ADVERTORIAL

China’s Scary “Social Experiment” Coming To America?

DAVID BABINEAU, MONEYWISE STAFF REPORTER

Will President Trump implement China’s controversial new “social control” tool?

As the Wall Street Journal reports, China has now launched a “credit rating for everything” that will help determine if citizens can obtain loans, high-paying jobs, social services, and even access the internet.

Don’t pay your bills on time? Got caught jaywalking? The “1984”-style tracking system will adjust your social credit score accordingly.

Also in the works is the country’s plan to implement a new nation-wide digital currency. Such a cashless currency has been deemed dangerous since it would make it easy for government to control what individuals can and can’t buy. Taxes could also be automatically deducted from digital-only accounts.

Perhaps most shocking is that such a new “cashless” currency has been discussed for America.

In fact, according to New York Times #1 Bestselling author and libertarian philosopher Doug Casey, Fed members have already discussed a proposed new “Fedcoin” currency.

In June, Janet Yellen hosted a 3-day private event to discuss the technology behind such a new currency. And recently, according to Business Insider, the Federal Reserve announced a new study to “speed up” the implementation of this technology.

As Casey warns in this just-released controversial interview, the consequences of a new “Fedcoin” currency would be disastrous to most Americans.

To discover the four steps he’s taking to prepare for such a “dollar reboot,” click on the image below.