China my ass, they want to track every transaction.
Stop spending money! At what point is the debt unfeasible? We have reached it long ago. Digital currency will not be implemented. Why? Because that will prevent the "Federal" reserve from monetizing the debt by printing dollars. All the foreign US dollars in circulation, will they suddenly be void? Not quite.
And the left will use it against us
That’s why they need 87,000 more IRS agents
Commentators have long predicted the cashless society and the end of the power of the US dollar will sink us
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Another history note from the First Civil War:
Greenback is a slang term for U.S. dollars. The first greenbacks were printed to finance the civil war and were called as such because their backs were printed in green. Because they were not fully backed by gold, greenbacks lost value and caused inflation in the northern economy.
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Folk song revived as a hit by the New Christy Minstrels
was Greenback Dollar (I substitute digital here....)
Now that I’m a grown man
I’ve traveled here and there
I’ve learned that a bottle of brandy and a song
The only ones who ever care, poor boy
The only ones who ever care
And I don’t give a damn about a digital dollar
Spend it fast as I can
For a whalin’ song and a good guitar
The only things that I understand, poor boy
The only things that I understand
Some people say I’m a no-’count
Others say I’m no good
But I’m just a natural-born travelin’ man
Doin’ what I think I should, oh yeah
Doin’ what I think I should
Well, what the heck else are they going to do at the IRS with 87,000 new employees and $20 Billion in cash-sit on their thumbs?
“...they want to track every transaction.”
Bingo.
We must kill US digital currency in its cradle. A new law flatly against it, no loopholes.