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Dan Bongino. Welcome to the Bongino brief. I'm Dan Bongino. What have we been worried

about Joe since you and I were doing the podcast only back in my basement to burn a park?

Ladies and gentlemen, a US digital currency would be an abomination. You want to create

a surveillance state tomorrow and put the United States government in charge of a digital

currency. In other words, a cashless economy. In other words, the United States government

would likely have access to your purchase history and could control it. Well, what could

they also do? They could also devalue the amount of money you have in a bank immediately

by making interest rates negative, which I've warned you about repeatedly. Why would they

make interest rates negative? Because the United States would love nothing more than the

devalue its money. Why would it want to devalue its money? Because the United States owes

about 30 trillion dollars. If the United States devalues its money, which negative interest

rates would do, they would make the money worth less. It would also make the debt worth less.

It's called monetizing the debt. You can look it up anywhere on the internet. The United

States left this and swampy Republicans have been eager to destroy the value of our currency

for a long time because it'll make it easier to pay back the 30 trillion dollars we owe,

which we can't pay back now. Well, what's the problem with negative interest rates? If negative

...