Please pardon any weird typos; I'm writing this with voice to text.
I think this inflation/hiking whipsaw cycle has been specifically about CBDC, but not in the obvious "collapse the USD to usher in CBDC" sense; something more complex and interesting.
Here's what I think the plan looks like:
- Create high inflation in many currencies
- Whipsaw into a tightening cycle (last year)
- Keep going until there is a dollar shortage (now)
- Prop the US economy up with cheap oil, via the SPR (now)
- Let the dollar shortage gets so bad that a large scale USD, et al, counterfeit operation begins to manifest, globally (think trillions)
- Determine that the only solution to this scale of counterfeiting is to turn in all of the paper money and scan the serial numbers on the way in, paying people out, even if they have a certain amount of counterfeit money, as long as they can show that they acquired this money legally
- Determine that the only way to achieve step six is via a new token system that will resemble CBDC which circumvents IBS
- Those who did not buy gold before this event will be permanently enslaved, and even those who did buy gold (or silver) will be hard pressed to live outside of this system
- I can imagine a scenario where all of this happens at the same time as 15 minutes cities, bird flu, and World War III, so get ready to be living in a world that makes Blade Runner look like The Swiss Family Robinson
I hope you're right. I think CBDC gives the government so much control, though, that I can't imagine anything they would want more than to implement it.
Will Biden still be able to launder money to crackhead Hunter through Ukraine under a CBDC system?
It wont be like btc, they will just type a number to magic more cbdc and send em where ever they want
lol, but real talk, the people that run the Biden deepfake simulator work for the people who will own the CBDC.
Do they have a choice? They’re all dependent on international trade and the singular global financial system already.