Beware, California Governor Newsom may be putting the con out there by putting out a NEW California Currency to be ahead of all of this foreign currency exchange and the Federal Reserve shutdown.
“As of 30 May 2024 States can legally obtain their own gold backed currency and bypass the Federal Reserve.”
Gavin Newsom may be the Knight in the DS system chess game and may have already been prepared for the Federal Reserve shutdown with the US Note soon to be available, but with the words now out there the ‘States can legally obtain their own gold backed currency’ California may be the biggest con state around with 11% of the USA population and the most banks in the country to take advantage of this.
If you are in California it will be no big of a deal with replacing one fiat currency with another fiat currency, but Newsom has more control here.
Foreigners coming here from the Western Pacific will most likely come to California first and then have to exchange their currency in some fashion.
Thinking ahead, Newsom could just make an announcement to apprise the people of ‘States can legally obtain their own gold backed currency’ and put out an already made NEW California Currency, which has taken maybe a year to prepare for, and then force all Californians to use only the NEW California Currency.
Since the delays have been going on so long for the foreign currency exchange to happen now Newsom has a better chance of putting out the NEW California Currency to get We The People to exchange their foreign currency with the NEW California Currency and bypass the upcoming USN.
Newsom may just push for the RV here in California and get everyone to exchange their foreign currency at a lower rate than if they waited for their 800 numbers and then Newsom tries to make a profit on the higher rate when the state exchanges them.
This is where the NEW California Currency is put out by the banks and to businesses to exchange for the FRN, but also anyone here in THE STATE OF CALIFORNIA must exchange their FRN for this NEW Currency, which is really worthless, and Newsom keeps all the rewards.
This paper currency is to force people to use the CBDC as people will be confused, but the digital currency will be accepted anywhere, but the NEW California Currency can only be used in California and not in other states.
The US Treasury will allow this to take down Newsom and California and make a point to everyone of what could happen in all other states. The NEW California Currency will not be gold backed while Newsom is in office, but people will think it is.