WATCH: Biden’s Banking Nominee Calls to Eliminate All ‘Private Bank Accounts’

Breitbart ^ | 11/13/2021 | Sean Moran

[hattend]

Being in the bank will make it worthless as well.

If I had some money, I should buy some gold.

[shawnlaw]

What a maroon...the government can already reduce inflation by taking money from citizens, it has the authority to tax. The only difference with this scheme is that the government would have unfettered access to your account, the tax would no longer be "voluntary".

What of the democratic process then?

Government would be able to enforce any policy, no matter how unpopular or destructive without the consent of the goverend by adjusting accounts .

It would also make Congress irrelevant since it's primary power is the power to tax and this scheme would supplant Congress' power to tax and leave the power to affect fiscal policy entirely with the executive branch (Treasury).

[Silentgypsy]

Prayer is needed.

Definitely.

[Triple]

You would trust the fiat currency of a government that enacted such policies?!?!

[jgrk112782]

Don’t worry I won’t let this happen.

[jgrk112782]

This won’t happen. Too many states will stop this

[Silentgypsy]

Thank you.