Geopolitics & Empire

Miles Harris: The Coming CBDC Unified Ledger or Global Digital Gulag

Nov 4, 2025
Miles Harris, an independent commentator on global finance, dives into the looming implications of central bank digital currencies (CBDCs) and their potential to create a global digital surveillance system. He discusses China's economic resilience and the push towards a multipolar world amid debt crises. Harris warns about the dangers of digital IDs and cash removal, outlining how they facilitate control. He also shares historical precedents of financial systems, emphasizing resistance strategies for preserving privacy and freedom in a digitized society.
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ANECDOTE

Academic Roots In Transitional Economies

  • Miles studied transitional economies and focused his thesis on why China was insulated from crises.
  • He contrasted China's gradual opening and closed capital account with the sudden 'shock therapy' of Russia.
INSIGHT

Debt System Requires A Major Reset

  • The debt-based Western system cannot continue without a major reset and balance-sheet cleanup.
  • Central banks and elites seek to offload dollar assets and shift burdens onto private individuals.
INSIGHT

ISO 20022 Reveals Monetary Convergence

  • The ISO 20022 messaging pipeline is a convergence tool enabling metadata, KYC and smart contracts across borders.
  • A supposedly multipolar world is still building a convergent monetary/identity architecture.
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