In the first half, former senior banking officer John Truman Wolfe discussed the plan for a digital currency by central banks to replace cash. Because this digital currency will be trackable, he believes it will enable invasive government surveillance of spending habits, resulting in a catastrophic loss of privacy. This new form of money will be called CBDC-- Central Bank Digital Currency, and he said that 80% of the world's central banks are in the process of testing it out, with China the leader in the process. Four provinces in China are already operating with digital currency, he added, with people being paid with it, and making purchases using it. Wolfe contends that the ultimate intention behind rolling out CBDC is to create a global currency controlled by the IMF and eliminate all separate national currencies.
He expects that China will have a wider rollout of digital currency by 2022, with the United States following probably a couple of years later. According to Wolfe, the president of the Federal Reserve Bank in Cleveland (one of the 12 Federal Reserve Banks in the US) said they're exploring the possibility of customers having their digital accounts stored at the Fed, bypassing private banks. To counteract the privacy intrusions of digital currency, he recommends having some investment in cryptocurrency, which operates on a decentralized platform. Of some 5,000 coins on the market, he estimated that about 1/3 of them are based on legitimate business models. He believes that crypto is here to stay, and while bitcoin has currently dropped below $30,000, he foresees it could be valued somewhere between $50,000 and $100,000 by the end of the year.
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In the latter half, psychic and spiritual teacher Vincent Genna talked about contacts with various extraterrestrials with whom he consults in spirit form, as well as his dedication to helping inspire people to believe in themselves so they can use all their gifts to fulfill their dreams. The ETs are part of a council, beings from all different universes that are together to offer guidance, he suggested. They wanted to get the truth out about who they are and why they're visiting Earth, Genna said, and he found that they're not malevolent whatsoever, and are highly evolved spiritually.
Just as people have spirit guides and guardian angels, ET spirits (not in physical form) can also assist on this level, and that is why some individuals become fascinated with the topic of UFOs, space, and aliens, he explained. Genna also spoke about how he was influenced by studying the Edgar Cayce material early in his psychic career. His writings served as a foundational basis for Genna learning to understand the spirit realm, he said, and further, Cayce characterized ETs as our "brothers and sisters." Sharing his psychic insights for this year, Genna foresees that the COVID situation with the Delta variant will worsen before it gets better. During the last hour, he offered readings for callers.
News segment guests: Lauren Weinstein, Steve Kates