- Dec 18, 2012
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Glenn Beck: The collapse of the dollar and CBDC has begun (view at Rumble)
Dire warnings against allowing the Federal Reserve to issue digital credits replacing money can be heard across the political spectrum, from figures ranging from Tulsi Gabbard to Robert F. Kennedy Jr. to Tucker Carlson to Glenn Beck to Ron Paul. Former US Congressman Justin Amash recently called Federal Reserve “money” “one of the most dangerous developments in history.”
coronanews123.wordpress.com
Augustin Carlsten, Managing Director of the Bank for International Settlements (BIS), the central bank for the central banks, admits CBDC will give central banks complete power over what, when, and where you can spend your money
SD Gov. Kristi Noem on her veto of state legislation which prepares the way for CBDC (view at Rumble)
President of a Federal Reserve Bank Says CBDC Not Needed, Would Allow China-Like Monitoring of People
NEW YORK — The Federal Reserve has a neutral stance on whether it pursues its own digital currency, but at least one regional bank president remains deeply skeptical of the idea.
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said consumers already had access to instant digital payments through private-sector platforms without the privacy concerns that arise from a government-backed alternative.
“I can see why China would do it,” Kashkari said. “If they want to monitor every one of your transactions, you could do that with a central bank digital currency. You can’t do that with Venmo. If you want to impose negative interest rates, you could do that with a central bank digital currency. You can’t do that with Venmo. And if you want to directly tax customer accounts, you could do that with a central bank digital currency. You can’t do that with Venmo. I get why China would be interested. Why would the American people be for that?” [FULL ARTICLE]
Newsweek, in“CBDCs Will Be the End of American Freedom” writes:
“If the Federal Reserve adopts a central bank digital dollar, the American government will be on a surefire path to authoritarianism…While some compare CBDCs with Bitcoin as CBDCs can be based on the blockchain, similarities between the two end there. In fact, CBDCs are a wolf in sheep’s clothing, co-opting Bitcoin’s appeal while undermining every one of its underlying principles…by centralizing Americans’ financial information and holdings in a digital database controlled by the U.S. government, CBDCs would create an authoritarian surveillance state…
It is imperative that Americans become aware of the dangerous implications of CBDCs and quell any efforts to develop an American CBDC currently at play in the government,.. “
Former President Bush official Catherine Austin Fitts: The elites “want your kids.” (view at Rumble) (FULL INTERVIEW)
China’s ‘Social Credit’ CBDC System (view at Rumble)
Dire warnings against allowing the Federal Reserve to issue digital credits replacing money can be heard across the political spectrum, from figures ranging from Tulsi Gabbard to Robert F. Kennedy Jr. to Tucker Carlson to Glenn Beck to Ron Paul. Former US Congressman Justin Amash recently called Federal Reserve “money” “one of the most dangerous developments in history.”
Shutting Off Your Food Through Biden’s CBDC Digital “Currency” Will Force Submission to All “Vaccine” Mandates
DeSantis in Florida Announces Ban on China-Style System The newly announced FedNow, a system of digital credits at the Federal Reserve designed to eventually replace all cash money and all bank acc…
coronanews123.wordpress.com
Augustin Carlsten, Managing Director of the Bank for International Settlements (BIS), the central bank for the central banks, admits CBDC will give central banks complete power over what, when, and where you can spend your money
SD Gov. Kristi Noem on her veto of state legislation which prepares the way for CBDC (view at Rumble)
President of a Federal Reserve Bank Says CBDC Not Needed, Would Allow China-Like Monitoring of People
NEW YORK — The Federal Reserve has a neutral stance on whether it pursues its own digital currency, but at least one regional bank president remains deeply skeptical of the idea.
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said consumers already had access to instant digital payments through private-sector platforms without the privacy concerns that arise from a government-backed alternative.
“I can see why China would do it,” Kashkari said. “If they want to monitor every one of your transactions, you could do that with a central bank digital currency. You can’t do that with Venmo. If you want to impose negative interest rates, you could do that with a central bank digital currency. You can’t do that with Venmo. And if you want to directly tax customer accounts, you could do that with a central bank digital currency. You can’t do that with Venmo. I get why China would be interested. Why would the American people be for that?” [FULL ARTICLE]
Newsweek, in“CBDCs Will Be the End of American Freedom” writes:
“If the Federal Reserve adopts a central bank digital dollar, the American government will be on a surefire path to authoritarianism…While some compare CBDCs with Bitcoin as CBDCs can be based on the blockchain, similarities between the two end there. In fact, CBDCs are a wolf in sheep’s clothing, co-opting Bitcoin’s appeal while undermining every one of its underlying principles…by centralizing Americans’ financial information and holdings in a digital database controlled by the U.S. government, CBDCs would create an authoritarian surveillance state…
It is imperative that Americans become aware of the dangerous implications of CBDCs and quell any efforts to develop an American CBDC currently at play in the government,.. “
Former President Bush official Catherine Austin Fitts: The elites “want your kids.” (view at Rumble) (FULL INTERVIEW)
China’s ‘Social Credit’ CBDC System (view at Rumble)
