SHOCKING ADMISSION: New CBDC Currency Coming as Tool of Control

“A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained. “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
“By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
"With the current grim security situation in #Ukraine, China's Ministry of Foreign Affairs and Chinese Embassy in Ukraine on Sat urge Chinese citizens in the country to enhance safety precautions and evacuate. The Embassy will assist in organizing the evacuation of people in need. Economy is slowing globally, cuts and shortages of energy and food becoming more apparent, rising interest rates in response to higher inflation. We have to understand what our future is and what we’re going to do about it.
Interest rates and mortgage rates are climbing very high. People cannot afford to pay their debt. This puts downward pressure on prices. If too many people are in this scenario, it will unravel quickly. If rates come down soon, it's not as big of a concern.
Mortgage rates have gone too high for most people. Prices cannot accelerate in this environment.
Total slowdown begins but those on the fringe will fail.
Watch for true excess, extremes, leverage, and desperation. All will be apparent as rates remain elevated.
If the Fed sells too many MBS, this will create major disruptions because no investors want to buy it, especially when they’re selling.
Stay away from getting into big debt, leverage, or margin at this time.

TOPICS AND TIMESTAMPS:
Global Recession First 0:00
Then Major Dependence 4:49
CBDC Comes Next 7:39
Summary and Solutions 10:36

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