A Fed-sponsored digital currency is probably already on its way...as the "fourth branch" of government, this may be as close as you ever get to "public banking"

A Fed-sponsored digital currency is probably already on its way...as the "fourth branch" of government, this may be as close as you ever get to "public banking". The public will soon learn that public banking means your personal account is a policy instrument. Need to stimulate the economy? Just tell everyone that no accounts will be permitted to have a balance over $2k by Friday at midnight. Either spend the rest or lose it, up to you. Or maybe you owe child support. Or maybe you haven't paid a parking ticket. Or maybe you attended a "riot". All of which may be "legal" reasons to deduct funds. Its all digital so you can't stop it. The possibilities are endless. I suppose the upside is it will require a phone, so you'll get a free burner Android phone if you want one.