Imagine a world where you can't buy anything without the (implied) consent of the state, where every transaction is recorded and stored forever in a database that the government controls.

A world in which you could be forced to buy things the state favors or be excluded from those the state doesn't like.

A world where money no longer buys freedom, but is a means of total control over your every decision, action and movement.

This world may be closer than you think. Big brother is watching, and this is just the beginning:

https://carlbmenger.substack.com/p/cbdcs-a-brave-new-world

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I think we've lived closer to this for much longer than we think. What's impressive is how much freedom our overlords grant us. They'll only show their power if challenged to such a level. It's coming.

Well, our "freedom" was so cool because we were their closest, obedient, and civilized servants, like the slaves who make up their beds, brush their hair, and serve dinner. But look at the slaves that are further away from their eyes: africa, south and central america, china, india, vietnam, cambodia, ukraine, illegal US immigrants, to name a few. And there are many more of them than there are of us.

During one of his recent speeches Putin mentioned something about the golden billion (I assume referring to the 1st world countries). I do not remember his exact polite words, just a summary recorded in my brain: fck your golden billion, you're done.

No need to imagine, and no need of CBDCs for this to happen. A mild version you can come see for yourself now in some EU countries:

- by law salaries must be deposited to bank accounts, cannot be paid in cash

- banks apply limits on how much each person can cash out or transfer to other accounts, no matter if your own or smb else's. Limits are subjective based on each person's income. Bank applies them unilaterally, the account holder has no say in it. Client can apply for temporary increase of the limit, but must provide good reasoning, and the origins of his funds will be scrupulously doublechecked by the bank before they approve.

- this happened since covid, and since then banks replaced all their consultants with ultra low IQ brainwashed idiots, so do not expect to find reason there.

Thank god for Binance card, Revolut, and banks in other EU countries that retain more reasonable banks still.

For a full blown version of this utopia, also no need to look into the future and CBDCs. Those who had a chance to see Soviet Union from the inside know what I am talking about. That absolute level of control was achieved with no CBDCs anywhere on the horizon. In Soviet Union thank god for corruption. It was the only escape and it worked because individuals everywhere were not brainwashed idiots, nobody believed in communism, party nor Soviet Union. Unlike banksters today.