Jump The Frog

On CBDC and Boiling Frogs

I have previously written in some detail on the horror that would be a Central Bank Digital Currency. This is a mechanism already implemented in totalitarian states such as China, where money now literally has an expiration date. You cannot save. You must spend - this is a facet of Keynesian economics where you constantly have to stimulate the economy through spending, but the constant printing of money then creates rampant inflation, so they must be able to withdraw (delete) the money also.

Photo by Yann Allegre on Unsplash

Make no mistake, a CBDC is a state and central bank attempting to put its booted foot on the back of our necks. Once there, just a little lean and a twist and a snap as we break - can’t buy food, can’t pay the rent, can’t buy gas to get to work. Even today, in this nightmare time of food inflation, energy scarcity, potential nuclear war, and civil conflict there is nothing that rises to the level of danger as adopting a programmable, surveilable, total-arbitrary controllable digital currency.

With all the signals being sent out by the White House and Federal Reserve it is my suspicion that the attempted rollout of this Fed CBDC may happen this year. It is looking like a possible December timing, though it may be delayed to early next year since government can’t do anything particularly well.

So, this is our time to act. We cannot wait. We are the frogs boiling slowly in the pot of water. Jump.

Proposed Text of the Bill

In agreement with New Hampshire citizens enumerated Constitutional rights to privacy of information, to be secure in their persons, papers and effects, to freely conduct lawful commerce in acquiring property, to be free of eminent domain for private benefit, to freely worship and tithe according to conscience, to acquire and bear arms, that no tax may be levied without consent of the people or their representatives, and with other rights reserved to the people, no currency, whether physical, digital, or otherwise, which inherently compromises privacy by provision of transaction or use details to any government agency or partner, or allows for the programming of prohibited or mandatory uses, or the ability to block or refuse any lawful transaction, or the linkage to any form of credit score, or programming of an expiration date, or programming of non-market driven inflation, may be introduced or utilized as legal tender for debts public or private in the State of New Hampshire, by any entity, including, but not limited to the Federal Reserve.