Federal Reserve Considers 'Digital Dollar' in Move Toward Cashless Society

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News Story Source: https://libertyconservativenews.com,By Shane Trejo
"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 socie
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