There are many indicators that already show how the US dollar is losing his position and power in the world. The number one reserve currency is backed by debt. BRICS nations started to developed their own currency and many investors and government are turning back to gold and silver backed up currency.

For now, the US government is trying to stop and get rid of the US dollar and get their new digital form of US dollar who by the state will be more secure, stable, reliable, efficient and backed by gold. For now, the US dollar has many targets on its back. One of them is China as a major devaluation of US dollar because of its exporter that hurt the US.

Dollar lower position as the world principle reserve currency will have strong impact on US economy facing recession and high inflation who can lead to high unemployment. Because there is no stop sign for slowing down US debt there is a high possibility to solve this problem by using CBDC says the US government.

As CBDCs become more common, central banks will be able to maintain a higher degree of control over the flow of currency, while still enabling citizens to make contactless payments without leaving the purview of the central bank. CBDC also provide central banks with unprecedented control over fiscal and monetary policies. As national response to the Covid-19 pandemic proved, effective implementation of monetary policy can be a matter of life and death.

The advertisement for Digital dollar tells people that they only need smartphone to pay, send and receive money. This will be the system where big banks will control your spending and much more says Catherine Austin, American investment banker and former public official. This system of digital ID, Vaccine passports, CBDC will be the last gate for shutting down freedom. As told top Wall street Banks will be able to issue CBDC in support of US government. Looks like the government of US is trying to collapse the US dollar so they can roll CBDC running it by Wall Street.

Donald Trump stated „I will never allow CBDC if I be elected for president. This is a dangerous a threat to freedom for all US citizens. “

Protecting wealth tangible assets like gold, silver and real estate are the assets who will survive this US crisis when banks remove cash.