Federal Reserve Announces Digital Currency Rolling Out July 2023

Be aware of digital tracking, expiring 'money', social credit score

Federal Reserve Announces Digital Currency Rolling Out July 2023 (8/29/2022)

The below is from The Conservative Tribune - Opinion

Will The Dollar Be Revoked, Replaced With A Government Controlled Digital Coin? Feds To Launch Digital Currency July 2023

Wired Magazine Says It's: "A Tool for Government Surveillance of Citizens and Control Over Their Financial Transactions."

My Fellow American Patriot,

The world's biggest economies, including the United States, are rapidly ramping up to digitize their currency and end "paper cash."

On the agenda: Eliminate or reduce untraceable, untaxable cash and crypto transactions, and clear the way to establish a national government-controlled digital currency.

Did you know that on March 9th, Biden signed into law something known as Executive Order 14067?

We find some DEEPLY disturbing language hidden in section 4 of this order.

In just a few paragraphs, our current president has set the stage for…

Legal surveillance of all US citizens

Complete control of all bank accounts and purchases

The ability to crush free speech and silence opposing voices

Yet we discover that this digital currency mentioned here has been in development for TEN years.

They've been peddling Senator Sherrod Brown's [D-OH] new pro-digital dollar draft for some time now. Senate Bill 3571 - Banking for All Act

But what they’re doing with this bill is much, much worse.

They’re Going After Your Money.

The goal of this bill is simple.

What the Democrats [elite and the globalists] want is to make the US dollar obsolete.

They want to do away with paper cash.

[All spending will be regulated by CBDC (Central Bank Digital Currency).]

Here are some comments from the news media about Biden's executive order and digital currency:

Forbes: "Digital Money to be Ultimate Financial Censorship Tool"

The Sun: "I'm concerned because there's a lot of language about Central Bank Digital Currencies in the executive order, and I think they are dangerous for civil liberties."
- Alex Gladstein, Chief Strategy Officer of the Human Rights Foundation.
[More quotes from Alex Gladstein:
"It looks like Fedcoin is coming and I don't think that'll be good for the average American.
“Fedcoin would replace cash, it would replace paper money and coinage.
“It would permit instant analysis of transactions, as opposed to the privacy that cash affords.
“It would also obviously allow for blacklisting of people that the government doesn't like, which I'm sure would rotate through different administrations.
“These are concerning powers and they would also permit monetary powers that are concerning.
“Just like withdrawing from an ATM gives you the power to be private with your spending, withdrawing from an ATM also gives you the power to save in different ways.
“And if you don't have an ATM, the government will be very easily able to do things like negative interest rates, expiration dates on money, stuff like that.
“I don’t think it's gonna be great for savers, let’s put it that way.”

CNBC: "as all transactions are kept public on an unchangeable record-keeping system."

Wired Magazine: "Digital currency issued by a central bank can be used as a tool for government surveillance of citizens and control over their financial transactions… will have direct control over and access to the financial lives of individuals."

NBC News: "If the cash is electronic, the government can just erase 2 percent of your money every year."
- David Yermack, professor and chair of the finance department at New York University.

A white paper issued by the government’s BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM titled: Money and Payments: The U.S. Dollar in the Age of Digital Transformation, published January 2022. [See also this from the same Board.]

Direct quote from the white paper:

Promotes consumer protection and community development through consumer-focused supervision and examination… and administration of consumer laws and regulations.

This is entirely different from online banking and nothing like crypto.

It’s like having spyware installed in your bank account. It tracks your every move and provides your personal data on everywhere you go and everything you buy.

China and Russia have launched their digital currencies. [Social Credit Score, anyone?]

In addition, 90% of central banks are testing or exploring this concept.

It’s not a question of “oh, this might happen someday.”

It’s happening NOW.

And the reality is that if we don’t fight is, Americans will be forced to use digital currencies.

With the Gold Standard Act of 1971, the US abandoned the gold standard forever.

And guess what happened?

The value of the dollar plunged, all while inflation soared.

Along with this, the power of the Federal Reserve increased exponentially.

You have to understand right now that this is about to happen again.

They took away gold, and now…they will take away paper currency.

-From the Conservative Tribune (Opinion)

There are numerous other sources. Below are a few.

Reuters: Banking giants and New York Fed start 12-week digital dollar pilot (11/15/2022)
An earlier Reuters article, Explainer: What to watch as Fed ramps up exploration of a digital dollar (5/27/2021)

The Hill: Biden is planning a new digital currency. Here’s why you should be very worried (3/26/2022)

Washington Examiner: New York Fed announces test of digital dollar with major banks (11/15/2022)

Western Journal: Biden Taking Massive Step to Put Americans Under a Digital Currency (11/24/2022)

Time: Experts React to the Fed’s Digital Currency Report and Falling Prices for Bitcoin and Ethereum. Here’s What Investors Should Know (4/19/2022)

Digital Currency Can Be Programmed With An Expiration Date (4/14/2021)
(From economictimes.com. The Economic Times is an English-language Indian daily newspaper published by the Bennett, Coleman & Co. Ltd., more popularly known as The Times Group. The Economic Times, started in 1961, is Asia's largest and among the world's top 3 English Business dailies.)

The Fed Just Announced CBDC Launch 2023 (9/5/2022) (10-minute video)

Food for thought…

Use cash! Keep it in circulation so we don’t lose it.

Until next time…

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