by Nick Giambruno There’s an excellent chance governments worldwide will soon force their citizens to use central bank digital currencies (CBDCs). CBDCs enable all sorts of horrible, totalitarian things. They allow governments to track and control every penny you earn, save, and spend. They are a powerful tool for politicians to confiscate and redistribute wealth as they see fit.
Oct 14, 2022Liked by 2nd Smartest Guy in the World
Hey 2ndSG, hope all is well. I'm reading, just not commenting that much, the S is H TF and in my financial circles, it's bedlam.
"The good news is that CBDCs are destined to fail."
This is the Karl Denninger argument. And many others I have seen. Good news, command and control systems of government always collapse! They are doomed to failure!
Yeah, tell that to my Polish relatives who had to live under Communism until it "allegedly" collapsed.
Hooray! Just as Rees-Mogg said "We will start to see the benefits of Brexit in about 50 years" - when most of us are dead (and yes the EU is evil and fuck them anally with a horse dildo with no lubricant) but I'm sorry, the benefits after most of us are dead? GREAT! Where do I sign up?
The slave system will probably collapse in 50-100 years. Too bad if you get democided while you are waiting.
What Denninger says that I do agree with (and to be fair I agree with him on most things, just not that the WEF/UN can actually take over the world and keep it that way for any length of time), life matters to you and if you die, that's the worse thing that can happen to YOU.
It reminds me of the Rapture believers. Oh no SHTF, now Jeebus will teleport us all away to save us. Yeah, because all the devout people in history who got genocided totally got saved.
We are such a dumb species it isn't even funny. What did Carlin say?
“Think of how stupid the average person is, and realize half of them are stupider than that.”
Also.
Dump your phone.
Dumb down your phone 3 g
Dump the apps.
Block the camera
Bank in person not on the app
Hey 2ndSG, hope all is well. I'm reading, just not commenting that much, the S is H TF and in my financial circles, it's bedlam.
"The good news is that CBDCs are destined to fail."
This is the Karl Denninger argument. And many others I have seen. Good news, command and control systems of government always collapse! They are doomed to failure!
Yeah, tell that to my Polish relatives who had to live under Communism until it "allegedly" collapsed.
Hooray! Just as Rees-Mogg said "We will start to see the benefits of Brexit in about 50 years" - when most of us are dead (and yes the EU is evil and fuck them anally with a horse dildo with no lubricant) but I'm sorry, the benefits after most of us are dead? GREAT! Where do I sign up?
The slave system will probably collapse in 50-100 years. Too bad if you get democided while you are waiting.
What Denninger says that I do agree with (and to be fair I agree with him on most things, just not that the WEF/UN can actually take over the world and keep it that way for any length of time), life matters to you and if you die, that's the worse thing that can happen to YOU.
It reminds me of the Rapture believers. Oh no SHTF, now Jeebus will teleport us all away to save us. Yeah, because all the devout people in history who got genocided totally got saved.
We are such a dumb species it isn't even funny. What did Carlin say?
“Think of how stupid the average person is, and realize half of them are stupider than that.”
This is what we are up against, my friends.
Im retired from NYC fire dept. on a pension. Im screwed.
Out in the vast flyover country between the coasts, most everyone thinks ammunition will be very useful for exchange/barter.