“In any society with huge wealth disparities like the U.S., creditors are always terrified that debtors will get control of the monetary system, print tons of money, and destroy the value of the creditors’ financial assets.”
That was enlightening. Sounds like a caste system.
But it wouldn’t be a problem if the money was backed by gold.
You get a gold star ⭐️ for the day!
This is also why they want the CBDC so badly.
My correction here is more accurate.