By Stacy M. Brown
Black Press USA Senior National Correspondent
The Trump administration’s economic experiment, rooted in chaos, crony capitalism, and unchecked digital surveillance, is pushing America toward a dangerous new frontier. It is a crypto-driven, cashless society that threatens to erase financial freedom for millions, particularly Black Americans and the working poor.
As the economy contracts and inflation rises, President Donald Trump’s aggressive tariff regime has already sent shockwaves through every sector. According to Fortune, Trump’s reckless tariff decisions have wiped nearly seven trillion dollars in market value, decimated small business confidence, and driven consumer prices to levels not seen in decades. Senator Brian Schatz of Hawaii warned that Trump is ruining the economy on purpose, pointing to middle-class families now paying an average of five thousand dollars more each year for basic goods such as cars, homes, groceries, and clothing. While Americans struggle with higher prices and shrinking savings, the Trump White House has quietly advanced a sweeping new financial system that merges state power, private crypto interests, and invasive data collection. In early 2025, Trump authorized a Strategic Bitcoin Reserve, incorporating the volatile cryptocurrency into official United States financial infrastructure. The Conversation reported that this hybrid model privatizes the issuance of money while keeping control of reserves under the executive...
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