Independent presidential candidate Robert F. Kennedy Jr. is warning that central bank digital currencies (CBDCs) pave the way for an authoritarian government in America similar to the Chinese communist regime.
“The government used facial recognition systems and other intrusive technologies to identify the participants, all the truckers. They got their license plates, etc. And then they froze their bank accounts. So they couldn’t get diesel for their trucks, they couldn’t buy food for their kids, they couldn’t pay for their education, they couldn’t pay their mortgages.”
A trucker told Mr. Kennedy that he was going to jail for being unable to pay his alimony. “It occurred to me that transactional freedom is as important as freedom of the press. If you have freedom of speech in the First Amendment, and yet when you exercise that speech, the government doesn’t like it, they can starve you to death, they can throw you out of your home because you can’t pay your mortgage or your rent, then that is meaningless.”
Transactional freedom is “absolutely critical” for freedom of speech to exist, he said. “If we get a central bank digital currency, they’d do what they do in China.”
Read full article from The Epoch Times.
Photo by Gage Skidmore, CC BY-SA 2.0 DEED
Stopping Socialism is a project of The Heartland Institute and The Henry Dearborn Center for Human Rights, a nonprofit association of professionals and scholars.