Richardcyoung.com

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin & Alfie Oakes
  • World Gold Mine Production
  • Fidelity & Wellington Since 1971
  • Hillsdale College
  • Babson College
  • Contact Us

BEWARE: Digital Currency Code Word “Programmability” Is the Gateway to Total Control

October 24, 2022 By Richard C. Young

I have been warning you of the dangers of the digital dollar, and here IMF Deputy Managing Director Bo Li explains how digital currency can be used to control the lives of anyone subjected to it. He calls it “programmability,” but really, it’s just government rationing by not allowing people to spend their money on what they want or need. Cato Institute policy analyst Nick Anthony has clipped the relevant comments and tweeted them here:

And here we have Deputy Managing Director of the IMF sharing how central bank digital currency (CBDC) would allow the government to precisely control what people can and cannot spend their money on. pic.twitter.com/8cSNIF5XNg

— Nick Anthony (@EconWithNick) October 15, 2022

If you’re willing to fight for Main Street America, click here to sign up for my free weekly email.

Related Posts

  • My Latest Hard Currency Haul
  • Ron Paul on CNBC: Currency Destruction
  • The Future of Digital Currencies and the Monetary System
  • Trump’s Total Approval Beats Obama’s
  • Author
  • Recent Posts
Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
Latest posts by Richard C. Young (see all)
  • How Healthy Are Eggs? - July 8, 2025
  • HUD: The Damage Caused by Federal Housing Intervention - July 8, 2025
  • The One Big Beautiful Bill Does a Great Job Adding to the Deficit - July 7, 2025

Dick Young’s Must Reads

  • Florida: Enjoy Certain Freedoms and Individual Liberties
  • A NEW CONTRACT WITH AMERICA: Rick Scott Finally Gives the GOP Something to Run On
  • Victor Davis Hanson: How to Bust DC’s Stronghold
  • The Government Attack on Americans’ Independence
  • The Breakfast of Champions
  • V4 Stands Against North African and Middle Eastern Invasion
  • The Swiss Way
  • Richard Feynman Solved the Space Shuttle Disaster Mystery
  • Why Some Kids Won’t Go Back to School, Ever
  • Can Ginger Combat Heart Disease and Improve Circulation?

Our Most Popular Posts

  • Just Don’t Call It “Obliterated”
  • What Is Tim Walz's Connection to China?
  • A True America First Foreign Policy
  • China’s Silent Strike: Weapon Targets Electrical Infrastructure
  • "Surrounded by an Armed Country"
  • NYC's Mamdani: The More You Know, the Worse It Gets
  • Naturalized Criminals Set to Lose American Citizenship
  • The Ugliness of Political Warfare
  • NYC, Crypto, ESG, the Haves and the Have-Yachts
  • Survival Guy: An All-Weather Balanced Portfolio

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • Your Survival Guy: “You Wouldn’t Have Liked It”
  • We Finally Got on the Boat
  • Trump Flexes Tariff Power Ahead of August 1 Deadline
  • America Remained a Net Energy Exporter as Domestic Output Soars
  • Copper Prices Surge as Global Supplies Tighten
  • Happy Independence Day!
  • Survival Guy: An All-Weather Balanced Portfolio
  • A Bazooka Fired at Private Equity
  • US Trade Deficit Widens in May
  • Job Gains Light Up the Labor Market

RSS Yoursurvivalguy.com

  • We Finally Got on the Boat
  • The Big Beautiful Bill: Good, Bad, and Ugly
  • WARNING: Your Survival Guy and Gal in the Fog
  • Happy Independence Day!
  • Survival Guy: An All-Weather Balanced Portfolio
  • A Bazooka Fired at Private Equity
  • NYC, Crypto, ESG, the Haves and the Have-Yachts
  • “Behind Every Blade of Grass”
  • Beware the ‘Democratization’ of Investing
  • Survive and Thrive June 2025: The Lay of the Land: Who Can You Trust?

US Treasury Yield Curve: My Favorite Investor Tool

My Key West Garden Office

Your Retirement Life: Traveling the Efficient Frontier

Live a Long Life

Your Survival Guy’s Mt. Rushmore of Investing Legends

“Then One Day the Grandfather was Gone”

Copyright © 2025 | Terms & Conditions | About Us | Dick Young | Archives