CBDC - Central Bank Digital Currencies

[gfp927z]

Ed Dowd has an interesting take on what's ahead (video below) --

He says that at the depth of the coming recession they will roll out the CBDC, combined with a 'universal basic income' scheme to insure public support for the otherwise unpopular CBDC. At the same time, bank consolidation will also help usher in the CBDC.

Dowd sees a recession starting in Q3-Q4 this year. He points out that the M2 money supply growth yoy has actually dropped 5%, and this hasn't happened since 1930. So liquidity in the system is falling fast. He is actually predicting deflation to begin as early as Q1-24, associated with a lot of economic chaos, and that's when they will introduce the CBDC, during the maximum amount of fear.

He says this is basically the collapse of the monetary system. They know the current system is nearing the end, so they install this new CBDC system on top to maintain control. He says the new CBDC system creates incredible amounts of social control, and it is rolled in while the public is in economic turmoil.

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