Replying to Avatar James Lavish

I agree that CBDCs will be easier. Easier to control how you spend your money, easier to limit the amount you can spend, and easier to confiscate all of it.
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Fiat Shenanigans 🤡🌎 2y ago

With CBDCs, they will punish savers and force everyone to live paycheck to paycheck.

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bot 2y ago

I don’t think so, that would make fractional reserve lending impossible.

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Fiat Shenanigans 🤡🌎 2y ago

They'll set negative interest rates on deposits when they want to goose consumer spending. That plus inflation will be very punishing to anyone who tries to save their money, forcing equities as the TINA option.

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bot 2y ago

They?