Digital, government-run currency is continuing to gain momentum around the world. Russians are decreasing their use of cash, and their government sees this as an opportunity/reason to launch a Central Bank Digital Currency (CBDC). The Bank of Japan has finished researching CBDCs this year and just soft-launched a pilot program of government-controlled money.

Joe Biden does not want to be left behind in these money-grabbing schemes, so he has already acted.

He quietly issued an executive order that if implemented will destroy whatever is left of American liberty and the free market system. In July of this year, the Federal Reserve began the initial steps of issuing a new digital currency designed to monitor and control your every move — that is unless we stop them.

Two pieces of legislation would bar Biden from capturing and controlling every cent of YOUR money. Save your bank account and your freedom from Big Brother. Take a moment to FAX CONGRESS NOW, then read on for the details of this shocking plan to turn America into a dystopian movie. — Mat

On March 9, 2022, Joe Biden issued Executive Order 14067 entitled “Executive Order on Ensuring Responsible Development of Digital Assets.” According to the order, Biden’s new initiative is designed to “protection of consumers” and “data privacy.” But as we have found with most things issued from the Biden administration, the truth is the exact opposite of what falls out of Joe Biden’s mouth — or from his pen.

But if Biden is successful, a CBDC could make the entire nation susceptible to hacking on a scale never before imagined. In just a short while, there have been many incredible hacks.

• India had a data breech in Aadhaar that “exposed names, their unique 12-digit identity numbers, bank details … photographs, thumbprints, retina scans and other identifying details of nearly every Indian citizen.”

• China had a data breech at Alibaba that affected more than 1 billion people. It exposed “Names, ID numbers, Phone numbers, Physical addresses, Criminal records, and Online papers.”

• First American Financial Corporation had a hack that leaked 885 million sensitive users’ records. This includes bank account records, Social Security numbers, wire transactions, and other mortgage paperwork.

Now, imagine if a hacker could gain access to every dollar in America. The entire country — indeed every person — would be in digital prison. If a federal central bank was hacked, the world economy would come to a halt. The price of a digital currency and the risk of having all of our currency controlled by the government are too high!

“The development of a digital currency should worry Americans everywhere,” says Justin Haskins, director of the Socialism Research Center at The Heartland Institute. “Once a digital currency is in place, government and/or Federal Reserve officials would have more power than ever to control, track and coerce individuals and U.S. businesses—likely without needing new laws approved by Congress.”

If Biden gets his way, the level of government intrusion into our lives cannot be overstated.

The first section of Biden’s executive order says this new currency will be used for, among other things, “human rights; financial inclusion and equity; and energy demand and climate change.” (emphasis added)

But the only way currency can be used to achieve these objectives is through government control of your finances.

When a CBDC is issued, the Fed becomes your bank. As such, not only will they see every single cent you make and spend — without a warrant — they can also CONTROL every penny you make or spend, with one click.

If Joe Biden gets the CBDC he wants, with a touch of a button, your finances can be frozen for political opposition. Your mortgage could be denied for not having a high social credit via compliance with LGBTQ initiatives.

You won't be able to escape.

“Once the transition to a digital dollar is complete,” says Haskins, “you wouldn't be able to go to the bank or an ATM and get physical cash out of an account that contains your digital currency.”

Instead, your only means to pay for goods or services will be via the government’s card or app, and you will be completely subject to their whims.

Food stamps and welfare cards already work this way. Though users may have credits or funds in their accounts, they are prevented from spending those credits or dollars on items and services the government prohibits.

In China, the CBDC digital yuan system is used to enslave citizens to the CCP’s whims. We can’t have that happening in America too.

We MUST stop this Orwellian takeover of our finances! Right now, Congress is considering two bills to protect our privacy from Joe Biden’s IRS — HR 1122 and S 887.

Please also help fund our crucial policy and education work. Liberty Counsel Action relies 100% on your donations to cover our cost to be on Capitol Hill. Few could afford to fight this tyranny, but when you partner with us, you push back against a government gone mad in its quest for power and control.

Every donation made today will be DOUBLED IN IMPACT by a special Challenge Grant. Please give generously today.

Mat Staver, Chairman
Liberty Counsel Action

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Fax Congress to protect Americans from the Central Bank Digital Currency. And please sign our petition, here.

Sources:

Antoni, E. J. “The Scary Fed Idea to Turn Your Dollars into a Digital Power Grab.” The Heritage Foundation, March 3, 2023. Heritage.org/markets-and-finance/commentary/the-scary-fed-idea-turn-your-dollars-digital-power-grab.

“Emmer Leads Effort to Squash Financial Surveillance State Initiatives.” Congressman Tom Emmer, February 23, 2023. Emmer.house.gov/press-releases?ContentRecord_id=E2966313-1C6F-45CA-BF15-26A9CDE9338E.

‌“Executive Order on Ensuring Responsible Development of Digital Assets.” The White House, March 9, 2022. Whitehouse.gov/briefing-room/presidential-actions/2022/03/09/executive-order-on-ensuring-responsible-development-of-digital-assets/.

Haskins, Justin. “Biden’s Plan for a Digital Dollar Is a Massive Threat to Freedom.” Newsweek, March 18, 2022. Newsweek.com/bidens-plan-digital-dollar-massive-threat-freedom-opinion-1688803.

‌‌“Sen. Cruz Introduces Legislation to Prohibit the Fed from Establishing a Central Bank Digital Currency.” U.S. Senator Ted Cruz of Texas, March 21, 2023. Cruz.senate.gov/newsroom/press-releases/sen-cruz-introduces-legislation-to-prohibit-the-fed-from-establishing-a-central-bank-digital-currency.