Just say 'no' to Central Bank Digital Currency



In the 1980s, as the crack cocaine epidemic was pulverizing the country, First Lady Nancy Reagan launched her famous "just say no" campaign, intended to discourage experimental drug use among young Americans.

Today, the nation faces a threat far greater than crack cocaine, and no, I am not referring to the huge rise in fentanyl poisonings. Instead, I am bringing attention to the stealth campaign in place to upend our financial system, individual liberties, and personal privacy rights via the introduction of a Federal Reserve-sponsored central bank digital currency (CBDC).

Although most Americans are not well-aware of what a CBDC is and what a government roll-out of one would look like, this issue certainly should be on Americans' radar, at least those who value their constitutional rights and limited government.



Chicago Federal Reserve Bank Building by Joshua Woroniecki is licensed under Unsplash unsplash.com

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