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[–] [deleted] 3 pts (edited )

Heres the problem i see with the ESG social credit score cbdc. Much like europe cannot print natural gas the US can't print energy and commodities to buy. So no matter what currency they put in place or UBI scheme they roll out the money they are puitting into your account wont buy anything because the things don't exist. Exchanging one fiat currency for another does not solve the root problem. People will be forced to operate outside of it so the entire scheme has economic "gravity" working against it. When no one can pay their mortgages or buy food the government will be forced to evict and starve to death everyone. Thats a game they might be able to inflict heavy casualties in but ultimately can't win at.

They had their plan and something unaccounted for took place and they got punched in the face. They fucked up and needed a functioning strong economy to pull this transition off in but instead they got a failing one that's eating itself. Here is an example. When Rome was failing the Denarius went hyper inflationary and devalued. If Rome could have staved off collapse by issuing a different fiat coin they would have. The people of the Roman empire were forced to start trading in currency backed by tangible gold and silver or bartering for tangible goods rather than using roman fiat. Rome by that point had empty coffers and produced nothing so they couldn't back the currency with those things and they couldn't provide commodities to refill their coffers with gold silver or tangible assets. To the people referencing China their ESG cbdc was also implemented at the height of their economies strength. The window for the west to do this was likely 40 years ago when offshoring had just begun at the zenith of their economies. They are a day late and a cbdc coin short.

[–] 2 pts

Another thing about China is that they're not pushing trannies and butt faggots and niggers on everyone. Really, Western governments are requiring us to celebrate niggers and faggots. I'd rather be under the Chinese government than this shit.