Sarah discusses the impending introduction of Central Bank Digital Currencies (CBDCs) and how they will serve as a new economic tool for central banks to stimulate or contract the economy, shifting societal focus from ownership to access. It highlights the challenges central banks face in controlling inflation due to government spending and immigration, suggesting CBDCs as a solution to manipulate economic conditions by adjusting interest rates. She warns that CBDCs could lead to a loss of economic freedom and autonomy, as they are designed to monitor and control behaviour, moving society away from traditional concepts of ownership.
#cbdc #centralbankdigitalcurrency #canadafinance #housingmarketcrash #bankofcanada
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