Joe Biden really did it this time.
What just happened will leave Americans horrified.
And Joe Biden signed a death warrant that has all hell breaking loose.
On March 9, Joe Biden signed Executive Order 14067 entitled “Ensuring Responsible Development of Digital Assets.”
Financial analyst Jim Rickards warned Biden just set in motion the end of the U.S. dollar.
“The U.S. dollar as we know it is doomed,” Rickards declared. “President Biden signed the death warrant himself on March 9th with Executive Order 14067.”
The executive order’s main purpose was to study regulating cryptocurrencies claiming the government needed to create guardrails to protect citizens, investors, and business owners.
“We must protect consumers, investors, and businesses in the United States. The unique and varied features of digital assets can pose significant financial risks to consumers, investors, and businesses if appropriate protections are not in place. In the absence of sufficient oversight and standards, firms providing digital asset services may provide inadequate protections for sensitive financial data, custodial and other arrangements relating to customer assets and funds, or disclosures of risks associated with investment. Cybersecurity and market failures at major digital asset exchanges and trading platforms have resulted in billions of dollars in losses. The United States should ensure that safeguards are in place and promote the responsible development of digital assets to protect consumers, investors, and businesses; maintain privacy; and shield against arbitrary or unlawful surveillance, which can contribute to human rights abuses,” the order read.
But then the frightening part of the order was buried in Section Four, Part 2 where Biden announced that his administration would begin the process of studying the creation of a U.S. government-backed digital currency.
“My Administration places the highest urgency on research and development efforts into the potential design and deployment options of a United States CBDC. These efforts should include assessments of possible benefits and risks for consumers, investors, and businesses; financial stability and systemic risk; payment systems; national security; the ability to exercise human rights; financial inclusion and equity; and the actions required to launch a United States CBDC if doing so is deemed to be in the national interest,” the order stated.
A U.S. government-backed digital dollar is game over for freedom in America.
The government having the ability to create digital currency would give federal authorities unlimited power to spy on Americans’ bank accounts and financial transactions.
Government officials could weaponize federally issued digital currencies to ban Americans from making purchases that run counter to the Democrat Party’s political agenda.
A future Democrat president could turn off the ability of Americans to use a government-backed digital currency to purchase firearms and ammunition or donate to churches that oppose abortion, homosexual marriage, and grooming children into transgenderism.
The government issuing digital currency is the ultimate civil liberties nightmare.
And Joe Biden just set events in motion that could lead to the worst assault on freedom in American history.
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