As I have said, when the Federal Reserve created its own digital currency and accepts its first consumer deposit account, the U.S. Treasury will be obsoleted and Congress will lose all control over creating money and coinage. This means that one private banking monopoly controls the entire monetary system.
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Patrick Wood is a leading and critical expert on Sustainable Development, Green Economy, Agenda 21, 2030 Agenda and historic Technocracy. He is the author of Technocracy Rising: The Trojan Horse of Global Transformation (2015) and co-author of Trilaterals Over Washington, Volumes I and II (1978-1980) with the late Antony C. Sutton.
