Americans Sleep As Global Monetary System Being Reset

There is an even more important part of the EO: President Biden has instructed the federal government and Federal Reserve to lay the groundwork for a potential new U.S. currency, a digital dollar.

A digital dollar would not merely be a digital version of the existing U.S. dollar, but rather an entirely new currency that would, at least at first, exist alongside today's currency.

Unlike the current dollar a central bank digital currency would not exist in physical form, meaning you wouldn't be able to go to a bank or ATM and withdraw it.

The Federal Reserve would have the ability to create more digital dollars whenever it sees fit, and, depending on how the legislation is written setting up the currency, the dollars could be formulated to have various rules and restrictions built into their design.

In one report about the development of a central bank digital currency published by the Federal Reserve in January, the Fed outlined a few examples of possible "Design choices" for a digital dollar, including that "a central bank might limit the amount of CBDC an end user could hold."

There are many reasons to believe Biden's plan for a digital dollar involves a design that will give the federal government and/or Federal Reserve control over much of society and the economy.

Even more stunning, in a 2021 question-and-answer session about the development of a digital dollar, David Andolfatto, a senior vice president and economist in the St. Louis Fed's Research Division, was asked whether the Fed could "Assure us [the public] that these digital currencies won't ever be used to tell us when, how or where our money can be spent?"

https://www.technocracy.news/americans-sleep-as-global-monetary-system-being-reset/