A prominent German economist says central banks plan to concretize central bank digital currencies (CBDCs) in the form of microchips implanted under the skin, a technology that would enable absolute government control over personal finances.“I was taught by a central banker [that] the CBDCs look like a small grain of rice that they want to put under your skin,” said professor Richard Werner, who devised the now widely used (and according to Werner, abused) bank practice of quantitative easing, in a recent interview with Ivor Cummins. Central bank digital currencies, in contrast with other forms of digital currency used today,...
