WND Still Fearmongering About Possible Federal Digital Currency

WorldNetDaily just can’t stop fearmongering about the federal government exploring digital currency, falsely suggesting or claiming that implementation of a “central bank digital currency” is imminent and that the U.S. will become a China-esque “social credit” society were the government can and will shut off your money for any reason. Robert Knight made his contribution to the conspiracy in a Aug. 8 column:

Our own Federal Reserve is studying the possibility of issuing CBDCs along with paper currency and perhaps eventually replacing dollar bills altogether.

An executive order signed by President Biden on March 9, 2022, orders research and development of CBDCs. The order says that such a system could aid “equitable” financial access (redistribution) and reduce “negative climate impacts” (don’t think of investing in oil, natural gas or coal).

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This is an Orwellian nightmare that we in the United States could experience if we don’t resist the lure of central bank digital currencies.

We’re not talking here about bitcoin and other cryptocurrencies, which are not centralized and not subject to government manipulation. Texas legislators have proposed a state, gold-backed digital currency that will protect privacy and economic independence.

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What are liberty-loving Americans to do in the face of all this?

Use more cash.

Support efforts to decentralize everything from education to the marketplace.

Seek out alternative media.

Boost lawmakers and candidates who want less government and who unapologetically oppose the left’s assault on the moral order.

Strengthen our families and local community.

Above all, pray for divine intervention and national revival.

Rolaant McKenzie — the guy who bizarrely equated the idea of 15-minute cities to “The Hunger Games” — complained about “smart cities” where digital currency would presumably be used in his Nov. 2 column:

In such cities, residents would eventually be issued a digital biometric ID with a unique number tied to a central bank digital currency (CBDC), where all financial transactions and other aspects of life would be monitored and controlled.

If a person or organization runs afoul of the global elite’s propaganda of the day, that individual or organization may have their ability to conduct financial transactions disrupted or canceled. Examples include British broadcaster and former politician Nigel Farage, whose bank accounts were terminated by National Westminster Bank (NatWest) for his political views and affiliations, and Christian charity Indigenous Advance Ministries, which was debanked by Bank of America for its support of traditional families and young orphans in Uganda, a country that rejects the promotion of the LGBTQ+ religion.

The all-encompassing information on an individual provided to those who manage the biometric ID system grants them the ability to control what is seen and heard, mold thinking and determine how one should live. Data is used as a chain of servitude to the power of the global elite.

Sarah Smith contributed with a Feb. 9 column that included the requisite citing of the World Ecomonic Forum as a convenient and familiar bogeyman:

The WEF has also advocated a central bank digital currency, or CBDC, eerily similar to the biblical Mark of the Beast system. They have promoted their “CBDC toolkit” to policymakers.

China already has a CBDC that is tied to a person’s social credit score, where a person can have his money turned “off” or “on” according that person’s score. If they have the wrong political views, or even visited with someone that does (tracked through phone), then the money in their digital wallet might be reduced or its uses restricted. If you wanted to restrict people to traveling only 5 miles from home, then you could program CBDC to turn off when people tried to purchase anything 6 miles from home. CBDC technology allows for endless forms of social control.

The conspiracy-mongering escalated quickly:

Since we know that the WEF wants every nation to adopt a CBDC, it does not seem far-fetched to hypothesize that WEF officials have a strong incentive to actually want cyberattack(s) to happen globally.

What evidence can we see that this is about to happen? The president of Ukraine recently signed a CBDC into law. Many other nations are making progress toward CBDC implementation.

And that includes the United States: President Biden recently signed an executive order to speed up U.S. development of a CBDC.

But Americans are not battle weary like Ukrainians nor are they compliant like Chinese under a communist dictatorship. Therefore, some type of emergency must be created in order to stampede Americans into docile acceptance of CBDC.

Usher in new lockdowns? Spread a lethal Ebola variant? Foment a civil war? Create a global oil crisis with a hot war in the Persian Gulf? Are elements within our intelligence agencies, working on behalf of the world’s largest banks and WEF, helping China to engineer a series of cyberattacks on the United States in order to “create havoc” in order to implement a new financial system? David Webb says, “Yes, it is very clear that this was a CIA project.”

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We do not have to be idiots and go along with it. There are more of us than there are of them. No one agreed to let their assets be hijacked. And just as we should not confuse the virtual world with the real world, we should not confuse artificial legal constructs designed to steal with what we know in our hearts to be ethical.

Unsurprisingly, WND used the same piece of stock art it has used to illustrate previous anti-CBDC rants.