BOOM! Trump Vows to Defend Freedom: “I Will Never Allow Central Bank Digital Currency” (video)
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In a fiery declaration that resonated with his supporters, former President Donald Trump issued a resounding vow to protect the American people from what he called a looming threat to their freedom. Trump staunchly opposes the introduction of a Central Bank Digital Currency (CBDC), asserting that it would grant the government unparalleled control over the finances of its citizens. As the debate over CBDCs rages on, Trump’s bold stance has ignited a fierce battle against what he sees as a perilous encroachment on personal liberty.
BOOM! Trump Vows to Defend Freedom: "I Will Never Allow Central Bank Digital Currency" pic.twitter.com/AyBMCuV7QY
— Medeea Greere (@GreereMedeea) January 18, 2024
In a powerful address to a crowd in Portsmouth, New Hampshire, former President Donald Trump made it abundantly clear that he would stand resolutely against the implementation of a Central Bank Digital Currency (CBDC) in the United States. Trump asserted that the introduction of a CBDC would constitute an alarming threat to individual freedom, as it would place unprecedented control over citizens’ financial transactions in the hands of the government.
“This would be a dangerous threat to freedom – and I will stop it from coming to America. We are also going to put in place strong protections to stop banks and regulators from trying to de-bank you for your political beliefs. That will never happen while I am your president,” Trump declared to an enthusiastic audience.
These bold statements come at a critical time when discussions surrounding CBDCs are gaining traction globally. Trump’s commitment to defending individual liberty against what he perceives as a looming danger has sparked passionate debate and underscored the profound implications of CBDCs.
CBDCs, promoted by globalists and central bankers as a means to revolutionize cross-border payments and establish a new international monetary system, are increasingly seen by skeptics as tools of oppression. Former Federal Reserve Governor Michelle Bowman echoed these concerns when she cautioned against the potential threats to privacy and personal freedom posed by CBDCs.
“In thinking about the implications of CBDC and privacy, we must also consider the central role that money plays in our daily lives, and the risk that a CBDC would provide not only a window into, but potentially an impediment to, the freedom Americans enjoy in choosing how money and resources are used and invested,” Bowman warned during a speech at Harvard Law School.
Central bank digital currencies are a pivotal component of a broader “war on cash.” Advocates argue that a cashless society offers safety, convenience, and enhanced security, while also curbing the activities of criminals who favor untraceable cash transactions. However, a more sinister aspect emerges: the potential for government surveillance and control over personal finances.
The elimination of physical cash creates a scenario in which the government can closely monitor and manipulate consumer spending. It also affords central banks the ability to implement aggressive monetary policies, including negative interest rates, with greater ease. The concerns raised by Trump and others highlight the pivotal role of CBDCs in shaping the future of finance and individual autonomy.
Despite growing opposition to CBDCs, data from the Atlantic Council CBDC Tracker indicates that 130 countries, representing over 98% of global GDP, are either exploring or developing their own digital currencies. This represents a remarkable surge in interest over the past few years, driven by the allure of digital currencies’ potential benefits.
Furthermore, some countries have started experimenting with CBDCs for international settlement. In a notable example, Zurich issued a CHF 100 million ($113 million) digital bond via the SIX Digital Exchange in November, settling the transaction using a wholesale central bank digital currency issued by the Swiss National Bank (SNB).
As the debate over CBDCs intensifies and their global adoption gains momentum, the question of whether they will become a reality looms large. Trump’s unyielding commitment to safeguarding individual freedoms in the face of what he views as an impending threat adds a dynamic layer to this ongoing discourse.
The former president’s unequivocal rejection of CBDCs underscores the gravity of the issue at hand. While proponents hail the potential benefits of digital currencies, detractors like Trump are determined to prevent what they perceive as an encroachment on the cherished principles of personal freedom and financial autonomy. The clash between these opposing viewpoints will undoubtedly shape the future of money and the extent of government control in our lives.
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OMG … did Damon really say that to Klaus Schwab? 😂❤️🤗 🏅🏅🏅🏅
It’s time we all courageously stood up to save our country! We outnumber them and together we can MAGA!
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