The Fed now wants to deposit digital money directly to people in their accounts. Their excuse is that it was too difficult delivering money to…
Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the latest push for a digital dollar created under the guise of helping people who’ve lost money in the lockdown.
The push for technocracy or a cashless society goes back many decades but is truly being realized today. The Federal Reserve now wants to deposit digital money directly to people in their accounts. Their excuse is that it was too difficult delivering money to people previously. They are also going to digitally buy more bonds. Well of course.
Tim explains what this means for the future of the cashless system and why it’s concerning.
If your money’s in the bank, it’s not yours, it’s the bank’s. If your money is always going through the banks via digital transactions (legal tender laws, centralized) it’s never your money, it’s always the bank’s and you are in servitude to the banking system and the government.
This cannot be allowed.
We will continue to cover this issue closely as we have for years. Stay tuned for more from WAM!