Their system's problems are. ..them. No system is perfect, but Ill let the money wonks go over the specific pros and cons of any particular system. Just note that even a fiat system left to its own devices and the general capitalist market will find a state that functions well for the system.
They create laws that manipulate the system for their own gain and then snap the rubber band when its most advantageous to their power or money plays.
The boom and bust roller coaster with ever heightening busts is by design so that they can put their next level of control on you. They are still in charge when its over (more so!) and they still control the government workers, so who really suffers?
Only us. The Theys get what they want and walk away without a scratch.
It won't be fixed but they'll have complete control to keep kicking the can down the road.
They want CBDCs to enact negative interests rates. That way you can't cash out of the system or be able to save, you'll have to spend immediately.
With CBDCs, they can further conceal all purchases they makewhole seeing everything you purchase, program how much money you can have, where you can spend it, what you can spend it on, etc.
In order for them to kick the can down the road while still spending like they do, they'll have to starve the public with negative interest rates and take complete control over all of our finances.
That make sense, too. But again, their system won't be fixed by switching to a digital currency. Or am I just not understanding something?
Their system's problems are. ..them. No system is perfect, but Ill let the money wonks go over the specific pros and cons of any particular system. Just note that even a fiat system left to its own devices and the general capitalist market will find a state that functions well for the system.
They create laws that manipulate the system for their own gain and then snap the rubber band when its most advantageous to their power or money plays.
The boom and bust roller coaster with ever heightening busts is by design so that they can put their next level of control on you. They are still in charge when its over (more so!) and they still control the government workers, so who really suffers?
Only us. The Theys get what they want and walk away without a scratch.
That makes a lot of sense. Thanks for explaining!
It won't be fixed but they'll have complete control to keep kicking the can down the road.
They want CBDCs to enact negative interests rates. That way you can't cash out of the system or be able to save, you'll have to spend immediately.
With CBDCs, they can further conceal all purchases they makewhole seeing everything you purchase, program how much money you can have, where you can spend it, what you can spend it on, etc.
In order for them to kick the can down the road while still spending like they do, they'll have to starve the public with negative interest rates and take complete control over all of our finances.
Well, time for WH's to punch it over the goal line and win.
Lol they will try