Transcript of the above video:

As the title of this video suggests, we are discussing the Digital Money issue yet again. I want to be clear when I talk about this one here, I am not just focusing on Thailand; this seems to be a worldwide phenomenon. They're trying to get us onto all this Digital Money, it's not just Thai politicians and in fact, it's not all Thai politicians by something of a darn sight, just based on my observation here, but elsewhere I can't speak to. Long story short, politicians are pushing Digital Money. This is an international problem; we all have this problem. Every nation state around the world is going to have to push this back if we want to maintain any level of our own liberties. 

That said, I thought of making this video after reading a recent article from Oxfam, oxfam.org, the article is titled: Up to $41 billion in World Bank climate finance unaccounted for Oxfam finds. Quoting directly: "Up to $41 billion in World Bank climate finances - nearly 40% of all climate funds dispersed by the Bank over the past 7 years - is unaccounted for due to poor record keeping practices..." - $41 billion, poor record keeping practices! I keep thinking of that line from Dumb and Dumber where they get caught like sort of at the end, and they open up the briefcase that once had a million dollars in it, the guy is like "what's this?" goes, "These are as good as money sir. These are IOUs." I mean is that what happened here? Somebody busted open some briefcase at the World Bank and they were like "hey these are as good as climate change dollars, these are IOUs." I mean I have to beg the question at this point, is that "what's going on here?" In any event, quoting further: "..reveals a new Oxfam report published today ahead of the World Bank and IMF Annual Meetings in Washington D.C. An Oxfam audit of the World Bank's 2017 - 2023 Climate Finance portfolio found that between $24 billion and $41 billion.." - so they don't even know the number -  "between $24 billion and $41 billion in climate finance went unaccounted for between the time projects were approved and when they closed." 

Now bear in mind, this is the World Bank, okay? This is not like "oh we handed it off to some subcontractor and it all vanished", no it's the World Bank themselves who can't “account” for it, and I'll get into digital money here in a minute, but let's stop and think for a minute. They're going to use their own ineptitude, or you could maybe even argue corruption, as the reason we need Digital Money. You wait for it. They're going to say that. "Look, we lost 41 billion bucks, I mean we got to have Digital Money. That way it's on a blockchain, we can take keep track of it, blah, blah." Are you telling me that when this becomes digitized, they can't lose even more money, with even less accountability? Because they would be the ones controlling it. You're telling me they're going to have more accountability under those circumstances? They can't even find $41 billion now in a paper system which I don't even know how you do that. I mean all money leaves a trail. $41 billion, or even let's take the lower number, because they don't know how much it is. It could be $24 billion. $24 will leave a trail, $24 billion will leave a mess of crap behind it, that could fertilize the Sinai. I mean I have got to imagine, the trail would go on forever and they can't find it, and you're telling me Digital Money is going to go out there and fix this problem. Yeah, come on. Quoting further: "There is no clear public record showing where this money went or how it was used, which makes any assessment of its impacts impossible." Money just disappeared! You're telling me when everything becomes digital, all our tax money all our debt, everything we owe, buy, sell, trade - all surveilled - you're telling me the Government is not going to make things disappear to their own ends? They're already doing it in a system that I thought was pretty well trackable and traceable. Meanwhile, every time you hear the terminology "money laundering" or "know your customer", never forget that the World Bank lost between $24 billion and $41 billion. Billion with a B. Where is it? Who has it? Talk about "know your customer"! These guys don't even know where their own money is. 

Quoting further: "It also remains unclear whether these funds were even spent on climate-related initiatives intended to help low-and middle-income countries protect people from the impacts of the climate crisis and invest in clean energy." We don't even know where it went; we're not even sure it went to climate stuff. We don't know anything. This is like Hogan's Heroes - "I know nothing". This is craziness, this is insanity and digitization is not going to help this. You think by digitizing money you're going to de-corrupt politicians, especially International Banking Politicians that seem to be precisely accountable to no one. Digitization is not going to help this problem, it is going to exacerbate it, okay. I mean at the end of the day, this is commonsensical stuff and quite honestly I view most street level Thais view this stuff as just commonsensical; it is just self-evident. But again, a bunch of supranational bureaucrats, oh no, them on the other hand they can't figure out where 41 or 24 or whatever number in between billion dollars went to, but they're going to help us all by creating Digital Money? Yeah, I'm sure.