Money is backed by that future labor (debt).
Money is a "claim" on that future labor.
There are still ways to use Federal Reserve Notes (FRN's) in a way that they don't act as debt - which can be done by keeping them out of the banking system and treating them as a "claim on completed labor".
With CBDC, there is no more tangible currency.
There is no more possibility of treating money as anything except the claim on debt that it is.
Our last vestige of honest money will disappear.
It will simply be a game of who owns your future labor. Of who owns the future labor of your family. Of who owns the future labor of your state. Of who owns the future labor of your nation.
What is the desire of those perpetrating this debacle? Is it to become even more wealthy?
No - their goal isn't "wealth". Instead, it is power - being defined as controlling the future actions (labor) of other.
This is a main goal of mankind. To have power and control over others.
[This is a main goal of mankind. To have power and control over others.]
It worked for Adolph Hitler. For awhile
Especially 1938-1945