Florida Governor Ron DeSantis on the Dangers of a Central Bank Digital Currency (CBDC)
Florida Governor Ron DeSantis on the Dangers of a Central Bank Digital Currency (CBDC)
May 10, 2023
John Stossel
The federal government and the media are excited about something new: a Central Bank Digital Currency (CBDC). "I think it would be a total disaster," Governor Ron DeSantis tells me.
A CBDC would be a cryptocurrency, one controlled by the federal government.
The Joe Biden administration says a CBDC would "protect consumers, investors... and the environment."
DeSantis tells me, "Sometimes government does things that may appear to be benevolent but really are kind of like a wolf in sheep's clothing. This is a wolf coming as a wolf."
DeSantis says the government will use digital money to spy on us and control our behavior.
"'You're filling up too much [with gas]. Wait a minute, Climate change... You can't be doing that! ...You bought another firearm? No, no, no.'"
He's is so upset about this new plan, he just persuaded Florida's legislature to ban the CBDC's use in Florida.
Original: https://youtu.be/O19sr6Q2na8
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Libertarian journalist John Stossel created Stossel TV to explain liberty and free markets to young people.
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