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Turley Talks

Ep. 1980 Central Bank Digital Currency Gets BANNED by House GOP!!!

Turley Talks

podcast@turleytalks.com

News, Daily News, Politics, News Commentary

4.81.3K Ratings

🗓️ 21 September 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary

We’ve got some breaking news in the pernicious realm of CBDCs, or central bank digital currencies; we’re going to take a look at the huge development and what it means for our economic freedom moving forward.

Highlights:

  • “It started with a sweeping executive order from the Biden Administration and now central banks are even hiring for their development. Well, if this congressional bill has anything to say about it, those days are over!”
  • “Life chances involve your access to employment, to education opportunities, to finances, to banking, and the like; and the key here is that central bank digital currencies are absolutely crucial to controlling your life chances, and controlling life chances is crucial to controlling your impact on the environment! So that’s where CBDCs fit into this overall Orwellian scheme that the WEF and tyrannical technocrats have for our world!”


Timestamps:

[03:04] The House Financial Services Committee has passed a bill that officially bans the Federal Reserve from creating a CBDC
[03:40] What is Central Bank Digital Currency Anti-Surveillance State Act
[05:44] CBDC in relation to ESG

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Transcript

Click on a timestamp to play from that location

0:00.0

Are we seeing the revitalization of conservative civilization, all over the world has been a massive backlash against globalization, its leftist leadership, and its anti-cultural liberal values, and it's just the beginning.

0:19.0

I'm Dr. Steve Turley. I believe the liberal globalist world is at its brink, and a new conservative age is rising.

0:26.0

Join me every day as we examine these worldwide trends, discover answers to today's toughest challenges, and together learn to live in the present in light of even better things to come.

0:38.0

This is Turley Talks.

0:49.0

It's going to be back in the people's house, where house Republicans are ready to continue delivering on our promises to the American people.

0:56.0

One important aspect of our common sense agenda is actually protecting Americans' financial privacy, particularly when it pertains to this lawless administrative state.

1:08.0

This is why I reintroduced a bill yesterday called the Central Bank Digital Currency Anti-Surveillance State Act, which puts a check on unelected bureaucrats and ensures that the United States' digital currency policy upholds our values of privacy, individual sovereignty, and free market competitiveness.

1:27.0

Recent actions from the Biden administration have made it clear that they are not only itching to create a digital dollar, but they're willing to trade Americans' right to financial privacy for a surveillance style CBDC.

1:41.0

This bill ensures the future of crypto is in the hands of the American people, not the administrative state, by prohibiting the Federal Reserve from creating a tool with unfettered insight into Americans' financial data.

1:55.0

If not open, permissionless, and private, like cash, a CBDC is nothing more than a CCP-style surveillance tool that can be weaponized to oppress the American way of life.

2:08.0

We're not going to let that happen, not on house Republicans watch, and I want to thank the Financial Services Committee for considering our bill this month, and we're going to continue working to ensure that the digital economy is designed by Americans and emulates American value.

2:23.0

We got some breaking news in the pernicious realm of CBDCs or central bank digital currencies.

2:30.0

We're going to take a look at the huge development, and what it means for our economic freedom moving forward.

2:36.0

You're going to absolutely love this one. Hey gang, it's me, Dr. Steve, your patron professor here to help you think better so you can feel better in these crazy and increasingly authoritarian times.

2:47.0

So if you haven't already done so, you know what to do. Make sure to smack that bell and subscribe.

2:51.0

And also speaking of authoritarian, please share this video with friends and family.

2:55.0

We are once again being suppressed by big tech, so I need your help to get the hopeful message of this channel out to as many people as possible.

3:03.0

And I thank you so much for that.

3:04.0

It's just been announced that the House Financial Services Committee has indeed just passed a bill that officially bans the Federal Reserve from creating a central bank digital currency or CBDC.

3:16.0

As many of you know, with the autocratic Biden administration, things have been developing and alarmingly rap that pays with regard to the development of CBDCs.

3:26.0

It started with a sweeping executive order from the Biden administration and now central banks are reportedly even hiring for their development.

3:34.0

Well, if this congressional bill has anything to say about it, those days are officially over.

...

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