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IPFS News Link • World Economic Forum

Your Tax Dollars for Davos

•, By Aaron Day

Amidst these events, Congressman Scott Perry introduced the "Defund Davos Act." Initially, I was shocked to learn that we, as taxpayers, were funding the WEF at all. However, further investigation revealed that since 2013, we have provided at least $60 million in taxpayer funding to the WEF.

Our funding of the WEF is the fiscal equivalent of a significant hangover – painful, regrettable, and self-inflicted. Although this story has been reported previously, I struggled to find a cohesive timeline or any detailed backstory on the efforts to halt this funding. Learning about our contributions to the WEF was like uncovering a secret society in your backyard – intriguing and unsettling.

I have been closely following the World Economic Forum (WEF), as they are one of the primary public-facing entities, along with the United Nations (UN), World Bank, Bank for International Settlements (BIS), and International Monetary Fund (IMF), that have been promoting and coordinating the global rollout of Central Bank Digital Currencies (CBDCs). In fact, it is now estimated that there are 1.3 billion registered CBDC accounts globally, compared to 580 million for decentralized cryptocurrencies. This rapid pace of forced adoption is alarming, as it appears to be gaining even more momentum.

I have included an excerpt about the World Economic Forum and their role in Central Bank Digital Currencies (CBDCs) from Chapter 3 of my book.

??The World Economic Forum (WEF)

The World Economic Forum (WEF), since its inception in 1971 by Klaus Schwab, has evolved from a modest consortium of European business leaders into a powerful hub for global centralization, increasingly skewing the scales in favor of the world's elite. Nestled in the murky depths of global power networks, the WEF has been shaping the trajectory of big business, with its annual Davos summit serving as a high-profile platform for this mission.