What kind of crash. It is already crashed. Hyper inflation, mounting debt, and recession. To jink the markets would take something else unprecedented. An act of war or a catastrophe so big it prevents, interrupting trading. Otherwise it continue to float invest and eek out its bullshit projections turning over any growth. It currently has recessed, but not enough to halt trading banking investment and expenditure.
So no. CBDC will work alongside currency. Otherwise how the hell does that work. It doesn't. Why are you paying more than an African? What value are your goods and services. Can you tell me what your currency is worth if CBDC doesn't work alongside national currency as another central banking exchange? It's another stupid credit card exchanging into the national rates and taxes, buying digital services. It isn't replacing currency, it is simply being incorporated into it, if indeed it becomes useful.
Perhaps Corps come off better from it look at the exemptions it offers, they seemingly can skirt taxes easier. You just gain more debt. Imagine it. A bunch of moody services where sooner it moves more online than it already is. These faster cost right. How many more pointless services does it take to get anything to work and steal your money. More so than a credit card.
What kind of crash. It is already crashed. Hyper inflation, mounting debt, and recession. To jink the markets would take something else unprecedented. An act of war or a catastrophe so big it prevents, interrupting trading. Otherwise it continue to float invest and eek out its bullshit projections turning over any growth. It currently has recessed, but not enough to halt trading banking investment and expenditure.
So no. CBDC will work alongside currency. Otherwise how the hell does that work. It doesn't. Why are you paying more than an African? What value are your goods and services. Can you tell me what your currency is worth if CBDC doesn't work alongside national currency as another central banking exchange? It's another stupid credit card exchanging into the national rates and taxes, buying digital services. It isn't replacing currency, it is simply being incorporated into it, if indeed it becomes useful.
What kind of crash. It is already crashed. Hyper inflation, mounting debt, and recession. To jink the markets would take something else unprecedented. An act of war or a catastrophe so big it prevents, interrupting trading. Otherwise it continue to float invest and eek out its bullshit projections turning over any growth. It currently has recessed, but not enough to halt trading banking investment and expenditure.
So no. CBDC will work alongside currency. Otherwise how the hell does that work. It doesn't. Why are you paying more than an African? What value are your goods and services. Can you tell what your currency is worth if CBDC doesn't work alongside national currency as another central banking exchange? Another stupid credit card exchanging into the national rates and taxes.
What kind of crash. It is already crashed. Hyper inflation, mounting debt, and recession. To jink the markets would take something else unprecedented. An act of war or a catastrophe so big it prevents, interrupting trading. Otherwise it continue to float invest and eek out its bullshit projections turning over any growth. It currently has recessed, but not enough to halt trading banking investment and expenditure.
So no.