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To: C210N

I see a harbinger of the end of the FED/MSM/Cabal petro fiat-dollar, and the ushering in of a PM-backed currency, with perhaps CBDC in the transition.
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PM and commodities based backing of cashless ( sovereign digital currency )-cash ( currency) will be history. People will rush into it when faced with losing savings, 401k’s, pensions. All other digital currencies ( Bitcoin etc) will be outlawed, governments hate competition.


13 posted on 05/02/2023 10:06:36 AM PDT by delta7
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To: delta7
People will rush into it when faced with losing savings, 401k’s, pensions.

By "it", I presume you mean CBDCs?

That is why CBDC is only a transition. As a 'fiat', it too will suffer inflation. There is no future for any fiat - the dollar or CBDC. It's taken 110 years for the FED dollar to inflate to its imminent crash. For a fiat CBDC, I think its crash will be relatively quick, as we become more fiat-savvy.

PM-based financial system is Constitutional. It is the only ultimate path for us as a civilized free society.

25 posted on 05/02/2023 10:28:58 AM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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