[they] don't care about solving OUR problems. [they] only care about cementing [their] power and grip on society. The CBDC allows for near total domination, especially once you consider the coming social credit system. Once those two are fully in place, the real fun begins.
They can enact negative interest rates so you will be punished for trying to save your money and be forced to spend immediately after a paycheck.
This allows them to kick the can down the road will still wildly spending like they do right now. They will also have complete control over everything you buy, where you buy it, how much you have, so they can start to slowly starve off the dissenters.
Why would CBDC be required to enact negative interest rates when several countries around the world have already historically had negative interest rates without using CBDC?
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?
[they] don't care about solving OUR problems. [they] only care about cementing [their] power and grip on society. The CBDC allows for near total domination, especially once you consider the coming social credit system. Once those two are fully in place, the real fun begins.
Right... but what I meant is that their system is breaking... so how will switching to a digital currency help them with their broken system?
They can enact negative interest rates so you will be punished for trying to save your money and be forced to spend immediately after a paycheck.
This allows them to kick the can down the road will still wildly spending like they do right now. They will also have complete control over everything you buy, where you buy it, how much you have, so they can start to slowly starve off the dissenters.
Why would CBDC be required to enact negative interest rates when several countries around the world have already historically had negative interest rates without using CBDC?