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Re: gfp927z post# 63

Wednesday, 07/02/2025 11:39:46 AM

Wednesday, July 02, 2025 11:39:46 AM

Post# of 94
>> no debt solution is possible from DC <<

The Dollar Stablecoin (ie CBDC) is actually the solution to the endless deficits. Once firmly in place, the Central Bank not only has control over monetary policy (% rates, money supply), but also fiscal policy (spending, taxing). This totally bypasses politics, Congress. Taxes can be extracted from the public at will, and annual spending levels by individuals can be reduced or increased as desired by the Central Bank. So just 'dial in' a balanced budget. The problem of 'capital flight' is also dealt with - money can't flee the country. Not surprising that so many countries are moving toward CBDC -

>>> As of the latest reports, 134 countries are exploring the development of Central Bank Digital Currencies (CBDCs), according to the Atlantic Council. This represents 98% of the global GDP. Within this group, 66 countries are in the advanced phase of exploration, which includes development, pilot programs, or actual launches <<<



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