The European Central Bank released a few report a few days ago detailing its interest in the study of implementing a digital Euro. This matter will be decided by the Eurosystem, Europe’s financial ecosystem. A possible first phase, called the investigation place will begin should they decide so. The abovementioned report also included detailed speculations regarding how a digital Euro would affect the Eurosystem and how it could future payments security. What is more, the report acknowledges the importance and necessity of a digital Euro for the European Union’s economy and prosperity. Last but not least, the report listed the requirements that the digital Euro has to fulfill to become integrated in the Eurosystem. I have little doubt this will be implemented at some point. Do you think we'll ever see a digital Dollar too?
One of my friends, is making 3x extra salaries, in the same proffesion as his main, yet without paying any taxes. Basically only 25% of his income is taxed AND on the top of that, another ~3x salaries from activities, that are not related to his main proffesion. Thus, only, around ~10% of his income is taxed. Word. This would be a huuuge hit to the shadow, as my friend is just one of the tiny type of examples that i know. The Irony : guy gets pi××d off by the articles in the news, that mentions, that goverment is thinking about raising the taxes.
It's all about the shadow economy. The EU has a very large shadow economy due to VAT and the US is on the low side.
The New World Order cannot function without a digital money. At some point in time we will have one single digital currency for the whole planet. The creation of this "money" has absolutely nothing to do with "security" or "economic stability". "And the second beast required all people small and great, rich and poor, free and slave, to receive a mark on their right hand or on their forehead, so that no one could buy or sell unless he had the mark— the name of the beast or the number of its name." Revelation 13:17
According to the Milken Institute, the US and Switzerland have the smallest underground economies at 7.1 and 7.9% of GDP. The Milken Institute roughly estimates the size of the EU underground economy to be $3 Trillion per year. Which sounds insane. And it's pretty much all about VAT avoidance. https://www.milkenreview.org/articles/the-curse-of-cash
Again, it's the same idea: paper cash is "bad" so we should create a "new" currency that will "prevent" the problems described in the article from happening. Right, as if illegal activities never existed in the past, starting from Adam et Eve! What a joke.
The EU’s digital Euro project is taking flight as the move to a pilot program is worked on. The newest development is the Market Advisory Group additions of at least new 30 senior professionals that will add their expertise. The European Central Bank (ECB) is the prime mover here, naming the group ‘The Eurosystem’s High-Level Task Force on Central Bank Digital Currency”. Some of the major contributors to the Digital Euro Market Advisory Group are Deutsche Bank, Societe General, BBVA, and Nordea among many others.