Print the page
Increase font size

Posted November 22, 2022

Matt Insley

By Matt Insley

Biden Bucks Have Arrived

Here at Paradigm Press, we’ve been writing about central bank digital currencies for the better part of this year.

Or maybe I should say we’ve been warning about it. Our macro expert Jim Rickards has a credible thesis that a U.S. CBDC, what we call Biden Bucks, will replace physical cash sooner than anyone expects.

Jim’s made a compelling case that’s caught nationwide attention. Biden Bucks is coming even though it may sound far-fetched at first, according to Jim, and it poses a grave danger to you and your financial privacy.

So the flurry of headlines on digital currencies this week didn’t catch me by surprise…

Reuters: “Banking Giants and New York Fed Start 12-Week Digital Dollar Pilot”
WSJ: “The U.S. Needs a Better Digital Dollar”
Seeking Alpha: “The Digital Dollar: Here It Comes”

Today, I want to share what Jim wrote this week as yet another one of his big predictions has come to pass before our eyes…

Send your opinions to, feedback@newsyoucanacton.com

Your Rundown for Tuesday, November 22, 2022...

The Only Way Around It?

First, Jim dropped a reminder about why this development should worry us. A central bank digital currency allows unprecedented government monitoring of our behavior.

“If the government knows exactly what you’re buying, to whom you’re making donations and, by extension, what you’re reading based on which books you buy, etc. then we have come very far down the road toward thought control, censorship, selective law enforcement against political enemies and a government that looks like the state ruled by Big Brother in George Orwell’s Nineteen Eighty-Four (1948).

“One objection I’ve heard to these warnings about government control is, ‘Oh, that will never happen here,’” Jim continues. “Sorry, it’s happening now.”

That pilot program in New York that Reuters reported?

“A pilot project is not research and development. That’s already done. The pilot means Biden Bucks are here, and the backers just want to test the plumbing before they roll the system out on the entire population.

“Once the CBDC is rolled out, the government will order citizens to hand in their physical paper cash which will be burned in incinerators. At that point, the pigs (all of us) will be in the slaughterhouse ready for the digital slaughter of negative interest rates, account freezes, tax withholding and outright confiscation for those with the wrong political views.”

Okay, so what can Americans do to protect themselves?

“The only way around this is to start acquiring gold and silver coins, if you don’t have them already. One ounce of silver American Eagles and ¼ ounce (8 gram) American Gold Eagles are the best form of money for day-to-day transactions. Get ready; here comes Big Brother...

“If you find it intimidating to get started, let me help you – open an account with the Hard Assets Alliance today.

Full disclosure? Our firm partners with Hard Assets Alliance, so you can assume we take a small cut of any purchases. But prices are among the best in the business.

Market Rundown for Tuesday, Nov. 22, 2022

S&P 500 futures are up 0.25% to 3,960.

Oil is up over 1% to $80.88 for a barrel of WTI.

Gold is up 0.35% to $1,745.70 per ounce.

And flagship crypto Bitcoin is up 1.70% to just over $16,000.

Send your comments and questions to, feedback@newsyoucanacton.com

 California’s Dirty Supply Chain Secret

California’s Dirty Supply Chain Secret

Posted December 02, 2022

By Matt Insley

We follow-up on how California’s AB5 has exacerbated supply-chain snarls…
 Escape from Los Angeles

Escape from Los Angeles

Posted November 30, 2022

By Matt Insley

We are a republic of states, and one state’s loss might be another state’s gain.

The USD Weakens

Posted November 29, 2022

By Matt Insley

As the USD Weakens
China Protests: One Stock to Watch

China Protests: One Stock to Watch

Posted November 28, 2022

By Matt Insley

Anti-Covid lockdown protests erupted across China, but there’s one stock price to watch that could tell us if China is truly ready to pivot.

Two Holiday Gifts for Investors (and Shoppers)

Posted November 21, 2022

By Matt Insley

“This year will be a very interesting season both for holiday shoppers… and our investments in retail companies,” says Zach Scheidt.
Russia Scrambles GPS

Russia Scrambles GPS

Posted November 18, 2022

By Matt Insley

“The Russians have totally kicked electronic warfare into high gear,” says Paradigm’s geologist and formal U.S. Naval officer.