So, what I still don't understand is how a movve to digital currency fixes everything? Such a fix might apply to how to manage the monetary system going forward... but AFTER the calamity of working through the debt crashes.
I mean, 34.5 Trillion doesnt just go away because a digital currency was issued. So how do the countries caught up in global debt swallow this lump of debt?
How are corporations impacted? State and local govs? Small businesses? Average people?
I guess I am just wondering about those of us who have a mortgage, and a car payment, etc., and we get paid by our employer, and yada, yada... and a whole bunch of banks and corporations and governments get their debt bailed out or written off in the reset (and those who made the loans get screwed) but mine just gets moved to a new holder... I just am not understaning how a digital currency comes with no pain.
So, what I still don't understand is how a movve to digital currency fixes everything? Such a fix might apply to how to manage the monetary system going forward... but AFTER the calamity of working through the debt crashes.
I mean, 34.5 Trillion doesnt just go away because a digital currency was issued. So how do the countries caught up in global debt swallow this lump of debt?
How are corporations impacted? State and local govs? Small businesses? Average people?
The CBDC's/UBI will only be issued to the "useless" (compliant) eaters
I guess I am just wondering about those of us who have a mortgage, and a car payment, etc., and we get paid by our employer, and yada, yada... and a whole bunch of banks and corporations and governments get their debt bailed out or written off in the reset (and those who made the loans get screwed) but mine just gets moved to a new holder... I just am not understaning how a digital currency comes with no pain.