And he’s not just endorsing it — he’s making it mandatory.
Did you ever wonder why Big Government and its hive of financial cronies were so opposed to crypto?
It’s because they've had this plan in the works for longer than any of us could have imagined.
The unquantifiable “they” I’m referring to are the political string-pullers that exist far above presidents and Congress members. They're the ones that hand down the orders.
They go by many names — one of the media’s recent favorites is the “deep state.”
I’ve heard too many people say that this plan won’t last. They swear that this is a “Democrat plot” that will be overturned as soon as Biden’s tenure in office is over.
Think again. This is a political bombshell that transcends party politics.
In fact, tracking how the peons spend their money has been a wet dream of the shadowy political elite for nearly all of human history. They just haven't had the technology to make it happen until now.
Biden’s overlords have decided that it’s time to ban cash completely. They intend to substitute a digital government scrip called a central bank digital currency (CBDC).
And when cash goes, all anonymity in the financial system will go with it.
That’s the inevitable goal of this massive overreach. The world’s governments want to track every purchase their citizens make, from how much liquor you buy to whether or not you drive an electric vehicle.
It’s a level of control that we expect from China, not the so-called “land of the free.” But that’s not stopping Biden from rolling out a system that he claims will be for the good of the people.
I don’t think you need me to tell you that’s not the case.
The Pros and Cons of Total Government Control?
According to the U.S. Federal Reserve, the positive aspects of a CBDC far outweigh the negatives. Chairman Jerome Powell claims that the convenience of swiping a card makes it totally fine for the government to know about every single transaction you make.
Powell is a seasoned expert at urinating on the public and calling it rain, so this is straight out of his playbook.
After thoroughly reading the proposed CBDC plan the Fed is cooking up, it looks to me like this federal currency offers roughly the same benefits as the average credit card.
You can leave cash at home, take advantage of various promotions and perks, and enjoy slightly higher security if someone steals your wallet.
On the negative side, it practically guarantees that your personal information will end up in the hands of the government.
Did you buy too much alcohol this month? Your health insurance might go up.
Haven't made the switch to an EV yet? Get ready for a special “green tax” made just for you.
Spending a few dollars that you made under the table? Get ready for a friendly IRS agent to butt in.
At this point, I probably owe a few conspiracy theorists an apology. This is the type of dystopian future that the tinfoil hat crowd has been warning us about for years, but until recently it sounded too far-fetched.
Well, that moment is here. In fact, it's set to be put onto the lawbooks as early as this May.
That’s exactly why I’m not wasting any time bringing you our survival guide for the inevitable financial shake-up that is coming this year.
I wish I was joking — Biden and the Federal Reserve have set May 3 as the official date.
Read more about how to keep your investments in the green when this absolute hurricane of legislation makes land.
