Don’t you love all these alphabetical acronyms? Every fucking one of them is BAD NEWS. This one stands for Central Bank Digital Currency. The following is taken directly off the Federal Reserve website: “While the Federal Reserve has made no decisions on whether to pursue or implement a central bank digital currency, or CBDC, we have been exploring the potential benefits and risks of CBDCs from a variety of angles, including through technological research and experimentation. Our key focus is on whether and how a CBDC could improve on an already safe and efficient U.S. domestic payments system”.
This is government New Speak for “We are planning on replacing physical money with digital money”.
When the dollar is replaced with a digital currency, and it will be, it will be completely controlled by the government. Then we will be given Social Credit Scores exactly the same as is being done in China right now, and our ability to purchase anything, food, fuel, medicine, can be blocked by the government.
Replacing the Dollar with a government controlled digital currency will enslave us. Grow as much of your own food as you can, encourage and patronize local farmers markets, join bartering groups or start one up, store and save vital hard goods like tools, nuts, bolts and nails, dig a well, generate your own electricity. Be as self-sufficient as you possibly can.