The Federal Reserve is making moves to implement a Chinese-style social credit system in America, under the guise of saving the planet from “man-made climate change.”
The Federal Reserve’s “pilot exercise” will begin next year. The exercise will act as a trojan horse to roll out a Chinese Communist Party-like social credit score system.
The Dossier reports: Here’s some more detail about how we can expect this “pilot exercise” to move forward in the coming months.
In all likelihood, The Fed will follow in the footsteps of the Eurosystem.
In January 2022, the European Central Bank (ECB), which manages the Euro, launched its own climate “stress test.”
This quickly resulted in a July 2022 “climate action plan” to “include climate change considerations in the Eurosystem’s monetary policy framework.”
Over the span of just 7 months, the ECB transformed their monetary policy to “support the green transition of the economy in line with the EU’s climate neutrality objectives.”
In order to “decarbonize” the European economy, the ECB will proceed to “limit the share of assets issued by entities with a high carbon footprint.” The ECB will also limit the borrowing power of institutions that are not considered carbon compliant.
The Europeans now, suddenly, have a “green” Social Credit Score system.
Will The Fed follow suit?
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