US Treasury recommends exploring creation of a digital dollar

The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar. Administration officials say it’d help reinforce the U.S. role as a leader in the world financial system.

US Treasury recommends exploring creation of a digital dollar

H/T: PFYT2

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A digital dollar would allow Americans to directly open up an account at the Fed

And while some have suggested that the Fed could potentially launch a digital dollar on a public network like Ethereum, Luther suspects that it would instead choose to launch on its own dedicated blockchain.

“A public blockchain would limit the government’s ability to control access and monitor transactions. I am not convinced it will give up control and oversight, even if doing so would be in the best interest of society.”

Fed’s Powell: a U.S. digital dollar could help maintain international primacy

The development of an official digital version of the U.S. dollar could help safeguard its global dominance as other countries issue their own, Fed Chair Jerome Powell said on Friday, weighing in with generally positive remarks on a hot-button topic at the central bank that has left policymakers divided.

Ten countries have already launched central bank digital currencies and another 105 countries are exploring the option, according to the Atlantic Council, leading to fears the dollar could lose some of its dominance to China.

Rep. Massie Tears Apart Buttigieg’s Argument That Electric Cars Would Save Americans Money

“The more pain we are all experiencing from the high price of gas, the more benefit there is for those who can access afford electric vehicles,” [Pete] Buttigieg

Rep. Massie Tears Apart Buttigieg’s Argument That Electric Cars Would Save Americans Money

Related:

Pete Buttigieg says ‘pain’ of high gas prices increases ‘benefit’ for electric car owners — and then denies he said it

Pete Buttigieg smugly says OUR pain at the pump is THEIR gain with electric vehicles and pisses EVERYONE off – even the Left (watch)

Disinformation Board: Leaked Documents Expose Agenda Behind DHS ‘Ministry of Truth’

New leaked documents from Biden’s struggling Department of Homeland Security reveal its failed plan to use its now defunct “Disinformation Governance Board”, intended to be led by a crazed 33 yr-old partisan activist, Nina Jankowicz, as a tool to direct social media platforms to remove any posts which government operatives deemed false, and to “enforce an agenda” by controlling speech across a range of controversial topics including election fraud, COVID, vaccines, Russia and Ukraine.

Disinformation Board: Leaked Documents Expose Agenda Behind DHS ‘Ministry of Truth’

Another Terrible Choice for Biden’s “Disinformation Board”

By Lev Golinkin | May 27, 2022

Michael Chertoff’s experience detaining Muslim Americans, justifying CIA torture, and helping to draft the Patriot Act make him an all-too-appropriate choice to advise this Orwellian agency.

Another Terrible Choice for Biden’s “Disinformation Board”

H/T: It’s NOT a joke, Biden’s Ministry of Truth just got WORSE | Redacted with Clayton Morris on YouTube.

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Who’s propaganda?! 👇

“I have a greater respect for the American people than you do. I think the American people can figure out the truth,” the senator said. “And if you think the American people need to be told there’s not fentanyl in the vaccination, feel free to say it. But the thing is, is if you are going to go around saying that you’re the arbiter of information and of disinformation, I think you have no clue. And you don’t have the perspective of history knowing that disinformation, the largest progenitor of disinformation in our history, has probably been the U.S. government.”

“Do you know, the greatest propagator of disinformation in the history of the world is? The U.S. government,” Paul said. “Are you familiar with McNamara? The Pentagon Papers? Are you familiar with George W. Bush and the weapons of mass destruction? Are you familiar with Iran-contra?”

“I mean, think of all the debates and disputes we’ve had over the last 50 years in our country,” Paul continued. “We worked them out by debating them. We don’t work them out by the government being the arbiter. I don’t want guardrails. I want you to have nothing to do with speech. You think we can’t determine, you know, speech by traffickers is disinformation. Do you think the American people are so stupid they need you to tell them what the truth is? You can’t even admit what the truth is with the Steele dossier. I don’t trust government to figure out what the truth is. Government is largely disseminating disinformation.”

Rand Paul grills Mayorkas on disinformation: ‘I don’t trust government to figure out what the truth is’