CBDCs aren’t coming. [Altucher Confidential] July 17, 2023 [WEBSITE]( | [UNSUBSCRIBE]( The bottom line is CBDCs would create massive opportunities for social control that the worst tyrants in history would have envied. [Hero_Image] You Could Be Next Tiny AI Stock Targeted For Buyout Deal? [A massive buyout alert has just been issued]( on a tiny AI company that could skyrocket in the coming months, weeks, even days. And according to James Altucher, a man who has made millions of dollars on these kinds of deals… This could be a once in a lifetime opportunity for you to make a fortune. He’s revealing all of the details in the video below (including a leaked memo from Google). [Click here to learn more]( You can watch it by [clicking here](. [Chris Campbell] CHRIS
CAMPBELL Dear Reader, CBDCs aren’t coming. In a way, they’re already here. Last Friday, I outlined the big differences between CBDCs and cryptocurrencies. Namely, that crypto provides credible neutrality… the same thing that cash provides. CBDCs are different. They aren’t meant for neutrality. Far from it. Today, as promised, we invite our colleague Jim Rickards to talk about CBDCs and the dark vision of the future of money. Before we go there, though… Live From Pentagon City Inflation… war… recession… supply chain shocks… Much of what’s happening was foretold over a decade ago by Jim in his bestselling book, Currency Wars. Tomorrow, Jim’s going live with new predictions. A quick reminder: Jim’s broadcasting LIVE from Pentagon City tomorrow, July 18th, at 6:45 PM EST. You should’ve already received an invitation with the [full details]( and the [clearance request form](. You should’ve also received [Jim’s three briefings]( in your inbox. Clicking the link above automatically registers you for Jim’s Urgent Pentagon City Announcement, but does not obligate you in any way to attend the event. By reserving your spot, you will receive event updates. We will not share your email address with anyone. And you can opt out at any time. [Privacy Policy.]( [ALC] If not? [Click here to reserve your spot]( and get full access. Clicking the link above automatically registers you for Jim’s Urgent Pentagon City Announcement, but does not obligate you in any way to attend the event. By reserving your spot, you will receive event updates. We will not share your email address with anyone. And you can opt out at any time. [Privacy Policy.]( And read on. Biden Admin Furious Over This New âAlternativeâ Currency Take a close look at this photo: [Click here to learn more]( [What you see here is a new “alternative” currency that’s taking America by storm…]( One which could ruin Biden’s CBDC plans. It’s already popping across the nation… including Utah, New Hampshire and Nevada. [If you’re worried about Biden Bucks then you must watch this short 2-minute video where Jim Rickards breaks down how this “alternative” currency works…]( You Could Be Next Jim Rickards [Jim Rickards] JIM
RICKARDS Certain establishment types consider my ideas extreme. They accuse me of being a conspiracy theorist or some kind of kook, way outside the boundaries of acceptable consensus. That’s fine, I expect that. If you threaten powerful interests, you can expect that they’ll try to discredit you. The fact is people are conditioned to accept whatever the authorities tell them. It’s a powerful urge that actually goes back to evolutionary biology. If you challenge what the authorities say, you become a threat to group cohesiveness, and, therefore, a threat to group survival. In that vein, I’ve been warning my readers for over a year about the dangers of central bank digital currencies (CBDCs) that are being rolled out by central banks around the world. In the U.S., I’ve called them “Biden Bucks.” I’ve warned that they could quite possibly lead to a total surveillance state in which the government can track your every purchase — and regulate the most minute aspects of your life. Total Control CBDCs are programmable. They allow central banks (or regulated commercial banks) to monitor your purchases. In conjunction with artificial intelligence (AI), purchases and other uses of money (charitable contributions, political contributions, travel, etc.) can create a profile that identifies you as an enemy of the people as described by the government. CBDCs can be used to freeze your account, require you to spend money at the risk of confiscation in the form of a “fiscal penalty” or to impose withholding tax on professionals and independent contractors who are not currently subject to withholding. Your “Biden Bucks” could also be made to stop working at the gas pump once you’ve purchased a certain amount of gasoline in a week. Or you could be banned from buying a steak at the grocery store if you’ve exceeded your weekly quota of meat consumption. An ad might then pop up on your phone suggesting you try the latest “meatless” meat alternative. How’s that for control? Financial Apartheid Biden Bucks can also allow the creation of a segregated society based on wealth. If you’re in a higher income bracket, for example, you might have to pay more for the products you buy than someone in a lower income bracket. “Hey, you can afford to pay $10 for a gallon of milk, while the other guy can’t. Why should he have to pay the same price as you? That’s unfair. So guess what? If you want that gallon of milk, it’s going to cost you $10.” That could apply to any product. And you can be sure that in many cases, “the wealthy” would really mean the middle class. Or if the government decides you have too much money, it could reduce the amount of interest you receive on your money in the bank. This is the kind of world that Biden Bucks opens up. The bottom line is CBDCs would create massive opportunities for social control that the worst tyrants in history would have envied. That’s why these globalist elites are so enamored of them. It explains why they’re pursuing them so aggressively — even if nations must change their constitutions to accommodate them. Change the Constitution! Here’s an excerpt from a recent Bank for International Settlements (BIS) report, which it produced in conjunction with seven leading central banks, including the Fed: Legislation may need to be enacted or adjusted to specifically authorize the issuance and distribution of a retail CBDC (e.g. changes to central bank charters/statutes, legislation in other areas related to payments or to the constitution itself). Of course, mainstream news outlets have tried to discredit me as I raise these concerns. For example, The Associated Press tried to “fact-check” me, claiming that my warnings about government control were paranoid. But as I’ve recently pointed out, even the general manager of the BIS, which is known as the “central bank of central banks,” has admitted that CBDCs would give central banks “absolute control” of everyone’s money — and the “technology to enforce that.” But maybe you think that all this is years away, that you don’t have to worry about it right now. Well, think again. We don’t have to wait until then to see how this works in practice. Government control of bank accounts to attack political enemies is already here. And So It Begins Nigel Farage is a popular U.K. politician and public figure. He was a member of the European Parliament and leader of the U.K. Independence Party (UKIP). Farage is best known as the leader of the Brexit movement that successfully led the U.K. to exit from the EU following a referendum to leave in June 2016. There can be little doubt that Farage is popular among U.K. voters and despised by the U.K. political elite. Recently, the elites had their revenge. His bank notified him that his accounts were being closed and he had a deadline to remove his funds. He then spent weeks trying to open new accounts at other U.K. banks. He was refused time and time again. Clearly this was an orchestrated attack on his financial freedom. It’s practically impossible to live in a developed economy without access to bank accounts, credit cards, debit cards, savings instruments and the cluster of modern financial services offered through the banking system. At the end of the day, Farage may have to leave the U.K. and move elsewhere in order to establish banking accounts. That would suit the U.K. elites just fine. They want to force Farage out of the country. But this isn’t just a story about Nigel Farage. It’s about elites and their plans to stifle dissenters who oppose their globalist agenda. This is a warning shot. You Could Be Next If they can do this to Farage, they will do it to you if you oppose them on issues like climate, globalization or immigration. Here in the U.S., it can include issues such as gun control or election integrity. Or if you support the wrong political candidates like Donald Trump, they could target you. As far as globalists are concerned, everyday people cannot be trusted to make the right decisions on these fundamental issues. They also can’t be trusted to vote for the “proper” political candidates. Such decisions should be placed beyond democratic control to the greatest extent possible, globalists believe. To globalists, the moral arc of the universe bends in one direction, and that’s toward increasing globalization. Populism and protectionism are therefore moral evils that must be condemned. Freezing their enemies out of the banking and financial system is a powerful tool elites can use to punish their enemies and deter dissent. And when CBDCs arise, it will be easier than ever. Get ready. Best, [Jim Rickards] Jim Rickards
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