Through a carefully designed marketing spin, companies that are programming digital dollars for the world’s government/central banks are trying to spin the dangers of control that we’ve been warning you about — as “benefits” of this system ... including restrictions on how we will be allowed to spend our own money!

Joe Biden is racing forward with a Central Bank Digital Currency (CBDC) to replace cold hard cash with a financial surveillance and control scheme. Liberty Counsel Action is working with members of Congress to stop him. But we need YOUR help to raise the alarm. Read on. — Mat

Dr. Raoul Herborg is the managing director at G+D, a company that creates Central Bank Digital Currencies for countries around the globe.

Lately, it seems Dr. Herborg’s primary job is to convince you that all the financial spying and controls inherent to a CBDC are “benefits” we should embrace. Don’t believe these slick marketing lies.

When asked, “What CBDC use cases are you most excited about and why?” in a recent interview, Herborg responded, in part, “CBDC smart wallets could be used to promote national policies that help meet sustainability objectives, e.g., by issuing a ‘green’ wallet. This would act as an incentive for consumers to buy environmentally friendly products and services.”

Herborg’s response is telling. He is marketing government dictation of how people spend their money as a feature and benefit of CBDCs, ignoring the obvious and outrageous tyrannies to be imposed on how the consumer is allowed to use their own money.

The concept of a “green wallet” sounds lovely, I’m sure, to “climate change” fanatics. But as we have seen with “climate change” activists, from former Vice President Al Gore to Sen. Elizabeth Warren, “rules” are for us and not for them. They insist on flying gas-guzzling private jets around the globe while demanding average people lower their thermostats and take public transportation.

Herberg’s company touts a host of other CBDC “benefits” as well, including:

• “Central banks would be able to define policy rules that apply to all wallets — and cannot be changed ... including the fact that the central banks can limit the amount that can be held in any single wallet” (emphasis added).

• Sweden and other European countries have already picked up on this idea and intend to not only cap wallet balances, but will also impose negative interest rates, financially penalizing people who accrue more savings than the government wants.

• Companies would be able to program CBDCs to dictate how employees are allowed to use their own paychecks, including programming portions of the paycheck “solely for use by a company’s employees for the purchase of healthy food” (emphasis added).

These open admissions reveal that CBDC proponents believe it is imperative that consumers be forced into government-dictated behaviors. Such a concept is diametrically opposed to individual responsibility and freedom.

In March 2022, Joe Biden issued Executive Order 14067, in which the Biden administration ordered the Federal Reserve (the Fed) to begin developing a CBDC that will replace cold, hard (and uncontrollable) cash.

A CBDC in the hands of government spells doom for American liberty. Suddenly, politicians and government agents won’t simply “suggest” you follow their increasingly bizarre policies like replacing beef with bug protein or buying electric cars whose batteries poison the earth. With a CBDC, the government will be able to dictate these decisions by preventing you from using your own money to buy a steak or a tank of gas.

Americans have already experienced tyranny firsthand, thanks to COVID lockdowns and the planned destruction of the U.S. economy. We MUST NOT allow them to take the next step in financially enslaving Americans to their bizarre progressive policies.

Liberty Counsel Action is working with several legislators to stop Joe Biden’s CBDC plans in their tracks.

Please also consider financially supporting our work on Capitol Hill. We have many policy battles over abortion, where tax dollars will be spent, the importance of the family, and constantly defending freedom — and this is only possible because of your support.

You can DOUBLE YOUR IMPACT with our 2024 Challenge Grant. Also, any recurring monthly donation can make a world of difference. 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:

“CBDCs: Making Payments Programmable.”  Giesecke+Devrient, March 9, 2023. Gi-de.com/en/spotlight/currency-technology/cbdcs-making-payments-programmable.

Juniper Research. “CBDCs & Stablecoins: Competitive Leaderboard.” Accessed February 27, 2024. Gi-de.com/corporate/Currency_Technology/Central_Bank_Digital_Currencies/CBDCs_Reprint

_Juniper_Research_2023_-_G_D_1.pdf.

Liu, Katerina. “CBDC Success Depends on Public and Private Sector Collaboration.” OMFIF, February 2, 2024. Omfif.org/2024/02/cbdc-success-depends-on-public-and-private-sector-collaboration/.