Money with an Expiration Date, Fed Reserve CBDC’s Announced.
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Yesterday after I was talking about the rise of CBDC's and how the Federal Reserve might go about it, Jay Powell went live and confirmed exactly what I was saying was going to happen, even announcing a paper coming on the US CBDC. Announcement:
As I warned in my fictional Novel "The Lost Truth" which I started writing in 2012, the rise of central bank digital currencies could come with currency that has an expiration date on it. This gives the banks the ultimate control, as it wipes out the ability to have upward social mobility. The idea of cash with no expiration date has now been floated by China for it's digital Yuan, and by CNBC here:
Money with an expiration date is a technocratic nightmare. My fictional novel is available for free on archive, see Open Library here: https://openlibrary.org/works/OL17155637W/The_Lost_Truth
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This is seems like worse of money if its have a expiry date of money or coin.
This segment is pretty interesting. AK points to a theory that the coming CBDC stablecoin's primary feature is nothing but a forced IRS taxation trap to steal our crypto and funnel all cash-outs through an anti-terrorism list.
Smh @the fed.
Is it too late to get off this ride? You told us, Captain!
Ooooh yeah heard about this. China has already talked about "money with an expiration date" especially when it comes to providing stimulus for the local economy. You can spend your money, but ONLY when and on what we tell you.
ARRRR. Makes me feel rather monero'y
use a vpn to view : https://monero-badcaca.net/