Federal Reserve Plans to Replace Money with Central Bank Digital Currency

G. Edward Griffin Explains the Federal Reserve Plans to Replace Money with Central Bank Digital Currency

G. Edward Griffin explains what the Federal Reserve is and how it came to have control over our government. He said that the Federal Reserve is transitioning to a new monetary system and is planning to institute central bank digital currency (CBDC), similar to a credit card, but the banks will control over the money, and people will need to get permission from the bank to spend. He said that silver and gold and other tangible investments outside the banking system are likely to hold their value. Griffin believes that most present-day cryptocurrency traders are not buying assets for currency, but simply for profits.