The Biden Administration has unleashed a seismic change with Executive Order 14067, ushering in a controversial new central banking currency known as “FedCoin.” This move has sparked a flurry of concerns, with privacy experts, including The Cato Institute, sounding the alarm about potential far-reaching consequences for Americans.

The Cato Institute warns of a potential nightmare scenario: “Government control over our bank accounts and how we spend our money, ongoing legal surveillance of our lives, and freezing assets if you go against the government.” As if that weren’t enough, FedCoin has already quietly launched and is in the late experimentation phase, with a full-fledged rollout on the horizon.

The experts caution that this new digital currency could be a game-changer, allowing the government to wield unprecedented control. There are fears that the administration could replace traditional dollars with FedCoin, giving them the power to control individuals’ wealth and transactions. In stark terms, the potential to “shut you off” looms large if you don’t align with their agenda.

Economist Steven Roach delivers a chilling prediction: “The dollar will drop by 35% due to government debt.” Imagine exchanging a dollar, battered by reckless monetary policy, for a digital currency with an uncertain value. It’s a scenario that echoes historical currency collapses, such as the Italian Lira, German Deutsche Mark, and Venezuelan Bolivar, all now rendered worthless.

As Forbes reports, geopolitical powers like China and Russia, along with the BRICS nations, are strategically maneuvering to challenge the supremacy of the US Dollar. China’s bold move to back this new currency with gold adds an extra layer of uncertainty, potentially destabilizing the US Dollar further.

For Americans, it’s not just about financial investments; it’s about protecting one’s future in the face of a shifting economic landscape. The call to action is clear – stay informed, diversify, and be prepared for the potential aftershocks of this monumental change.