DeSantis goes after Fed digital currency - which doesn't exist yet

[Yo_Mama_Been_Loggin]

The Federal Reserve's moves to make banking smoother and more accessible are drawing political attacks from two likely 2024 presidential candidates, who allege that the central bank wants to surveil Americans' finances, take away their guns or control how much gas they put in their cars.

Florida Gov. Ron DeSantis (R) has argued recently that the Fed would use a digital currency "to impose an ESG agenda," referencing policies geared toward environmental, social and governance goals. Speaking in Pennsylvania on April 1, the Republican said that if Americans "use too much gas, they're going to stop it. They're not going to honor the transaction because you've already bought more than what they think. You want to go buy a rifle, they're going to say no, you have too many, too many of those, you can't do it."

But that scenario bears no resemblance to the central bank's slow exploration of digital currency. The Fed is already under harsh scrutiny for its supervision of the banking system and its handling of inflation, two issues that pose major threats to the U.S. economy. And now it appears that the Fed's technical work on payments systems could become a bizarre talking point in the run-up to 2024.

"When I look at other countries around the world, this is not a political issue," said Joshua Lipsky, senior director of the GeoEconomics Center at the Atlantic Council, a think tank focused on international affairs. "It's an issue that legislators look at. There's debate around it. But only in America ... has this become a divisive political issue."

https://finance.yahoo.com/news/desantis-goes-fed-digital-currency-103053307.html

[SWBTATTReg]

1. This is a stupid argument on deSATANis' part, to argue about a non-existent digital currency. The

Feds have been studying/looking into digital currencies but has not yet decided on one yet.

And amazing, deSATANis thinks he's an expert all of a sudden on a non-existent thing.

Idiot.

You would think that they would deal w/ real world issues, such as the skyrocketing insurance rates being paid by homeowners in FL, and/or other issues in FL, but NOOOO, moron and his moronic friends are throwing darts at 'gotcha' issues and using them to stir up voters (unnecessarily as it turns out, being non-existent). Why are they making up issues? Because IMHO, they have nothing to crow about things that they've accomplished, to brag about.

[Chainfire]

2. If part of the MAGA philosophy involved the eating of children, El Douche would be sharing

his favorite recipes. DeSantis does not care about the people of Florida, he has moved on from that; he only cares about his political future and he believes that that is forwarded by being the biggest Nazi in the room; something he excels at.