[JB] is rapidly advancing plans to eliminate physical cash and establish the groundwork to ensure that Americans cannot own their own money.

The White House and the Federal Reserve, under [JB]’s orders, have started developing a central bank-controlled digital currency. This programmable, trackable, easily manipulated digital dollar would render physical money obsolete. While this might sound like something from a dystopian science-fiction novel, it is all too real and could soon change life in America forever.

In March 2022, the Biden administration released a sweeping executive order that directed numerous federal agencies to crack down on digital assets, including popular cryptocurrencies. The order also ordered the Fed to study the potential development of a central bank digital currency (CBDC).

Although a CBDC is often termed a “digital dollar,” it would not be a digital version of the existing paper-based dollar. Rather, a CBDC would be an entirely new currency that would exist exclusively in an electronic, non-physical form.

The administration announced the completion of the CBDC reports in September 2022. Although it did not officially propose a CBDC following the release of the reports, it did announce that it had developed “policy objectives” for a U.S. CBDC system. Biden also directed the leadership of the National Economic Council, National Security Council, Office of Science and Technology Policy, and the Treasury Department to “meet regularly” with the Federal Reserve to further design a potential CBDC.

Since September, the administration has worked tirelessly – and quietly – to advance the creation of a CBDC. Various working groups have been coordinating efforts with non-government groups. Under the various CBDC proposals floated by the Biden administration and Federal Reserve, a U.S. CBDC would be programmable, traceable, and designed to promote various left-wing social goals. The CBDC system would also be designed to advance the green agenda by pushing the public into helping with “transitioning to a net-zero emissions economy and improving environmental justice.”

Unlike with decentralized cryptocurrencies, such as Bitcoin, every transaction made using a CBDC could be easily traced to individual users by financial institutions, government agents, and/or the Federal Reserve. Additionally, because a CBDC would be digital and programmable, rules could be imposed that limit spending on approved activities.

Since physical cash would be obsolete, people would have no other options to make purchases. In another example, the government could monitor a person’s spending to calculate their “carbon footprint” and then issue directly deducted fines or apply spending caps.

The Biden administration’s plans to ensure that the public no longer owns money under most of the CBDC designs discussed by the Biden administration and Federal Reserve. Only large institutions such as banks, the federal government, and/or the Federal Reserve would actually have ownership of CBDCs. Everyone else would be prevented from having absolute control over their digital money.

Under the current system, when you deposit money into a checking or savings account at a bank, you immediately cease to own the money. The cash becomes the property of the bank. Although the bank is required to return the money you provided to it at your request, the cash ultimately belongs to the bank until you remove the money from your deposit account. Under the CBDCs’ proposed system, there would be no way for you to physically take CBDCs out of a depository account, store them privately, own them directly, or use them without being surveilled by a large institution.

The Biden administration has directly acknowledged that it and the Federal Reserve are now considering a future where you don’t own CBDCs. In a 2022 report about CBDCs, the Treasury Department stated,

“There are two general architectures for CBDC intermediation: (1) a single-tier (i.e., direct) CBDC with the central bank, and (2) a two-tier CBDC where intermediaries (potentially banks or nonbank financial intermediaries) would onboard and manage payments while the central bank records account balances.”

In other words, there is no scenario in which you would be able to store your digital money in a local hard drive or private storage account.

All of your money would be kept by a bank or the Federal Reserve directly, which means they would own all of your CBDC money.

Regardless of where your CBDCs are held, it’s likely the federal government would have access to data about your purchases and other information – a design choice CBDC supporters say is necessary so that officials can limit criminal activity.

The only significant privacy questions that remain in the minds of those who support CBDCs are about the extent of the data collection.

For example, Biden’s under-secretary for domestic finance, Nellie Liang, explained in a March 2022 speech about CBDCs that “one way of reconciling privacy with illicit finance concerns in a retail CBDC might be to have a tiered structure in which less data are collected for small dollar transactions or small volume accounts.”

Note that Liang says “less data” “might” be collected for small dollar accounts.

She doesn’t say no data will be collected.

If a programmable CBDC is rolled out in the near future, you won’t own money and you’ll have very little privacy, if any at all.

That’s great news for those who advocate for bigger government and want more power for large financial institutions.

It's done; central banks have given up. They know the dollar is facing existential threats!

At first, they didn’t think it would happen. After all, inflation was thought to be dead, but, as Wealth Research Group, has shown, hedge fund billionaires were wise to do this.

On April 22nd, 2019, four years ago, Businessweek published a piece called "The Death of Equities" just like in 1979 right before the greatest bull market in world history, making it the ultimate contrarian indicator.

Inflation is alive and well, so much so that central banks have waved the white flag and are ending their rate hike cycles while knowing that inflation is still well above the arbitrary 2.00% goal they've set where they state the economies function at their best.

WW3 has begun (in lower orbit)

Central Bank Digital Currencies – End of Privacy as We know it!

Christine Lagarde, one of the most influential women in finance, has recently given a speech where she hinted that what central banks should consider doing next is raising their inflation targets.

When I said that this is probably what's going to occur, people said that the FED and other major central banks can't afford to do that, but I argued that they can't afford NOT TO.

The right way to think about it is to say that if the FED would raise the target to 2.5% or 3.0%, it wouldn't look so incompetent when CPI data consistently comes in at 4.0%. The Saudis betrayal and their close relationship with China will keep inflation HIGH, as you can see in this MUST-READ report!

What does the future hold, then?

Because China's labor pool is shrinking, Russia's cheap oil and gas have gone away, and globalization has peaked, the Western World must increase its capacity to manufacture and produce, and that is a process that takes about 4-5 years.

What I think will happen is interest rates will continue to remain above 3.5% on the FED funds rate until such a time the CPI numbers consistently stay below that.

American businesses will have to serve consumers much more than at any other time during the past 40 years because multinationals will struggle to meet demand and keep prices low.

By 2027 or 2028, and certainly by 2029 when the millennials have fully joined the working class as peak earners in the age range of 35-49, we will be behind the inflationary boom.

In the next 4-6 years in the meantime, inflation will be higher by definition.

If you're thinking about how to safely navigate this environment, know these facts:

• Labor shortage: there is absolutely a major decline in the number of participants in the pool of workers, and you are more valuable today than at any point in the past 50 years.

Don't underestimate how important your skills are to the workforce. Keep in mind your bargaining power with your employer assuming you are an over-deliverer that’s devoted to advancing in your profession.

Your day has come.

• In a world that deters growth by raising interest rates and pinning them to the upper end of the range, cash is important.

While inflation is running at 6%-10% in real terms, real estate and stocks might fall by 20%-30% in real terms, offering an opportunity to liquid investors.

If the FED capitulates and raises the inflation target, anything and everything will be repriced.

ATTENTION: APRIL / MAY 2023 Offer : Become a paying member today! The paying systems is working Now to pay for 3 or 6 Months. Pay today and Get some Perks! like to get a 1 on 1 call with Ashtar <3 Proportional to your Donation / Tips / Sponsorship for instance if You pay or donate:

$15 You'd get a 15 minutes call with Ashtar

$30 You'd get a 30 minutes call with Ashtar

$50 You'd get a 50 minutes call with Ashtar

$75 You'd get a 75 minutes call with Ashtar
Including a Course to Help You Heal by Activating and Clearing your Chakras therefore feel much better + more

Help me ~ Help You Today!

at

https://ashtar.locals.com/support