The Federal Reserve is making moves to implement a Chinese-style social credit system in America, under the guise of saving the planet from “man-made climate change.”
The Federal Reserve’s “pilot exercise” will begin next year. The exercise will act as a trojan horse to roll out a Chinese Communist Party-like social credit score system.
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The Dossier reports: Here’s some more detail about how we can expect this “pilot exercise” to move forward in the coming months.
In all likelihood, The Fed will follow in the footsteps of the Eurosystem.
In January 2022, the European Central Bank (ECB), which manages the Euro, launched its own climate “stress test.”
This quickly resulted in a July 2022 “climate action plan” to “include climate change considerations in the Eurosystem’s monetary policy framework.”
Over the span of just 7 months, the ECB transformed their monetary policy to “support the green transition of the economy in line with the EU’s climate neutrality objectives.”
In order to “decarbonize” the European economy, the ECB will proceed to “limit the share of assets issued by entities with a high carbon footprint.” The ECB will also limit the borrowing power of institutions that are not considered carbon compliant.
The Europeans now, suddenly, have a “green” Social Credit Score system.
Will The Fed follow suit?
To get a sense of The Fed’s commitment to the climate hoax, we can review a prominent Federal Reserve official’s speech last month at the Brookings Institution in Washington, D.C. Many consider the left wing policy shop as the most influential think tank in the United States.
“As our nation, and the world, grapple with how to respond to climate change, banks are increasingly focused on the risks that climate change brings to their balance sheets,” said Fed Vice Chair Michael Barr, an institutionally progressive Biden Admin appointee.
He added (emphasis added in bold):
“The Federal Reserve is working to understand how climate change may pose risks to individual banks and to the financial system. The Federal Reserve’s mandate in this area is important, but narrow, focused on our supervisory responsibilities and our role in promoting a safe and stable financial system.”
Barr, who has served as an adviser to the Gates Foundation and the Clinton Foundation, and worked in government as a top Obama Administration Treasury Dept official, continued:
In the near-term, we intend to work with the Office of the Comptroller of the Currency (OCC) and the FDIC to provide guidance to large banks on how we expect them to identify, measure, monitor, and manage the financial risks of climate change. In addition, we are considering how to develop and implement climate risk scenario analyses. In that regard, next year we plan to launch a pilot micro-prudential scenario analysis exercise to better assess the long-term, climate-related financial risks facing the largest institutions.”
Then on Thursday, The Fed announced that it was launching its “pilot exercise” on climate.
If it mirrors the Eurosystem process, the Federal Reserve’s pilot exercise will indeed become the first step for the framework of a Federal Reserve imposing a social credit score system attached to the U.S. Dollar. The banks are arguably incentivized to go along with the program, as those who go along with the agenda become the ultimate middlemen for all U.S. banking activity.
The New York Times, a major advocacy journal for the “green transition,” commented that the exercise would improve a Federal Reserve that “often lagged behind its global peers when it comes to talking about and coming up with a plan for policing risks related to climate change.”
Reuters, another pro climate catastrophe publication, cheered the “pilot exercise,” writing that “The potential effects of climate change – namely through rising sea levels, worsening floods and fires … could destroy trillions of dollars of assets around the globe.”
The banks involved in the exercise — Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo — hold a combined majority of all U.S. banking assets, meaning a Fed decision would likely have the top-down effect of crushing small and community banks that do not have the resources to to comply with its monetary edicts.
If the Big Banks comply with this hyper activist Federal Reserve (which, more than ever, needs a manufactured crisis to take weight off of its monetary policy failures), the American Social Credit Score system will be here a lot sooner than many project.
Sean Adl-Tabatabai
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Accountants here are telling their clients not to purchase alcohol or junk food or pornography or anything “anti social” on their credit cards or with cheques Only to use cash for those transactions and not online.
Or MEAT. Only cricket or soy will be allowed, unless you’re a part of the big club.
Yes anything deemed by THE MORAL AUTHORITY to be anti social.
The popes have been excommunicated by the common wealth more times over the years than you have posted in the last ten years.They have never had any MORAL AUTHORITY and in fact have committed more crimes on humanity than even the CHURCH OF ENGLAND could allow
Your so called MORAL AUTHORITY-pope`s) have been DEEMED IMMORAL by the CHURCH OF ENGLAND and been excommunicated so many times over the ages that they are as powerless as the fallen britty empire in ruins via child molesting catholic priests&popes
The USDebtclock is nearing to 31 Trillion .
There’s only 7 Years to the Centennary of the Wall street Crash .
And you know apart from all his other assets Charles inherited the legal claim to lands globally estimated to be worth 33 and a half TRILLION dollars. He could buy America.
I don`t see the king&pope living togather anytime soon and just like over the years the pope`s will be excommunicated by the common wealth.even bloody olt has more honner than your misread moral authority powerless fake child molesting priests
I do believe, that you are incorrectly recognized. Let us discuss it.
The Federal Reserve Bank is the enemy of everyone on the planet.
You don’t even know who owns it You’d be the type of who’d run to a building and try to burn it or kill the employees in there thinking you were going to change the world. You’d just get shot or locked up. Or youdcturnbinto another of their favourite pasties, the neo nazi brigade of suckers. And then God would send you to Hell for attacking Him and his people.
you don’t know anything about me, dick.
fat fuk
jabba da hut basement dweller.
how much do you weight 300? 400?
how did you get that media matters job you got there, you traitor?
loser.
yeah, the purple hair make your fatness invisible, along with the eyebrow piercing and pony tail, the extra fat is totally invisible.
come on Josey, he can’t be that fat. take it easy
The judgement of the nations by CHRIST himself would tend to indicate that a judgement is needed and that the world and the people here are not carrying out GOD`s will so CHRIST will in the judgement of the nations.CHRIST IS THE ONLY MORAL AUTHORITY forever living priest.The catholic priests are been kicked out of the common wealth endlessly and were never a world power at all!.And were immoral more times than they raped nuns&kids
It’s always been an illegal entity here… They are really good trainers though.. They have trained all of us to believe they are our boss. They are NOT our boss… America needs to collectively toss them OUT…
Well you can’t. You can dream But since most Americans don’t even know who they are, even when they’re told straight out, you’ve got zero chance.
Agreed..
As an American, I have my inalienable rights, deprive me of them you die.
Grow up. You’ve got nothing but the right to comply.
hiding behind your key board, dick
you have the right to suck your own dick
Go away before you get hurt loser.
hey man, you parents really did love you. really
is this a picture of you? https://uploads.disquscdn.com/images/a626a48d6eb3bc6080015fa979fd9803e9bb7f53e56ee3c979cec933b01dab4a.jpg
are one of these people you? https://uploads.disquscdn.com/images/a7781d61e50f88fd94e8f6d4ff041028c1cb6a4f8fcfb55361d805e49f8d43fc.jpg
you need to do something about the weight anon. you are disgusting.
don’t do anything drastic, call the suicide hotline. they can help you.
you can go to your safe place and huddle with the rest of your media matters buddies and tell each other it will be all okay.
pink haired, tatted, pierced faced insane fat fuc freak.
FAGGAT
Up Uranus with your socialized credit score.