You’re right, but this is all about the transition to a cashless society and government confiscation of your remaining savings (after multiple tax grabs) through negative interest.
Until one day there’s a blip and poof! your account or the US Treasury is suddenly at $0 balanace.
“this is all about the transition to a cashless society and government confiscation of your remaining savings (after multiple tax grabs) through negative interest.”
Yes, that, and the establishment of a tyranny the like of which has never been seen before.
Logan’s Run? Soylent Green? Imagine how life will be when you can’t even get a drink of water unless your chip allows it.
Have you seen those old photos of Chinese people who were put in wooden wheel collars around their necks so that they couldn’t lift food or water to their mouths? This will be so much more efficient. The computers will even tell them if anyone else is getting extra rations to give them.