HARD ASSET MANAGEMENT PRESENTS:

CBDC: BIG BROTHER’S MODERN SURVEILLENCE SYSTEM

FREEDOMWORKS PANEL - JUNE 2023



Recorded live from FreedomWorks panel in Washington DC, leading economic experts Christian Briggs, CEO of Hard Asset Management, and Congressman Mark Green from Tennessee delve into the seismic shifts in the global monetary system. They discuss the diminishing role of the U.S. dollar as countries pivot towards the Chinese yuan or their own currencies, a trend amplified by the China-led BRICS coalition. Monica Crowley, former assistant secretary of the U.S. Department of the Treasury, underscores the potential dire consequences of the U.S. dollar losing its global reserve status.

The panelists also tackle the U.S. government's ambitious drive to phase out certain technologies and industries, exemplified by a commitment to end fossil fuel usage. They scrutinize the global influence of the United Nations on these policy directions, with a particular focus on food systems. Discussion around the International Panel for Food System Science, a UN body created to support climate change policy, adds depth to this discourse.

Exploring the financial frontier, Briggs, Green, and Mandy Gutasakera debate the implications of Central Bank Digital Currencies (CBDCs), and the Federal Reserve's potential to regulate transactions via FedNow, creating competition for commercial banks.

Briggs and Green caution viewers about the potential threats to liberty posed by digital currencies. They also spotlight Federal Chairman Jerome Powell's prediction of a dual-reserve currency world and the subsequent rush of states like Georgia and Texas to invest in gold as a potential safeguard against weakening dollar purchasing power. In the end, a reflection on the escalating price of gold, hinting at global economic undercurrents that deserve attention.