Trump EO bans CBDCs, A step toward Ending the Federal Reserve, and much more
Today, Trump signed Strengthening American Leadership In Digital Financial Technology Executive Order, which prohibits “the establishment, issuance, circulation, and use of a CBDC within the jurisdiction of the United States,” according to the order. There is much more in this order that will have a major and sweeping impact on the economy and drive wealth and prosperity in short order. As we’ll discuss, this EO ends the international banking cartels by making them obsolete, while it paves the way for an entirely new digital asset industry, leading to jobs and innovation that will have a positive impact on Americans and the world at large.
I believe that this executive order, in conjunction with other moves Trump is making, like opening up the US oil reserves, establishing sweeping tariffs, and driving trillions of dollars of investment into the US for AI, will radically improve the lives of Americans in short order. Sometime in 2025 thousands of dollars will flow into the pockets of Americans in the form of savings, new jobs, and lower costs.
Mike