-Stormfax
Wednesday, July 26, 2023
Fed launches payment system that lays the groundwork for global digital control over everything…
The Fed is becoming quite crafty when it comes to digital currency. They’re aware that it’s not popular, mainly because Americans are wary about handing control of their finances over to a government that could cut them off with a flick of a switch. So, in typical globalist fashion, they plan to “coax” you into using it by introducing the infrastructure as an option they know you’ll love. That’s precisely what they’re doing as we speak with this new FedNow program. This payment system, recently rolled out by the Federal Reserve, sets the foundation for the US government to essentially exert ultimate control over your money.
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Limits like "You already bought a pint of ice cream this quarter, payment denied".
ReplyDeleteNo limits of course on Joe and Hunter's Fentanyl.
When digital payment becomes the pay medium you can kiss buying firearms, ammo and accessories goodbye. About the only way you'll obtain them is from the cold dead hands of an FBI or IRS agent.
ReplyDeleteSo,
DeleteThere’s no downside then?
The Fed still using that 10mm MP7?
DeleteYour terms are acceptable.
DeleteOnce again, a reminder that The Fed is not a government agency, and all of our currency says "Legal tender for all debts, public and private."
ReplyDeleteThis ties in nicely with their effort to bring broadband to rural areas.
ReplyDeleteSo I guess it is time to really start buying some silver each month, from my SS deposit. Not a bunch, maybe just, 10$ of junk silver coins.
ReplyDeleteWe have a couple of dealers here, so no shipping fee. Counting on the price going up to cover the profit the seller will take at the time.
I won't go crazy but a couple of pounds of junk silver could be handy in a hopefully fictional scenario.
Quick question, will China be in on this?
ReplyDeleteThis will be swallowed hook, line and sinker by the brain dead (left) populace. Next step is for the government to make it illegal to transact with gold/silver. We're fuuuucked! Heads on pikes in front of the capitol is the only answer.
ReplyDeleteYou know it! They will be sold on the fact that there will be no more ATM robberies, or being held up at gunpoint for cash and no one will be able to buy illegal drugs anymore. Perhaps the drug cartels will put a stop to the CBDC nonsense - they run our border, after all.
DeleteThey probably own the servers.
Delete"I'm sorry, I don't accept Digital currency, do you have anything of value?"
ReplyDeleteit'll work as good as Obama care.
ReplyDelete( is the sarc tag necessary?)
Already a done deal.
ReplyDeleteEveryone uses their CC instead of carrying cash, so the fix is already in.
They can already have the control part down. It's been around since the PATRIOT Act. Civil Asset Forfeiture too. They can destroy your financial life at the click of a button. i.e. see the truckers protesting Trudeau in Canada.
DeleteThe part they don't entirely have is the insight. They don't know exactly what you've spent money on. Especially if you do a cash-under-the-table transaction. The mafia has no idea if they got their "cut" to send to Ukraine.
I currently buy beef from a local farmer for about $3.50/lb cut and wrapped. I pay in cash. I get beef cheaper than the processors get it, and he earns more money by not getting raped by taxes. If cash gets replaced by digital currency, either he stops being able to sell me a cow, or the government tracks the sale and taxes it.
Eventually Democrats will use this to harm people who do things like buy beef (OMG too much carbon!!11!1on1) or buy "dangerous weapons on war".
Eventually Republicans will use this new tool to go after anyone they think might be spending money on drugs or supporting the wrong religion.
Of course when this inevitably happens, there will probably be a huge market for buying/selling with silver and gold..
Next step?....implants to get rid of cards....or a bar code tattooed on the right hand or forehead...."No one may buy or sell without the mark of the beast"....
ReplyDelete