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The buzz is now that this could happen by the end of the year.
Put as much or as little faith in this article's claims as you choose, but it should certainly be on everyone's radar.

Have a plan.
I've heard the same chatter. December is the final due date of the report. I don't think they'll be able to pull off the entire change by then unless it's been in place for quite a while and tested.
 

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Discussion Starter · #42 ·
I've heard the same chatter. December is the final due date of the report. I don't think they'll be able to pull off the entire change by then unless it's been in place for quite a while and tested.
It requires legislation at the very least, and I've not seen any proposed.
I'm hoping this is just wild speculation at this point, but I'm sure this is coming eventually.
 

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Discussion Starter · #43 ·
The slow roll toward tyranny never stops...

It's still coming, and is being pushed with "the highest urgency on R&D efforts related to CBDCs".

This release denotes some "objectives" they are seeking: (I've added my own comments in bold colored text)
"...these objectives state that a U.S. CBDC system should:
expand equitable access to the financial system, (any time you see the word "equitable" instead of "equal", it means treating some people different from other people based on arbitrary examples of "social injustice" that must be corrected)
preserve the role of physical cash, (this shocked me to see, but I suspect such an objective will be short-lived, if pursued at all)
and only collect data that is strictly necessary. (Not a chance. Data is king. The whole point of this will be to learn habits and control behavior. This is an outright lie.)
They also note that a U.S. CBDC should be sustainable, avoiding the environmental concerns raised by some privately-issued digital assets" (This is a dig at current crypto assets which require electricity use in order to generate new coins, and the process is intentionally restrictive to avoid runaway devaluation. This new CDBC will likely be fabricated out of thin air, of course without even needing to be printed like cash, allowing further control of the "asset" by whichever party holds the digital encryption keys.)

Stay vigilant. Have a plan.
Start contacting your state reps and make sure they know what's coming.
The only way states will be able to push back on this is by developing their own currencies.
 

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Discussion Starter · #44 ·

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Ah... I've simply come to expect it... And well how else will the Mark of the Beast work. Oh, but my Christian nut job thinking aside, its an blank check for national debt and will bust the economy so... have fun.
 

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Robert Shiller is one of the nutty professors giving President Pudding Head economic advice. Like almost all these frauds, Shiller gives to ACTBLUE, the fund for Democrat hacks. He handed $1,000 each to Biden for President and the Biden Victory Fund. Shiller really loves Hillary, she grabbed $7,400 from Shiller.

Here he is with Klaus Schwab.

Clothing Head Organ Coat Smile


Shiller has long been designing a digital currency to solve the inflation problem. He wants big data to create the perfect electronic money by basing currency units on people's economic needs.

The plan is for sophisticated software to aggregate the price of typical consumer’s daily purchases and a basket of their typical purchases chosen so that the price of the basket in dollars rises with inflation.

Shiller wants to introduce this new digital currency, called a ‘basket’, into the US economy. It will be free and will protect the value of people's money that would be eroded by inflation.

It works similar to the Unidad de Fomento, a non-circulating currency used in Chile. It is a shadow currency. There are no UF coins or notes circulating in the Chilean economy. It is a purely abstract unit-of-account, totally divorced from any medium-of-exchange.

Like Chile, the US government can adopt a shadow currency Americans can use for their transactions.

Now Dementia Joe has signed an executive order entitled "Executive Order on Ensuring Responsible Development of Digital Assets". This order, directs information gathering on the affects and plausibility of developing and implementing a United States Central Bank Digital Currency (USCBDC).
 

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Discussion Starter · #49 ·
Now Dementia Joe has signed an executive order entitled "Executive Order on Ensuring Responsible Development of Digital Assets". This order, directs information gathering on the affects and plausibility of developing and implementing a United States Central Bank Digital Currency (USCBDC).
Yes, linked in first post. ;)
 
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