Democrats Try To Sneak Fed-Controlled Digital Dollar Into Coronavirus Spending Bill

(Tea Party 247) – In attempts to cram their far-left policies into the coronavirus stimulus bill, the Democrats included a proposal to “digital dollar” controlled by the Federal Reserve meant to make payments to people and businesses that were forced to shut down amid the coronavirus pandemic.

Wow, that doesn’t sound like a terrible idea at all.

House Democrats originally included a provision for a digital dollar in the $2.6 trillion draft stimulus bill introduced Monday which would provide monthly economic relief to “qualified individuals.”

In the draft, a digital dollar is defined as “a balance expressed as a dollar value consisting of digital ledger entries that are recorded as liabilities in the accounts of any Federal Reserve bank; or an electronic unit of value, redeemable by an eligible financial institution (as determined by the Board of Governors of the Federal Reserve System).”

Control over this dollar would be managed and controlled by the Federal Reserve Bank, and they would be kept in “a digital wallet or account, maintained by a Federal Reserve bank on behalf of any person, that represents holdings in an electronic device or service that is used to store digital dollars that may be tied to a digital or physical identity.”

Such a move may have been in the works long before any of this happened, however.

As Infowars notes, Chairman of the Federal Reserve, Jerome Powell, told lawmakers last year that he was looking into the “the costs and benefits of pursuing” digital currency for central banking.

Can you imagine that?

How convenient.

Infowars continues:

In fact, a cashless digital currency system is one of the main hallmarks of the New World Order agenda because such systems would allow governments and banks to closely monitor and track the behavior of citizens.

“Over the course of a decade, the masses have been acclimated to the idea of a digital currency system,” Alt-Market’s Brandon Smith wrote. “They are now being acclimated to the idea that physical currencies should be done away with and replaced with the ‘more efficient’ blockchain tech – Death to the dollar, death to the Fed and death to the globalists say activists as they cheer for the new digital landscape! But this is not what is really happening. The death of the dollar and physical cash is only the primer for a new and even more invasive world order.”

What better time to try and initiate digital currency than a massive global economic and public health crisis.

Global government bodies have already asserted that physical paper money could perpetuate the spread of the virus.

“We know that money changes hands frequently and can pick up all sorts of bacteria and viruses and things like that,” a World Health Organization representative said in early March. “We would advise people to wash their hands after handling banknotes and avoid touching their face.”

Fortunately, the “digital dollar” provisions of the Democrats’ draft version of the stimulus bill has now been scrubbed.

Infowars notes, however, that it is “now mentioned in a separate bill introduced by Rep. Maxine Waters (D-Calif.), titled the ‘Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act.’”

So keep an eye out for this!

11 COMMENTS

  1. The Democrats are trying their tricks once again. The bastards always try to sneak something through; something they know damned well the Republicans would not agree on. If the Damned Democrats would simply do what is proper and legal, they would introduce a bill that explains in detail what the bill will do if and when it is approved by the House and signed by the President. They should not entitled a proposed bill to read one thing and then stuff their shit between pages in order to get the Republicans and President to sign the bill and make it concrete. The same basic principle applies to the Republicans. They should not stuff shit into a bill, knowing that it will be opposed – if noticed. Once and for all, the Senate and the House need to be honest about their duties. They will try every trick in the book to get elected, but let them do their work as they are supposed to do, and without the cheating that goes on. How can we expect a good, honest government if we can’t trust those who are elected by the people?

  2. Funny how people can read what has been told would happen in the Bible and still not realize God is real when those things are coming true. What is funny is I woke up this morning thinking this very thing and low and behold it is exactly what I was thinking they would try and do. Maybe God is nudging me.

  3. I have auto deposit and the first thing I do is take out all my cash except the auto paid bills cash. I do my shopping with cash and buy my gas along with anything else I might want such as eat out. I do not debit because I am old school and realize checks along with debit allows the government and banks to know what you are doing with your money. What I do with my money is my business and no one else’s. When they put that little safety chip on the debit card it should of sent off a warning to people. The card isn’t safer with it but it is easier to know where, when and what you used it for because it is a computer chip. Why would you need a computer chip on your debit or credit card?

  4. It is my prayer that all Christians are familiar with the end time prophesies regarding one world government and especially, “ mark of the beast” paperless purchasing of everything.
    Look up Christians. God said it and it is happening! Things that we previously could not imagine are unfolding before our eyes!!

    • And even if that scare tactic isn’t true the fact that a fellow american would turn communist and introduce a bill that would take another one of our freedoms away from us astounds me. Also, That other Americans are so dumbed down that they would elect such a scoundrel dog ,such as she shows us, that she is.

  5. How intuitive of Mr. Orwell! Naive me read 1984 in 1963 and, at the tender age of 17, could not believe the contents could ever come to fruition. Now, at almost 75, I can’t believe it has. It slipped in right under my observant eyes.

    Now California’s inefficient and putrid answer to drought wants to insure complete control over our hard earned money. The liquid filthy poison needs to dry up never to rehydrate. She is a satanic, sardonic, socialistic sociopath!

  6. IMO! KUNG FLU VIRUS WAS CREATED BY demoRACIST,soros,china,un, deepstate,media..etc! The dems struck a deal w/china years ago w/their bs trade agreement so that “THEY”(not AMERICA) can “ALL” prosper, (“THAT PRES. TRUMP WILL STOP!”) Tarriffs put on them was interfering w/”THEIR”(NOT AMERICA)take..The start of “DELUSIONAL COLLUSION” and phony impeachment (“COUP”) BOTH found PRES TRUMP “NOT GUILTY!” Today: “KUNGFLU” virus to be used by “THEM”(not AMERICA)to murder(GENOCIDE)millions of the baby boomer population(most likely vote REPUBLICAN)to regain/TURN AMERICA INTO SOCIALIST/COMMUNISM/NAZI/demoRACIST DICTATORSHIP!

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