July 16, 2022
Central Bank Digital Currencies Are Coming – What Will the Consequences Be?
“Currencies are the lifeblood of trade and the economy; if a currency fails, the entire economy fails.
Yet, most people rarely think about the health or buying power of the money in their pocket. People don’t research how often currencies actually falter and how common it is for inflation or stagflation to strike nations.
They just assume that the money they have will be as useful tomorrow as it is today.
They also assume that money will never change in a dramatic way.
This lack of interest in how money works is likely due to the fact that people are not taught how their money is created.
It’s not discussed in schools, the truth is avoided in colleges and the mainstream news rarely mentions it.
People think our government and treasury handles all of that, but the reality is that our government does NOT create our money; at least, it’s not in charge of the process. Central bankers are”
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