https://www.chooseliberty.org/no-ecash/
While Republicans in the House twiddle their thumbs, and the bill
to ban the Central Bank Digital Currency (CBDC) still has not
been scheduled for a vote on the House floor, the globalists are
on the move, pushing a bill to advance their own CBDC scheme.
Called the "ECASH" Act, H.R. 5410 was introduced by Rep. Stephen
Lynch (D-MA) to develop a "digital dollar."
Rep. Lynch also recently announced the formation of the Digital
Dollar Caucus.
Although the ECASH Act stops just short of developing a CBDC, the
globalist Atlantic Council simply described the bill as
"legislation to develop a U.S. CBDC."
And the Atlantic Council would know what this is all about. . .
They're holding a massive conference in Washington just after
Thanksgiving, co-hosted by the "Digital Dollar Project," to
galvanize a full-scale lobbying effort to implement the "digital
dollar" - bringing us closer than ever to a full CBDC.
The event will be a who's-who of giant banks, from Citi to Visa,
and keynote speakers are from the Bank of International
Settlements (the central bank's central bank) and the
International Monetary Fund.
Think about where Congress will be when they return after
Thanksgiving:
In all likelihood, they will have just passed a "continuing
resolution" to continue Nancy Pelosi's budget with no cuts and no
reforms . . . or the government will be shut down until they do
so.
And the longer the government's fiscal problems fester, the more
likely they will turn to a CBDC as a solution.
We see what is happening in Argentina, where they're pushing a
CBDC to address economic issues and inflation. But as we've
warned, a CBDC doesn't even solve these problems . . . it's just
a pretext for tyranny.
But the globalists will be exploiting all of the chaos in
Washington to call for a CBDC as a solution . . . and the
"Digital Dollar" is a stepping-stone for the CBDC.