James Corbett | CBDC, Blackrock, Aladdin AI, and What JFK Really Said About Secret Societies
Oct 10, 2023
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James Corbett discusses Central Bank Digital Currencies, Blackrock's role in the financial system, and the propaganda narrative surrounding climate change. They also explore JFK's stance on secret societies and the Federal Reserve. The podcast also delves into the concept of self-reflection and the feeling of peaking.
Central Bank Digital Currencies (CBDCs) have the potential to transform the economic system, but concerns arise regarding centralization and the potential for control and surveillance.
BlackRock's influence and investment strategies, along with their Aladdin AI software, raise concerns about financial market control and manipulation, emphasizing the need for public awareness and understanding.
Deep dives
CBDCs: The Future of Digital Currency
CBDCs, or Central Bank Digital Currencies, represent a new form of money being introduced by central banks. This digital currency, issued by the central bank, is a liability directly from the central bank itself, just like physical cash. CBDCs have the potential to transform the economic system, with various ways of implementation. However, concerns arise regarding centralization and the potential for central banks to monitor and interfere with daily transactions. This programmable money could be used to impose restrictions, such as limiting spending based on location or other circumstances. While CBDCs have already been implemented in some countries, public awareness of this new form of currency is crucial.
BlackRock: Direct Investment and Aladdin AI
BlackRock, a major investment firm, has been making headlines for its influence and investment strategies. One notable aspect is the concept of direct investment, where central banks create commercial bank money that goes directly into the economy. BlackRock proposed this approach as a solution for inflating the economy in the event of a crisis. Additionally, their proprietary investment analysis software called Aladdin, powered by AI algorithms, plays a significant role in calculating risks and advising clients. The scale of BlackRock's influence is immense, with trillions of dollars under management by Aladdin. However, concerns arise regarding the potential control and manipulation of financial markets through this software, amplifying the need for public awareness and understanding.
ESG and Net Zero: Greenwashing and Control
Environmental, Social, and Governance (ESG) ratings and the concept of achieving net zero emissions have gained prominence recently. While these initiatives appear to address valid concerns about the environment and climate change, there are concerns about greenwashing, where investment in specific companies is based on ESG criteria rather than genuine efforts for sustainability. The true aim may be directing investments into companies that align with the interests of firms like BlackRock. Policies associated with ESG ratings and net zero can have significant consequences, including limitations on industries such as construction or travel. Despite increasing awareness and pushback against these agendas, active involvement in investment choices and conscious support for sustainable initiatives remain key to counteracting the influence of entities like BlackRock.
Reevaluating JFK's Legacy: Trade Speech and Monetary Policy
The legacy of John F. Kennedy (JFK) often sparks discussions and interpretations surrounding his presidency. However, it is essential to reevaluate certain aspects. One example is JFK's trade speech to the media association, where he threatened the press with the need to prioritize national interests during a time of war. This context differs from the popular notion of JFK being a crusader against secretive conspiracies. Similarly, misconceptions surrounding JFK's stance on the Federal Reserve exist. Executive Order 11110 actually empowered the Federal Reserve rather than challenging its authority. JFK's assassination should not overshadow a critical examination of his actions and decisions during his presidency.
MUSICAL CREDITS Intro Song by Destiny Lab Intro Music: Breaking News By Moments Outro Music: Ballistic By JMPSCR Music: Peaking Through The Curtain By HoliznaRaps
Music in this podcast released under a Creative Commons Attribution International 4.0 License Thanks To Soundstripe and FMA CC4.0