identified.

Ultimately, they will just keep lowering the limits until the use of cash is almost completely eliminated.

Everyone will be slowly but surely forced on to the new digital system, and it will be a system that they control with an iron fist.

And most people will willingly go along with it. These days, most people are just scraping by from month to month and one recent survey found that 70 percent of all Americans are “financially stressed” at this point…

Inflation, economic instability and a lack of savings have an increasing number of Americans feeling financially stressed.

Some 70% of Americans admit to being stressed about their personal finances these days and a majority — 52% — of U.S. adults said their financial stress has increased since before the Covid-19 pandemic began in March 2020, according to a new CNBC Your Money Financial Confidence Survey conducted in partnership with Momentive.

Most Americans simply do not care that these new digital currencies could open a door for great tyranny.

They just want to be able to pay the bills and take care of their families, and if our politicians tell them that this new system is good for the economy they will be all for it.

But those of us that are awake know that more globalism doesn’t lead anywhere good.

Concentrating even more power in the hands of the international elite is always a bad idea, and hopefully we can start to get more people to understand this.

[Paladin2]

US out of the IMF.

IMF out of the US.

[Fungi]

“For example, the United States’ approximately $83 billion contribution is the most of any IMF member, accounting for approximately 17 percent of total quotas. Accordingly, the United States receives about 17 percent of the total votes on both the board of governors and the executive board. The Group of Eight industrialized nations (Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States) controls nearly 50 percent of the fund’s total votes.

Surprise, surprise.

[dforest]

So, how do we stop this? So far we haven’t stopped much.

[I want the USA back]

The One World Government can’t function without a global currency. Which will enable The One World Government to move money from productive countries to non-productive basket case countries.

[unixfox]

Most people don’t even know what the mark of the beast is. They will willingly go along with it. Sad really.

[EvilCapitalist]

The only global currency I’ll accept is gold, or silver.

[ridesthemiles]

I googled “banks & bank branches’ last week.
IN the USA—there are over 4200 BANKS & OVER 72,000 branches.

ALL those facilities will have to install Billions of $$$$$ of equipment before Biden can force us to make these change.

WHAT COMPANY HAS all this equipment sitting on shelves waiting for the ball to drop???

What equipment does the individual need to access THEIR FUNDS???

I have news for the “Leaders” .

EVERYBODY DOES NOT HAVE A FANCY CELL PHONE-—OR COMPUTERS

Many are NOT well versed in electronic transactions.

THIS WILL CAUSE CHAOS & MAYHEM

AND REBELLION

[Osage Orange]

Got water too....Got ways to make clean water..

Got a gasoline camp stove. Doubt they make them anymore. I have a cool little twig and small limbs stove also....

Hope I never have to use them again.

[Irenic]

Many have been building it brick by brick but Biden/demorots have put the pedal to the metal and floored it.

[Bulwyf]

Of course they have.

[Fury]

Re: 5 - I don’t like when stores say no denominations over a certain amount.

Was in a grocery store several years ago shopping. I had two $50 dollar bills. There was no sign that they would not take $50s. But that’s what the cashier said. I explained that’s all I had, and I left my card holder at home. No dice.

The cashier supervisor asked me to put the items back, and I laughed and said not until you post a sign saying you don’t accept $50 bills, and walked out.

[Bulwyf]

Of course they have.

[Secret Agent Man]

They have cheap counterfeit currency pens to test them. They just couldn’t invest a couple bucks.

[conservativeimage]

eunuchoin

[ProtectOurFreedom]

"Can you imagine a world in which you are restricted from buying meat for a while because you have already used your “carbon credits” for the month?"

Even worse, can you imagine a world where you won't be allowed to buy a gasoline powered car or have a natural gas fired stove or furnace?

Wait a sec! Back the turnip truck up, Jasper...they are already doing that without a UMU.

[A Formerly Proud Canadian]

Not the mark of THE beast, but a mark of A beast:

While this comment is PARTIALLY making fun of Trudeau, the DEPTH of evil in his actions (and the actions of his cohorts in the government of Canada), goes well beyond that of a 'normal' human being. IMO, it ranks up there in 'evil' alongside Abraham's 'Pharoah ' in the Book of Genesis, a supernatural evil.

Of course, I suspect that EVERY generation has their 'supernaturally' evil people. In the 20th century, one can look to Hitler, Stalin or Mao, to fit that bill. In this century, I believe that Klaus Schwab and his WEF henchmen and women certainly are, if not satanically 'possessed', at least satanically 'obsessed' JMO.

[BenLurkin]

[datura]

This currency was originally named UCC when it was at the primary market inception. There have been many high level conferences in NY recently to coordinate the initial roll out.

Of course the participants in this scheme all were able to buy into the coins at a very low rate, expecting a huge price increase once it is sold on the secondary markets and exchanges.

I have talked with several participants before, during, and after these conferences, but now that it’s official I can say something.

Some of the financial backers include the normal list of miscreants - Apple, Microsoft, Alibaba, Amazon. Yes, the Chinese are on board.

The talk of a Taiwan invasion is merely a distraction, just like every news item we are all being fed. Even here.

[MV=PY]

"EVERYBODY DOES NOT HAVE A FANCY CELL PHONE-—OR COMPUTERS"

Hmmm... what percentage of the US population is that?

What do you suppose the percentage will be 10 years from now?

Just curious and trying to put things in perspective.

[lee martell]

Have any countries been asking for this ‘Uni-Coin’?
Maybe they are ‘solving’ something that has not been a problem in international commerce.