| South Dakota's Anti-Central Bank Digital Currency Bill
Joseph P. Farrell
 If you’re following the development of pushback in the individual American states against the lunatic plans of Mr. Globalooney for central bank digital currencies, or for that matter, if you’ve been following the several American states initiating state bullion depositories and passing bullion-as-money laws, then you’ll want to pay very close attention to what just happened in my home state of South Dakota, and to what was just signed into law by its Governor, Mrs. Kristi Noem.
South Dakota Gov. Kristi Noem signed two bills into law to reject a central bank digital currency (CBDC), removing it from the definition of money in the state and banning the state from accepting it as payment.Now, as bills go, it is similar in nature to such bills we have seen working their way through other state legislatures. There is, however, something in this bill that really caught my attention, and it’s a harbinger of “more to come”, and suggests something that I strongly suspect is also in the works, and being privately and very secretly coordinated between them:
Yesterday (Feb 23, 2024, Ed.), South Dakota Gov. Kristi Noem signed two bills into law to reject a central bank digital currency (CBDC), removing it from the definition of money in the state and banning the state from accepting it as payment.
Rep. Mike Stevens and a bipartisan coalition of cosponsors introduced House Bill 1163 (HB1163) and House Bill 1161 (HB1161). HB1163 expressly excludes a CBDC from the definition of money in South Dakota, and HB1161 prohibits state agencies from accepting CBDC as a form of payment.
DEFINING MONEY
Under the South Dakota Uniform Commercial Code (UCC), “money” means “a medium of exchange currently authorized or adopted by a domestic or foreign government. The term includes a monetary unit of account established by an intergovernmental organization or by agreement between two or more countries.”
HB1163 adds “The term is not intended and cannot be construed to create or adopt a central bank digital currency” to that definition.
The House previously approved the measure by a 44-21 vote. Last week, the Senate concurred with a vote of 27-6.
Similar legislation excluding CBDC from the definition of money has already been signed as law in Indiana and Florida. (Emphasis added
You’ll have guessed what really grabbed my attention because I have italicized it: The term “money” for the purposes of the South Dakota bill “includes a monetary unit of account established by an intergovernmental organization or by agreement between two or more countries.”This is exactlythe move I have been predicting would happen for some time if the bullion-depository and currency laws of various states were to have any teeth. Units of account are used by banks that deal in large amounts of discrete and different currencies on a regular basis. In short, it is a mechanism for convenient international financial clearing. For a state to make such units of account and to recognize them as legitimate money in the context of banning such recognition to a central bank digital currency means nothing less than that the way is now clear, for South Dakota, under its own law, to enter into such agreements on the value and definition of a unit of account with other states, like Texas.
In other words, South Dakota and its governor have taken a huge step, for such units of account can be used, for example, to settle accounts between those states for South Dakota’s sending of its national guard to Texas to assist Texas in management of the border crisis… and on and on we could go.
So what's my prediction? watch for other states to quickly adopt such measures, particularly in those states establishing bullion depositories and ending taxes on bullion. In other words, now watch for states to agree on the fixation of amounts of silver and gold bullion and specie in regional compacts for use as units of account.
In short, folks, you're watching, in real time, the establishment of a whole new financial system...
... and you'll note that Swampington DC is not being invited to the discussion...
... See you on the flip side...
Born and raised in Sioux Falls, South Dakota, Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar was published in the spring of 2002, and was his first venture into "alternative history and science". Following a paradigm of researching the relationship between alternative history and science, Farrell has followed with a stunning series of books, each conceived to stand alone, but each also conceived in a pre-arranged sequence:
- The Giza Death Star
- The Giza Death Star Deployed
- Reich of the Black Sun
- The Giza Death Star Destroyed
- The SS Brotherhood of the Bell
- The Cosmic War
- Secrets of the Unified Field
- The Philosophers' Stone
- The Nazi International
- Babylon's Banksters
- Roswell and the Reich
- LBJ and the Conspiracy to Kill Kennedy
- Genes, Giants, Monsters and Men
- The Grid of the Gods, with Dr. Scott D. de Hart
- Saucers Swastikas and Psyops
- Yahweh the Two-Faced God: Theology, Terrorism, and Topology, with Dr. Scott D. de Hart (Amazon Kindle e-book)
- Transhumanism: A Grimoire of Alchemical Altars and Agendas for the Transformation of Man (with Dr. Scott D de Hart, 2012)
- Yahweh the Two-Faced God: Theology,Terrorism, and Topology (Lulu Print-on-demand book, 2012)
- Covert Wars and Breakaway Civilizations: The Secret Space Program, Celestial Psyops, and Hidden Conflicts (2012)
- The Financial Vipers of Venice: Alchemical Money, Magical Physics, and Banking in the Middle Ages and Renaissance (2013)
- Covert Wars and the Clash of Civilizations: UFOs, Oligarchs, and Space Secrey (2013)
- Talk Radio for the Eyes: Transhumanism in Dialogue; with Dr. Scott D. de Hart (2013)
- Thrice Great Hermetica and the Janus Age: Hermetic Cosmology, Finance, Politics and Culture in the Middle Ages through the Late Renaissance(2014)
- The Third Way: The Nazi International, The European Union, and Corporate Fascism (2015)
- Rotten to the (Common) Core: Public Schooling, Standardized Tests, and the Surveillance State (2o16)
- Hidden Finance, Rogue Networks, and Secret Sorcery: the Fascist International, 9/11, and Penetrated Operations
- Hess and the Penguins: The Holocaust, Antarctica, and the Strange Case of Rudolf Hess
gizadeathstar.com
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