Unification Of CBDCs? Global Banks Are Telling Us The End Of The Dollar System Is Near

The IMF's XC Model - A Centralized Policy For CBDCs The IMF's XC platform was released as a theoretical model in November of 2022 and matches closely with their long discussed concept of a global Special Drawing Rights basket, only in this case it would tie together all CBDCs under one umbrella along with "Legacy currencies." It's promoted as a policy structure to make cross-border payments in CBDCs "Easier" and this model is focused primarily on currency exchanges between governments and central banks.

The IMF suggests that the XC platform would make the transition from legacy currencies to CBDCs less complicated for the various nations involved.

Bank For International Settlements Unified Ledger Not more than a day after the IMF announced their XC platform goals, the BIS announced their plans for a unified ledger for all CBDCs called the 'BIS Universal Ledger.

' The BIS specifically notes that the project is meant to "Inspire trust in central bank digital currencies" while "Overcoming the fragmentation of current tokenization efforts." While the IMF is focused on international policy control, the BIS is pursuing the technical aspects for the globalization of CBDCs.

CBDCs Automatically Require The End Of The Dollar As World Reserve So what do all these globalist projects with CBDCs have to do with the dollar and its venerated position as the world reserve currency? The bottom line is this: A unified CBDC system completely excludes the need or use-case for a world reserve currency.

The Unified Ledger model takes all CBDCs and homogenizes them into a puddle of liquidity, each CBDC growing similar in characteristics over a short period of time.

Sure, some countries might be able to separate their currency to a point with superior production or superior technology, but the old model of having a big military as a way to ensure Forex and trade favors is dead. Eventually the globalists will make two predictable arguments: 1) "A world reserve currency under the control of one nation is unfair and we as global bankers need to make the system "More equal." 2) "Why have a reserve currency at all when all transactions are moderated under our ledger anyway? The dollar is no longer any more easy to use for international trade than any other CBDC, right?" Finally, the dollar has to die because it's an integral part of the "Old world" of material exchange. 

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