When Barack Obama was in the White House and Democrats controlled Congress for his first two years in office, they passed a bill dubbed \u201cObamacare\u201d that was the first step toward giving federal government bureaucrats complete control over Americans\u2019 health care.<\/p>\n
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Since all Americans require medical care during their lives, the move was seen by critics as the ultimate authoritarian move; after all, if the government controls all healthcare decisions, tyrannical government bureaucrats could then begin to dictate behaviors and reward or punish people based on behavior.<\/p>\n
<\/p>\n
Now, the government is attempting yet another major authoritarian move: The creation of a \u201cdigital currency\u201d with the endgame objective being to control behaviors through \u201cprogrammable\u201d money that can influence and\/or block certain spending habits.<\/p>\n
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\u201cThe Federal Reserve Bank of New York\u2019s Innovation Center, or NYIC, announced that it would be launching a 12-week proof-of-concept pilot for a central bank digital currency, or CBDC,\u201d Coin Telegraph reported this week.<\/p>\n
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The outlet continued: \u201cIn a Nov. 15 announcement, the New York Fed said the program would explore the feasibility of an \u2018interoperable network of central bank wholesale digital money and commercial bank digital money operating on a shared multi-entity distributed ledger\u2019 on a regulated liability network. Banking giants including BNY Mellon, Citi, HSBC, Mastercard, PNC Bank, TD Bank, Truist, U.S. Bank and Wells Fargo will be participating in the pilot by issuing tokens and settling transactions through simulated central bank reserves.\u201d<\/p>\n
Read more at: www.naturalnews.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" When Barack Obama was in the White House and Democrats controlled Congress for his first two years in office, they passed a bill dubbed \u201cObamacare\u201d that was the first step toward giving federal government bureaucrats complete control over Americans\u2019 health care. Since all Americans require medical care during their lives, the move was seen … Continue reading Federal Reserve set to introduce privacy-crushing digital currency that can be \u2018controlled\u2019 and \u2018programmed\u2019 by government bureaucrats<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":21346,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[18],"tags":[],"class_list":["post-21614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-warning"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-content\/uploads\/2022\/09\/warning-300x100-300x100-1.jpg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8fAkI-5CC","_links":{"self":[{"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/posts\/21614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/comments?post=21614"}],"version-history":[{"count":1,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/posts\/21614\/revisions"}],"predecessor-version":[{"id":21615,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/posts\/21614\/revisions\/21615"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/media\/21346"}],"wp:attachment":[{"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/media?parent=21614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/categories?post=21614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/setapartbytruth.org\/wordpress-watchman\/wp-json\/wp\/v2\/tags?post=21614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}