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"Fed Moving Quickly For New Digital Dollar CBDCs"
2 years ago
5
US economy
the Fed
Federal Reserve
central bank digital dollar
CBDC
new monetary system
Fed would centralize Americans financial information
Fed would have control over everyone's money
Bitcoin
government will be our banker
control over our money
The U.S. Federal Reserve is seriously exploring the adoption of a central bank digital dollar known as a CBDC. Many are concerned if they could centralize American's financial information and holdings in a digital database controlled by the U.S. government. Then they would have complete discretion over how and whether people can use their own money. CBDCs could be modeled after the Chinese digital currency which also uses a social credit score for behavior enforcement. My new video entitled the "Fed Moving Quickly For New Digital Dollar CBDCs."
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