Over the last couple days I made some videos about the challenges CBDCs are going to face..
In this video I discuss how there are legal challenges especially for the United States and the Fed. This could also lead to literal challenges as court cases are filed.
▶️ 3Speak
I think the goal of those associated with the WEF is to bankrupt western republics so that the laws can be nullified or ignored (become unenforceable due to court clerks walking off the job, etc). With BRICS adoption, large numbers of USD could be headed home worsening inflation (if those bills somehow make it to retail markets). It would be nice if those returning debt instruments would just make certain sections of our corrupt gov unable to fund more crime.
If CBDC's don't happen soon they probably never will. Once the currency stops working, the people won't be waiting around for another solution. They will be making use of current solutions that are already in operation, because to wait is to starve.
We're also different from Venezuela in that most still have their guns. It will make it difficult for US politicians to do what Maduro did.
I would agree with your assessment of the WEF goal. That is the push for climate change. Jamie Dimon's recent statement about the gov't taking private property to build solar and wind farms reveal what is taking place.
As for the BRICs, do not believe for a second the USD is not still there. We have over $1.5 trillion in banknotes outside the US. The govt's might turn away but the people will still use the banknotes.
Remember, the Eurodollar system has no currency in it. And we are dealing with a USD shortage.
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Clif High has said that after the FRN (Federal Reserve Note) goes bust due to derivative implosion that there probably be a new reconstituted US dollar that's not property of any central banks.
He also said that for a time after the bank crash, those pieces of paper (not one's and zeros on a computer) might actually increase in value due to the relative scarcity of the paper form.
Those CBDS really make you work, Schumer should retire 20 years ago.
You could say that about 75% of the US Senate.
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America's highest payed old folks home
It's going to take a while for CBDCs to come out and work as intended. I think there are going to be a ton of hurdles before it even goes live because there are a lot of interests that will be hurt by this. I also don't think the banks will accept it that easily either.
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No they will not. There are a lot of layers to all this.
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Cashless is Wreckless
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