...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
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.