Topic: WorldNetDaily
WorldNetDaily just loves falsely fearmongering about governmental plans to explore getting involved in digital currency. The latest attempt is a June 9 column by Glenn Guest (which was promoted on WND's front page using the same stock photo art it used for previous fearmongerings). He started ominously:
At this moment powerful forces are constructing an economic system that will destroy our way of life and our God-given liberties. Once the architects of this economic system have completed and implemented their digital control system, they will rule over us in what can only be described as absolute despotism.
Even as you read this, they are working hammer and tongs forging the chains and shackles of your bondage, not of iron or steel, but of electronic ones and zeros that will form a digital currency. The global digital currency they are creating will result in the elimination of cash, with digital currency being the only one accepted in the new world economic order. This digital currency will be the mechanism by which they will control your finances and the finances of every person on earth – and by controlling your finances they will control you.
In March of 2022, Joe Biden issued Executive Order 14067 in which he ordered the federal government to begin the process of creating an electronic digital currency called "Central Bank Digital Currency," or "CBDC." In some White House documents this new electronic currency is referred to as "digital dollars."
Statements in Executive Order 14067 and other associated White House documents make it clear that our government has put the pedal to the metal in its effort to create a cashless economic system. Terms like "highest urgency," "whole of government approach" and "we must" are used throughout the White House documents.
As we and others have pointed out, the executive order merely asked the Federal Reserve to explore whether a digital currency should be created and that the impact of such a currency on financial stability and national security should be studied.
But Guest -- who is not an expert on finance but, rather, "pastor of Shiloh Baptist Church in Danielsville, Georgia" -- is here to baselessly fearmonger, not tell the truth. And baselessly fearmonger he does:
When the cashless CBDC monetary system is put in place your "money" will no longer be possessed or controlled by you. It will exist only in the computers of banks and government. Physical cash will be eliminated, and those who control the CBDC system will have control over your "money" in your account. Banks and the government will decide if and how you may use your "money." In fact, you will not be able to make any decision on your own, financial or otherwise, because all transfers of "money" (CBDC) will be subject to approval by whoever controls the cashless monetary system.
Every decision you make, whether great or small, economic or otherwise, will have to be in line with government policies if it is to be approved. Whoever controls the new system of electronic currency will have the power to decide what you may buy or sell and even if you will be allowed to buy or sell anything at all.
Your choices in life must yield to the whims of those who will exercise this tremendous power over you, or else. To attempt to exercise your will over theirs will mean that you could be declared an economic non-entity. If this happens, you will be banished from the new economic system. You will be unable to access to your financial accounts, unable to purchase even the basic necessities of life. To fall out of favor with those who control the system will mean that you will not be able to be paid by your employer or anyone else because your direct deposit will be deactivated. Any wealth you may have accumulated in digital currency will be stored out of your reach behind an impenetrable wall preventing you from accessing what is rightfully yours. If you are in this situation you will be unable buy food, pay rent or make a house payment. You won't have the option to use cash to make necessary purchases because cash will no longer be accepted.
In fact, FedNow is an infrastructure designed to speed financial transactions and is not linked to any sort of digital currency, real or imaginary. But, again, Guest wants to scare people, not tell the truth, so the fearmongering continued:
Indeed, the "Holy Grail" of tyrants is to have the ability to force the populous to comply with every command. Though control of the masses has been attempted many times throughout history, no government has ever achieved this goal by the use of police and military powers. However, the goal will be reached when government can control all buying and selling by the elimination of cash and its replacement with the digital CBDC monetary system. When the cashless economic system is fully implemented, you will find yourself living in a global gulag.
So, is there really a global conspiracy to destroy our God-given liberty and to to enslave us?
Well, almost 2,000 years ago, God gave us a warning that such a system would indeed exist one day. In Revelation chapter 13, God warns us of a one-world government and a global economic system wherein a person must yield to the dictates of a ruthless tyrant, one who will have almost absolute power. God also warns us that this tyrant will use his control of the world's economic system to compel people to worship him as God. God tells us that he will attempt to destroy those who believe in Jesus Christ. This dictator will rule over this world for a brief period of time and all those who do not believe on Jesus will worship him as God.
I believe that the cashless economic system that is being developed and will soon be forced upon us will play a essential part in the fulfillment of these prophecies.
As you consider what is coming upon our nation, the world and upon you personally, you might be thinking, "What must I do to be saved?" Your question has been asked before, and the answer is the same today as it was almost 2,000 years ago. This question was asked by a jailer in Philippi. He asked Paul and Silas, "Sirs, what must I do to be saved?" The answer to his question and to yours is, "And they said, Believe on the Lord Jesus Christ, and thou shalt be saved, and thy house."
The only place of safety is in Jesus Christ.
Search these things out for yourself and seriously consider the ramifications of a completely cashless economic system.
Guest needs to some searching for himself and ask himself why a pastor is repeatedly violating one of the Ten Commandments by lying to his readers.
