This Is Escalating Quick … Just Like The Fake VAX … This is Bordering on ‘Mark of The Beast’ Technology … WHEN will it all come together? NOT NOW!
The Government Wants Total Control Over Your Money Like Everything Else
Remco Brommet with IFA Pray reports:
Almighty God, help Your people see the developing trends in our world through the eyes of Scripture, so that we may be vigilant and act with courage and resolve.
Analysis. A few days ago, IFA reprinted an article by WFTV9, Orlando, Fla., about Florida Gov. DeSantis’ signing legislation that bans the use of Central Bank Digital Currency (CBDC) in that state. It turns out that the Biden administration is furtively pushing ahead with plans for a future in which Americans don’t hold or control their own money.
According to an article published on Fox News a month ago, the administration released a sweeping executive order directing numerous federal agencies to crack down on digital assets, including popular cryptocurrencies, and to study the potential development of a CBDC. The article goes on to explain that CBDC is not the same as the current digital version of paper money you use to transact online, but rather an entirely new form of currency.
An in-depth paper published by the Federal Reserve Bank in January of last year reports: “A CBDC could potentially offer a range of benefits. For example, it could provide households and businesses a convenient, electronic form of central bank money, with the safety and liquidity that would entail; give entrepreneurs a platform on which to create new financial products and services; support faster and cheaper payments (including cross-border payments); and expand consumer access to the financial system. A CBDC could also pose certain risks and would raise a variety of important policy questions, including how it might affect financial-sector market structure, the cost and availability of credit, the safety and stability of the financial system, and the efficacy of monetary policy.”
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