UPDATE
Jim Rickards, here…
Another warning shot across the bow just happened…
I told you a few weeks ago about how Joe Biden and the Fed's plan to develop the digital dollar is moving from the research stage to the development stage…
Well, today the Biden administration just released the first-ever framework for developing a U.S. CBDC System. In other words, Biden Bucks is getting closer to becoming a reality for us all.
To catch you up (if you haven't heard), I believe the US dollar, the standard of the world since 1792 will be REPLACED by a new currency, the digital dollar.
These new electronic currencies are called CBDCs – or "central bank digital currencies".
(But I like to call them "Biden Bucks" because I want him to take full credit for what I consider to be crimes.)
And these Biden Bucks will have the full backing of the U.S. Federal Reserve.
They will REPLACE the cash ("fiat") dollar we have now…
And soon be the sole, MANDATORY currency of the United States.
What's this mean for you?
It would make your money less truly your own and under government control.
We are already seeing how many retailers are not accepting cash across America…
What happens when physical cash is ELIMINATED from any payment transactions?
Imagine this…
To further advance his climate change agenda, what if Joe Biden and his cronies decide that gasoline needs to be rationed?
Your Biden Bucks could be made to stop working at the gas pump once you've purchased a certain amount of gasoline in a week!
How's that for control?
Biden Bucks would create new ways for the government to control how much you can buy of an item… or even restrict purchases. It would keep score of every financial decision you make.
In a world of Biden Bucks, the government will even know your physical whereabouts at the point of purchase.
It's a short step from putting you under FBI investigation if you vote for the wrong candidate or give donations to the wrong political party.
If any of this sounds extreme, fantastical, or otherwise far-fetched… well, it's not.
Look at what's happening around the world…
China is already using its CBDC to deny travel and educational opportunities to political dissidents.
Canada seized the bank accounts and crypto accounts of non-violent trucker protestors last winter.
These kinds of "social credit scores" and political suppression will be even easier to conduct when Biden Bucks are completely rolled out in the U.S.
With Biden Bucks, the government will be able to force you to comply with its agenda.
Because if you don't, they could turn off your money.
Scary, isn't it?
But you can fight back…
You need a way to "sidestep" this type of digital dollar and total surveillance state that is coming soon.
A way to protect your freedom and your savings.
That's why the time to prepare is now, before it hits.
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