GOP presidential candidate and successful businessman Vivek Ramaswamy sounded the alarm on an impending threat to American’s liberty, a central bank digital currency (CBDC).
Ramaswamy addressed CBDC while answering a question about the Federal Reserve during a Jan. 10 appearance on “Timcast IRL” with podcast host Tim Pool and The Daily Wire host Candace Owens. Ramaswamy told his audience that the digital currency “is a backdoor way of ensuring the government surveillance system of being able to wipe you out for doing something the government didn’t approve of.” He attributed CBDC’s existence to a Federal Reserve bureaucracy with too many staff members with not enough things to do. The candidate promised a “90 percent headcount reduction” at the Federal Reserve to do “that narrow function of pegging the dollar.”
Ramaswamy…
