A couple of days ago, I came across a very interesting post mentioning Agustin Carstens, a Mexican economist and general manager of BIS (Bank of International Settlements) since December 2017.

BIS is an international financial institution owned by central banks that “fosters international monetary and financial cooperation and serves as a bank for central banks”. 

The post said…

The general manager of BIS, Agustin Carstens confirms that CBDCs (in partnership with BIS) will end the corruption of traditional FIAT by enforcing regulation and transparency on all transactions via blockchain, whether institutional or retail.

CBDC means Central Bank Digital Currency (the digital form of a country’s fiat currency). 

I searched online to verify this information (due to the ocean of fake news that makes it almost impossible to know what’s true or not) and indeed…it’s valid.

I found an article on OneNewsPage, published 5 days ago, entitled CBDCs will end the corruption of traditional FIAT.

The short video is hosted on Rumble and I embedded it here, so let’s watch the important message of Agustin, and then I’ll discuss what this means for business owners and its implications in marketing.

CBDCs To End FIAT Money?

What’s happening in the economy?

In the video, we see the date October 18, 2020.

But this information rolled out only a few days ago. That’s strange, to say the least.

Now, we clearly see that BIS is moving to enforce regulation and transparency on all transactions, so the question is this.

What is happening in the economy right now?

Let’s see, lots of things are happening.

The US Dollar is going down, euro too. FIAT currencies can’t really survive in the long run.

USD (United States Dollar) is changing to USTN (United States Treasury Note).

USD is FIAT money, USTN is denominated in gold. USTN will be available in digital format and paper.

Related:

• New US currency already in our money supply (USTN info)

Not long ago, I shared insights from an eBook entitled “Economic Crash”, where in an interview between Jeff Hays, co-founder of Revealed Films and Robert Kiyosaki, financial advisor, entrepreneur, and author of the book “Rich Dad Poor Dad”, Robert highlighted the big problems derived from fiat currency and what we can do instead.

Robert Kiyosaki pointed to May 7, 1971, as the date that the stability and viability of the American economic system hit its most important turning point in history.

On this fatefull day, President Nixon took the dollar off the gold standard, effectively rendering it a fiat currency. History has not been kind to fiat currencies, and they don’t survive long-term — they are in fact a harbinger of an EndGame scenario.

This was the beginning of the end for the US dollar if you ask me. Now, there are rumors that the US dollar is already matched in gold but this information has not yet offically disclosed.

According to Dianne Marshall…

Fiat currencies are produced by central banks and commercial banks’ credit expansion. In fact, central banks in cahoots with commercial banks increase the outstanding money supply by extending loans to firms, private households, and government entities. It amounts to money creation from thin air or—in a way—counterfeiting money as there is nothing to back it.

The “out of air” credit-based issuance of new fiat monies artificially lowers the market interest rate below its “natural level,” making savings decline, consumption increase, and, on top of that, triggering additional investments. None of which would have happened in this way had it not been for the credit-based injection of new fiat money into the economic and financial system. The boom brings overconsumption and the economy lives beyond its means.

Some countries are already trading new digital coins which are matched in gold.

China, Russia, India, Philippines, Iraq, Iran, maybe even South Korea. They exchange their goods with the new currencies, matched in gold.

This is huge!

According to FarsNews, Iran and Russia are mulling the recognition of the MIR banking system.

The WallStreetJournal reported that Iran established a clandestine banking and finance system to handle tens of billions of dollars in annual trade banned under U.S.-led sanctions, enabling Tehran to endure the economic siege and giving it leverage in multilateral nuclear talks, according to Western diplomats, intelligence officials and documents.

On March 27, Wall Street Silver posted a tweet showing Vladimir Putin predicting dollar and euros demise and everyone moving to “real reserves of raw materials” like “land, food, and gold”.

According to HalTurnerRadioShow, the Central Bank of Russia has officially announced that, as of March 28, 2022, the Russian Ruble currency is BOUND to Gold. The rate is 5,000 Rubles per gram of gold bullion.

Russia just wiped out about thirty percent (30%) of the value of the US Dollar, worldwide, when it comes to Gold Bullion.

Maybe the economic sanctions against Russia did not go so well. Most European countries are heavily dependent on Russia for energy (gas), and are now forced to pay in rubles rather than euros. The deadline is March 31.

Related:

• Russia’s gas supply to Europe at risk as ruble payment deadline nears
• China is making serious moves in the gold and currency markets as the world edges closer to a new monetary system

Quantum Financial System (QFS)

Thousands of people are discussing daily on social media about a new monetary system, called QFS. 

CryptoWhat highlights that is time for something new.

A new financial system is tearing down the old one and shaping up to be a better one.

That’s where quantum comes in. The quantum financial system is designed to empower the people. It’s based on trust, transparency and security.

Enter QFS.

QFS literal meaning is Quantum Financial System, which is an advanced financial system launched to eradicate monopoly on monetary system and for that purpose, a system comprises of Artificial Intelligence and complex computer programs fully backed by banks is needed. Quantum Financial System would be a break through in the world of banking which will lead to a new era of banking. QFS will not be influenced by Government policies, rather it will be entirely backed by tangible assets like Gold, Platinum, Oil and will not be based upon mere piece of papers which have no evidentiary value.

I believe we’re going to hear a lot about QFS in the near future. Is this true or just a story, a theory?

Implications in Marketing

As we already shared many times, the world is changing and we are going to witness big shifts going forward.

In another article, I discussed if money is all that it counts and I expressed my concerns about the current situation in today’s world.

We also lost our direction.

The signs are clear, people are suffering. Society, economy, science, politics, religion, entertainment & media, all institutions and values are constantly being shaken.

I predicted that entrepreneurs should focus on impacting the world and not on money. They should focus on adding quality to people’s lives and becoming knowledge transmitters that help their customers succeed. They should focus on educating and entertaining their fans and followers.

I discussed that listening, helping, giving, caring, and impacting lives are universal values. And the universe has a magic way to give back to those who give freely.

That’s exactly what we are doing with the “7 Ideals” methodology. Our value-driven customer-centric strategy will set your brand up for success. It’s the only method that makes thriving brands.

The economy suffers because of FIAT money. That’s a fact.

Unregulation causes a series of problems, with the most obvious being corruption. Some people are greedy and when they get to possess power, they are being corrupted and used by others.

I believe we need a new monetary system where currencies are bound to gold and other precious metals. Whether this is called QFS or not, the world needs to step away from the current system that is driving us to a dead end.

We lost our balance but it’s in our hands to change things.

It’s also time that we change as business owners and do marketing a little bit differently.

Brands that are focused only on profits and sacrifice quality or other values for the sake of money, will have a very hard time surviving.

Think of all these problems that humans face today and imagine what you can do to solve them in the most impactful way.

As an entrepreneur, you love solving problems, so this is the time for reevaluation, reconsideration, and action.

Marketing was all about the customer but only in theory so far (at least for the majority of brands). Maybe it’s time to put theory into practice.

Are you with me?

We are also going to witness a cleanup in the marketplace where fraudulent companies will lose their share.

When more and more countries back their currencies with gold, scammers, speculators, and other pursuers will find their way out of the system.

Companies that do not respect the environment and living organizations will get dethroned, no matter the size.

It’s an era of transformation. Get prepared, there’s time to change.

Your Stand Is Your Brand

What do you stand for as an entrepreneur?

Do you put your customers first? Is money just a medium to get in touch with people or your life goal?

Are you going to add value to people’s lives, educate and entertain them?

Are you going to provide them with a superior experience?

Do you abide by ethical business practices?

Are you in it for the impact?

Do you want to build your own community and movement?

Are you strategically organized for the new era of marketing?

Join us in the upcoming “7 Ideals” beta group.

That’s it, another article has finished, here on Web Market Support. I am waiting for your comments and thoughts. Till next time.