According to Brownstone Research founder Jeff Brown, the economy is ripe for the "Great Reset" being called for by global elites, as the world emerges from the pandemic.
The "Great Reset" is in short a transition into a "cashless" society....which is a scary thought. If we move into a cashless society, literally all monetary assets will be trackable. There will be no more side businesses, selling products for cash or being paid under the table to help out at the family business. Literally everything will have a digital paper trail.
Brown spoke with Breitbart News Editor-in-Chief Alex Marlow about the reset and according to him it is not a matter of "if" it happens, but when.
“If governments around the world could completely remove coins and paper currencies from the markets today, they absolutely would,” Brown said. “And the motivation is really simple: Most of the cash transactions that take place governments can’t see. They can’t track. They have to trust that a business is going to pay taxes on those transactions. They have to trust that somebody that might sell their car in cash is going to report the sale and pay tax on that transaction. But so many of these transactions go unreported. And so there is a very material motivation for governments to be able to see, analyze, track, and tax every transaction.”
The pandemic became a catalyst for “contactless transactions,” as businesses increased the use of phone apps and direct credit card payments in order to limit physical interactions.
“There was a major push to make these things not only simple to use, but also in many cases required to use,” Brown explained.
However, this is “just the very first step” in the Great Reset’s cashless society, he said.
“The next step is to move to a digital version of the U.S. dollar. Some people have referred to this as something like the Fed coin, where we use technologies – specifically blockchain technology – to create a digital version of the U.S. dollar.”
The government – and the IRS in particular – is “deeply motivated” to create a Great Reset cashless economy because such a system lets government officials “track every single transaction,” “see how every dollar is spent,” then “tax every single transaction,” Brown explained.
“It is an ultimate ability for a government to have centralized control over its monetary policy – how it’s distributed and how it’s taxed,” he added.
Yikes. I don't know about you, but I do not want to live in a cashless society and give the government one more way to control and track us.
He also went on to explain ways that people can try to get ahead of the curve and invest accordingly to make money off of the things to come. For the rest of the interview, visit Breitbart News.
Trending Political News
Grocery Chain Owner Sounds Alarm: Food Prices Will Go Up 'Tremendously'
On Monday, Gristedes grocery chain owner John Catsimatidis appeared on Fox Business Network and warned that food prices are going to go up "tremendously" as President Joe Biden struggles to get a handle on rising inflation. Inflation, that could have easily been avoided had the Biden administration not continued to throw away money left and right.
A partial transcript is as follows:
Dr. Doom Grants Vaccinated Americans Permission to Enjoy Holidays with Family
On Sunday, chief White House medical adviser Dr. Anthony Fauci appeared on ABC’s “This Week” and declared that fully vaccinated Americans are allowed to enjoy Halloween, Thanksgiving and Christmas get togethers with their families.
How kind of him...*eyeroll*
Biden: ‘Unfortunately’ Colin Powell’s Vaccine ‘Didn’t Work’ Due to 'Underlying Conditions'
On Monday, President Joe Biden commented on the death of former Secretary of State Colin Powell, who died of COVID complications despite being fully vaccinated.
“By the way, he had serious underlying conditions, as you know, that’s the problem. It wasn’t that the vaccinations aren’t good, he had two very serious underlying conditions,” Biden told reporters. “And unfortunately didn’t work. God love him.”
WATCH: Jill Stops Dementia Joe from Trying to Talk into Mic While Music Blasts
Yikes! That is the first word that comes to mind when I think of all the cringeworthy things that President Joe Biden continues to do.
On Monday, he was his usual confused self during an event at the White House. He can be seen taking the podium and then attempting to speak into the microphone as the band in the background is still playing "God Bless America."
Busted! Biden Caught Red-Handed Violating His Own Mask Rules! What a Hypocrite! (VIDEO)
Busted! President Joe Biden and First Lady Jill Biden were caught red handed over the weekend violating the mask rules put into place by DC Mayor Muriel Bowser.
Biden has been a stickler for pushing mask mandates and lecturing Americans to wear masks even if vaccinated, yet he can walk around and breathe clean air? Rules for thee, but not for me...eh?.
Boom! Sen. Lindsey Graham Calls for Impeachment of Joe Biden
During an interview with Fox News host Jeanine Pirro on Saturday, Senator Lindsey Graham called for the impeachment of President Joe Biden over the dangerous border crisis.
“There’s been 100% increase in fentanyl seizures at the Yuma sector alone. Our borders are completely open, they’re porous, people are pouring in, drugs are pouring in,” Graham explained. “Here’s what I worry about: Terrorists getting in the middle of this group and killing a bunch of us. The incompetence in Afghanistan...
'Let's Go Brandon' Song Trends at #1 on iTunes! Hear It Here!
Unless you have been living under a rock, then you have heard about the "f*ck Joe Biden" chants that have taken over sports stadiums, concerts, and even NASCAR.
You have also probably heard of the phrase "let's go Brandon" which came from a news reporter trying to claim that the crowds were chanting to cheer on NASCAR driver Brandon Brown....newsflash, they weren't.
Psaki to Reporters on Biden Violating Mask Mandate: 'Don’t Focus On It'
White House Press Secretary Jen Psaki loves to get snippy with reporters when they are asking questions that she either doesn't have an answer to, or that make President Joe Biden and his administration look bad.
On Monday, Fox News reporter Peter Doocy asked Psaki about the hypocrisy that the Bidens displayed over the weekend, when they were seen walking through a DC restaurant without masks. In DC, there is currently a mask mandate for all citizens, regardless of vaccination status, at indoor establishments.
Pence Addresses Biden's Botched Afghanistan Withdrawal: ‘Weakness Arouses Evil’
Former Vice President Mike Pence appeared on Fox News Business and told host Larry Kudlow that President Joe Biden's poorly mishandled withdrawal from Afghanistan could send a message to other adversaries that the United States is weak.
“Larry, weakness arouses evil, and the Biden administration’s disastrous withdrawal from Afghanistan this August was a disgrace,” Pence explained. “And it was a disservice to the generation of Americans who wore the uniform who served, especially those who sacrificed in Afghanistan, defending freedom. But there is...
