...how is transitiong to a CBDC supposed to rescue the US monetary system?
There are obvious bad things about a CBDC. First and foremost, it is still under the control of a Central Bank. Second, all money transactions can be tracked... everything. Third, it allows the government to exert more control over your personal finances.
Beyond that, I still don't understand why they think a transition to a CBDC will alleviate all of the debt problems or inflation. Maybe it won't, and it's not meant to?
If anyone who has a grasp of this and can explain, I would be grateful. Thanks
It won't rescue anything, of course. They'll say whatever it takes- it's for your safety, etc., just like every other tyrannical measure taken or attempted.
Dave at X22 report has had daily financial episodes for years, apart from the Q episodes, where he explains the financial crisis in normal language, if you want to dig deeper. IIRC, he has some summary vids too for sort of a crash course.
Thanks for the tip on X22!
They will hype it as..... "it will reduce counterfeiting."
CBDCs are the Globalists' planned finance system when the current system fails, this is being driven by the Globalists/Communists via the WEF.
It is based on the severely flawed assumption that they will win,
Otherwise The Plan has other ideas and based upon the Idea that the BRICS system is already up and running and open for new members.
Yes cbdc is coming, but its the one where the white hats put legislation in that says there can be no limits on anything. Oh and by the way the digits will only be visible by transaction, only state signified . It will have a user directive, that cannot be seen, unless transaction is 6 figures or larger to protect fraud. You are gonna have 5 choices for money preferred. All will be accepted in a business, or they cannot get a low cost license. In MY DREAMS, may the best way survive. KAPLAH!