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Saturday, April 15, 2023 11:50:00 PM
Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF.
Universal Monetary Unit (UMU), symbolized as ANSI Character, Ü, is legally a money commodity, can transact in any legal tender settlement currency, and functions like a CBDC to enforce banking regulations and to protect the financial integrity of the international banking system.
The press release says that the organization consists of “sovereign states, central banks, commercial and retail banks, and other financial institutions”…
The DCMA is a world leader in the advocacy of digital currency and monetary policy innovations for governments and central banks. Membership within the DCMA consists of sovereign states, central banks, commercial and retail banks, and other financial institutions.
Basically, it sounds like a secretive cabal of international banks and national governments is conspiring to push this new currency down our throats.
We are being told that the “Universal Monetary Unit” is “‘Crypto 2.0”, and those that created it are hoping that it will be widely adopted by “all constituencies in a global economy”…
The DCMA introduces Universal Monetary Unit as Crypto 2.0 because it innovates a new wave of cryptographic technologies for realizing a digital currency public monetary system with a widespread adoption framework encompassing use cases for all constituencies in a global economy.
THE DEMISE OF THE USD AS THE GLOBAL RESERVE CURRENCY IS PICKING UP SPEED!!!! THIS MEANS ALL THOSE TRILLIONS OF UNWANTED USD WILL RETURN TO THE DOMESTIC ECONOMY AND HYPER INFLATION WILL RAGE BEYOND IMAGINATION!!!!!!
INTEREST RATES WILL SKYROCKET!!!!!!!!!!!!!!
THE FED AND MARKETS ARE IN COMPLETE DENIAL ABOUT WHAT WILL HAPPEN!!!!!!!
![Bearish](/static/images/ih2-bear.png)
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