Ron DeSantis, RFK Jr., and Tulsi Gabbard All Warn Against Central Bank Digital Currency

Florida Governor Ron DeSantis, former Congresswoman Tulsi Gabbard and Democratic presidential candidate Robert F. Kennedy Jr. Federal Reserve is trying to create an alternative digital dollar.

Three caveats are used to restrict civil liberties, as seen in countries such as China, where one’s access to money is dictated by a social credit scoring system.

The response came after the Fed released information about its “FedNow” initiative, in which it seeks to find a new way for banks to transfer money to each other faster. Additionally, they are continuing efforts to push forward a central-bank digital currency that achieves the same goal, allowing individual banks to use them as instant digital “cash.”

NBC News and other pro-government media outlets were quick to defend the Fed, attacking DeSantis and RFK Jr. specifically for ‘misconstruing’ the two plans as one.

The Fed has announced the introduction of its “FedNow” central bank digital currency (CBDC) in July. CBDCs grease the slippery slope to financial slavery and political oppression.

Although cash transactions are anonymous, a #CBDC It allows the government to monitor all of our private…

– Robert F. Kennedy Jr. (@RobertKennedyJr) April 5, 2023

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Warnings

Speaking on the issue at a conference last week, DeSantis said “they’re trying to impose ESG.” [Environmental, Social, Governance] Agenda.” ESG is a private sector effort to establish radical liberal agendas in business and is endorsed and promoted by the World Economic Forum.

DeSantis warned that a potential Fed-created digital currency would allow the government to potentially prevent individuals from “buying a rifle” or “buying more gas.”

NBC notes that DeSantis “misinterpreted” the plan because, after all, “Fed officials aren’t committed to any such plans,” such as cutting off your money at a gun store.

Well, thank goodness for our watchdogs at the Fourth Estate. Nothing bad happens unless the government admits evil-intent beforehand!

“This is giving away the power of our financial freedom to a central bank that doesn’t have our best interests at heart,” DeSantis said. The governor has already introduced legislation against ESG policies in Florida and proposals to ban any attempts at a Fed-issued digital dollar within the state.

As noted earlier, the FedNow system is not necessarily the same as a central bank digital currency, but the latter certainly facilitates the former, and you know they certainly want the latter.

And at least temporarily, Fed Chairman Jerome Powell has said the Fed would need an act of Congress to create a consumer digital currency.

In Australia, the ESG movement has already succeeded in getting banks to implement a policy of not lending to gas-powered vehicles.

Robert Kennedy Jr., who recently filed the appropriate FEC documents to seek the Democratic nomination for president, posted remarks by DeSantis on Twitter at the same time that a central bank issuing a digital currency would “almost guarantee the federal government to monitor all of us. Private financial businesses… enforce a dollar on our transactions that restricts where you can send money” and “freeze your assets if you fail to comply with arbitrary orders or limit your spending to approved vendors, ie vaccine orders.”

All possibilities – even if Uncle Sam doesn’t confess.

“The US federal government has begun implementing a centralized digital currency project (CBDC) to bring about a cashless society where every transaction we make is tracked, monitored and controlled,” Gabbard posted. “Thus destroying our autonomy and freedom. To protect our freedom, we must all stand together in rejecting this attempt to establish a digital cashless society.

A fact-check placed on an Instagram post argued that “the Fed Instant Payment System is not a central bank digital currency.” This does not negate Gabbard’s concerns.

Related: Why are lawmakers continuing to push for a digital dollar? Look at China

What the Fed said

A spokeswoman for the Fed did not directly comment on the praise from DeSantis, Kennedy or Gabbard, but said the Fed was “a step toward eliminating any form of payment, including non-currency or cash.”

Brian Griffin, press secretary for DeSantis, later said, “The record of the establishment through COVID and under this administration speaks for itself and leaves plenty of room for concern. Obviously, a centralized currency provides and avenue for the controlling entity to push the agenda.

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