Former Presidential Candidate Vivek Ramaswamy Claims to Have Advised Trump on CBDC
Date: 2024-01-26 Author: Dima Zakharov Categories: IN WORLD
Vivek Ramaswamy's Consultation with Trump on CBDC
In the ongoing election season, former presidential candidate Vivek Ramaswamy has once again expressed his support for Donald Trump. He disclosed that he, along with others, played a significant role in advising Trump on potential risks associated with Central Bank Digital Currencies (CBDCs).
CBDCs and Threats to Freedom
Ramaswamy contends that the media misrepresents Donald Trump by labeling CBDCs as a threat to freedom, allowing the government to gain more control over its citizens. According to him, CBDCs bring us closer to this troubling direction.
In a recent interview with Bloomberg, Ramaswamy stated that the introduction of CBDCs in the USA would give the government the potential to expand its powers, enabling it to impose restrictions on citizens, affecting their bank accounts.
"I believe this is a threat to freedom in this country because it creates a mechanism for the government to destroy your dollars if you say or do something the government doesn't approve of, as you see in places like China," he emphasized.
Ramaswamy's Support for Trump
Ramaswamy praised Trump for delving into the details of CBDCs and being receptive to advice from him and others. Furthermore, he confirmed his involvement in a recent Trump rally where opposition to CBDCs was voiced as the "right answer."
Moreover, he acknowledged Trump's favorable stance on freedom of speech in the country, stating that it was absent in the current administration.
"I also saw how he spoke about freedom of speech and the value of freedom of speech, something that the Democrats have given up on, and I think that will be one of the keys to a confident victory in the elections."
Ramaswamy Withdraws from the Race
Trump had previously declared that he would "never allow" CBDCs, considering them a tool of "government tyranny." Ramaswamy's position, on the other hand, has remained consistent for some time. In June 2023, the American Institute for Economic Research quoted Ramaswamy as saying a resounding "no" to the introduction of CBDCs in the United States.
However, on January 16th, Ramaswamy withdrew from the pre-election race. Securing only 8% of the votes at the Republican Party gathering in Iowa, he expressed his support for former President Donald Trump, recognizing the need for a strong "America first" candidate.
