There is a lot of talk about the globalists in control of the U.S. government wanting to go to a digital currency. I have no doubt they want to do it and am confident their goals are nefarious.
I think we worry too much. There are a lot of details to work out that seem a bit unsurmountable. One question that comes to mind is, “What happens to the uncounted trillions of American dollars that are under the mattress in so many dictator mansions around the world?”
Another question, “What happens to the dollars in places like Swiss bank accounts?”
Then of course we come to the question of all the politicians explaining all that secret money they have hidden away. And how do they add to their stash if all is digital?
So what about my first question about the vast number of dollars being held by people around the world for security. They have their money outside the country to protect it from the vacuum cleaner of the IRS. I don’t think they are going to be excited about bringing it to an American embassy to have it converted into digital currency. I halfway think that the crisis might force the U.S. to declare bankruptcy, but that might be the intent to start with. It would also undermine the dollars as a security blanket for the world, but again, that might be the ultimate goal.
Under pure Communism the measure of value is the labor of a worker. The New American Elites might just declare that, since it is all computerized anyway, each subject of the new order would get a set number of credits per pay period. Or take it another step. Each worker is awarded a set measure of dried beans and a time when they can expect the electricity to be turned on in their homes. Since it is all controlled by the central Digital Czar then no one will know how much the elites think their “labor” is worth. I somehow think it will work out as a bit more than beans and an hour of electricity.
If you have doubts on how it will work, reread 1984 and you will get an insight.
homo unius libri
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Comments are welcome. Feel free to agree or disagree but keep it clean, courteous and short. I heard some shorthand on a podcast: TLDR, Too long, didn't read.