Editor’s Note: I do NOT believe we are on the verge of Central Bank Digital Currencies hitting the mainstream this year. It COULD happen, but that would take a major upheaval. What I do believe is that they will be rolled out sometime in 2023-2025. This is the reason, in my humble opinion, that they are trying to hire 87,000 IRS agents. Yes, it’s for the sake of going after the middle class and small businesses, but the long-term agenda is to have a militarized force that can implement Central Bank Digital Currencies.
We first wrote about Joe Biden’s Executive Order 14067 on March 14.
It calls for the creation of Central Bank Digital Currencies (CBDCs), which in the case of the United States, would be administered by the Federal Reserve. The “conspiracy theory” is that once CBDCs are implemented, the government can instantly shut off money access to anyone who is not being obedient. They can also track every single transaction and even limit the amount of money you can hold and spend at any given time.
Mr. Jim Rickards is a lawyer and author of seven books, including Currency Wars: The Making of the Next Global Crisis (2011) and his most recent one, The New Great Depression: Winners and Losers in a Post-Pandemic World (2021). He “predicted the Great Recession” of 2008, according to Business Insider.
To be clear, this blogger worked at a major bank as a mortgage underwriter from 2001 to 2006, while moonlighting on the radio. Anyone who processed and approved those adjustable-rate mortgages (ARMs) by the hundreds everyday for people with sketchy credit knew that financial ruin was forthcoming. Thus, Mr. Rickards’ prediction thereof wasn’t all that profound.
But now he’s predicting a “C-Day.” Several alternative news sites are covering said prediction. C-Day will take place on December 13, 2022. U.S. paper dollars will become completely worthless, and you’ll only be able to use “Biden Bucks” (the new CBDC) from that day forward, according to Mr. Rickards.
Can this really happen? It’s all pure speculation. But let’s revisit China 2022 to see what this looks like.
Can the December 13 implementation really happen?
At some point before the year 2030, paper fiat currency will be eliminated and every American will be forced to use Federal Reserve-owned cryptocurrency. It won’t be a pretty transition, and violence is likely to be the result as many people stand to lose a lot.