How the Federal Reserve is using the ‘green transition’ as a pretext to build an American Social Credit System

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    by Jordan Schachtel, The Dossier:

    Europe shows us how a “pilot exercise” quickly becomes policy.

    The Federal Reserve has offered a green light for the first component of an agenda dedicated to turning the American financial system in a complete censorship and surveillance regime, and all indications are that they intend to install further intrusions on liberty into the U.S. Dollar system under the guise of saving the planet from “climate change.”

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    The Dossier reported last week on The Federal Reserve’s “pilot exercise” that is slated to both begin and conclude in 2023. In the piece, we discuss how what has become commonly referred to as ESG, or the climate change agenda, or the “green transition,” is acting as a trojan horse for the continuing centralization and the increasing of surveillance in the American financial system. Across the West, this movement is now acting as the chief catalyst for the implementation of Chinese Communist Party-like social credit score systems.

    To continue this crucial conversation, here’s some more detail about how we can expect this “pilot exercise” to move forward in the coming months.

    In all likelihood, The Fed will follow in the footsteps of the Eurosystem.

    In January 2022, the European Central Bank (ECB), which manages the Euro, launched its own climate “stress test.”

    This quickly resulted in a July 2022 “climate action plan” to “include climate change considerations in the Eurosystem’s monetary policy framework.”

    Over the span of just 7 months, the ECB transformed their monetary policy to “support the green transition of the economy in line with the EU’s climate neutrality objectives.”

    In order to “decarbonize” the European economy, the ECB will proceed to “limit the share of assets issued by entities with a high carbon footprint.” The ECB will also limit the borrowing power of institutions that are not considered carbon compliant.

    The Europeans now, suddenly, have a “green” Social Credit Score system.

    Will The Fed follow suit?

    To get a sense of The Fed’s commitment to the climate hoax, we can review a prominent Federal Reserve official’s speech last month at the Brookings Institution in Washington, D.C. Many consider the left wing policy shop as the most influential think tank in the United States.

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