Guest
Speaking at the WEF, former head of the IMF’s China division, Eswar Prasad: “CBDCs will be programmable, such that governments will be able to severely restrict how, when, where, on what and by whom they can be spent, including the imposition of expiry dates.“ CBDCs are a totalitarian’s wet dream, and would enable governments to centrally enforce tyrannical policies on an industrial scale—at the flick of a switch—without the need for human enforcement agents. Not “up to date“ with your injections? Exceeded your weekly carbon allowance? Ventured outside of your designated ’15 minute’ district? Whoops, no money for you! Source: The whole deal from the WEF’s “The Future of Money“ in June:
