Trump Kills CBDC in Executive Order, Rep. Massie and Sen. Mike Lee Introduce Law to Abolish Deep State Federal Reserve

[munkle]

This news could not be better. Trump and true MAGA are taking aim at the heart of the power of the Blackrock Deep State, the bastards who brought you COVID, 9/11, dozens of gun-grab false flag, endless wars, and everything possible to chain you with a biometric digital ID linked to your bank account if you don't behave. Trump may not entirely understand these things but Massie, Rand Paul, and Ron Paul do. Not to mention Bobby Jr. Looks like Trump is trying to understand who tried to kill him, and where their power comes from. The first place it comes from is the Fed, run by the globalist World Economic Forum bankers who have declared war on you and want most of us dead. With AI and robotics there is no need for us anymore. Now we are just polluting their view.

Tell your RINOs to get behind this or else. It may not stand a chance of passing this year but Trump has found the soft spot of these globalists. KEEP HAMMERING. This is better than the Epstein list. These big bankers are all on it.


Rep. Massie Introduces Federal Reserve Board Abolition Act to "End the Fed"

Washington, D.C.-, March 5, 2025
“The Federal Reserve Board Abolition Act was first introduced by former Representative Ron Paul (R-TX) in 1999 and hasn’t been reintroduced since 2013. In addition to introducing this legislation to “End the Fed,” Rep. Massie has also introduced H.R. 24, the Federal Reserve Transparency Act of 2025 to audit the Federal Reserve. H.R. 24 was originally introduced by former Representative Ron Paul (R-TX) in 2009,” according to a press release from Massie’s office.

The Act will abolish the Board of Governors of the Federal Reserve System and liquidate all assets to return to the taxpayer. It also repeals the Federal Reserve Act, the 1913 law that created the Federal Reserve, effective one year after the bill is signed into law.

Read the full bill here."




The Real Target of Trump’s Crypto Strategy is the Federal Reserve - ProMarket
The Real Target of Trump’s Crypto Strategy is the Federal Reserve


BY IGNAZIO ANGELONI
February 24, 2025

"The United States President has halted plans for a central bank digital currency: a mere show of strength to undermine the Fed’s independence, writes Ignazio Angeloni.

This post originally published with Institute for European Policymaking @ Bocconi University.

---

Among the many executive orders signed by President Donald Trump in recent days, one promises to bring about a revolution in an area we did not expect the new president to be interested in: the payments system. It is worth understanding its content, as it is also relevant to us.

First and foremost, the order delivers the final blow to the so-called central bank digital currency (CBDC), also known as digital cash; its creation and circulation are now banned in the United States.

Additionally, it initiates a legislative process aimed at making the US nothing less than “the crypto capital of the planet” (a promise Trump himself made last year while seeking votes from Bitcoin operators).

More importantly, a careful reading reveals that beneath the technical surface, the document conceals an inherently political objective: an attack on one of the last independent powers still standing in the United States—the central bank, the Federal Reserve."

 

[P F Tinmore]

The constitution gives congress the authority to create our own money. This is at no cost. There is no money to pay back and no interest to pay.

So then, why do we borrow money to be repaid with interest?

 

[kyzr]

The constitution gives congress the authority to create our own money. This is at no cost. There is no money to pay back and no interest to pay. So then, why do we borrow money to be repaid with interest?

Because we want our money to have value, and not need to wheelbarrow billions of "dollars" around to buy a loaf of bread.
Google Weimar Republic.

Hyperinflation in the Weimar Republic - Wikipedia

en.wikipedia.org

 

[P F Tinmore]

Because we want our money to have value, and not need to wheelbarrow billions of "dollars" around to buy a loaf of bread.
Google Weimar Republic.

Hyperinflation in the Weimar Republic - Wikipedia

en.wikipedia.org

That ducks the question.

 

[sparky]

Isn't this why JFK was shot?......~S~

 

[Nobody911]

●Economic Implications of Trump's Executive Order and Federal Reserve Legislation●

Impact of Banning CBDCs: President Trump's executive order banning the establishment of a Central Bank Digital Currency (CBDC) is significant for the U.S. economy. By preventing the Federal Reserve from creating a CBDC, the order aims to protect consumer privacy and limit government oversight of individual transactions. However, this move could also hinder the U.S.'s ability to compete with other nations, particularly China and European countries, which are advancing their own CBDC initiatives. As a result, the U.S. risks falling behind in the global digital currency landscape, potentially affecting its economic influence and innovation in financial technology.

Legislation to Abolish the Federal Reserve: The introduction of legislation to abolish the Federal Reserve by Rep. Massie and Sen. Lee reflects a growing sentiment among some lawmakers that the Fed's policies contribute to economic instability, such as inflation and unchecked government spending. If successful, this legislation could lead to significant changes in monetary policy and financial regulation. Critics argue that dismantling the Fed could create uncertainty in financial markets, disrupt the banking system, and lead to a lack of coordinated monetary policy, which could exacerbate economic volatility.

Broader Economic Consequences: The combination of these actions could lead to a more fragmented financial system, where alternative currencies and payment systems gain traction without the backing of a central authority. This could foster innovation but also increase risks associated with financial stability and consumer protection. Additionally, the perception of the Federal Reserve as part of a "deep state" could undermine public trust in financial institutions and government policies, potentially leading to reduced investment and economic growth.

In sum, Trump's executive order and the proposed legislation to abolish the Federal Reserve could have profound implications for the U.S. economy, affecting everything from consumer privacy and competition in digital currencies to overall financial stability and trust in economic institutions.

●Consumer Responses to Recent Economic Actions●

Concerns Over Privacy and Control: Many consumers have expressed relief regarding Trump's executive order banning a Central Bank Digital Currency (CBDC). The primary concern among these consumers is the potential for increased government surveillance and control over personal financial transactions. By preventing the Federal Reserve from implementing a CBDC, consumers feel that their financial privacy is better protected, as a CBDC could allow for real-time monitoring of spending habits and financial activities.

Skepticism Towards the Federal Reserve: The proposed legislation to abolish the Federal Reserve has also garnered mixed reactions. Some consumers, particularly those who are skeptical of centralized financial institutions, view this as a positive step towards reducing what they perceive as an unaccountable "deep state" entity. They believe that dismantling the Federal Reserve could lead to a more transparent and accountable financial system. However, others express concern that abolishing the Fed could lead to economic instability, fearing that it might disrupt monetary policy and lead to unpredictable consequences for inflation and interest rates.

Interest in Alternative Financial Solutions: As discussions around CBDCs and the Federal Reserve evolve, there is a growing interest among consumers in alternative financial solutions, such as cryptocurrencies and decentralized finance (DeFi) platforms. Many consumers are exploring these options as they seek more control over their finances and a hedge against traditional banking systems. This shift reflects a broader trend towards financial independence and innovation in the financial sector.

Overall Sentiment: In sum, consumer responses to Trump's executive order and the proposed legislation to abolish the Federal Reserve are largely shaped by concerns over privacy, skepticism towards centralized financial institutions, and a growing interest in alternative financial solutions. While some consumers welcome these changes as a means to protect their financial autonomy, others remain cautious about the potential economic implications of such significant shifts in monetary policy.

sources:
1. Lee Introduces Bill Making Trump Ban on Central Bank Digital Currency Permanent
2. Breaking the Bank: Sen. Lee Introduces Bill to Abolish the Federal Reserve

 

[sparky]

~S~

 

[kyzr]

That ducks the question.

Congress created the Federal Reserve and central banking system to manage the money supply.
So Congress can't just print money.

Federal Reserve Act​

Law created the Federal Reserve System, the central banking system of the United States
The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913. The law created the Federal Reserve System, the central banking system of the United States

 

[Independent thinker]

This news could not be better. Trump and true MAGA are taking aim at the heart of the power of the Blackrock Deep State, the bastards who brought you COVID, 9/11, dozens of gun-grab false flag, endless wars, and everything possible to chain you with a biometric digital ID linked to your bank account if you don't behave. Trump may not entirely understand these things but Massie, Rand Paul, and Ron Paul do. Not to mention Bobby Jr. Looks like Trump is trying to understand who tried to kill him, and where their power comes from. The first place it comes from is the Fed, run by the globalist World Economic Forum bankers who have declared war on you and want most of us dead. With AI and robotics there is no need for us anymore. Now we are just polluting their view.

Tell your RINOs to get behind this or else. It may not stand a chance of passing this year but Trump has found the soft spot of these globalists. KEEP HAMMERING. This is better than the Epstein list. These big bankers are all on it.


Rep. Massie Introduces Federal Reserve Board Abolition Act to "End the Fed"

Washington, D.C.-, March 5, 2025
“The Federal Reserve Board Abolition Act was first introduced by former Representative Ron Paul (R-TX) in 1999 and hasn’t been reintroduced since 2013. In addition to introducing this legislation to “End the Fed,” Rep. Massie has also introduced H.R. 24, the Federal Reserve Transparency Act of 2025 to audit the Federal Reserve. H.R. 24 was originally introduced by former Representative Ron Paul (R-TX) in 2009,” according to a press release from Massie’s office.

The Act will abolish the Board of Governors of the Federal Reserve System and liquidate all assets to return to the taxpayer. It also repeals the Federal Reserve Act, the 1913 law that created the Federal Reserve, effective one year after the bill is signed into law.

Read the full bill here."




The Real Target of Trump’s Crypto Strategy is the Federal Reserve - ProMarket
The Real Target of Trump’s Crypto Strategy is the Federal Reserve


BY IGNAZIO ANGELONI
February 24, 2025

"The United States President has halted plans for a central bank digital currency: a mere show of strength to undermine the Fed’s independence, writes Ignazio Angeloni.

This post originally published with Institute for European Policymaking @ Bocconi University.

---

Among the many executive orders signed by President Donald Trump in recent days, one promises to bring about a revolution in an area we did not expect the new president to be interested in: the payments system. It is worth understanding its content, as it is also relevant to us.

First and foremost, the order delivers the final blow to the so-called central bank digital currency (CBDC), also known as digital cash; its creation and circulation are now banned in the United States.

Additionally, it initiates a legislative process aimed at making the US nothing less than “the crypto capital of the planet” (a promise Trump himself made last year while seeking votes from Bitcoin operators).

More importantly, a careful reading reveals that beneath the technical surface, the document conceals an inherently political objective: an attack on one of the last independent powers still standing in the United States—the central bank, the Federal Reserve."

There is not a day that goes by under Trump that we don't get more good news on top of more good news.

 

[konradv]

This news could not be better. Trump and true MAGA are taking aim at the heart of the power of the Blackrock Deep State, the bastards who brought you COVID, 9/11, dozens of gun-grab false flag, endless wars, and everything possible to chain you with a biometric digital ID linked to your bank account if you don't behave. Trump may not entirely understand these things but Massie, Rand Paul, and Ron Paul do. Not to mention Bobby Jr. Looks like Trump is trying to understand who tried to kill him, and where their power comes from. The first place it comes from is the Fed, run by the globalist World Economic Forum bankers who have declared war on you and want most of us dead. With AI and robotics there is no need for us anymore. Now we are just polluting their view.

Tell your RINOs to get behind this or else. It may not stand a chance of passing this year but Trump has found the soft spot of these globalists. KEEP HAMMERING. This is better than the Epstein list. These big bankers are all on it.


Rep. Massie Introduces Federal Reserve Board Abolition Act to "End the Fed"

Washington, D.C.-, March 5, 2025
“The Federal Reserve Board Abolition Act was first introduced by former Representative Ron Paul (R-TX) in 1999 and hasn’t been reintroduced since 2013. In addition to introducing this legislation to “End the Fed,” Rep. Massie has also introduced H.R. 24, the Federal Reserve Transparency Act of 2025 to audit the Federal Reserve. H.R. 24 was originally introduced by former Representative Ron Paul (R-TX) in 2009,” according to a press release from Massie’s office.

The Act will abolish the Board of Governors of the Federal Reserve System and liquidate all assets to return to the taxpayer. It also repeals the Federal Reserve Act, the 1913 law that created the Federal Reserve, effective one year after the bill is signed into law.

Read the full bill here."




The Real Target of Trump’s Crypto Strategy is the Federal Reserve - ProMarket
The Real Target of Trump’s Crypto Strategy is the Federal Reserve


BY IGNAZIO ANGELONI
February 24, 2025

"The United States President has halted plans for a central bank digital currency: a mere show of strength to undermine the Fed’s independence, writes Ignazio Angeloni.

This post originally published with Institute for European Policymaking @ Bocconi University.

---

Among the many executive orders signed by President Donald Trump in recent days, one promises to bring about a revolution in an area we did not expect the new president to be interested in: the payments system. It is worth understanding its content, as it is also relevant to us.

First and foremost, the order delivers the final blow to the so-called central bank digital currency (CBDC), also known as digital cash; its creation and circulation are now banned in the United States.

Additionally, it initiates a legislative process aimed at making the US nothing less than “the crypto capital of the planet” (a promise Trump himself made last year while seeking votes from Bitcoin operators).

More importantly, a careful reading reveals that beneath the technical surface, the document conceals an inherently political objective: an attack on one of the last independent powers still standing in the United States—the central bank, the Federal Reserve."

Of course Trump World hates it, because a federally-regulated digital currency would be so much harder to manipulate and, therefore, grift than Bitcoin.

 

[munkle]

Of course Trump World hates it, because a federally-regulated digital currency would be so much harder to manipulate and, therefore, grift than Bitcoin.

CBDC will mean total control of the population.

 

[munkle]

Congress created the Federal Reserve and central banking system to manage the money supply.
So Congress can't just print money.

Federal Reserve Act​

Law created the Federal Reserve System, the central banking system of the United States
The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913. The law created the Federal Reserve System, the central banking system of the United States

Congress was given the power to print money because they are accountable at election time for their management of the economy. The Federal Reserve Act gave that power to the big bankers who run the Fed, who are accountable to no one.

 

[kyzr]

Congress was given the power to print money because they are accountable at election time for their management of the economy. The Federal Reserve Act gave that power to the big bankers who run the Fed, who are accountable to no one.

True, but when you look at the stupid democrats in congress, and the "supposedly expert professionals" on the Fed, I can see why they created the Fed. On paper its a safer bet.

 

[P F Tinmore]

Congress created the Federal Reserve and central banking system to manage the money supply.
So Congress can't just print money.

Federal Reserve Act​

Law created the Federal Reserve System, the central banking system of the United States
The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913. The law created the Federal Reserve System, the central banking system of the United States

The constitution is superior to legislation.

 

[P F Tinmore]

The constitution is superior to legislation.
View attachment 1087137
View attachment 1087138

Congress could replace all Federal Reserve notes with US notes. Give all the FR notes back to the Fed,

No more national debt.

 

[konradv]

CBDC will mean total control of the population.

Musk and Trump want total control and they’re not sharing with you.