by Frank Bergman, Slay News:
Republicans are moving to block Democrat President Joe Biden and his administration from rolling out a “digital dollar” to replace physical cash across America.
The Biden admin has been working on implementing a Central Bank Digital Currency (CBDC).
The centralized digital currencies are designed to replace traditional cash but are engineered to have in-built control mechanisms.
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The plan has been heavily pushed by unelected globalist organizations, including the World Economic Forum (WEF), the United Nations (UN), and the International Monetary Fund (IMF).
A key part of the CBDC agenda is to create so-called “cashless societies” that would governments and bureaucratic agencies greater control over the general public.
As architects of the plan have gloated, CBDCs allow for individuals’ spending to be tracked, monitored, and controlled.
Those whose spending habits indicate that they have a large “carbon footprint,” for example, could be punished.
In a more extreme example, those found to engage in “hate speech,” i.e. “misgendering” someone on social media, could have their funds restricted, denying their ability to buy food in their “cashless society.”
As one WEF speaker recently boasted, CBDCs could be used to control what people can buy by placing blocks on “less desirable items” such as “ammunition” and guns.
