In the grand chessboard of global finance, a new piece has emerged: Central Bank Digital Currencies (CBDCs). Proposed as a digital alternative to physical cash, CBDCs promise convenience and efficiency, but scratch beneath the surface, and you’ll find a web of deceit spun by those who seek to control every aspect of our lives. This article aims to shed light on the historical context of statism, the motivations behind the push for CBDCs, and the dire consequences that may follow if we fail to resist this encroachment on our freedoms.
Historical Context: The Rise of Statism
Statism, the belief in a strong central government, has been on the rise since the advent of the modern nation-state. From the progressive era to the Great Depression, from the New Deal to the Great Society, governments have expanded their reach, promising security and prosperity at the expense of individual liberty (Higgs, 2004).
CBDCs are not a departure from this trend but rather its culmination. They represent the next step in the government’s quest for total control, this time over our money and, by extension, our lives.
The Motivations Behind CBDCs
- Total Surveillance: CBDCs would allow governments to track every transaction in real-time, eliminating privacy and enabling unprecedented surveillance. This is a dream come true for authoritarian regimes and big brother enthusiasts alike (Morris, 2020).
- Control and Manipulation: With CBDCs, central banks could manipulate interest rates, enforce negative rates, and even control who can spend what and when. This would give them unparalleled power to shape the economy and society according to their whims (Barrdear & Kumhof, 2016).
- Elimination of Cash: CBDCs would pave the way for the elimination of physical cash, further marginalizing the unbanked and underbanked, and making it easier for governments to impose capital controls and confiscate savings (Lutz, 2021).
The Dire Consequences of CBDCs
- Loss of Privacy: CBDCs would spell the end of financial privacy, turning every transaction into a matter of public record. This would have chilling effects on free speech, political dissent, and personal autonomy (Morris, 2020).
- Economic Control: With CBDCs, governments could dictate economic outcomes, punishing certain behaviors and rewarding others. This would stifle innovation, discourage risk-taking, and lead to a stagnant, centrally planned economy (Barrdear & Kumhof, 2016).
- Dependant Society: By controlling money and dictating economic outcomes, governments could create a society of dependents, eroding self-reliance and personal responsibility (Higgs, 2004).
Resisting the CBDC Agenda
Resisting CBDCs requires a multi-pronged approach:
- Educate Yourself: Learn about the dangers of CBDCs and share your knowledge with others. Websites like NaturalNews.com and Brighteon.AI offer valuable insights into this topic.
- Demand Transparency: Push for open, democratic debates about CBDCs. Demand that governments and central banks be transparent about their plans and motivations.
- Protect Your Savings: Diversify your savings into assets that cannot be manipulated or confiscated by governments, such as gold and silver.
- Support Alternatives: Support decentralized, private alternatives to CBDCs, such as cryptocurrencies and local currencies.
Prayer
Dear Lord, grant us the wisdom to see through the deceptions of this world, the courage to resist tyranny, and the strength to stand up for truth and liberty. Help us to protect our financial freedom and to preserve the dignity of every human being. In Jesus’ name, we pray. Amen.
Sources
- Barrdear, J., & Kumhof, M. (2016). The Macroeconomics of Central Bank Cryptocurrencies. Bank of England Working Paper No. 605.
- Higgs, R. (2004). Against Leviathan: Government Power and a Free Society. Ludwig von Mises Institute.
- Lutz, J. (2021). The War on Cash: How Bankers’ Campaign to Erase Currency is Robbing Us All. William Morrow.
- Morris, D. (2020). The Panopticon is Already Here. The New York Times.
In Truth and Mercy,
God bless you,
T
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