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The elite playbook: blame the people so they fight each other.
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Contrary to Krugman, DeSantis and others warning about a CBDC aren’t being paranoid: they are simply drawing the obvious conclusions from history.
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From last Wednesday: As the Fed 'fights inflation' by increasing interest rates, its actions will not produce the hoped-for 'soft landing,' but rather the hard bust.
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Central bankers follow inflation 'target' in their pursuit of 'price stability.' Not surprisingly, they usually miss their targets -- quite badly -- and we now are living one of those moments.
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Home prices can't keep going up like they have in the past few years without the central bank continuing to give out easy money, and this is clear.
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In reality, CBDCs are just a way for the government to protect its privileged position and keep a tighter grip on people's money.
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Central banks, particularly the Federal Reserve System, have continued to exacerbate inflation and boom-bust cycles in the name of 'stabilizing' the economy.
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The twentieth century was a century of absolute conflict. Limitations on the scope of war, which had been built up over many years, began to crumble in the nineteenth century, but were completely erased in the twentieth.
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For several months, the race to release a fully operational CBDC system has been on. While many countries are still interested in them, only a few countries, led by China, have been actively working on them. Needless to say, this has influenced the opinions of many people all over the world.
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We have been locked down for weeks. Classes have been canceled. Only essential activities are allowed. Although there is much to cover and analyze, I want to focus on the economics of the situation. To understate it, the situation today is simply not good. The COVID-19 crisis has caused the world to lock down the …