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Central Bank Digital Currency
04/18/2024
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By News Editors
The great dispossession part 3
In Part 1, I explained that the next financial crisis will be bailed out not with central bank money creation but with our stocks, bonds and bank balances. (Article republished from PaulCraigRoberts.org) In Part 2, I explained the multi-year quiet regulatory changes that dispossessed us of our property. In Part 3, I explain David Rogers […]
01/21/2024
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By Arsenio Toledo
Trump vows to prevent the Federal Reserve from creating an American CBDC
Former President Donald Trump has announced that, if he were to win the upcoming presidential election, he would do everything in his power to prevent the Federal Reserve from creating a central bank digital currency (CBDC) for the United States. Trump made this announcement during a speech at a campaign stop in Portsmouth, New Hampshire, […]
11/02/2023
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By Zoey Sky
Financial preparedness: What are the dangers of a “cashless” economy?
For modern shoppers, cashless payment methods may seem like a convenient and secure option. But if you want to avoid common risks like credit card fraud and digital systems that are vulnerable to cyberattacks, cash will always be king. (h/t to SHTFPlan.com) In the U.S. and other economies that have legal tender laws, only cash is […]
08/10/2023
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By Kevin Hughes
Reuben Yap: CBDCs let central banks CONTROL how people spend their money
Firo co-founder Reuben Yap has warned that central bank digital currencies (CBDCs) will be used by central banks to control how people spend their money. He remarked that CBDCs give central banks “a lot of fine-grained control of how you should be spending your money.” Yap continued: “To me, your money is your business. You […]
07/26/2023
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By Arsenio Toledo
James Grundvig of AMP News calls FedCoin garbage, says the Fed’s CBDC is nowhere near ready
The central bank digital currency (CBDC) being developed by the Federal Reserve, known alternatively either as the FedCoin or the digital dollar, is unlikely to be ready until next year at the earliest. This is according to recent reports regarding the status of the Fed’s development of a CBDC. (Related: Only 16% of Americans would support […]
07/25/2023
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By Kevin Hughes
People’s Bank of China governor says DIGITAL YUAN used in nearly $250B worth of transactions over last 18 months
The governor of China’s central bank has declared that almost $250 billion worth of transactions have been carried out using the digital yuan in the one-and-a-half years since the beginning of its pilot launch. Although the acceptance and use of China’s central bank digital currency (CBDC) – officially called the digital renminbi or the e-CNY […]
07/06/2023
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By Belle Carter
Expert warns CBDCs could lead economies to a dark path – where governments dictate what you can purchase
Eswar Prasad, a Cornell University professor, has warned that central bank digital currencies (CBDCs) – with their expiry dates and restrictions on “less desirable” purchases – could lead economies to a much dark path. Prasad issued the warning during the 14th Annual Meeting of the New Champions hosted by the World Economic Forum (WEF). During one of […]
06/26/2023
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By Arsenio Toledo
IMF working to create a global CBDC platform that will let the globalists CONTROL your money wherever you are
The International Monetary Fund (IMF) is working on creating a global platform for central bank digital currencies (CBDCs), supposedly to better enable CBDC-based transactions between countries. This is according to IMF Managing Director Kristalina Georgieva, who claimed that such a platform would create the global infrastructure necessary to ensure the interoperability of settlement between digital […]
06/23/2023
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By Ethan Huff
IMF “working hard” on new global CBDC platform to replace dollar and other national currencies
If the International Monetary Fund (IMF) is successful in unleashing a new “global Central Bank Digital Currency (CBDC ) platform,” as managing director Kristalina Georgieva says the group is currently “working hard” on, then soon the world’s entire money supply will be controlled by a “group of unelected bureaucrats.” Right now, the various currencies of […]
06/22/2023
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By Arsenio Toledo
Only 16% of Americans would support adoption of CBDC, survey finds
A survey has found that a vast majority of Americans do not support the widespread adoption of a central bank digital currency (CBDC) in the United States. This was according to a survey conducted by the libertarian think tank the Cato Institute in collaboration with market research and polling company YouGov, known as the “Cato Institute […]
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