"The Federal Reserve has created a "Doomsday Book" for extreme circumstances that claims anything "offered" by the Federal Reserve is legal tender."
"Theoretically, the Federal Reserve could use that reasoning to issue a CBDC (Central Bank Digital Currency) without congressional approval," the report warned, citing agreement from Financial Times analyst Izabella Kaminsky, who said, "[N]ew monetary systems risk being swept in without any democratic oversight at all."
"In other words, CBDCs could be programmed to force you to only buy Bill Gates' cricket meal protein while preventing you from buying beef, chicken, and eggs," Liberty Counsel warned.'"CBDC smart wallets could be used to promote national policies that help meet sustainability objectives, e.g., by issuing a 'green' wallet. This would act as an incentive for consumers to buy environmentally friendly products and services," charged Raoul Herborg, of G+D, a company that creates electronic currencies.
"Central banks would be able to define policy rules that apply to all wallets — and cannot be changed … including the fact that the central banks can limit the amount that can be held in any single wallet."
"Further, companies could program what of their employees' pay must be used "for the purchase of healthy foods."
FULL STORY at above link.