DOWN THE RABBIT HOLE: Devaluing of the US Dollar, and can we stop Fed?

The digital currency narrative and its accompanying agenda is grossly upon us.

To the point it might be too late.

Let’s get into this first by my saying that while everyone has been transfixed on the Trump indictment uproar and failing banks, the US government has been attempting to push legislation in all 50 states to “quietly” push the framework of the Central Bank Digital Currency in all 50 states.

South Dakota governor Kristy Noem recently vetoed a bill that would have created a path in that state for the Federal Government to implement the CBDC and not surprisingly it was hidden in a bill that, according to one source said, “had a completely different stated goal on the front.”

The bill was said to be an update to the guidelines of the universal commerce code that was backed by all the banks and financial institutions, but it was much more.

Similar legislation is also being considered in a variety of additional states including Texas so let’s hope our governor here in the lone star state has the time to read the fine print.

Of even bigger issue is something called FedNow, a service that is being billed as having the ability to “enable financial institutions to deliver end-to-end faster payment services to their customers.”

It  reads, “Through financial institutions participating in the FedNow Service, businesses and individuals will be able to send and receive instant payments at any time of day, and recipients will have full access to funds immediately, giving them greater flexibility to manage their money and make time-sensitive payments: www.federalreserve.gov/newsevents/pressreleases/other20230315a.htm#:~:text=Through%20financial%20institutions%20participating%20in,and%20make%20time%2Dsensitive%20payments

In short, this week the FedNow system goes into effect for the month of April and May and is a voluntary opt-in. In June it will be a requirement to enter into the system and in July it will be in full effect.

One man said, “At that point you will be controlled by the Federal Reserve who can turn your currency on and off at will.”

This man was basically saying it is happening so it is a good idea to prepare now because you are either in the system or you or not and if you aren’t in the system, you are kind of going to be rogue.

FedNow is being called “the new digital dollar.”

This entire digital currency scheme has been described as “the final gate being put in place to control humans not only in the United States, but around the world.”

As to what happens when the people of the world are forced to go cashless ushering in the age of complete government control, well, it will be more big brother surveillance, and a social credit score like in Communist China (yes, the country our government is crying about having too much surveillance of us by TikTok).

Catherine Austin Fitts from the Solari Report said, “We literally will be sitting in a system where the central banks believe that our assets belong to them, and they can dictate when we will spend money and what we can spend money on.

“The important thing to remember is Central Bank Digital Currency are not currency, it is the ability for the central bankers to not only publicly have the ability to not only set the central bank rules, but to enforce the rules centrally. If you don’t behave you can have your money turned off.”

Another example of how a CBDC will work is that it could expire. Just like that gift card you got, this money will expire and then you don’t have it anymore. You lose it. 

You lose your money, and you lose your savings and you lose your freedom to move around the world and have the things you have now. 

The government gets to decide what you can and will spend your money and how much money you will have.

Money is power and without it you don’t have a voice, you don’t have a choice and your life as you know it will change.

Wonder how this type of digital currency is being used in China? One reporter explained it like this; In October 2020 one district in China announced the distribution of this type of currency to Chinese citizens amounting to about $30.

The lucky winners could spend their money only at designated shops with a one week time frame or it would be lost.

Also, as a reminder, Biden’s executive order 14067 was about canceling the US dollar in lieu of digital currency therefore allowing the government to see how every person is spending their money therefore taking control of banks accounts and purchases.

Think about it, every single transaction you do in your life with the FedNow system will be tracked and we will be tracked like caged animals.  

And to top the possible topple of the US dollar off, last week Brazil cut a trade deal with China to in the future do trade in their own currencies and no longer use the dollar.

According to Florida Senator Mark Rubio, “They are trading right around the dollar and creating a secondary economy in the world totally independent of the United States. 

“We won’t have to talk about sanctions in five years because there will be so many countries transacting in currencies other than the dollar that we won’t have the ability to sanction them.”

Another shocker that has been reported is that China and Russia are working together to broker a peace deal with Saudi Arabia and Iran [known enemies by the way] and with this deal Saudi Arabia has reportedly said they are willing to trade oil with China.

This again puts the American dollar at risk because over the years the dollar has held power because oil traded by Saudi Arabia has been traded in the Petro Dollar. That is how the US dollar value has held a strong currency since any country wanting to buy oil has had to use the US dollar to buy it.

In 1971 when the US got off the gold standard that made the US dollar tied more intricately to oil. With this new deal being brokered among the above mentioned countries, rumor is that leaves the US dollar not being backed by anything and making it possibly worthless and a “hyper inflationary event” according to one report. For those of us who hold dollars we could see our money devalued and that my friend is how we will end up with Central Bank Digital Currency.

Have you started connecting the dots yet?

Rita Cook is a freelance writer for The Ellis County Press. She can be reached at rcook13@earthlink.net.