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Fed's 'Digital Dollar' Idea Has Frightening Implications For Privacy And Freedom | What's Ahead

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Forbes

Forbes

Күн бұрын

Steve Forbes warns against the Federal Reserve's possible Central Bank Digital Currency initiative.
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Пікірлер: 711
@SH-jg5zq
@SH-jg5zq Жыл бұрын
NO to digital dollar 😱😱😱
@Ofelas1
@Ofelas1 Жыл бұрын
CDBC without any backing is a G7 issue, the BRICS+ will have a backing
@richardyoung9024
@richardyoung9024 4 ай бұрын
The digital currency must not go forward! It is an invasion of our privacy.
@tireehall161
@tireehall161 Жыл бұрын
Come on people let's Come together And make congress ban CBDC'S IN THIS COUNTRY! We shouldn't allow this to happen period
@ericjones3920
@ericjones3920 Жыл бұрын
This is so dangerous for one thief to have this much power over the people's money.
@soslow4109
@soslow4109 Жыл бұрын
It's time to get these people out if politics. Now is the time for all good men to come to the aid of their country.
@srfdude72891
@srfdude72891 Жыл бұрын
The Federal Reserve is a private, non-govt entity. Changing out the politicians won’t do a damn thing. Our only hope is if these politicians actually do their job as representatives of the public, and create congressional laws and amendments to rein in the feds’ control, and or abolish it altogether.
@edwinedwards6796
@edwinedwards6796 Жыл бұрын
Would the federal gov and or congress be affect also?
@jaiborroto
@jaiborroto 6 ай бұрын
The wheels have been forged and are in motion, and there is little we, the few, can do to change it. There would have to be a United movement. We just do not have a vote in the matter and will be convinced it is for our safety. Meanwhile bitcoins and other digital currencies will be openly available to those in power and they will be able to purchase from peer to peer privately.
@lolawalsh9187
@lolawalsh9187 Жыл бұрын
Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world” - Henry Kissinger
@gamerthumbbs
@gamerthumbbs Жыл бұрын
Jewish people
@Lorne.StormTracker_Hayden
@Lorne.StormTracker_Hayden Жыл бұрын
French President Añtichrist Emmänuel Māçron, make Europe a superpower. Rev 13. It is the UN Paris Sustainable development goals Agenda 2030-7= Mid 2023 Rapture. The 7 Year Jacob's trouble Russia(Magog)Turkey(Meschech) Algeria (Put) Iran(Persia) Sudan(cush) Ezekial 38 and 39 War.
@mariacuerva955
@mariacuerva955 7 ай бұрын
Diabólico plan!. Has to be destroyed
@8lifeisamovie8
@8lifeisamovie8 3 ай бұрын
but there was a life when people produced for themselves, because they knew how to do it, and they existed without electricity... it was difficult to get them under the yoke... then I think someone came along who didn't like it, that people were independent... :)
@freonsp
@freonsp 4 күн бұрын
yup that was Klaus Schwabb's mentor too lol
@adelinosantos5211
@adelinosantos5211 Жыл бұрын
That would be the end of freedom. It scares me and most of the people. God help us.
@elizabethjones1973
@elizabethjones1973 Жыл бұрын
I feel like we are in the twilight zone. Digital currency seems like a no-brainer NO to me. But so do other happenings these days. Why would humans go along with this type of government control? Unreal
@BestdaughtereverEver
@BestdaughtereverEver Жыл бұрын
Something needs to be done now, to prevent it happening. I dont want govt control over our money.
@frederickmineo1983
@frederickmineo1983 Жыл бұрын
They have always wanted One World Order
@M_K171
@M_K171 11 ай бұрын
I hope we don’t go along with it
@frederickmineo1983
@frederickmineo1983 11 ай бұрын
@@M_K171 I’m a veteran brother! They won’t 👊
@DAVEBROWNE2004
@DAVEBROWNE2004 7 ай бұрын
Ask Klaus Schwab, he can explain his vision of the future for mankind.
@SLAUSONGIRL
@SLAUSONGIRL Жыл бұрын
I cant believe Forbes took this tone. We should be very alarmed at what’s to come.
@Ofelas1
@Ofelas1 Жыл бұрын
He and his publications continue to give star status to many techies that are working on the CBDC and ecosystem.
@jamess.2649
@jamess.2649 Жыл бұрын
Cbdc is a massive power grab. Terrifying
@bostonbakedbean
@bostonbakedbean Жыл бұрын
It's called "SLAVERY". Which I was under the impression was abolished a long time ago.
@a.johnson2259
@a.johnson2259 Жыл бұрын
SLAVERY was never abolished. It was just converted into a much more efficient machine. With a massive increase in manpower. Since we as a country were and to a degree still divided. We find ourselves here. On the verge of defeat.
@Yeshua-is-my-savior
@Yeshua-is-my-savior Жыл бұрын
It's the rollout of the Mark of the Beast .
@KosmikGawdess
@KosmikGawdess Жыл бұрын
It never ended...just went under the name "employment" and became an all inclusive thing.
@everhappy6312
@everhappy6312 Жыл бұрын
Slavery never ended. We are all modern slaves to the elites.
@natashanonnattive4818
@natashanonnattive4818 4 ай бұрын
Stop using their system the work number, driver license and registration for voting. It's not our gov. The US GOV is a copycat phony gov. Our government was not created by us. They don't obey us, we are not their creators. Use your original birth certificate for a EIN # & 98SERIES series trust for recording your private property and a Passport for ID. Rescind the old us citizenship
@dianabraley8307
@dianabraley8307 Жыл бұрын
It feels like money will become easy to steal, hack, and transfer to others. I’m not a fan of this. And the idea that money would expire? Hello? If I want to hoard my money and not use it - I should not be forced to spend it.
@candace27co
@candace27co Жыл бұрын
Facts
@sharobb6904
@sharobb6904 8 ай бұрын
The money will EXPIRE?! So no SAVINGS?
@LondonCryptoNetwork
@LondonCryptoNetwork Жыл бұрын
Absolutely correct. CBDCs are the end of our financial freedom and will have a devastating affect on the unbanked - the complete opposite affect of bitcoin. Well done for speaking the truth Mr Forbes!
@Ofelas1
@Ofelas1 Жыл бұрын
Forbes list of tech stars , how many are working on CBDCs?
@Naris48
@Naris48 Жыл бұрын
No, this entire report is completely false. FedNow is NOT a CBDC nor a "digital dollar", it is a funds transfer service like the existing ACH and FedWire services.
@harrystraub
@harrystraub Жыл бұрын
Did the London English Network mean "Effect".
@wesleyp3024
@wesleyp3024 Жыл бұрын
it would not be devastating to the unbanked. the central bank would become the "only" bank. and everyone would get a bank account at birth with a assigned bank account tied to your ID. every last penny would have a digital ID and the ability to be tracked in real time and for its lifetime. they would know where "your" penny went if someone stole it and who had it. no money could ever be created or destroyed in this system without the federal bank doing it. there would be no such thing as "unbanked" ever again. your ID would be your bank account.
@Naris48
@Naris48 Жыл бұрын
@@wesleyp3024 No, banks having access to instantaneous transfers would not only not be "devastating to the unbanked" it would not affect them whatsoever. What you described does not exist.
@suddenlyitcame1829
@suddenlyitcame1829 Жыл бұрын
Revelation 13:17 “And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.”💡
@WWEFans5
@WWEFans5 Жыл бұрын
What happens 15 years from now when it's just easier to put a chip under your skin that holds all of your personal electronic data? Very slippery slope indeed...
@TheNeighborNicky
@TheNeighborNicky Жыл бұрын
You're crazy if you think that's going to be in 15 years. Its coming way sooner than you think.
@dixieblonde2208
@dixieblonde2208 Жыл бұрын
Yes this is beginning of the end of our life as we know it , The last days that the Bible speaks about ! Of course Biden wants this !
@ludwig6332
@ludwig6332 Жыл бұрын
Mark of the Beast 2023.
@patrickedison2097
@patrickedison2097 Жыл бұрын
The Swedish have already done that and they are already doing that now
@jennyhumphries8824
@jennyhumphries8824 Жыл бұрын
Oh no the mark of the beast
@rudeawakening3833
@rudeawakening3833 Жыл бұрын
WHY IS A GREAT AMERICAN LIKE MR . FORBES NOT ON EVERY TV CHANNEL AND SOCIAL MEDIA AND EDUCATING THE MASSES ?????
@peterwright837
@peterwright837 Жыл бұрын
Because he’s a crank
@rudeawakening3833
@rudeawakening3833 Жыл бұрын
He - like the great Tucker Carlson , speaks the truth !
@YumegakaMurakumo
@YumegakaMurakumo Жыл бұрын
We as a nation have stood up to tyranny. And the time to do it again is NOW at hand. Are we going to be sitting ducks in comfort and complacency come July 1st?
@michaelk1840
@michaelk1840 Жыл бұрын
This is a bad idea, they can control what you buy or do, they can take your money without your consent, they can charge you a fee every time you purchase something
@questionablelifechoice3762
@questionablelifechoice3762 Жыл бұрын
You could call that fee, sales tax.
@MyManMeli
@MyManMeli Жыл бұрын
Lol gotteem
@steveleach4973
@steveleach4973 Жыл бұрын
They can and they will!
@Irishanels
@Irishanels Жыл бұрын
@@steveleach4973 we also can do something and will do it.
@greendesertgoddess
@greendesertgoddess Жыл бұрын
Which is what Costco, Sam's Club & Walmart are about to do. Surcharges and fees are totally legal . . . nickel and diming the public . . . because there are many more poor than wealthy . . .
@JakeHunter2010
@JakeHunter2010 Жыл бұрын
Totalitarian control 🪙
@ronrathey5464
@ronrathey5464 Жыл бұрын
Why isn't more people concerned about the digital currency move.
@rodniegsm1575
@rodniegsm1575 4 ай бұрын
The gitital currency will make it possible for Western nations to have unlimited money based on air just like the dollar. And make it possible for Western billionairs , intaligent agencies, and so one to hide money better and steal from others
@dominiclarosa6731
@dominiclarosa6731 3 ай бұрын
Because they still trust the TV News & think News Channels are all separated owners.
@mensrea1251
@mensrea1251 2 ай бұрын
Because it’s a non issue. Did you know your every purchase and movement every single minute is already being tracked? It’s called credit cards and smartphones. Stop worrying about meteors when you should be worried about crossing the street which is far more dangerous.
@texasoutlook60
@texasoutlook60 5 күн бұрын
So why did this nation shut down because of the plandemic? Why did thousands get vaccinated? Why were people silenced who what to wait for more scientific research?
@Krthaspecialist
@Krthaspecialist Жыл бұрын
When did we vote on this madness?
@georgew.5639
@georgew.5639 Жыл бұрын
It’s going to happen. It’s been prophesied about in the Bible. It’s happening. It will be connected with the mark of the beast. And without it you will not buy or sell anything period.
@Lorne.StormTracker_Hayden
@Lorne.StormTracker_Hayden Жыл бұрын
The horn rising beast Macron of France EU over the Abrahamic Accords and Netanyahu meetings and Abbas and the NWO AGENDA 2030 Paris Accords to 1.5°C Emmanuel Macron runs the EU international outreach mostly. Central Bank Digital Currency rolling out everywhere for the Global digital currency the WEF has a Global digital payment system to track and control you left behind. The UN partnership in the Paris Agreement goals!
@filmaker256
@filmaker256 Жыл бұрын
you think it's funny but it wont be it's irresponsible
@albertaman6390
@albertaman6390 Жыл бұрын
ONLY for the zombies.........I WILL NOT SUBMIT TO TYRANTS..
@Thatmeee11
@Thatmeee11 Жыл бұрын
Exactly what I said
@Lerita-nc5wb
@Lerita-nc5wb Жыл бұрын
Hello...you are correct the Bible is right and true and this will happen. I am so glad Jesus is my Saviour and soon the Rapture of the church happen.....Amen 😊
@sandikennelly1357
@sandikennelly1357 Жыл бұрын
Thank you for speaking the truth. That’s hard to find these days.
@1Thes418
@1Thes418 Жыл бұрын
“And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast” Rev 13:16-17
@brandonhopkins5448
@brandonhopkins5448 Жыл бұрын
This is when I quit working and live off the land
@randywl8925
@randywl8925 Жыл бұрын
The scary thing to me is I don't know if there's anyway to stop this from happening. I think it's starting out slow and will at some point turn into a steamroller.
@patrickbennett439
@patrickbennett439 Жыл бұрын
Its just the mark of the beast. Its just that thing that God told us about. I cant wait. That means I wont have to be here for it. That means Gods coming back for his people.
@shaqtus101
@shaqtus101 10 ай бұрын
Agreed. This hasn’t taken me surprise since the Bible literally talks about this. I agree it is exciting because we know the season has changed and FAST. Next thing to watch for is a rising leader in the Middle East that is elected to unite all nations.
@user-tl9cs1ds2l
@user-tl9cs1ds2l 10 ай бұрын
There is absolutely 0% chance of stopping this because there is a massive Global liquidity shortage that is going to wreck the global economy they know it's coming it was always a coming I hate to tell you for all the faults of digital currency your Fiat money is just as bad
@gracepeace4563
@gracepeace4563 10 ай бұрын
@@patrickbennett439 AMEN !
@paulremnantone1102
@paulremnantone1102 9 ай бұрын
⁠@@patrickbennett439God is coming back! We don’t know when! A prudent man will get ready and prepare for what the Bible says will happen. The Bible doesn’t say don’t prepare!
@HioSSilver1999
@HioSSilver1999 Жыл бұрын
Most people use digital money now. What do you think is going on with direct deposit, swipping you card every where you go. That's all digital money....you aren't using cash.
@alanserjeant4947
@alanserjeant4947 4 ай бұрын
But you have the option. With CBDC's --- You Won't.
@kaylaharrop7639
@kaylaharrop7639 Жыл бұрын
India's economy crashed in 2016 when they implemented digital currency. Nigeria quite literally forced their population into it, saying the current notes were no longer valid. Do not let them control your dollar
@gaylabryant6988
@gaylabryant6988 Жыл бұрын
What is your suggestion to stop it?
@charles9571
@charles9571 10 ай бұрын
​@@gaylabryant69882A
@charlesayers6214
@charlesayers6214 9 ай бұрын
There is nothing you can do to stop it. Unless people united together and created our own currency. Being the federal reserve isn't owned by out govt but by a private group. Granted they will try to kill you if you successfully create a currency
@reefread1234
@reefread1234 7 ай бұрын
Do what they do get, assets
@RifleJockey365
@RifleJockey365 3 ай бұрын
​@reefread1234 that's not going to work, one of the policy will be to tax people with more than one asset of property etc.... you will be forced to sell. And they buyer will be no other than the FED or the elite. .......
@elundrusmagee7915
@elundrusmagee7915 Жыл бұрын
These people are so evil on so many levels,they want to control every aspect of human life. come lord Jesus come, we are really living in the end times
@KevinInPhoenix
@KevinInPhoenix Жыл бұрын
Since bad money drives out the good, CBDC would displace and replace cash over time. It is not hard to imagine that the dollar and CBDC would start out at parity with the dollar being rapidly devalued. Personal debts would be transferred to CBDC while personal assets would be kept in dollars. Government debts would stay in dollars which would be inflated away. It looks like a scheme to eliminate government debts and destroy personal assets.
@brooklynn52dee38
@brooklynn52dee38 Жыл бұрын
Kevin in Phoenix Thanks for your opinion on this matter!
@user-qk2fc1sy3z
@user-qk2fc1sy3z Жыл бұрын
you will own nothing, and be happy
@rouano1
@rouano1 Жыл бұрын
The government already can't be trusted...our privacy and freedom are infinitely more important than any advantages they tout for a digital dollar.
@Commievn
@Commievn Жыл бұрын
It is a classic way to make the rich pays. You will own nothing and be happy.
@yileydidelgado6244
@yileydidelgado6244 Жыл бұрын
@@Commievn do you envy rich people?? Guess what?? What they have they earned it
@DavidGarcia-vs7gn
@DavidGarcia-vs7gn Жыл бұрын
I agree.. digital currency is a excuse for control..
@DanielGonzalez-up2rj
@DanielGonzalez-up2rj 9 ай бұрын
* ....is an excuse for control. the 'a' comes before a word that begins with a vowel so therefore use 'an' instead of 'a'
@DavidGarcia-vs7gn
@DavidGarcia-vs7gn 9 ай бұрын
@@DanielGonzalez-up2rjTHREE WORDS.. F DIGITAL CURRENCY!!!
@martensonlee8815
@martensonlee8815 Жыл бұрын
Maybe the feds need to disappear ! Go away! There are times over ?
@lothean2099
@lothean2099 11 ай бұрын
Money only has the value we put into it. Some places will still prefer paper, or create their own currency.
@AmisSaenz
@AmisSaenz 10 ай бұрын
Thank you for this much needed information.
@_Gwuapo
@_Gwuapo Жыл бұрын
If just happened, now we why they killed off the cashapp guy
@candace27co
@candace27co Жыл бұрын
I just made a huge post about that on Facebook
@aspiringvoiceactor645
@aspiringvoiceactor645 Жыл бұрын
Just like they did with JFK
@ceesno9955
@ceesno9955 Жыл бұрын
Cashed out
@richardlewis4159
@richardlewis4159 Жыл бұрын
Thank you Mr. Forbes for your candor and integrity. If congress had any respect for the representative process instead of avoiding the issue they would be debating the creation and use of CBDC and in a functioning system the media would report those debates. I have repeatedly asked every member of the Kentucky congressional delegation if they support or oppose a digital currency and have had no response! In my view programmable digital currency should be forbidden and the use of digital currency should require the lengthy and difficult process of amending the US constitution through the states!
@vanpenguin22
@vanpenguin22 Жыл бұрын
Thank you, Mr. Forbes. To your awareness, is there any kind of movement afoot to derail this executive order?
@jeffmarshall5269
@jeffmarshall5269 Жыл бұрын
Article 1 Section 10 of US Constitution....nothing but Gold and Silver.....dont want the gov controlling your money ?? Silver is the way.
@Roylamx
@Roylamx Жыл бұрын
No, not yet, Ron Paul tried to end the Fed, but the Banksters have too much power. It will be a while before the People realize what has happened to them, but they will wake up at some point then we will finally be able to restore sound money and constitutional government.
@tireehall161
@tireehall161 Жыл бұрын
If there's a movement to derail this i'm in!
@queenophiuca4999
@queenophiuca4999 Жыл бұрын
It's called BCH, XMR and ETH
@vanpenguin22
@vanpenguin22 Жыл бұрын
@@queenophiuca4999 I don't know if this makes me ignorant, but, Can I trouble you to Spell out what those stand for?
@faithenichols6947
@faithenichols6947 Жыл бұрын
It's up to us not to accept it.
@tonidantonio9877
@tonidantonio9877 Жыл бұрын
Wow seriously, about time they realised this.
@mizmilz6153
@mizmilz6153 Жыл бұрын
No on CBDC Cash is King
@danyoung6594
@danyoung6594 Жыл бұрын
Thanks for explaining this corrupt system
@KingDarkBlaze
@KingDarkBlaze Жыл бұрын
It’s very concerning with this hackers,system crashes,control over money you worked for will cause so much damage ppl will pretty much have no rights an be told when, how , an where they can spend their own money like asking them permission to spend money it’s just pure disaster waiting to happen.
@filmaker256
@filmaker256 Жыл бұрын
and your info can continue to be sold on a daily basis to data brokers . Write to your represenatives to stop this
@rouano1
@rouano1 Жыл бұрын
It a dystopian nightmare
@AnnieGrace777
@AnnieGrace777 Жыл бұрын
Barry Smith, from NZ, wrote about this in late 1980's. And here we are........
@janetdavis4724
@janetdavis4724 Жыл бұрын
It can be stopped if people stick together
@DISP-CEPTED
@DISP-CEPTED Жыл бұрын
Amazing how this is flying under the radar.
@discipleofchrist7894
@discipleofchrist7894 Жыл бұрын
This is the mark of the beast where you can’t buy or sell with out it! Knowledge is power
@happinesswatts
@happinesswatts Жыл бұрын
Point on. Sad. I am.only worried for great grandkids. I be probably dead and gone. Beast satanic people. I don't think it's this government t issue eventually whoever sits there will take the beast 666 someday.
@chrisiman2406
@chrisiman2406 Жыл бұрын
It's sad that most are not cognizant of this. And even sadder that many Christians will go along with this and worship the beast out of not wishing to be left out, from having a lively hood. But this was told to the world two thousand year's ago. And the scriptures are there for them to read and understand today. Let their sins be on their own heads.
@happinesswatts
@happinesswatts Жыл бұрын
One thing I am sure. In whoever reign as president t at one point I was expecting this. They with DL to have a star and now this. Government anywhere in world is the biggest beast 666. Time is coming we won't be able to like she said buy or do anything if you don't have this don't have that. I might long gone and dead. But our kids grand kids OH God protect them
@gaylabryant6988
@gaylabryant6988 Жыл бұрын
@@chrisiman2406 What are we supposed to do? I see everyone talking about it "going along with it", but what are we to do?
@chrisiman2406
@chrisiman2406 Жыл бұрын
@@gaylabryant6988 ..Put your faith in our Lord as you were commanded. The Lord will provide for and protect some of us. But do not think that he will provide manna or quail as he had done for those taken out of Egyptian captivity. Keep your lamps ready and sufficient oil to light your way as in the story of the ten virgin's (Matthew 25. 1-4) Christian's today are told and believe that God will protect and lead them through tribulation. Tell that to the millions of Christians who've died through history in their faith and belief. From the Romans to the Spanish Inquisition to the Holocaust and to recent times. They were unmercifully tortured and murdered. All while holding on to their faith to get them through this. God is great. But do not think that you will not have to endure suffering and tribulation. Yeshua (Jesus) was quite clear in this. Read the scriptures and understand. Mankind is always perverting His word's. We are not to confirm to the world. We are told that you cannot live God and be in the world. This decision is yours to make only. Seek the truth for yourself. It's not a difficult dilemma for you if your heart guides you.
@alexewing935
@alexewing935 Жыл бұрын
We'll lose control of our money & confidentiality!
@candace27co
@candace27co Жыл бұрын
Yes it's coming if we don't stand together and put a stop to this. The crime rate will sky rocket
@Yeshua-is-my-savior
@Yeshua-is-my-savior Жыл бұрын
This isn't about money it's about so much more .the number of his name is 666
@777Bviews
@777Bviews Жыл бұрын
Will I be able to access my money if the power goes out or if the Wi-Fi is down?
@cristjin1083
@cristjin1083 Жыл бұрын
doubt it
@filmaker256
@filmaker256 Жыл бұрын
NO
@Yeshua-is-my-savior
@Yeshua-is-my-savior Жыл бұрын
Yes the verichip microchip they plan on using has built in wifi in them ..true story
@karenwilliams6861
@karenwilliams6861 Жыл бұрын
I totally agree with you sir!!
@dalidazee5695
@dalidazee5695 10 ай бұрын
Thank you for truth!
@adelinosantos5211
@adelinosantos5211 Жыл бұрын
Thank you Mr. Forbes.
@a.l.f5033
@a.l.f5033 Жыл бұрын
But are they going to move toward getting rid of paper money and coins? We going to have to go back to how they used to do it when everyone had money in their walls and mattresses.
@specialstone9153
@specialstone9153 Жыл бұрын
Find better places, and gey healthy seeds and soil, learn jar canning, pray, fight back.
@ravenfeaster5821
@ravenfeaster5821 Жыл бұрын
This is frightening! I am to old for this!!!! Your right!
@mikedc
@mikedc Жыл бұрын
Trump2024
@rosa9079
@rosa9079 Жыл бұрын
Remember what the Canadian govt did to the trucker protestors.
@CobraPR893
@CobraPR893 11 ай бұрын
What can we do if both parties are in favor of the CBDC? Oligarchs are stealing from the workers and giving to the rich. US debt $158 trillion and currently to pay $1 trillion a year in interests.
@infocrypt
@infocrypt Жыл бұрын
Digital dollar will be the end of US dollar as global reserve currency. Global reserves are already down to 60%, and when it’s digitized, that share will drop to peanuts.
@rouano1
@rouano1 Жыл бұрын
The US dollar is already being dropped as a reserve currency. And yes the digital dollar should absolutely not be allowed to happen.
@Eyota567
@Eyota567 Жыл бұрын
Our dollar is worthless now. Others aren’t accepting it in other countries!!
@theresearchguystl
@theresearchguystl Жыл бұрын
NO TO CBDC!!
@michaelfred8848
@michaelfred8848 Жыл бұрын
You’re great Steve, any time I see you on TV I stop whatever I’m doing and listen to you.Thank you😊
@davidgollinger7376
@davidgollinger7376 Жыл бұрын
I agree one hundred percent. Plus it allows the fed to continue making money although digital. Easy way to make debt disappear . I refuse to use digital dollars the mark of the beast
@rnettles6241
@rnettles6241 Жыл бұрын
...And you thought getting kicked off Twitter or Facebook was bad; Say the politically incorrect thing now, or mistake someone's preferred pronoun, and your life savings is gone with the click of a mouse.
@arkitectoor
@arkitectoor 11 ай бұрын
The ability to do illegal transactions based on cash will go away. It can also be used to fight illegal immigration.
@asifjavedcloud
@asifjavedcloud Жыл бұрын
Agree with everything he said, but just to add... It's another reason foreign countries with forex dollar reserves holdings will be getting nervous as their old fashioned dollars might become worthless over night some day.
@KyleKalevra
@KyleKalevra Жыл бұрын
More about this, please
@oneofmanyvessels554
@oneofmanyvessels554 Жыл бұрын
This is all true, and this video only mentions the dangers from a secular viewpoint. If we look at from a biblical standpoint, it gets worse.
@candace27co
@candace27co Жыл бұрын
Stock up in food,water and ammo. Gonna need it
@KissayaK
@KissayaK Жыл бұрын
Absolutely 👌🏼
@hawhee
@hawhee Жыл бұрын
Mr. Forbes is spot on.
@MartinSage
@MartinSage 10 ай бұрын
I , like many, am scared at allowing the fed total instant access to MY MONEY. Ie. I had a $500 tax refund coming. The state franchise board took my money with no details as to why. All it said in the letter was I could dispute the attachment. Have you ever tried to get money from any government entity? I once overpaid the VA $100 for dental work. They agreed they owed me and it's been "in the system " for years awaiting approval. I waited 6 yrs to get my VA back pay (which they finally did pay to the tune of $100,000). If they mistakenly take your $$$$j good luck getting it back 😢soon!
@Akuma_Raou
@Akuma_Raou Жыл бұрын
1)Guys, take a lesson from China before you believe you have something. In China, a digital currency was introduced. They have capped the maximum amount that can be in bank accounts and given many of the initial beta test roll-outs an expiration date. 2)Since China pioneered the concept of digital currency, the UK, the United States, and Canada are all striving to follow suit. 3)When your money keeps running out at a specific time and day after you just received your paycheck, how are you supposed to conserve money?
@131kimber
@131kimber Жыл бұрын
I'm wondering besides privacy, security & controlled buying for unwanted behavior concerns, if inflation and/or deflation will be factored automatically ... if say the dollar's market value is really hmm 15 cents per dollar - does the digital currency then recalculate its value in your account - so that say $10, 000.00 would instantly become $1,500? A dollar bill stays a dollar bill even if it buys less, the value of the digital dollar however seems to be what something else decides. And how YOU use your money also something someone else decides.
@lnm7276
@lnm7276 Жыл бұрын
What are all True Americans going to do about the slow python choking of their Nation?
@freedomunedited6836
@freedomunedited6836 Жыл бұрын
Grab the knife
@TheGggg321123
@TheGggg321123 Жыл бұрын
It’s already around our necks, the Boomers were the last hope of righting the ship…
@benren7305
@benren7305 Жыл бұрын
Probably nothing they're cowards
@bobbalouie1303
@bobbalouie1303 5 ай бұрын
The worst part will be them limiting how much you can spend on like gasoline and travel.
@roywimsett2880
@roywimsett2880 Жыл бұрын
Well they always sayed the Devil was going to bring this on to us. And that's looking like Biden..
@TheGggg321123
@TheGggg321123 Жыл бұрын
No the digital dollar has been in the works since before bitcoin was released.
@Lorne.StormTracker_Hayden
@Lorne.StormTracker_Hayden Жыл бұрын
It's the UN 2030 Liberal World Order Climate, Central Bank Digital Currencies World Economic Forum Klaus Schwab. WW3 for the time of Israel borders invasion from Gog and Magog Russia, Iran( Persia) and others EZEKIAL 38 39 war 2030-7= Mid 2023
@rouano1
@rouano1 Жыл бұрын
@@TheGggg321123 and it needs to be stopped in its tracks...
@nhanha7433
@nhanha7433 11 ай бұрын
Our security must strong in other not to lost the saving. Most of us did not keep monies at home.
@Panda_Laconia
@Panda_Laconia 17 күн бұрын
Whew, why is this not on the radar screen
@MotoGiant
@MotoGiant Жыл бұрын
Please get Steve a decent teleprompter?
@darkinetix
@darkinetix Жыл бұрын
Bwahaha
@karenfreeman1601
@karenfreeman1601 Жыл бұрын
This is active. I had a transaction denied Five times because of the amount of monies required. They wanted validation of request necessities. Pick a stock any stock.
@edoliver4255
@edoliver4255 Жыл бұрын
Accountability frightens the 1% and corporations.
@ericencina209
@ericencina209 Жыл бұрын
THE LEGAL TENDER PAPER CASH MONEY OR EVEN BANK MONEY MUST NOT BE ELIMINATED, WHILE, MAYBE, DIGITAL CURRENCY MUST ONLY BE AN OPTION FOR THOSE WHO PREFER TO USE IT, BUT MUST NOT BE IMPOSED TO HUMANITY FOR VARIOUS REASONS AND PROPAGANDA AND THREATS, ETC.
@Richard-go7jr
@Richard-go7jr Жыл бұрын
If your Republican they can silence you
@rouano1
@rouano1 Жыл бұрын
they're already doing that...a digital dollar will make it infinitely worse though
@Walker_Bulldog
@Walker_Bulldog Жыл бұрын
They could control political donations.
@m.lewizz3297
@m.lewizz3297 Жыл бұрын
Do you think it matters what party … that’s a farce for the masses they are all one
@andymcintosh2796
@andymcintosh2796 11 ай бұрын
Absolutely agree with you. Thank you for your insight and no bull Approach
@bettycapps
@bettycapps 7 ай бұрын
This is an invasion of privacy. Isn’t there a law against that? Their reasoning for it bogus! This needs to be shut down immediately.
@tinamedeiros9488
@tinamedeiros9488 7 ай бұрын
I agree with Mr. Forbes.
@montanagal6958
@montanagal6958 Жыл бұрын
And we all just witnessed the honesty with "the numbers"...
@roxannebennett5809
@roxannebennett5809 Жыл бұрын
I work for a bunch of banks and credit unions, and everybody is switching to digital banking. They never specified what the difference is between this and the regular banking.
@hornet224
@hornet224 Жыл бұрын
The biggest advantage of CBDC by the government is that they can create or remove cash without limits at any time on anyone's account. No printing press required. The dollar bill will be obsolete.
@janetdavis4724
@janetdavis4724 Жыл бұрын
Please don’t bring it here
@gabriellec7845
@gabriellec7845 Жыл бұрын
When they get the masses to comply they will be implementing the mark of the beast soon after
@christyreece4032
@christyreece4032 9 ай бұрын
Yeah you're right 👍 absolutely yes
@renecordova3113
@renecordova3113 Жыл бұрын
I'm sick of these people in Congress trying to tell me what's best for me and my money
@anthonyrez7000
@anthonyrez7000 Жыл бұрын
This was the plan all along 95% of the dollar is already cashless.
@grimm3319
@grimm3319 Жыл бұрын
Great video
@Americanboy1954
@Americanboy1954 3 ай бұрын
The US Constitution says all money will be in precious metals.
@joshuaehl1481
@joshuaehl1481 Жыл бұрын
Yours is basically what everyone with an economic and historical understanding has come to believe so I pretty much agree. Now I have to figure out how to protect against. it.
@Walker_Bulldog
@Walker_Bulldog Жыл бұрын
We need to keep economic activity anonymous.
@Really377
@Really377 Жыл бұрын
The government is already overstepping, they want to know everything.
@armandalparson423
@armandalparson423 Жыл бұрын
What can the commoners do? I don't want this!
@mariakristinahawl1640
@mariakristinahawl1640 Жыл бұрын
Two former presidents in our history have made the comment of the idea for government control of people's money... those 2 people met the same fate. Know who I'm talking about?
@Kat-rl3ie
@Kat-rl3ie 28 күн бұрын
On paper, or on computer, you can spend like the government wants you too, using CBDC. Then use bartering for the things you do not want government to know about. Steve Forbes does not want government knowing how he gets out of paying full taxes.
@rapierstorm213
@rapierstorm213 Жыл бұрын
Thanks Forbes👍
@nhanha7433
@nhanha7433 Жыл бұрын
What shinning we have
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