If Musk destroys Twitter, it would make up for all the lies he told the Right
(media.communities.win)
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I doubt woke investment funds will be much of an issue as we get more bank runs and persistent "sticky" inflation.
The big investment firms want more bank runs. The less reliable physical currency becomes as a means of exchange, the easier it gets to sell CBDCs, and all ofcthe control that goes along with that.
CBDC is just hyperinflation skipping the wheelbarrows-of-paper phase. It's still worthless fiat in the end.
It's a method of regime control. They mean it to completely supplant fiat, and when it does there will be all sorts of restrictions applied. You've already had your 10 ounces of red meat this month, so it's plant-based or bugs until the 30th. You want a beer? Well, we've decided your alcohol content is too high, so you can't have that. Cigarettes? Smoking is bad for you, so you can't spend your money on those. What do you need all this gas for? You're planning a trip out of town? We've decided that's too bad for the environment so you can't have your gas. You're protesting against our digital currency policies? Well that makes you an undesirable, so no more money for you.
That's what they want to do with CBDC
Right, no different from ration coupons in the old USSR. So everyone will buy meat and cigs, regardless if they actually like it or not, so they can trade it in the black market for shit they actually want using other means (e.g. barter or precious metals).
That's the best case scenario; realistically, there's just going to be mass shortages as people buy up everything to their limit just so their "money" doesn't fucking expire after a certain period. Of course, the central planners will then blame the "greedy" farmers for not producing enough and seize their land so some incompetent party ass-suck can mismanage the land even harder.
As much as communists love to redefine words, in the end it's just rebranded feudalism. And like all nobility, the nepotism and inbreeding eventually make them completely retarded.