Central Bank Digital Currencies (CBDCs) seek to control the fruits of your labor — money. To paraphrase the economist Friedrich Hayek, people are only truly free when they can freely store and enjoy the fruits of their labors — their money. A government that seeks to limit those freedoms sets its citizens on a sure path to serfdom.

In March 2022, Joe Biden quietly issued an executive order requiring the Federal Reserve to begin “investigating” a CBDC. By December 2022, the Federal Reserve finished their “investigation.” With the help of the Massachusetts Institute of Technology (MIT), the Federal Reserve created and tested Biden’s CBDC. Now this digital funny money, what some call “Marxist Money,” could be unleashed on America at any time.

The CBDCs would be issued, not into regular, private bank accounts, but into individual accounts held directly at the Federal Reserve.

And because the feds will operate and control those accounts, as well as the digital funds deposited there, the government will be able to monitor and control every single cent every American earns, spends, or saves.

No warrant will be needed to conduct this financial surveillance. At the press of a button, the feds will be able to spy on every transaction.

And because the government will be able to control the funds in those accounts, if the government doesn’t like what you’re about to buy, they simply cut off your ability to use your own hard-earned money.

If climate alarmists like Alexandra Ocasio-Cortez have their way, the federal government could use your own money as punishment or reward to ensure you abide by “woke” dictates. If greenies feel you have used too many “fossil fuels” this month, they could simply block your ability to pay for gasoline, no matter how much money is in your account.

If a person fails to fully embrace “ESG” (environmental, social, and governance initiatives), the person could be forced to pay a higher interest rate on their mortgage or auto loan — not because of poor financial credit, but because of poor “social credit.”

Communist China is already enacting both of those forms of tyranny on their people.

Now Joe Biden and Kamala Harris want to force this Marxist funny money on Americans as well!

To ensure citizens are fully protected from this 21st-century Marxist Money, Congress must go on the immediate offensive, developing and passing legislation to ban retail CBDCs before they can be forced on the American public. And they must do this before whoever is running the Biden White House rams this system down our throats before they lose power.

A bill making its way through Congress to accomplish these objectives: The CBDC Anti-Surveillance State Act. Demand Congress pass this bill in order to protect Americans from the Marxist Money Plan.

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As you know, Liberty Counsel never charges our clients. Few could afford to defend their rights against a government gone mad. Instead, they rely on friends like you, a faithful Liberty Counsel supporter. And if the CDBC passes, we will have mountains more work to protect our freedom.

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Mat Staver
Founder and Chairman
Liberty Counsel