From Public to Private: The Plan to Replace Federal CBDCs with Corporate Surveillance

A Deeper Dive into Trump's Anti-CBDC Stance and the Disturbing Private Sector Control He Proposes As Alternative

CBDCs, the so-called “financial revolution”, have been peddled as the next big leap for humanity, but now we are, watching Canada and Australia hit the pause button on their retail CBDC fantasies, while the U.S. considers not just pausing but completely pulling the plug on the idea.

Money, in its programmable form, isn't a step towards freedom or efficiency; it's a direct ticket to a surveillance state's wet dream. CBDCs, if left unchecked, could turn into the most powerful tool for totalitarian control ever conceived. We're talking about a world where your financial autonomy could be as controlled as your internet search history.

The numbers are telling: nearly every significant economy has been seduced by the idea of digital currencies. Why? Because it's not about improving financial ecosystems or empowering the underbanked. No, it's about the intoxicating allure of power. Governments and central banks see CBDCs as their chance to peer into every wallet, to dictate not just how money is spent but when and where it can be spent.

The U.S. might just be the first to say “enough” and ban CBDCs outright. This is a direct confrontation with the global trend towards financial overreach. Think tanks and the usual suspects in economic circles are likely having a conniption, decrying this as backward thinking. Yet, one must ask, backward to what? To a time when financial privacy wasn't just a luxury but a norm? The horror!

In a move that could be seen as prescient, back in May, the US House of Representatives gave a green light to HR 5403, dubbed the “CBDC Anti-Surveillance State Act.” Sponsored by the ever-controversial Senator Ted Cruz, this bill is a full-throated declaration of war on the digital dollar. This legislation aims to slam the door shut on any possibility of the Federal Reserve issuing CBDCs, arguing it's all about safeguarding financial privacy against what it perceives as an overreaching government.

Here's the breakdown of what HR 5403 aims to block:

• The Fed playing bank directly with citizens by offering them services or maintaining their accounts.

• The creation and distribution of any digital currency that even remotely resembles a CBDC, in any guise or name.

Now, this bill needs Senate approval, which isn't a done deal by any stretch. But let's play the political game here: with Donald Trump winning back the presidency, HR 5403 might just get the boost it needs. Trump's already made it clear in New Hampshire, to an audience eating out of his hand, that under his watch, CBDCs would never see the light of day because they'd give the government “absolute control over your money.”

And even if Kamala Harris had ended up in the Oval Office, I wouldn’t have held my breath for a digital dollar. The political climate in the U.S., especially among Republican voters, is becoming increasingly hostile to the idea of CBDCs. Their reaction to Trump's statements is loud and clear: they're not just skeptical; they're outright alarmed. This is about control, privacy, and freedom, and it shows how platforms outside the mainstream media are shaping public opinion. It's no wonder then that governments are scrambling to silence these voices, fearful of the grassroots movements they could ignite.

The notion of the United States stepping out of the CBDC race is causing quite the uproar among the think tank elite. Back in March, the Brookings Institute, with their usual flair for dire predictions, cautioned that while the US dollar might still wear the crown, its reign could be in jeopardy if America doesn't embrace the digital future. They argue that the failure to innovate in this digital financial landscape could strip the US of the geopolitical and economic leverage it enjoys due to the dollar's global dominance.

Then we have the Atlantic Council, our new, old best friends within the globalist establishment now that the WEF has gone into hibernation. In their melodramatic piece, “Don’t Let the US Become the Only Country to Ban CBDCs,” Josh Lipsky and Ananya Kumar suggest that HR 5403 isn't just a policy misstep but a potential catastrophe for the dollar's future and a chokehold on innovation. Their argument? That by banning CBDCs, the US would not only be stepping out of line with global trends but could also be seen as a Luddite nation, hampering both public and private sector advancements in financial technology. Of course, this all assumes that CBDCs are the pinnacle of innovation and not just another tool for centralized control, an assumption many would contest.