Yes.
It is now at "0%". This means that a bank can have $1 in its vaults and can lend out an infinite amount of money, without having to prove to the Fed that it is holding enough money to "back up" said loans.
WIth that, the prognosis is trivial.
hooo, fuckin' hell. So any idea what the end game is? Run the U.S dollar into the dirt, bankrupt the populace then poof, CBDC? What does that look like, what supports that kind of "currency"? Gold? The electric grid? It's all so weird. nothing being done is organic, it's all on purpose.
Idiot savant here with no real background in finance or economics. However, I'm pretty sure the Jewish house of cards America has been playing the last couple of decades is about to crumble. Russia and China moving to the gold standard. Europe not being able to function without Russian energy. US dollar standard and petro dollar crumbling. If you mess with Jews you always lose.
Yep. The Jews and banks want crypto fiat to start another pyramid scheme. Everyone else wants rainbow money (backed by gold, silver, platinum,...).
Oil currently supports the US dollar. This is where the term "petro-dollar" comes from.
After the gold standard was abandoned in 1970 by Nixon, the US needed something else to "back up" the US dollar. It tried grabbing up public US land and selling it to other countries (see: creation of EPA and its various "nature" programs which have 25% of US land locked up).
After that ran out (only so much land to sell off), the global banking cabal turned to oil. The 2 decades war in the middle-east is all about securing oil resources for saudi arabia and co. In exchange, they agree to exclusively sell Oil in USD. Thus propping up the petro-dollar.
For more history around this, see
Edit: Vid8 mirror: https://vid8.poal.co/user/terrible_writer/ROHR6Au
The CBDC will never work. They could convert dollars into it, fine, but if the dollar isn't worth anything, their centralized fake cryptocurrency won't be worth anything, or desirable, either. This is the central flaw in the idea that kikes will use a (fake) cryptocurrency in the first place.
Existing (actual) cryptocurrencies are desirable and have value because they are (for the most part, or at least in terms of the main ones, BTC/ETH etc) hard to actually acquire.
If it costs thousands of dollars to buy a loaf of bread it will cost thousands of eDollars to buy a loaf of bread. It simply doesn't solve their problem in any way and would make the "switch" (switching from electronic dollars as we already have them to electronic dollars with a fake cryptocurrency hat on them is pointless anyway to anyone who understands anything about how this works) completely pointless to even undertake.
So I doubt they will do any sort of switch to a CBDC unless it's China's yuan-backed one. In which case it has most of the same problems, e.g., if your worthless dollars get switched to yuan you aren't going to have much yuan anyway.
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