Zero Hedge
By Tyler Durden – June 24, 2023
Authored by James Rickards via DailyReckoning.com,
I’ve warned repeatedly about the dangers that central bank digital currencies (CBDCs) pose to personal liberties.
I’ve warned how they would allow governments to monitor every transaction you make, which basically means a surveillance state.
This facilitates the creation of a social credit system that allows governments to punish those who engage in unapproved activity such as buying guns, donating money to the wrong political party, buying unapproved literature, etc.