by James Rickards

I've warned how they would allow governments to monitor every transaction you make, which basically means a surveillance state.

This facilitates the creation of a social credit system that allows governments to punish those who engage in unapproved activity such as buying guns, donating money to the wrong political party, buying unapproved literature, etc.

The government will even know your physical whereabouts at the point of purchase.

People could be denied employment opportunities, educational opportunities, access to banking systems, even the ability to travel.

I've also said that China is well along the way to establishing a social credit system. Well, if you have any doubt that China's social credit score is real, consider this:

Millions of Chinese have been denied the ability to travel by plane or train because their social credit scores are too low.

It CAN Happen Here

If you think nothing like that could ever happen here, you might want to reconsider.

Think of all the draconian policies that were imposed on Americans during COVID. Think of the lockdowns, the censorship, vaccine mandates, etc.

Before the pandemic, you probably wouldn’t have thought that any of this was possible. But it all happened. When you think of it in that light, you begin to understand that some type of social credit system in the U.S. really isn’t that far-fetched.

It might not be as extreme as China’s system. It’ll all be made to sound very benign, even necessary, to support “our democracy” against MAGA types, white supremacists, climate deniers and domestic terrorists.

As Ronald Reagan said, “If fascism ever comes to America, it will come in the name of liberalism.”

But this system would operate on the same principles as the Chinese system. Consider this hypothetical case…

Welcome to the 15-Minute City

Greenies want to mandate “15-minute cities” where you can walk everywhere in town within 15 minutes, which means you won’t need your car to visit a doctor, dry cleaner, grocery store, pharmacy or any of the other locations we routinely visit for errands and necessities.

That may sound attractive if you chose it voluntarily. But that’s not what the greenies have in mind. They want 15-minute cities as a Trojan horse to eliminate automobiles entirely and force you to ride bicycles or use public transportation. In the end, you’ll need a permit to fly to another city.

The permits will be rationed and you’ll have to put yourself on a waiting list until your turn. You can pay for your ticket with the new central bank digital currency, assuming your social credit score is high enough and you didn’t vote for the wrong candidate in the last election.

In this vision, citizens will be confined to small towns or cities for extended periods. Travel will be tightly restricted. Appliances will be downsized with no consumer choice allowed. Taxes will be imposed on targeted activities to discourage use.

Education will be turned to indoctrination to raise a generation who believe in the climate lies needed to gain support for these measures (that kind of indoctrination has been underway for some years).

It’s coercive, restrictive and arrogant. It’s a world where the elites control everything and you do as you’re told. It’s a world based on lies and fear.