An Iranian banking official revealed Thursday that all Russian banks and 106 banks in 13 other countries have been connected to Iran's financial messaging system known as SEPAM.
With SEPAM, Iranian banks are no longer in need of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network, Mohsen Karimi, the deputy governor of the Central Bank of Iran (CBI) for international affairs confirmed.
On Sunday, the CBI announced that the SEPAM and the Financial Messaging System of the Bank of Russia known as SPFS, a Russian equivalent of the SWIFT, were connected following the signing of a deal between the two central banks on the same day.
The move was the first step of the joint action plan for banking cooperation between Iran and Russia agreed by the two countries' central banks last year, CBI Governor Mohammadreza Farzin says.
Iran and Russia, both under sanctions imposed by the United States, have been expanding their political and economic relations to counter the US moves.
The world can't live without the things these five countries survive. How Russia and China got Iran and Saudi Arabia to kiss and make up, I don't know, but that's the lynch pin of the whole deal.
All of the years we allowed our republic to be hijacked by monsters to oppress the world and we did nothing is what we are going to receive back double as payment. And hardly anyone in America has a clue what's coming.
We will need to get used to sorrow and suffering. We will need to pray with all our hearts. Faith in Jesus Christ and national and personal repentance are our only hopes.
Your comment is a big-picture "keeper".
I know all they have left is war and soon that's not going to be an option.
Its possible that the CBDC will roll out once the dollars roll in from countries all over the world to "solve" inflation, while simultaneously integrating a digital surveillance system in guise as currency.
But I think, and am praying, the CBDC roll-out will be a big flop. What is unsaid in all their hype is that any new currency that is unbacked will have to deal with all the remanent Dollar obligations they are trying to walk out on. I don't think the $Trillions of Dollars of obligations held by creditors are going to be released so easily. And if they claim they will just "convert" to the CBDCs, then what is the point ? - it will become just as insolvent as the Dollar, then.
No, the smart, big creditors are going to get out before this happens, and store their value in something either real, or solvent. That will collapse the Dollar. The next trick the Fed and ECB will then try is to shove it down all the plebs' throats by assigning it a value and giving it away, to "restart" the economy. Worldcoin is already trying this, and it will flop, too. Whether people who are working are aware of it or not, money MUST originate in value from wealth. No one can just march in with guns or otherwise, and impose value. People inherently know value, and lack of it. The only reason the Dollar has held on as long as it has, is because it originated in value and product, and was diluted down from there.
There will eventually ( maybe soon ) be a one-world government and commerce restrictions on those who will not receive The Mark of the beast. However, I for one do not think the digital currency plans will be the vehicle for such. For the End Times situation to occur, there has to be a world, including the elite who are the world's creditors, all clamoring for a dictatorial deliverance and complete control of all commerce by one entity. All the world ( except for the Elect ) must be willing to give up all, including past obligations, for this world dictator. They will all be given over to a depraved mind that completely loves evil and godlessness even over what they were previously owed.
I am therefore not that concerned over the best laid plans of mice and Fed for CBDCs.
That's what the jews have been doing with the US FIAT Petro Dollar, backed by NOTHING since 1971. It has worked so far, it will continue to work.....unless the USA loses this WAR with Russia.