CBDCs Will Allow Governments To Control What You Can & Cannot Buy

Speaking at a World Economic Forum panel discussion in Tianjing, China, former head of the IMF’s China division, Eswar Prasad, outlines how Central Bank Digital Currencies (CBDCs) will be programmable, such that governments will be able to severely restrict how, when, where, on what and by whom they can be spent, including the imposition of expiry dates.

CBDCs are a totalitarian’s wet dream, and would enable governments to centrally enforce tyrannical policies on an industrial scale—at the flick of a switch—without the need for human enforcement agents.

Not “up to date” with your injections? Exceeded your weekly carbon allowance? Ventured outside of your designated ’15 minute’ district? Social credit score too low? Whoops, no money for you!

Source: https://www.youtube.com/watch?v=gyANVmHJB3c