The Biden administration is planning to develop a central bank digital currency, or digital dollar.

The administration says it would help “reinforce the U.S. role as a leader in the world financial system.”

After President Biden issued an executive order in March calling on a variety of agencies to look at ways to regulate digital assets, the agencies came up with nine reports, covering cryptocurrency impacts on financial markets, the environment, innovation and other elements of the economic system.

Treasury Secretary Janet Yellen said one recommendation is that the U.S. “advance policy and technical work on a potential central bank digital currency, or CBDC, so that the United States is prepared if CBDC is determined to be in the national interest.”

“Right now, some aspects of our current payment system are too slow or too expensive,” Yellen said on a Thursday call with reporters discussing the findings of the reports.

Central bank digital currencies are different from from existing digital money available to the general public, such as the balance in a bank account, because they would be a direct liability of the Federal Reserve, not a commercial bank.

According to the Atlantic Council nonpartisan think tank, over 100 countries representing more than 95% of global gross domestic product already are exploring or have created a central bank digital currency. The council found that the U.S. and the U.K. are “far behind” in creating a digital dollar or its equivalent.

All countries are following the same plan that master leader Klaus Schwab has orchestrated. Understand his agenda and you will begin to see it everywhere. 

Nobody elected this man.

The elites all work together.

Do you recall voting for a digital currency? Nope! 

Little did Americans know, when they voted for President Biden’s Big Back Better agenda, which is entirely based off of Klaus Schwab’s agenda who and what they were actually voting for…

“What the Fourth Industrial Revolution will lead to is a fusion of our physical, our digital, and our biological identities” — Klaus Schwab, WEF, 2019

“The Great Reset” is Klaus Schwab’s agenda. The recent p*ndem*c was the reset.

His book is available for purchase. 

The biggest transfer of wealth hapened during the p*ndem*c.

The rich managed to get richer, and now most of the world is in poverty, living paycheck to paycheck, and struggling financially.

What a coincidence! 

“We are on the brink of a dramatic change; we are about to abandon the traditional system of money and replace it with a new one, Digital Blockchain CBDC, which will give us greater clarity over every single transaction.” – Pippa Malmagren.