Joe Biden is carefully strategizing his riskiest power grab to date.
He is being opposed by a lone Democrat.
As Joe Biden suggests doing away with the US currency, Robert F. Kennedy Jr. voices his worry.
The Federal Reserve has not ruled out the idea of Joe Biden’s Central Bank Digital Currency (CBDC) taking the place of the American currency.
In a meeting with the esteemed New York Post, Robert F. Kennedy Jr. vigorously opposed this plan.
“I oppose central bank digital currencies because they are instruments of control and oppression, and are certain to be abused,” Kennedy stated.
Unparalleled monitoring powers over American residents would be given to the government via a central bank digital currency (CBDC).
The government could properly monitor and trace all financial transactions occurring within America by introducing a Central Bank Digital Currency (CBDC).
granting the government the authority to freeze the accounts of Americans taking part in activities that liberal elites find objectionable.
Americans who use gas stoves may be excluded from the banking industry as a method of preventing climate change.
WATCH: Church Leaders PRAYED you’d never see this…
If you buy too many guns and rounds of ammo, Joe Biden could take the extreme step of freezing your bank account.
Supporters of conservative political causes in the US may face penalties if the Southern Poverty Law Center labels the organisations they provide money to as “hate groups.”
A Central Bank Digital Currency (CBDC) might move the United States one step closer to enacting a social credit score system like the one the Chinese Communist Party (CCP) imposes on its populace.
Exclusion from daily activities results from breaking several CCP directives.
Kennedy has a clear plan for restoring a stable currency in the US.
Kennedy favors using physical assets to back up the US dollar rather than providing the Federal Reserve unchecked power to borrow, print, and depreciate it. This strategy tries to preserve the credibility of the money supply.
“Backing dollars and U.S. debt obligations with hard assets could help restore strength back to the dollar, rein in inflation, and usher in a new era of American financial stability, peace, and prosperity,” Kennedy gave this explanation at a PAC event for Heal the Divide.
“My plan would be to start very, very small; perhaps 1% of issued T-bills would be backed by hard currency, by gold, silver, platinum or Bitcoin,” Kennedy added.
Joe Biden’s idea of a technocratic financial security state stands in stark contrast to Kennedy’s opposition to a Central Bank Digital Currency (CBDC) and support for a return to stable currency. Government watchdogs have the authority to scrutinize every transaction in this state and might use that information against American individuals.
For the most recent information on this developing topic, stay up to speed with USA First Reporting.
