Chat with us, powered by LiveChat

CBDC - It's Not a Conspiracy It's an Agenda

John Galt

Updated: October 27, 2022

private data digital
Editor’s Note:
  • EDITOR'S NOTE: There are two sides to CBDCs. The first shows the face of digital progress, optimized convenience and efficiency, and continued dominance in the global monetary system. The second side is much darker. The world is going digital. Fiat money is no exception to digitization. CBDCs are a form of digital fiat money. They will be controlled by central banks; in our case, the Federal Reserve. Americans will not need to have an account at a commercial bank for all CBDCs will be stored with the Federal Reserve. They eradicate financial privacy. They’re controlled by the central bank and the government. Both can intrusively track and monitor every dollar you save and every dollar you spend. More frighteningly, the Fed can impose negative interest rates so that any money sitting in your account will begin to depreciate the longer it remains unused. The bottom line here is that your financial freedom and privacy will be 100% gone. CBDCs are not a conspiracy. It's a real agenda.

Source: Visual Capitalist

No Investment Advice

GSI Exchange is a publisher and precious metals retailer. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Content on the Site is provided for information purposes only, and none of the information contained on the Site constitutes an offer, solicitation or recommendation to buy or sell a security. You understand that the GSI Exchange receives neither monetary or securities compensation for our services. GSI stands to benefit from the sell of retail cost precious metals on this site. To avoid hidden costs all prices are listed live 24/7 on this site. Read the full disclaimer

GSI Exchange Infokit - evergreen



Precious Metals and Currency Data Powered by nFusion Solutions