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RE: The Central Bank Fallacy And Why CBDCs Are Not A Threat

FedNow an nothing more than an inter-bank payment system. The end user has nothing to do with it other than transferring commercial bank money (digital dollars) to another users.

through the creation of the Petrodollar backed by Saudi Arabian oil & enforced by the US Military-Industrial Complex.

This is a myth too. To believe in the Petrodollar is foolish. This is not where the USD's power comes from.

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well, the 50-year agreement made between the Saudis and the Americans established a "backing" of sorts, if never actually real or tangible. I'e always believed the USD's power came from the fact that any country seeking to do business outside of it was invaded, overthrown, and brutally destroyed by the US military, a la Iraq, Afghanistan, Libya