Today, the BIS is getting headlines again because of its direction of central banks to go cashless. It is readily apparent that it has not lost its power and influence over the decades. For anyone wanting to understand how the world really works, this is a must-read paper.
July 21, 2020
Fintech is the financial infrastructure of Sustainable Development, aka Technocracy, and the Bank for International Settlements is the prime architect and driver. But first, cash must be replaced by a digital currency.
The BIS Innovation Hubs are a global network to develop and launch Fintech solutions for the coming Green Economy, aka Technocracy. At least 15 global cities are slated to host an Innovation Hub and each will be staffed with the best computer scientists money can buy.