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To: BenLurkin
Omarova has proposed a banking system that relies on individuals, rather than banks, to hold bank accounts with the Federal Reserve.

We already have a monetary central-planning agency, called the Federal Reserve. But its powers are not as concentrated as neo-marxists and social-engineers would like. To get where they would like to be, they need to disintermediate and eliminate private banks, have all individuals and businesses connected to one "central bank," and above all, have digital currency whose algorithm can be twisted any way they wish.

Want to buy a gun? Sorry, the money won't allow that. Economy not stimulated enough? We'll give you free "fed coins" or We'll reduce the time value of your savings. Your "fed coins" will literally expire if not spent. Does Fed.gov feel inflation too high? Fine - fed coins will just automatically be withdrawn from your account.

3 posted on 09/30/2021 9:06:34 AM PDT by PGR88
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To: PGR88

And don’t leave out the Chi-Com system of SOCIAL MEDIA “credits” for “acceptable political behaviour”. For without that “positive rating”... one cannot get a loan, or even any of the central govt. credits.

This is, as you have described the Soviet/Chi-Com systems.

And they called Donald Trump “Russia Russia”.

A “Lenin Award”? Realllly? Thank you Bushes— applying your version of New World Order to add to the Muzzie in Chief who followed your disaster.


13 posted on 09/30/2021 9:37:33 AM PDT by John S Mosby (Sic Semper Tyrannis)
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