Former GOP presidential candidate Vivek Ramaswamy rallied with Donald Trump in New Hampshire and elaborated on his backstage discussions with Trump to Fox News host Jesse Watters.
“What did the former president tell you when you guys were backstage?” Watters asked.
“We had a great conversation. I actually prefer to talk about policy rather than politics,” Ramaswamy responded.
“We talked about a number of issues backstage which I’ve actually championed in this race that I do think would be beneficial to the America First movement for President Trump to take on,” he continued.
“Opposition to a central bank digital currency,” he stated.
“If Trump is president again and @VivekGRamaswamy can persuade him to prevent CBDC he will be a genuine American hero,” comedian and libertarian political commentator Dave Smith said.
“Right answer to CBDC is: h*** no,” Ramaswamy declared.
WATCH:
Right answer to CBDC is: hell no. https://t.co/nJt3lzbN9Q
— Vivek Ramaswamy (@VivekGRamaswamy) January 17, 2024
X users commented on the critical issue of stopping a CBDC:
There should be legislation banning the creation of CBDCs.
It’s not enough to be anti-CBDC. We have to be proactive in stopping it.
— Joey Mannarino (@JoeyMannarinoUS) January 17, 2024
If a CBDC is implemented in the United States we will lose almost total control over how when where and how much we can spend. We cannot give the government more control than they already have, especially not over our money and our assets. Follow me if you stand against CBDCs!
— Right Angle News Network (@Rightanglenews) January 17, 2024
CBDC's would be the end of our freedoms in America. It has to be vehemently fought at all costs.
— Final Cut MI🇺🇲 (@FinalCutTile) January 17, 2024
https://twitter.com/bowtiedreact/status/1747721611594064048
This isn’t the first time Vivek Ramaswamy has voiced his opposition to CBDCs, explaining how it opens the doors to a CCP-style social credit score.
Mint reports:
US Republican presidential candidate Vivek Ramaswamy, in a recent X post, expressed his strong views on Central Bank Digital Currencies (CBDCs), adding that it opens a clear path to social credit scoring.
“I have a one-word answer to central bank digital currencies: NO. Central bank digital currencies open a clear path to social credit scoring. No surprise that the CCP is leading the way,” Ramaswamy said in his X post.
Furthermore, he added his take on stabilizing the dollar. “January 2025, it would be kibosh in the Fed now programme. While we’re at it, we’re talking about a 90% headcount reduction of the US Fed Reserve. Peg the dollar to command gold, nickel and agricultural commodities. CBDC, we’re done with it. Don’t copy China. We’re different for a reason,” he added.
The presidential candidate has lately been vocal about his plans on stabilising the US Dollar by proposing linking the currency to a diversified basket of commodities, suggesting that Bitcoin might be included in this mix in the “foreseeable future.” Simultaneously, he expressed opposition to the creation of a Central Bank Digital Currency (CBDC) in the United States.
Ramaswamy expressed his intention to reposition the U.S. Federal Reserve, advocating for a substantial reduction of its workforce by 90%. His vision emphasizes a more streamlined mandate, with the primary focus on stabilizing the value of the dollar.
He noted that “it could be reasonable” to include Bitcoin in such a basket once the asset has been broadly accepted and its volatility is more in line with the larger basket of commodities.