By Patrick Wood
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 In 2023, they have been replaced by the central banks themselves.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.”
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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; this time 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.
Source: Technocracy News & Trends
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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