...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!