Central Bank-Controlled Digital Currency

The Central Planner’s Dream

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April 01, 2022

The Federal Reserve and the other central banks have pretty much managed to mess up the world economy. When increasing your quantitative easing from $5 trillion in 2008 to $32 trillion just 14 years later . . . driving inflation rates into the stratosphere, with bond rates in the toilet, now how do you fix that? Man seeks ultimate control over systems. When governments find that they have fouled up everything with the controls already given them . . . now they seek increased levels of control to fix the problems they created for the world. The problem, he thinks, is that he didn’t have enough control to begin with. He wasn’t in absolute control. If he were in absolute control, everything would be wonderful. That’s where central bank-controlled digital currency comes into play. Is this the mark of the beast or what? What should Christians do in such cases? 

About Your Host, Kevin Swanson

Homeschooled himself in the 1960's and 70's, Kevin Swanson and his wife, Brenda, are now homeschooling their five children. Since graduating from his homeschool and then serving as student body president of a large west coast university, he has gone on to other leadership positions in corporate management, church, and other non-profits.