by Simon Black, Activist Post:
I imagine life can often feel pretty difficult for today’s high school students.
On top of dealing with classic teenage drama like homework, hormones, pimples, parents, driving, dating, university selection, and more, students these days have to contend with a host of new challenges.
They suffered long periods of brutal Covid lockdowns. Active shooter drills are a normal part of student life. And, of course, there’s the nonstop anxiety and peer pressure of social media.
Plus, on top of everything else, students today have also been force-fed some pretty bizarre ideas.
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But there are early signs that this indoctrination is starting to break new ground.
Yesterday a close friend of mine who lives in Spain told me that his son, a high school senior, has been getting lessons in school about Central Bank Digital Currencies, or CBDCs.
If you’re not familiar with the concept, a CBDC is essentially a cryptocurrency that is controlled by the government and central bank. And so far, at least half a dozen CBDCs have been rolled out around the world, including in Russia, China, and India.
Now, governments already have the means to track you and monitor your finances.
They can force financial institutions and credit card issuers to turn over your entire financial history. They can order banks and brokerage firms to freeze your assets.
And if you remember what happened in Canada during the ‘Freedom Convoy’ protests, Justin Trudeau Castro used his ‘emergency powers’ cut the protestors off from the financial system.
They had no access to their bank accounts, ATMs, or even crowdfunding platforms.
Governments already have the power to do all of these things.
But CBDCs take this power to a much higher level… because there’s no more middleman. Government authorities wouldn’t have to bother going to banks, brokerages, and credit card companies; they could simply deactivate your funds with a mouse click.
Have fun trying to buy groceries.
Now, even though only a handful of CBDCs have been rolled out around the world, there are over 100 central banks that are developing their own CBDCs. And that includes both the United States and the European Union.
My friend’s son (again, a high school senior in Spain) explained that his teachers are absolutely gushing over the idea of CBDCs.
In a class which covers banking, mortgages, and the financial system, they’re telling the kids that, probably within a year, the new ‘digital euro’ will be rolled out. And eventually it will become mandatory.
Cash will cease to exist, and all money will be registered with the European Central Bank.
Europe’s army of bureaucrats will know what’s happening, in real time, to every single euro in existence. And there will be no way of getting around it. Financial privacy will be a thing of the past.
The teachers expressed utter joy about this, and the curriculum seems designed to get the kids excited about it too.
