
Episode 1274 • • 22:33 - 25:35
1274: Thugs on a plane
Digital Dollar, Post Office Banking, Cashless Society
The "Banking for All Act" proposes using the U.S. Post Office as a hub for unbanked citizens to access digital wallets linked directly to the Federal Reserve. This move toward a "digital dollar" coincides with a decline in physical cash usage during the pandemic. Critics argue this system allows the government to assign digital accounts based on Social Security numbers, centralizing financial control.
