Posted on 03/12/2023 9:34:39 PM PDT by george76
Under this new digital currency, any transfer of funds to family, friends, charities, or clients would be able to be tracked by the nation's central bank that issued this virtual money. Big Brother will be in your wallet every hour or every day. You will not be able to buy a stick of gum without a Federal Reserve computer knowing where, when, and to whom you just put down a buck.
We should be rightfully concerned about inflation, energy independence, aggressor nations armed with nuclear weapons, and woke public policies that denigrate the very foundation of this great country. But these are jabs compared to the enormous destructive power of a digital currency "option" slipped into Executive Order 14067.
...
When I was a sparring partner for professional boxers many, many years ago, I was taught to be wary of the jab. It is a tactic used to distract an opponent while setting him up for a devastating power punch that takes him down for the count.
Biden is throwing jabs.
The power punch is a little noticed Executive Order with the innocuous number 14067 and its title, "Ensuring Responsible Development of Digital Assets."
In a 21st Century world where cryptocurrency and cybercrime are now embedded threats to our collective financial security, this Executive Order would seem to address these issues. That is the jab.
In fact, this order includes language that allows the Federal Reserve System to "explore" the possibility of introducing digital currency into the United States. This means that your cash becomes so much colored paper. That would not be the only catastrophic impact on our society and the nation's economy. Under this new digital currency, any transfer of funds to family, friends, charities, or clients would be able to be tracked by the nation's central bank that issued this virtual money. Big Brother will be in your wallet every hour or every day. You will not be able to buy a stick of gum without a Federal Reserve computer knowing where, when, and to whom you just put down a buck.
Like any jab, its starts with a feint.
"At this stage, the Fed is just introducing the subject into the public debate and is weighing the options," according to Eswar Prasad, a Cornell University economics professor who was interviewed by the Associated Press in an Aug. 24 story.
Apologists for the White House insist that the Executive Order does not implement digital currency or give Washington the power to control it. Assuming that is true, what it does accomplish is to introduce the possibility of even considering a currency move so radical, so profound, and so disruptive that it make George Orwell's "1984" nightmare novel a day in the park?
We should be rightfully concerned about inflation, energy independence, aggressor nations armed with nuclear weapons, and woke public policies that denigrate the very foundation of this great country. But these are jabs compared to the enormous destructive power of a digital currency "option" slipped into Executive Order 14067. Nations have risen and fallen far from the battlefield, their destinies determined by their economic policies. We should bring our collective outrage to confront even the idea of introducing digital currency in America's future: if it becomes reality, we will not recognize our democracy.
[CBDC can be turned on or off]
That’s what Jim Rickards said in his commercial.
The Digital Dollar will save us! Yeah, That’s the ticket!
(worth it to watch just the first 17 minutes - there will be no way to “prosper”, though)
The Jim Rickards Commercial
https://www.youtube.com/watch?v=fCfzQNhi_ns
How do they turn it ON and OFF? Is it only on your phone or some other device that accesses an authorized database? And the database has the authority? (Flagged/Okay - NoGo/GoodtoGo)
I haven’t actually looked at it. Thanks in advance.
We should not be so hard on the lying, thieving Democrats for all these banks failing due to their corruption / mismanagement ..
After all, this is the first economic crisis they have had to go through since they lost their top financial advisor Jeffrey Epstein
Very true
And Sam was probably out stealing luggage at the airport and Pete is probably pregnant again
So, everybody’s on PTO
Well.......if they’re not traveling to Ukraine where their job description doesn’t apply at all.......
hey bought a meat puppet, but the meat was rancid.
He’s a fractious, obstreperous and willful child-bully. I don’t think his investors appreciated that side of him, obscure beneath his slimy false ‘old joe’ humility. All the while it seems he was secretly nurturing his cherished grudges.
Now he sits his perch and looks down on — excluding the Chinese— his minders holding the other end of his chain. He will do what he damn-well pleases.
They are pragmatic as well as corrupt. They never expected that his stupidity would combine with his defiance and detonate. I can’t believe they expected the colossal disgrace of the Afghan Skedaddle, or the Ukraine Ballet and Cold War III.
It was hard enough to steal the previous election, now it may be impossible to steal the next.
ENSURE & RESPONSIBLE
are enough key words to KNOW we should fight this—to the bitter end.
Maybe we could pass a bill that required a team of actuaries assess both the risk and the cost of every executive order. Make the assessment renewable every six months.
Wouldnβt that be the premise of the Fair Tax? For a consumption tax to work, they need to account for spending, right?
UNITE against WHAT/who?
Them LGM and their three legged machines!
Early Adopter...
(UNITE against WHAT/who?)
Anyone who dares to refuse their Mark of the Beast
Christians will be labeled Enemy of the State
The world ππ is heading there rapidly
In many ways, already here
βοΈππ
An “alien π½π½π½ invasion” will fit right in.
And provide an “explanation” for millions of missing people.
It’s a perfect fit.
Look for more UFO π½π½π½π½ πΈπΈπΈπΈ stories the next few months and years.
Oh no he didn’t!!
Please tell me that’s Photoshopped
That is a real problem with the uniparty.
It looks that way.
Do a search on ‘forehead tattoos’.
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