You are ascribing malice or incompetence to the process. It is neither IMHO.
What better way to overwhelm international and national finance and create absolute superiority over markets than by destroying the dollar’s usefulness and replacing it with a Central Bank digital currency.
It would not have to be a one for one replacement. It could be a revaluing of the massive trillions of debt. Think of it as currency debasement and devaluation hidden in a new form of money.
destroying the dollar’s usefulness and replacing it with a Central Bank digital currency.
——
Exactly my thoughts. Years ago I read an MIT study ( funded by Obama ) on how to instate a digital currency ( cashless system)- that piece has been scrubbed from internet years ago but Cornell and MIT established “ think tanks” how to instate it.
…enter the much talked about “ Great Reset”. Armstrong, Sinclair, Holter, Schiffand many legendary greats have commented on how it will be done- it has to.
Western governments are mired in unpayable debt, they are bankrupt, and the clock is ticking. The common “ thought” among the financial greats is an “ event” will occur, a collapse in debt ( we are already witnessing this in US bond markets) instruments and the derivatives markets ) creates historic Panic.
We will be told a cashless system ( CBDC’s) will save your SS, Pensions, 401k’s, Retirements, Savings, etc…)…..like the Covid scam, everyone will rush to support it. Note this is in line with Biblical prophecy.
Many don’t realize Trump once discussed reorganizing our debt with the Federal Reserve- commonly done in business- called bankruptcy and “ reorganization “.
So the fact our government knows we are bankrupt with unpayable debt, and have already planned for a CBDC raises many questions…..all I know is it will be instated, and the US population will support it without question. Watch, the scam was proof.
That said, the MIT and Cornwall think tanks have worked out many details. For example, one paragraph stated CBDC kiosks will be installed in every US Post Office, “ Fair Banking for All” BS….the most frightening idea presented was the dissolving of the IRS( huge cost savings and huge public support)as the government will know everything about every single transaction and taxes will be automatically deducted from the digital accounts…..
All that said, this evil must be fought with every ounce of strength, even if threatened with losing your SS, Pensions, 401K’s……standfast….and start redirecting your cash dollar holdings into “ things”, property, PM’s, high end collectibles, etc….always the rule when entering high inflationary times.
Do not believe the government’s narrative. People were fooled with Biden’s Covid hoax and shutdowns , Biden’s Ukie war, and many other false narratives.
Unless extreme resistance is shown, it’s coming.