Ep 218 | The Threat of a Central Digital Currency | Guest: Rep. Warren Davidson
Cryptocurrency has the potential to liberate millions of people from the government’s money system, but there are some who want to use that very tool for evil instead of good. Matt Kibbe talks to Rep. Warren Davidson (R-Ohio) about the possibility of the Federal Reserve creating its own digital currency that would be controlled by the federal government. In addition to being prone to massive inflation, a central bank digital currency would be used to track your every purchase and could be denied to people who behave in ways that the state deems undesirable. In Canada, truckers were locked out of their bank accounts for protesting COVID policy. Imagine if Justin Trudeau had the ability to deactivate the very dollars in their pockets as well.
Om Podcasten
Kibbe on Liberty is a weekly podcast with libertarian author and economist, Matt Kibbe. Kibbe believes that honest conversations, driven by intellectual curiosity and mutual respect, can ignite a new revolution of free thinking and a willingness to question the official narrative. That means talking, and listening, to a wide variety of people outside the echo chamber of officially sanctioned experts.
Kibbe on Liberty's guests include politicians, economists, musicians, comedians, writers, radio personalities, activists, journalists, and even magicians—with topics of conversation ranging from current affairs to obscure philosophy, from craft beer to the Grateful Dead. Cold one in hand, settle in for the next brain-stimulating hour of Kibbe on Liberty.
As the president of Free the People, Kibbe has decades of experience in the libertarian political sphere. He is the author of three books, including Don’t Hurt People and Don’t Take Their Stuff, a #2 NY Times Best Seller. Kibbe is a fanatical DeadHead, drinker of great whisky, and collector of obscure books on Austrian economics.