IMF Proposes Global Central Bank Digital Currency in Move Toward Cashless Society – So They Can Control the People

In a development that seems more dystopian than dynamic, the International Monetary Fund (IMF) announced its plans to develop a global Central Bank Digital Currency (CBDC) platform. This decision raises significant questions about monetary sovereignty, financial privacy, and global equity.

While IMF Managing Director Kristalina Georgieva argued for the need for global CBDCs at a conference attended by African central banks in Rabat, Morocco, critics are skeptical.

[b][i]This has got to be refused..[/i][/b]

BizSuitStacy · M

And when paired with a social credit system such as what they have in China, your ability to use [i][b]your money[/b][/i] is at their discretion.

Ohh...we see you haven't gotten your 8th booster...no soup for you. Or your family.

BigGuy2 · 26-30, M

@BizSuitStacy ... it's already happening in China, there's a kick boxer who calls out fake Martial Arts instructors and challenges them to a fight in a ring {fully televised} ... without fail, he shows them up as fakes - the Chinese Government has put restrictions on his travel and lifestyle, stating that he's disrespecting Chinese culture ... so, it's already arrived there

Budwick · 70-79, M

@jshm2 SO we should alter monetary policy over what is " is all the rage"?

The argument isn't even over digital currency. It's about who has control.