
Money
Authorities have stopped talking about the ‘programmability’ of CBDC that would allow the issuer to set limits and controls over its use. Any CBDC would give a third party like the state, the central bank or the corporation issuing the money as wages the power to control how and where the money is spent.
Both Democrats and Republicans failed the Americans by over spending and leading the US on the path to bankruptcy. Interest payments on the debt totaled $522.7 billion in FY2020 alone. The federal debt is over $80,000 dollars per capita, which is about 50% more than the median income in the country.
Copyright 2020 G. Edward Griffin