Biden Orders Federal Reserve to ‘Explore’ Digital Cash
Mar 28, 2023 19:21:57 GMT -5
Post by schwartzie on Mar 28, 2023 19:21:57 GMT -5
Biden Orders Federal Reserve to ‘Explore’ Digital Cash
Frank Bergman
March 28, 2023 - 7:52 pm
Democrat President Joe Biden has ordered the U.S. Federal Reserve to “explore” the use of a “digital dollar” in place of traditional physical cash.
Since Day One of being sworn into office, Biden’s executive orders have been wreaking havoc on America’s economy.
His orders attacking the oil and gas industry cost the economy thousands of American jobs.
The moves have triggered soaring gas prices, skyrocketing energy bills, food shortages, and more.
According to a report from the Gatestone Institute, Biden’s plan for the future of the dollar is about to create further chaos in America’s economy.
Lawrence Kadish, who is on the board of governors of the organization, wrote that Biden’s “little-noticed” plan for “digital cash” appeared recently in an executive order.
In fact, “this order includes language that allows the Federal Reserve System to ‘explore’ the possibility of introducing digital currency into the United States,” he wrote.
“This means that your cash becomes so much colored paper.”
“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.”
Is a digital currency in America’s future?
“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,” Kadish warns.
Biden defenders note that the order doesn’t implement digital money, or give Washington special powers.
“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 makes George Orwell’s ‘1984’ nightmare novel a day in the park,” he wrote.
“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,” he warned.
“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.”
As many of us have likely experienced, being silenced on social media platforms over your political views can be incredibly frustrating.
But imagine being blocked from buying groceries for criticizing the regime when the government controls your “digital dollar.”
link
Frank Bergman
March 28, 2023 - 7:52 pm
Democrat President Joe Biden has ordered the U.S. Federal Reserve to “explore” the use of a “digital dollar” in place of traditional physical cash.
Since Day One of being sworn into office, Biden’s executive orders have been wreaking havoc on America’s economy.
His orders attacking the oil and gas industry cost the economy thousands of American jobs.
The moves have triggered soaring gas prices, skyrocketing energy bills, food shortages, and more.
According to a report from the Gatestone Institute, Biden’s plan for the future of the dollar is about to create further chaos in America’s economy.
Lawrence Kadish, who is on the board of governors of the organization, wrote that Biden’s “little-noticed” plan for “digital cash” appeared recently in an executive order.
In fact, “this order includes language that allows the Federal Reserve System to ‘explore’ the possibility of introducing digital currency into the United States,” he wrote.
“This means that your cash becomes so much colored paper.”
“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.”
Is a digital currency in America’s future?
“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,” Kadish warns.
Biden defenders note that the order doesn’t implement digital money, or give Washington special powers.
“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 makes George Orwell’s ‘1984’ nightmare novel a day in the park,” he wrote.
“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,” he warned.
“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.”
As many of us have likely experienced, being silenced on social media platforms over your political views can be incredibly frustrating.
But imagine being blocked from buying groceries for criticizing the regime when the government controls your “digital dollar.”
link
