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Eisenkot targets Netanyahu's new cash plan

The Yashar leader released a video arguing that Israel's potential shift to digital finance puts 150 billion shekels of savings in jeopardy.

By Gabriel Qureshi ·

Illustration for: Eisenkot targets Netanyahu's new cash plan
Illustration generated for this article, not a news photograph.

Gadi Eisenkot, chairman of the Yashar party, released a campaign video on Saturday that puts the government's financial contingency plans directly in front of voters. The former IDF chief of staff argues that Prime Minister Benjamin Netanyahu's recent comments suggest a move toward digital currency is a sign of economic distress rather than preparation. For ordinary households, the message is that their savings could be vulnerable if the state shifts how it handles money.

The video centers on remarks Netanyahu made during an earlier interview with Channel 10. In that segment, the prime minister stated that Israel must prepare for an alternative economy due to the volume of international sanctions the country faces. He confirmed that digital finance would certainly be part of this strategy and noted that he had already requested a plan for it. Eisenkot uses these specific quotes to frame the government's approach as a reactive measure to isolation.

The Yashar campaign labeled the proposed digital mechanism Bibicoin. Eisenkot argued in the video that relying on such a system would destroy the country's economic structure. The clip claimed the new setup would create an economy similar to those of North Korea and Iran. It listed specific sectors that would suffer, including high-tech, healthcare, and national security. The video warned that the global high-tech industry might stop investing in Israeli companies if digital currency became the only available method for transactions.

Eisenkot also addressed the issue in a separate post on X. He wrote that Netanyahu admitted his policy would lead to international isolation and sanctions that would shake the economy and the market. He described this trajectory as a collapse of national security. The former IDF chief urged the public not to let the prime minister burn through their savings in the process.

The political exchange places the government's contingency planning at the center of the current debate. Eisenkot relies on Netanyahu's own words from the Channel 10 interview to support his criticism. The video and post aim to frame the financial shift as a step toward economic surrender, challenging the narrative that the government is merely preparing for external pressure.

Source: The Jerusalem Post

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