Opinion – Scrap cash altogether, says Bank of England’s chief economist – FT.com – John Gelmini

I agree with Dr Alf. The dream of the Bilderbergers and the 39 families who control much of the world and would like to control all of it is a “cashless society” with all money loaded onto a nanochip and heathcare administered through an injectable nano robot which will eliminate the need for so many doctors,nurses and health care workers.

Both chips will be triggerable remotely so that people deemed too old,too troublesome or too costly will find themselves or their money “switched off” in a cross between “Mark of the Beast” technology which will decide whether people can buy anything and “Logans Run”,the film in which people over 35 were terminated as they reached the break point between economic utility and becoming a burden on the system.

The technology is not yet advanced enough for this to be a reality so the first stage is things like “Apple Pay” and the use of smartcards and mobile phones as electronic wallets.

Once people can be made to go cashless then they cannot escape having to pay taxes and the “Black Economy” becomes transparent.

This and AI which will destroy 50% of American jobs by 2033 and 33% of all jobs by 2023 will come in stages as the technology advances unless people rebel and awaken at the same time.

I am hopeful for the long term future but the real owners of the City of London Corporation,the Bank of England and the US Federal Reserve are powerful and intent on this reality whatever means they have to employ to deliver it to their timetable.

John Gelmini

Opinion – Europe takes action to help 12 million long-term unemployed get back to work – Employment, Social Affairs & Inclusion – European Commission – John Gelmini

European flag outside the Commission

European flag outside the Commission (Photo credit: Wikipedia)

Dr Alf is correct. This initiative will not work because the “Elephant in the room”, AI is going to destroy jobs faster than any make-work jobs creation scheme can replace them.

Eric Schmidt of Google told his fellow Bilderbergers this in 2013 at the Grove Hotel, Watford, when he predicted that by 2033 50% of American jobs would have disappeared. In 2014, he said “What we would like to do is put chips into people, the problem is that the technology isn’t quite there yet”.

What he has in mind is Matrix style “jump programs” or expert systems loaded onto chips which are then injected into or merged into a human brain in a form of expert system or “augmented capability”. This potentially eliminates the need for call centre agents, care workers, doctors,lawyers (but not defence or courtroom lawyers), surgeons, teachers, lecturers, administrators, pilots, sea captains, supermarket workers, factory managers and unskilled workers whose role seems to be to do the jobs indigenous people do not want to do.

By 2019 AI will, according to Ray Kurzweil, Google’s CTO and Chief Futurist, have caught up with human intelligence and will thereafter forge ahead of it. He is a leading luminary within the Trans Humanist movement, which envisages a few very bright people like him with life extension technology from the Geron Corporation and stem cell technology plus robotic replacement parts living Noah like lifespans or even forever, whilst running and controlling a much smaller group of people whose lives will be “nasty, brutish and short”.

We need a debate about how these processes are to be managed because with American worker productivity far ahead of Europe’s, 75% of European jobs will disappear by 2033. Immigrants in this “Brave New World” will not be needed for menial jobs as robotics, automated facilities modelled on the new automated factory in China and self replicating machines, like the “Mother Robot” produced by Cambridge University capable of producing it’s own “offspring” will be developed.

Robots do not need housing, social care, infrastructure, roads, schools, airports, commuting hubs, buses, doctors, nurses or cars so the present misguided policy of letting them into Europe in large numbers represents a ticking time bomb.

Once again, the European Commission is meddling with initiatives, without the benefit of a cohesive strategy.

John Gelmini