CBDC: Where Are They Taking Us?

If you string together recent statements from entities like the Bank For International Settlements, IMF, Federal Reserve and other non-elected entities a frightening story emerges as Central Bank Digital Currencies (CBDC) are deployed to give Central Banks even greater powers, impose cross-border solutions (some would say a global currency) and remove more freedoms from society.

This is being talked about top-down as it were, without proper local consultation and buy-in. The future they portray is frightening.

To make the point I have pulled together material from a number of relatively difficult texts, but see the summary section in the contents section to cut to the chase.

[CONTENT]

0:00 Start
0:15 Introduction
1:25 BIS Report – Digital Money
6:25 BIS New Public Policy
8:30 IMF Future Of Money
15:00 Federal Reserve on CBDC
19:23 Literary Review on CBDC and Monetary Policy
24:50 Summary and Conclusion

Go to the Walk The World Universe at https://walktheworld.com.au/

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

Leave a Reply