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This week the IMF announced they have been working on a Global CBDC Platform to facilitate the international exchange of Central Bank Digital Currencies.
The Monetary Authority Of Singapore (MAS) also published a whitepaper this week titled "Purpose Bound Money", which illustrates what these CBDCs may look like when implemented, and the implications are frightening.
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Video Breakdown:
00:00 IMF Announces Global CBDC Platform Development
03:09 The Monetary Authority Of Singapore & "Purpose Bound Money"
05:52 What Is "Purpose Bound Money"?
07:16 The Liquidity Problem With CBDCs
09:35 It's Not Hard To Imagine Consequences Of Fine Tuned Economic Central Planning
10:18 CBDCs & PBM Lead To A Dystopian Nightmare
11:31 When Will The CBDCs Be Implemented? (Problem, Reaction, Solution)
#CBDC #CentralBankDigitalCurrency #IMF #silver #gold #silverstacking #MAS #digitaldollar #fednow
