It will not solve the problem but when the monetary system collapses and everyone in their bank loses their money, the CBDC will be designed to satiate their losses.
CBDC will instead lock in their compliance.
Remember their end goal is the CBDC for more control. They have to figure out how to get people to swallow the bitter pill.
If people lose their entire retirement and life savings, they may be more willing to take the CBDC poison.
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.
Amazing post and info. Thanks!
Question... in your last sentence before the resources you state that what comes next is a transition to CBDC.
How do they think that a digital currency going to solve their problem?
It will not solve the problem but when the monetary system collapses and everyone in their bank loses their money, the CBDC will be designed to satiate their losses.
CBDC will instead lock in their compliance.
Remember their end goal is the CBDC for more control. They have to figure out how to get people to swallow the bitter pill.
If people lose their entire retirement and life savings, they may be more willing to take the CBDC poison.
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!