House Republican Warns of CBDC Risks
Rep. Warren Davidson of Ohio plans to introduce legislation opposing central bank digital currency (CBDC), which he describes as "communist money for the digital age." He warns that CBDCs could allow the government to freeze or program funds, seeing it as a dystopian threat. Though a recent law temporarily bans CBDCs until 2030, Davidson advocates for sound money principles and ending the Federal Reserve, emphasizing fiscal discipline and critique of current monetary policy.
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