Tolani Senior Professor of Trade Policy at Cornell University Eswar Prasad spoke at the gathering, bluntly stating the “benefits of digital money” include the “programmability” of citizens.
For example, the government could control what products citizens are allowed to purchase with digital currencies.
Prasad said, “The government decides that units of central bank money can be used to purchase some things but not other things that it deems less desirable like say, ammunition or drugs or pornography or things of the sort.”
That’s right, “ammunition” was the first thing this globalist thought of regulating when he listed off items a government would likely see as “less desirable.”
The American Second Amendment may very well be the only thing preventing the nation from totally falling victim to the globalist agenda, and once their Central Bank Digital Currency (CBDC) goes operational gun rights will absolutely be under attack.
An authoritarian regime could hypothetically prevent any combative or dissenting citizen from being allowed to purchase firearms or ammunition.
Also, with growing propaganda connecting meat consumption to “climate change,” the government could use CBDCs to ration how much meat people are “allowed” to purchase with the digital money.
The WEF isn’t the only major group or political body promoting digital currency as leaders from around the world appear to be rolling out the technology in unison.
Last month, International Monetary Fund Managing Director Kristalina Georgieva announced the IMF is “working hard on the concept of a global CBDC platform.”
Days later, the Governor of the Bank of France François Villeroy de Galhau said it’s the nation’s “duty” to create a digital Euro.
The First Deputy Governor of the Bank of Russia Olga Skorobogatova told Forbes this week her nation also plans to launch a CBDC.
In late July, the U.S. Federal Reserve Bank’s FedNow digital currency is scheduled to be launched.
FedNow is officially an update to the Federal Reserve’s payment processing and settlement system and appears to be a backdoor to creating a private U.S. CBDC.
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