I assume that the plan of the elites is that all reserve currencies will be decimated at the same time, and the digital currency will be forced to replace all the others. I also assume they will have to force the world to take it by controlling the supply chain and world military. Because anybody who wants to can see they are destroying the economy on purpose.
There is the SDR of the IMF. So Western WEF countries can release a sigh of relief.
However, ... for those countries not interested in another Deep State control mechanism, they can simply make bilateral trade agreements based on their own currency interest, and for cross border settlement, set up a different scheme.
However, in a currency war, with the several economical systems at war, it is easy to see how a resource based economy is better off.
You do not need a reserve currency. STATES and big corporations use it to hedge their bets and to extract more value from the People of the country who's currency is considered reserve currency. It is a money making scam, at the detriment of the locals.
Currency is paper, and in the majority of cases 1 and 0 in a database. Erase the database, and the currency comes to an end, and then only three items remain:
Ready to go, but doesn't exist as I understand it? Then they'd make up the rules as the 'emergency' required sudden implementation. The probably already have the emergency named. Then hold up the supply chain and food until you take the digital mark?
I assume that the plan of the elites is that all reserve currencies will be decimated at the same time, and the digital currency will be forced to replace all the others. I also assume they will have to force the world to take it by controlling the supply chain and world military. Because anybody who wants to can see they are destroying the economy on purpose.
There is the SDR of the IMF. So Western WEF countries can release a sigh of relief.
However, ... for those countries not interested in another Deep State control mechanism, they can simply make bilateral trade agreements based on their own currency interest, and for cross border settlement, set up a different scheme.
However, in a currency war, with the several economical systems at war, it is easy to see how a resource based economy is better off.
You do not need a reserve currency. STATES and big corporations use it to hedge their bets and to extract more value from the People of the country who's currency is considered reserve currency. It is a money making scam, at the detriment of the locals.
Currency is paper, and in the majority of cases 1 and 0 in a database. Erase the database, and the currency comes to an end, and then only three items remain:
They already have the CBDC all ready to go. Just need the sheep to accept it.
Ready to go, but doesn't exist as I understand it? Then they'd make up the rules as the 'emergency' required sudden implementation. The probably already have the emergency named. Then hold up the supply chain and food until you take the digital mark?
IMO a reserve currency is terrible for trade balance.