Tag: CBDC

Guest Post by Martin Armstrong

Europeans are much more familiar with canceling currency. Those governments are much more Marxist and have been canceling currencies routinely since WWII. What happens is you are forced to bring your cash in to swap it for the new version. In this case, it will be digital. What they are going to do is then look to see who accumulated that cash. If it is a large chunk, you may be taxed, and the burden will be on you to PROVE you paid the cash.

Continue reading “Beware of 2025”

Guest Post by Eric Peters

You have probably heard about “paying it forward” – by which is meant (essentially) do something nice, proactively.

Paying cash for everything you still can is even better – because if enough of us refuse to pay otherwise, it will be difficult for not-nice people to impose something awful on us. That being, of course, the elimination of cash – which entails something far worse than paying for things digitally (as in Central Bank Digital Currency, or CBDC).

It ought to be obvious what “digital” money will allow. Just the right word – and in italics for just that reason. You will be allowed to buy what those who control your money decide to allow you to buy. They will have the power to do this by dint of knowing what you’re trying to buy.

Continue reading “Better Than Paying it Forward”