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In case you missed this announcement by the BidenBot!
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This should be interesting
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Three First Spouses.
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Interesting fire damage in Maui.
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#SpookdBlog to #Tom
Iโll โspeculateโ
here.
Historically, the Federal Reserve Banking system created a Central Bank driven by major financial power players in 1913 with the support of Democrats who controlled Congress
- and signed off by Woodrow Wilson
(who also engaged us in WW1 and
fought against women and Black Suffrage.
Until the dems and Wilson intervened, the US dollar was backed by Gold and Silver.
(Remember the famous Cross of Gold Speech (WJ Bryan)
(Had WJ Bryan been elected, the book below would have been historically accurate:
โ1900: or; The Last Presidentโ
(I Lockwood)
Currently, we have Fiat currency, backed by nothing but paper and ink.
What the democrats and Congress wants is a CBDC (Central Bank Digital Currency)
which can then be controlled by the Central Government to control American citizens and commerce - at the flip of a switch
(โSorry, you criticized the President! The USG has just reduced your bank account to zero!โ)
This whole scenario was covered in a Science Fiction Tory in the 1990s.
To get back to your original question:
Trump stacked the FRB Board, stripped it of its powers, moved it under Dept of Treasury, and has his thumb on Janet Yellen.
Short Answer:
1)
CBDC is a non-starter
2) Federal Reserve Note will be replaced by the US Treasury Certificate redeemable in various denominations of Golld
3) That will reconstitute the value of the US dollar.
4) the US dollar, backed by gold, will be on a par with major gold backed currencies of other nations
Iโll โspeculateโ
here.
Historically, the Federal Reserve Banking system created a Central Bank driven by major financial power players in 1913 with the support of Democrats who controlled Congress
- and signed off by Woodrow Wilson
(who also engaged us in WW1 and
fought against women and Black Suffrage.
Until the dems and Wilson intervened, the US dollar was backed by Gold and Silver.
(Remember the famous Cross of Gold Speech (WJ Bryan)
(Had WJ Bryan been elected, the book below would have been historically accurate:
โ1900: or; The Last Presidentโ
(I Lockwood)
Currently, we have Fiat currency, backed by nothing but paper and ink.
What the democrats and Congress wants is a CBDC (Central Bank Digital Currency)
which can then be controlled by the Central Government to control American citizens and commerce - at the flip of a switch
(โSorry, you criticized the President! The USG has just reduced your bank account to zero!โ)
This whole scenario was covered in a Science Fiction Tory in the 1990s.
To get back to your original question:
Trump stacked the FRB Board, stripped it of its powers, moved it under Dept of Treasury, and has his thumb on Janet Yellen.
Short Answer:
1)
CBDC is a non-starter
2) Federal Reserve Note will be replaced by the US Treasury Certificate redeemable in various denominations of Golld
3) That will reconstitute the value of the US dollar.
4) the US dollar, backed by gold, will be on a par with major gold backed currencies of other nations
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