Straight Truth From a Federal Reserve Bank President: We Do Not Need A CBDC
We already have the ability to transfer money instantly through Venmo or Zelle. He noted that the only purpose of CBDC is to monitor and tax the financial transactions of each person in real time.
President of the Federal Reserve Bank of Minneapolis, Neel Kashkari: CBDC doesn't solve any actual problems, other than enabling central bankers to monitor all transactions, impose negative interest rates (a deduction from your account), and deduct taxes directly from people's accounts in real-time.
Hat tip to the Lioness of Judah Ministry and WideAwake…
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