Maxine Waters Pushing For Chinese Style Digital Currency
Even stupid people will understand this is bad
Amidst record inflation, global economic instability, and large portions of Americans reporting that they deeply distrust their government, some lawmakers are taking advantage of this opportunity to pounce and seize more control of our day-to-day lives.
One particularly insidious idea gaining steam is the completely digital dollar.
According to an exclusive interview with The Wall Street Journal, a bipartisan group of legislators led by Rep. Maxine Waters (D-CA) (yes, her) are continuing to lobby the Federal Reserve to advocate for the creation of a digital dollar in order to compete with China’s digital yuan, which they claim will threaten the dollar’s standing as the global reserve currency.