"The entire process unfolds over years, not days. Or weeks. "
Yes. So far. But there is such a thing as a tipping point. The straw of government intervention that breaks the back of the private sector economy? I'm not saying "Apocalypse Now" but it seems there is real possibility of "Apocalypse 2025."
"The entire process unfolds over years, not days. Or weeks. "
Yes. So far. But there is such a thing as a tipping point. The straw of government intervention that breaks the back of the private sector economy? I'm not saying "Apocalypse Now" but it seems there is real possibility of "Apocalypse 2025."
If a huge financial crisis is precipitated in 2025, the U.S. government will almost certainly fire up the CBDC plan that the Fed really has been developing, to distribute "stimulus" money.
I don't think it's fear-mongering to claim that a CBDC would be the doorway to ending the private sector economy and replacing it with a government controlled command economy. It’s not an eschatological fantasy. That transition has been done many times in other nations.
"The entire process unfolds over years, not days. Or weeks. "
Yes. So far. But there is such a thing as a tipping point. The straw of government intervention that breaks the back of the private sector economy? I'm not saying "Apocalypse Now" but it seems there is real possibility of "Apocalypse 2025."
If a huge financial crisis is precipitated in 2025, the U.S. government will almost certainly fire up the CBDC plan that the Fed really has been developing, to distribute "stimulus" money.
I don't think it's fear-mongering to claim that a CBDC would be the doorway to ending the private sector economy and replacing it with a government controlled command economy. It’s not an eschatological fantasy. That transition has been done many times in other nations.