Dr. Pippa Malmgren explained that a digital currency will “underpin” the new world order during a segment at the World Government Summit in Dubai.
By Andrew White
At the World Government Summit in Dubai, former Economic Policy special advisor to President George W. Bush Dr. Pippa Malmgren explained that a new blockchain-based digital currency will “underpin” the new world order.
The globalist event was attended by more than 4,000 people from 190 nations. Members included various high-level government officials, various global “experts,” and leaders of international organizations.
Among the list of speakers included globalist billionaire and World Economic Forum (WEF) founder Klaus Schwab, who warned that incoming “changes” to the international system will result in global energy, food, and supply chain systems being “deeply affected,” Valiant News reported last week.
During the event, Malmgren, whose father served as a senior aide to U.S. Presidents John F. Kennedy, Lyndon B. Johnson, Richard Nixon, and Gerald Ford, explained the vision that the international elite have for the future of the global economic system.
“What underpins a world order is always the financial system. I was very privileged. My father was an adviser to Nixon when they came off the gold standard in 71. And so, I was brought up with a kind of inside view of how very important the financial structure is to absolutely everything else,” she said.
“And what we’re seeing in the world today, I think, is we are on the brink of a dramatic change where we are about to, and I’ll say this boldly, we’re about to abandon the traditional system of money and accounting and introduce a new one. And the new one. The new accounting is what we call blockchain,” Malmgren continued.
According to Malmgren, this new digital currency will allow governments to track any and all financial activity occurring in the economic system, warning that it could dramatically tilt the balance of power to states over their citizens. She further noted that China introduced a digital currency in their country, and that European countries are following suit.
“It means digital, it means having a almost perfect record of every single transaction that happens in the economy, which will give us far greater clarity over what’s going on. It also raises huge dangers in terms of the balance of power between states and citizens,” said Malgren.
“In my opinion, we’re going to need a digital constitution of human rights if we’re going to have digital money. But also this new money will be sovereign in nature. Most people think that digital money is crypto, and private. But what I see our superpowers introducing digital currency, the Chinese were the first the US is on the brink, I think of moving in the same direction the Europeans have committed to that as well,” she added.
“And the question is, will that new system of digital money and digital accounting accommodate the competing needs of the citizens of all these locations, so that every human being has a chance to have a better life? Because that’s the only measure of whether a world order really serves!” Malgren said.