Post by
Symbiotic on Jan 20, 2024 9:48am
Pricing
With a CBDC pricing or even viability of a given item or thing will be by dictate not by supply/demand/ market forces. If everyone was on it and they said no one can buy twinkies the pricing power of the Twinkie would go to zero as would it's market viability. Just an example but it would apply to anything bought or produced. If inflation were to effect an item via demand they could just restrict purchases of it. There are plenty of angles on the concept. Excercise of your free will on a free market would be gone and replaced by dictate's. The final theft of everything and completion of the systems nature.
Comment by
MaterialsMan on Jan 20, 2024 9:56am
If Trump gets elected, there will be no need for concern about CBDC for a few years. He has stated emphatically that there would be no digital currency under his watch.
Comment by
Symbiotic on Jan 20, 2024 10:14am
It's up to the individual, not Trump or any other saviour. They may slow or stall a direction but not eliminate the prospect or trajectory. As you said for a few years perhaps. It's about defeating the devil, not just slowing him down for a bit.
Comment by
MaterialsMan on Jan 20, 2024 2:26pm
Not sure if BRICS+ may have a say in this. I have no idea what their policy regarding digital currency is. Four more countries have joined BRICS+ for sure. Saudi Arabia is sitting on the fence.