Free Republic

In a major push to seize control of the public’s financial freedom, Canada is radicalizing its banking system by linking citizens’ bank accounts to a tyrannical social credit score.The Canadian banking system will soon be transformed by a so-called “open banking” framework.Proponents are framing this as a more “inclusive” way for banks to easily share information and access user data.However, the move will merge social standings with banking to provide governments and unelected bureaucrats with complete control over our finances.The organization Open Banking Excellence (OBE), a World Bank partner that originated in the UK, boasts that it will incorporate social...

Weekends and holidays are the perfect time to catch people off guard…Like a street thug committing a mugging, capital controls blindside most people—otherwise, they wouldn’t be effective.The government declares a surprise bank holiday and shuts all the banks—mere hours after they denied they were even thinking about such actions.They impose capital controls to stop citizens from taking their money out of the country.Cash-sniffing dogs, which make drug-sniffing dogs look friendly, show up at airports and border crossings.At this point, your money is like a lobster in a trap. It doesn’t require much imagination to see what comes next.Once a desperate...

JPMorgan Chase Bank terminated the accounts of Dr. Joseph Mercola’s healthcare company and its employees with no valid explanation, fueling suspicions of political persecution. The doctor gained a significant following during the Covid pandemic for challenging the official policies and narratives and for selling supplements for the treatment and prevention of Covid. He also ranked No. 1 on the “Disinformation Dozen” list of the Biden administration. Some employees believe the decision was politically motivated against Mercola over his stance on Covid-19. Dr. Mercola tweeted Tuesday night, “Chase bank has shut down our business bank accounts along with the accounts of...

Hendry says a further decline in the M2 money supply, which in part tracks money in liquid checking accounts, could convince the US government to step in and prevent citizens from taking their capital out of the banking system. “Sometimes it’s kind of relevant to panic. I would recommend you panic… You’ve seen the biggest waterfall decline in M2 right now. M2 is deposits, not loans. That’s the deposits fleeing the system and going into money market funds. That could reach a crescendo where the Treasury and the Fed may have to come in and actually restrict your right as...

Under the leadership of President Joe Biden, the White House and the Federal Reserve have started to lay the groundwork for a programmable, trackable, easily manipulated digital currency. It might sound like something from a dystopian science-fiction novel, but it’s all too real, and it could soon change life in America forever. In March 2022, the Biden administration released a sweeping executive order that directed numerous federal agencies to crack down on digital assets, including on popular cryptocurrencies, as well as to study the potential development of a central bank digital currency (CBDC).

Under this new digital currency, any transfer of funds to family, friends, charities, or clients would be able to be tracked by the nation's central bank that issued this virtual money. Big Brother will be in your wallet every hour or every day. You will not be able to buy a stick of gum without a Federal Reserve computer knowing where, when, and to whom you just put down a buck. We should be rightfully concerned about inflation, energy independence, aggressor nations armed with nuclear weapons, and woke public policies that denigrate the very foundation of this great country. But...