[Editor's note: This story originally was published by Real Clear Markets.]
By Gregory Wrightstone
President Biden and others who would stake the future of modern civilization on wind and solar technologies are ignoring former environmental activists who have now soured on so-called green energy. As better-informed people increasingly turn to responsible use of fossil fuels and nuclear power, political leaders continue to pursue a false “green” promise.
In Washington, D.C., radical anti-fossil fuel policies are being promoted that would devastate America’s economy. It continues to be promoted even though it is obvious that overreliance on wind energy contributed to costly and deadly power outages last month during a Texas cold snap and similar, but not so deadly results recently in Europe.
There are plenty of arguments against these “green” proposals made purportedly to save the planet from human-induced warming.
First, the underlying premise of looming planetary doom due to man-made warming is demonstrably false. By nearly every metric, Earth and its people are flourishing. As much as half the planet’s surface has become greener over the past 50 years because of slightly higher levels of carbon dioxide and natural increases in warmth. Secondly, investments in wind turbines and solar panels divert resources from more reliable and efficient fossil fuels and nuclear power that have produced unprecedented prosperity.
“Green warriors” who dismiss these arguments at least ought to consider that many of those who once embraced radical plans to “save the planet” now spurn them.
FED confirms: Fedcoin is coming.
https://libertyconservativenew....s.com/federal-reserv
Federal Reserve Considers ‘Digital Dollar’ in Move Toward Cashless Society
By
Shane Trejo
-
February 24, 2021
The Federal Reserve is talking about adopting a “digital dollar” as cryptocurrencies take off and the central bank wants to proceed toward the cashless society.
“We are looking very carefully about whether we should issue a digital dollar,” Fed Chairman Jerome Powell said before the Senate Banking Committee. “As the reserve currency, we have the responsibility to get this right rather than be the first.”
Powell made it clear that his central bank will be upping the inflation in order to destroy the value of paper money and ease the transition toward the cashless society.
“The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved,” he said.
Liberty Conservative News has warned of the cashless society, as a cabal of wealthy international interests pine for a monetary system where everyone can be tracked by state authorities at all times:
“The Cato Institute, a Washington D.C. think-tank funded in part by globalist oligarchs David and Charles Koch, has formally endorsed the notion of a cashless society that would enable centralized government control over the entire economy on an unforeseen scale.
Economics professors Michael D. Bordo and Andrew T. Levin wrote a white paper for the Cato Journal titled, “Improving the Monetary Regime: The Case for U.S. Digital Cash.” They argue that digital cash is necessary so the “Federal Reserve can provide sufficient monetary stimulus to preserve price stability.”
“Our analysis indicates that the Federal Reserve should take active steps to establish digital cash as the fulcrum of the U.S. monetary system,” the Cato analysts wrote.
Although they do not propose explicit banning the use of paper cash, they admit that their proposal would phase it out and eventually lead to a digital-only system where paper currency becomes a thing of the past.
They wrote: “Once digital cash becomes convenient and ubiquitous, the demand for paper currency will rapidly diminish.”
The analysts confusingly claim that digital paper money would “foster true price stability” while admitting that a cashless system would allow the central bank to inflate currency instruments limitlessly.”
The cashless society could lead to individuals being frozen out of the marketplace completely, unable to buy and sell goods they need for their families to survive, unless they submit and serve the Beast System.
Revelation 13:17: “And no one could buy or sell anything without that mark, which was either the name of the beast or the number representing his name.”
The globalist ruling elites aim to manifest the most ghastly tyranny mankind has ever known over the world. They will reach Biblical levels of authoritarianism unless they are stopped.
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