The Great De-Banking: Global, Draconian And Devastating

Source: Cointelegraph
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As I wrote in my book, The Evil Twins of Technocracy and Transhumanism, the global banking cartel has risen to the surface as the real driver of globalization, Technocracy and the “Great Reset”. In 1973, commercial banks populated the ranks of organizations like the Trilateral Commission. In 2023. they have been replaced by the central banks themselves.

There is a hierarchy in the banking system, where the Bank for International Settlements (BIS) sits at the apex, dishing out policies to individual central banks of member states, which in turn dish out policies to those commercial and investment banks in their respective countries.

We know for certain that the BIS is driving the stampede toward a cashless society with Central Bank Digital Currencies (CBDCs). According to its own website,

The BIS Innovation Hub develops public goods in the technology space to support central banks and improve the functioning of the financial system. We have centres around the world and a global network of central bank experts on innovation. 

There are at least seven such Innovation Hubs “centres” around the world that are equipped with the latest financial technology and development tools. Individual central banks send their development teams to the closest hub to innovate, collaborate and test the use of CBDCs.

At this stage of the game, the chain of command appears to have unleashed major member banks to quash those who buck the master narrative created by the BIS in the first place. The process has been labeled as “de-banking”. (please don’t send emails over the hyphen in de-banking. It is for emphasis.)

When de-banking occurs, the bank accounts of targeted individuals or companies are summarily closed. No reason is given, but neither has any illegal activity been observed. If a customer is engaged in illegal activity like money laundering, illicit drugs, human trafficking, etc., a closure may well be justified.

But not with de-banking.

In the US, JP Morgan Chase suddenly terminated the personal and commercial bank accounts associated with Dr. Joseph Mercola. Several company executives and their family members had accounts terminated as well. They were all de-banked without explanation. It was a “shock and awe” carpet bombing operation to remove what the banking industry sees as a pocket of stubborn, dangerous resistance. Mercola is not engaged in any illegal activity, but he is a fierce and influential critic of Big Pharma, Technocracy, the United Nations, the World Economic Forum and globalization in general.

When asked for an explanation for the de-banking, Chase gave this incredulous statement: “For privacy reasons, we can’t discuss customer relationships, but we don’t close accounts because of political affiliations, and we didn’t do so in this case.”

It should be noted that Mercola.com is a huge commercial operation cycling millions of dollars each month. To most banks, it would be a gem of a profit maker; but not to Chase.

Another high-profile critic of globalization in the UK, Nigel Farage, was similarly de-banked by NatWest, one of the big four clearing banks with over £750 billion in assets. Farage was the original founder of the Brexit movement and has also been a fierce critic of globalization, the WEF, etc., just like Mercola.

NatWest’s website claims,

NatWest Group is a relationship bank for a digital world. We champion potential; breaking down barriers and building financial confidence so the 19 million people, families and businesses we serve in communities throughout the UK and Ireland can rebuild and thrive. If our customers succeed, so will we.

NatWest underestimated Farage’s reach and influence, however, because he quickly released evidence to the nation that he was specifically targeted for his political views. The fallout was stunning.

Reuters headlined an article soon after: NatWest CEO resigns after ‘serious error’ in Farage fiasco.

That was not the end of NatWest’s self-inflicted troubles. A Facebook group was created to attract other de-banked NatWest customers and within days, there were no less than 10,000 members who are now taking action “against the bank’s allegedly opaque debanking practices.”

One member of the Facebook group opined that he “had to use a food bank over last Christmas with no access to my funds.”

Reminiscent of Chase’s response to the Mercola purge, NatWest’s spokesperson answered one journalist’s inquiry,’

“Like all UK regulated banking institutions, we are subject to legal and regulatory requirements and we treat compliance with them as a matter of priority. This may mean we are required to delay or refuse to act on a customer’s instructions and suspend or restrict a customer’s account.” 

So much for NatWest’s pledge, “If our customers succeed, so will we.” 

This is just the beginning and not the ending, of the great de-banking.

Last week, I gave context and meaning for the U.S.,

If implemented as planned, CBDCs will end federalism, crush the U.S. Constitution, destroy the existing banking/financial system and slam dunk Technocracy into place. You don’t want to go along with this? You will be debanked, defunded and thrown out of economic life until you decide to comply.

Now we know for certain that it is global, which means that marching instructions came from a higher level, the Bank for International Settlements.

Consider this just one more strategic initiative in the war against humanity that is set to flip the world into Technocracy. Don’t let Klaus Schwab’s term “Great Reset” confuse the issue. When the WEF says “By 2030, you will own nothing and be happy”, it means you will own nothing. This was Technocracy’s stated goal all the way back to its creation in the early 1930s.

About the Editor

Patrick Wood
Patrick Wood is a leading and critical expert on Sustainable Development, Green Economy, Agenda 21, 2030 Agenda and historic Technocracy. He is the author of Technocracy Rising: The Trojan Horse of Global Transformation (2015) and co-author of Trilaterals Over Washington, Volumes I and II (1978-1980) with the late Antony C. Sutton.
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Rodrigo Joaquin Fernandez

We need uncensorable money that does not steal from you with never ending money printing.

Value = Scarcity + Utility

Bitcoin was designed to be that way.
Please study the Technology.

Forearmed

Bitcoin or any digital currency is a lost cause that is backed by nothing but faith that our electrical grid won’t go down in a modern-day Brown Out, of which you will have no access to your digital currency. Remember that real money is based on precious metals. Currency is based, at this time, on nothing but faith the value of which has been devalued by about 98% since the FED took over our money supply. In other words, you should have been purchasing Gold and Silver, not something that has no intrinsic value of its own.

Corona Hotspott

Neo Bolshevism coming big time with BILLIONS of dead.

Abc

People better wake the h$ll up to who the real enemy is. They still don’t know & most places censor you when you say it since they own the media & it’s lackeys.

[…] Read More: The Great De-Banking: Global, Draconian And Devastating […]

Jonah Kyle

The next step after debanking is, literally, de-living. Interpret that as you will, and you must.

[…] The Great De-Banking: Global, Draconian and Devastating […]

Forearmed

Remember the beginning of the original Jurrasic Park where the men were trying to reposition the cage of the Raptor. A man trying to direct the front end of the cage positioning was grabbed by the Raptor, ostensibly to eat him. Do you also remember what the Australian game keeper yelled? “SOOT HUR, SHOOT HUR” in his inibital Ausie accent. We are at that point in this war upon American citizens when the government is trying to fuque us over. The only thing those DemonRat Raptors fear are bullets such that we should be yelling Shoot Hur, Shoot Hur. Soft… Read more »

[…] The Great De-Banking: Global, Draconian and Devastating […]

Vincent P.

In fact, I’m all for hyphenation in certain circumstances. Now, let’s see. Banks exist why? Because a “nation” gave them a formal charter to incorporate them? And what do these charters say? Surely, the charters for the PURPOSE of “banking”, not for the purpose of running a national and global COUP D’ETAT which is high treason. Charters of banks involved in the global coup can and MUST be terminated. Pull the plug. No more Charter, no more banksters, no more global coup. And while you’re at it, consider what happens to the “money” these crooks create out of thin air… Read more »

Fee Yacht Sale'ur

In the USA, the Federal Reserve Act was passed by the Congress, and signed into law by the president on 12/23/1913. Getting rid of a central bank isn’t like flipping a light switch. Thousands of regional banks are members of the Fed. system. They all participate in the fractional reserve banking scheme that allows them to lend your money out at interest, and borrow against the loans from the Fed. to get more money to lend. The system provides many other ways to profit from money creation. The system is so bad now, that all money in our entire economy… Read more »

Bob

Globalist is SATANIC DICTATION.
GLOBALIST IS CRIMINAL SISTEM

Goalive

Grundständig bleibt zu erkennen, dass wir im Westen uns über mindestens 100 Jahre unter dem Fortschrittsmantra in eine umfassende Abhängigkeit in nahezu allen existenziellen Fragen haben hineimanövrieren lassen und darauf auch noch stolz waren!! Zeit nüchtern die Agenda zu verstehen. 1. Armut, Hunger und Krankheit für alle, dazu Manipulation zur Wehrlosigkeit und Identitätsverwirrung. 2. Auf der Basis sollen nun Wasser und Energie rationiert werden, die Wirtschaft auf Szientismus als einzigen Treiber umgestellt werden, Transhumanismustools eingesetzt werden mit dem Ziel SDG10: ALLE GLEICH. 3. Auf dem Dünger der Vernichtung sollen dann NAC entstehen als Bordelle für Superreiche, in denen diese experimentieren… Read more »

Philatellit

Thanks Pat, for the salient, trenchant, and important article.

Regarding the Bank of Inexpiable Sabotage’s, Seventh Son of an Innovation Hub, what are “public goods”?
“The BIS Innovation Hub develops public goods in the technology space…”

A quick comment on this statement from Chase: “we don’t close accounts because of political affiliations”, I think that could be a true statement. Notice they didn’t say: “because of political opinion”, or “activism”.

BRUCE CAIN

We need to build resistance to this immediately. One thing we could all do is put up a sign to raise awareness. Many of my readers have asked me “what can we do to stop the globalist agenda.” Most don’t have the time or money to travel to protests in DC or to attend City Council meetings and I do get that. But if you are residing in a home one thing you can do is to put up a lawn sign in order to raise awareness. And it won’t cost much over $20 to have the sign, that I… Read more »

MICHAEL

SEEMS LIKE YOU’RE A GOOD BELLWEATHER FOR DEBANKING….WHEN THEY COME FOR YOU I THINK WE ALL HAVE TO WORRY.

[…] July 25, 2023, Chase Shuts Down Bank Accounts of Mercola and Key Employees, debanking and Nigel Farage […]

[…] Great De-Banking: Global, Draconian And Devastating – by Patrick Wood – https://www.technocracy.news/the-great-de-banking-global-draconian-and-devastating/ – As I wrote in my book, The Evil Twins of Technocracy and Transhumanism, the global banking […]