CBDC Is the ‘Latest Trojan Horse of the Great Reset,’ Opponent Ramaswamy Says
Vivek Ramaswamy, a 2024 Republican Party presidential primaries candidate, criticizes the U.S. government’s consideration of a digital version of the dollar. He believes that central bank digital currencies (CBDCs) are part of the Great Reset and will lead to a social credit system. Ramaswamy argues that protecting the dollar from digitization will make it stronger.
- Janet Yellen pushing for CBDCs
- CBDCs are a Trojan horse for the Great Reset
- CBDCs will embed ESG into currency
- The dollar will be stronger without digitization
- China’s adoption of CBDCs is a reason for the U.S. not to adopt them
Fed Should Focus on Stabilizing Dollar, White House Hopeful Suggests
Vivek Ramaswamy also criticizes the U.S. Federal Reserve for its approach in the past couple of decades. He suggests that the central bank should focus on stabilizing the U.S. dollar as a unit of measurement instead of trying to target both inflation and unemployment. Ramaswamy believes that this change in focus would benefit GDP growth.
- Federal Reserve’s behavior in the past decades
- Fed should focus on stabilizing the U.S. dollar
- Targeting both inflation and unemployment is problematic
- Stabilizing the dollar is an impediment to GDP growth
- Florida Governor Ron DeSantis also opposes CBDCs
Hot Take
Vivek Ramaswamy strongly opposes the adoption of central bank digital currencies in the United States. He argues that CBDCs are part of a larger agenda to implement the Great Reset and create a social credit system. Ramaswamy believes that protecting the dollar from digitization is crucial for its strength and the preservation of liberty in the country. Additionally, he suggests that the U.S. Federal Reserve should refocus on stabilizing the dollar as a unit of measurement, which he believes will contribute to GDP growth.