RFK Jr. and Donald Trump Both Vow to Stop the Fed From Issuing US Central Bank Digital Currency if Elected

U.S. statesmanlike candidates Robert F. Kennedy Jr. (RFK Jr.) and Donald Trump person independently promised the American radical to halt the instauration of a cardinal slope integer currency (CBDC) successful the U.S. if elected President. “I volition support Americans from authorities tyranny,” Trump said, adding that a CBDC “would beryllium a unsafe menace to freedom.” Kennedy likewise warned that a integer dollar “will let the authorities to surveil each our backstage fiscal affairs.”

Donald Trump and Robert F. Kennedy Jr. Both Vow to Stop CBDC Creation if Elected

U.S. statesmanlike candidates Donald Trump and Robert F. Kennedy Jr. (RFK Jr.) person independently voiced beardown absorption to the instauration of a cardinal slope integer currency (CBDC) successful the U.S.

Kennedy posted connected societal media level X past week that helium has been discussing fiscal state successful the 21st period with Dr. Joseph Mercola, an osteopathic doc and best-selling author. The statesmanlike hopeful promised: “As president, I volition extremity the efforts to determination toward a CBDC.”

Dr. Joseph @Mercola and I sermon fiscal state successful the 21st century. As president, I volition extremity the efforts to determination toward a CBDC. #Kennedy24 pic.twitter.com/gao3D1HAeM

— Robert F. Kennedy Jr (@RobertKennedyJr) January 24, 2024

In October past year, Kennedy promised that if helium is elected President of the United States, helium volition “make definite that bitcoin is protected, that radical tin support their ain wallets, that the existent White House warfare connected bitcoin volition beryllium over, that transactions volition beryllium protected and encouraged.”

RFK Jr. besides antecedently stated that “Cryptocurrencies similar bitcoin springiness the nationalist an flight way from the splatter portion erstwhile this bubble invariably bursts,” emphasizing: “We should beryllium wary since CBDCs are the eventual mechanisms for societal surveillance and control.” He cautioned: “While currency transactions are anonymous, a CBDC volition let the authorities to surveil each our backstage fiscal affairs. The cardinal slope volition person the powerfulness to enforce dollar limits connected our transactions restricting wherever you tin nonstop money, wherever you tin walk it, and erstwhile wealth expires.”

Similarly, erstwhile U.S. President Donald Trump made a promise to the American radical during a caller rally that arsenic President, helium volition ne'er let the instauration of a integer dollar. “I volition support Americans from authorities tyranny,” helium exclaimed, adding that a cardinal slope integer currency would springiness the national authorities “absolute power implicit your money.” Trump stressed:

This would beryllium a unsafe menace to freedom, and I volition halt it from coming to America.

The erstwhile U.S. president credited Vivek Ramaswamy for bringing the information of CBDCs to his attention. Ramaswamy, a erstwhile statesmanlike candidate, precocious exited the contention and threw his enactment down Trump. Following Trump’s CBDC statement, Rep. Tom Emmer (R-MN) said helium looks guardant to moving with Trump to stop the Fed from creating a CBDC.

Despite the buzz surrounding cardinal slope integer currencies, the Federal Reserve remains acold from launching its ain CBDC. Fed Chair Jerome Powell stated successful September past twelvemonth that nary determination has been reached connected a integer dollar, and it won’t travel for “at slightest a mates of years.”

What bash you deliberation astir Donald Trump and Robert F. Kennedy Jr. vowing to halt the instauration of a cardinal slope integer currency successful the U.S.? Let america cognize successful the comments conception below.