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Monday, April 10, 2023

Digital Currency = Political Tyranny

 


Robert F. Kennedy Jr, has announced his bid for the Democrat Party’s nomination for President in 2024.  He’s been an outspoken (and published) critic of the COVID "vaccine” mandates and Dr Anthony Fauci, and now he’s taking on the imminent introduction of global bank digital currency (CBDC).  A digital currency challenges the dollar as the world's reserve currency.  Ben Bartee at PJ Media reports:

RFK Jr. Warns of Serious CBDC Threat to Liberty

. . .

Taking to Twitter, RFK Jr. succinctly laid out the reasons for his principled opposition to central bank digital currencies:

The Fed just announced it will introduce its “FedNow” Central Bank Digital Currency (CBDC) in July. CBDCs grease the slippery slope to financial slavery and political tyranny.

While cash transactions are anonymous, a #CBDC will allow the government to surveil all our private financial affairs. The central bank will have the power to enforce dollar limits on our transactions restricting where you can send money, where you can spend it, and when money expires.

He goes on to warn of the obvious social control implications that this newfound government power to turn off the financial spigot on a whim will confer to the bureaucracy — of the hellish CCP social credit score variety.

“Watch as governments, which never let a good crisis go to waste, use Covid-19 and the banking crisis to usher in a new wave of CBDCs as a safe haven from germ-laden paper currencies or as protection against bank runs,” the son of the legendary Robert F. Kennedy Jr. concluded. . . .

July is right around the corner.

RELATEDBRICS Nations challenge US Dollar’s dominance (America First Report)

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