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Fed Asks Americans for Feedback on a Central Bank Digital Currency
Epoch Times ^ | April 23, 2023 | Naveen Athrappully

Posted on 04/23/2023 8:57:51 PM PDT by george76

click here to read article


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To: george76

H3LL No! Not in my lifetime!


21 posted on 04/23/2023 10:16:33 PM PDT by GreatRoad ('In a time of universal deceit, telling the truth is a revolutionary act' )
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To: george76

The survey was from the Fed, not from the government.


22 posted on 04/23/2023 10:27:47 PM PDT by UnwashedPeasant (The pandemic we suffer from is not COVID. It is Marxist Democrat Leftism.)
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To: george76

“Thunder fvck you!”

Goes without saying. Or, apparently, it doesn’t. Because these clowns feel the need to ask, like it’ll influence their decision.

Spoiler: It won’t.


23 posted on 04/23/2023 11:00:34 PM PDT by Tacrolimus1mg (Do no harm, but take no sh!t.)
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To: george76

The Fed and FedGov don’t give a damn what citizens want.

-fJRuberts-


24 posted on 04/24/2023 1:19:04 AM PDT by A strike ("The worse, the better."- Lenin (& Schwab & Soros)
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To: smokingfrog

“I’m pretty sure it’s not constitutional. Taking us off the gold standard was bad enough.”

It absolutely is not...


25 posted on 04/24/2023 1:43:19 AM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: george76

“During the Revolutionary War two things almost led to the defeat of the struggle for American independence. One was the inadequate system of constitutional government and the other was unsound money.

Congress issued about $240 million in “Continentals” — referring to money of the Continental Congress. It was understood that this money would be redeemed in gold or silver by the states after the war.

The states thought this was a great way to manufacture money so they issued vast quantities of their own paper currency.

Even the enemy, the British, saw what was happening so they printed up bales of counterfeit “Continentals” and used them to buy supplies from Americans.

Before long confidence in the Continentals had sunk so low that by 1780 they were not even worth one cent. No further paper money was issued by the United States for over eighty years.

The American market had already accepted the Spanish dollar as its basic unit of value. It was minted in Mexico and called a “piece of eight,” or a peso. To make change, they would cut it into eight pieces or bits and small change began to be called two bits for a quarter, four bits for fifty cents, and six bits for seventy-five cents.

In 1785, two years before the Constitution was written, the Congress accepted the Spanish dollar as the official unit of value for the United States and determined that all foreign coin would be evaluated in terms of the Spanish dollar.

In 1786, the year before the Constitution was adopted, the Board of Treasury fixed the silver weight of the adopted dollar at 375 and 64/100s grains of fine silver. The value of gold coins or any other coins was to be calculated in terms of the silver dollar of this weight and fineness.

It will be noted that three things had been established before the Constitution was adopted:

That the official money of the United States would be precious metals-silver and gold.
That the basic unit of value would be called a “dollar” and consist of 375 and 64/100s grains of fine silver.

All other coins, both foreign and domestic, would be evaluated in terms of this official silver dollar.

All of this was already part of the law of the land when the Constitution was adopted. Therefore the Founders wrote the following provisions in the Constitution concerning money based on the above statutes which had previously been adopted as the official monetary system. They wrote:

“Congress shall have the power ‘to coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures.’” (Article I, section 8, clause 5.)”

https://nccs.net/blogs/articles/congress-shall-coin-money-and-regulate-the-value-thereof


26 posted on 04/24/2023 1:52:43 AM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: george76

I call it fascist coin. It would give the federal government not only the ability to see exactly who buys exactly what - each and every transaction, but it would also give the federal government the ability to:

- invalidate somebody’s money

- to make somebody’s money valid only for certain purposes/at certain locations

- to give people an individual inflation rate of their choosing

- to set a time limit on how long somebody’s money was valid

or any of a number of other means of control....all at a keystroke. If there is one thing the government has proven it is that it cannot be trusted with that much power. Hell no to a digital currency.


27 posted on 04/24/2023 1:54:58 AM PDT by FLT-bird
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To: ding_dong_daddy_from_dumas

That is exactly why the government is trying to suppress cryptocurrencies. Those are private and in the case of Bitcoin, decentralized such that nobody can control it. There is also a finite amount of it that can ever exist so no government can inflate the value of it.

No wonder they hate it.


28 posted on 04/24/2023 1:57:51 AM PDT by FLT-bird
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To: george76
NO!
29 posted on 04/24/2023 2:02:36 AM PDT by silent_jonny (Mene, mene, tekel, upharsin, Joe. The feet are at the door (Acts 5:9) 9-18-21)
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To: george76

No.


30 posted on 04/24/2023 2:10:22 AM PDT by Antihero101607
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To: Blue Highway

They don’t care!


31 posted on 04/24/2023 2:32:54 AM PDT by rarestia (“A nation which can prefer disgrace to danger is prepared for a master, and deserves one.” -Hamilton)
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To: Gnome1949

Already happened in Canada when their government simply turned off the private bank accounts of freedom convoy protesters.


32 posted on 04/24/2023 2:37:13 AM PDT by fluorescence
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To: george76

The biden crime family is their own mafia. They probably work with the drug cartels to run drugs into black neighborhoods


33 posted on 04/24/2023 3:14:46 AM PDT by no-to-illegals ( The enemy has US surrounded. May God have mercy on them.)
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To: fluorescence

Reading through the remarks, I agree with them all. What no one mentions is the Biblical aspect- digital currency is a cashless society. Those pushing it will not use that term as to not alert us Bible thumpers which all know when that day comes we have entered the end times ie, “no man will buy or sell…..”.

That said, by opening a public comment on cashless, means they WILL instate it. They are merely satisfying a requirement before it is forced upon us, most likely by a huge financial meltdown occurring.

MIT and Cornwell was given millions back in Nobamas time to study how to instate digital. Those studies are no longer available on the Internet…goes like this: Terminals installed in all Post Offices (Fair Banking for All BS), cash runs parallel with digital, until bugs are worked out- then you are offered 5-10 percent premium to surrender your cash- all cash is stopped printing ( due to costs, etc) then eventual abolition of cash. Gold and “ bartering groups” which will become popular ( so they surmised) are handled in a way to squash them.

As the Bible mentions this in the Latter Days, we will not stop it, BUT we possibly may be able to slow it down and postpone it for years? A decade?

Pray for Discernment and Wisdom.


34 posted on 04/24/2023 3:34:28 AM PDT by delta7
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To: george76

Go to hell, and wait for it to freeze over. Then it’ll be time for a digital US currency.


35 posted on 04/24/2023 4:18:54 AM PDT by Eleutheria5 (Every Goliath has his David. )
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To: george76

My reply to Deep State...

Futue te ipsum!


36 posted on 04/24/2023 4:24:40 AM PDT by mewzilla (We will never restore the republic if we don't first secure the ballot box.)
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To: george76

Hell f@#$& NO!


37 posted on 04/24/2023 4:31:54 AM PDT by AFreeBird
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To: george76
[Americans are worried that a U.S. Central Bank Digital Currency (CBDC) could end up compromising essential freedoms]

] The Mark of the Beast will not happen tomorrow. But it will eventually come. There will be no avoiding it other than martyrdom (Revelation 20:4, Revelation 14:9-12), if one is still alive here on planet Earth. Some of us still believe in the Rapture but we still tell the people of the Earth of the Gospel of Jesus Christ and what He has foretold will come. Our world is changing rapidly, dear friends (lurkers, please see my FR homepage by clicking on my screen name)


38 posted on 04/24/2023 5:06:36 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: george76

[Hay added, “The CBDC would eventually be weaponized against political opponents and groups of people that differ from the beliefs of a centralized control governing system.”]

(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


39 posted on 04/24/2023 5:10:49 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: TigersEye
[How about nooooooooooo!?]


40 posted on 04/24/2023 5:12:53 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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