The plan proposed by Duffie involves the Federal Reserve buying up all new U.S. debt coming due in a huge ramp shown in an annual report. This is seen as a perfect instrument of inflation by Mariner Eccles and could lead to reduced purchasing power for individuals and corporations. Additionally, central banks have expressed their interest in digital currencies, which can be used to produce inflation by debiting people's accounts directly at the Fed.

This threatens financial liberty aside from the obvious reduction in purchasing power. Central Bank digital currencies make no mistake about it; they can be used to produce inflation simply by debiting people's accounts. If this plan for straight-up confiscation is pie in the sky speculation, one should consider the case of Sticky Fingers Omarova (Ivy League law school Professor Saule Omarova).

She is an admitted discount retail merchant thief who was appointed by Biden to head up the entire U.S. banking system. However, that appointment didn't go through, but that's who was who he appointed the head of the banking system. One cannot make this stuff up. Professor Sticky Fingers wrote a law review article proposing quote debiting universally held Fed accounts end quote to deal with inflation if and when the time comes, and that time is coming fast.

Remember, Federal Reserve Banks actually issue money and would issue CBDCs their private entities, which are different from the Federal Reserve Board of Governors, which is public but issues zero dollars and zero cents every year. Do you want private bankers with no transparency and no accountability to decide whose CBDC account to debit in order to stop the inflation that they created?