Yes, this world is about ready for a Change to occur, but most will not be happy with it, likely, especially those that are stuck on the same wolf's tit that nourished ol' Romulus and Remus (pardon my crude terminology, but that's what seems to fit).
Sayonara, Adios, Arrivederci.
All I see is doom, as regards man's shown capacity for nothing much else than for creating such scenarios as will lead to this doom that I refer to.
Faith makes money money. Paper money has the value ascribed to it in the exchange of paper denominated as currency for goods, services, speculation, and stuff. Time dollars can do this as well. Locally.
Buying a house probably not. Paying rent maybe. Grocery shopping yes.
I doubt only the Yuan. SDR from a global currency basket. The Gaia call it. Sold as digital and environmentally friendly used in international trade. Nations or large units of nations like the EU will have their domestic currencies. China is not replacing major national currency but setting stage for the currency basket. And in turn inevitable as USA aims to be Brazil. I don't closely follow details but the SDR has been mulled for about 10 years I think.
And then there is durable, fungible historically value holding , AU
https://www.usfunds.com/resource/gold-was-the-most-popular-asset-of-2022/
Thank you, Susan; you have inspired me to write this article today:
https://rayhorvaththesource.substack.com/p/which-would-you-own-if-you-had-the
-- ITA ABSCEDIT --
Shall we hum a funeral dirge?
Yes, this world is about ready for a Change to occur, but most will not be happy with it, likely, especially those that are stuck on the same wolf's tit that nourished ol' Romulus and Remus (pardon my crude terminology, but that's what seems to fit).
Sayonara, Adios, Arrivederci.
All I see is doom, as regards man's shown capacity for nothing much else than for creating such scenarios as will lead to this doom that I refer to.
Oh, painful thoughts, now voiced!
Cripes and caterwauls...
Digital Yuan not a big hit in China.
Faith makes money money. Paper money has the value ascribed to it in the exchange of paper denominated as currency for goods, services, speculation, and stuff. Time dollars can do this as well. Locally.
Buying a house probably not. Paying rent maybe. Grocery shopping yes.
After your comment, I added a line to the end of the article, which I had implied, but didn't say.
I doubt only the Yuan. SDR from a global currency basket. The Gaia call it. Sold as digital and environmentally friendly used in international trade. Nations or large units of nations like the EU will have their domestic currencies. China is not replacing major national currency but setting stage for the currency basket. And in turn inevitable as USA aims to be Brazil. I don't closely follow details but the SDR has been mulled for about 10 years I think.
https://youtu.be/CvVeJJ-TnK4 Wonder of wonder, Miracle of miracles....
It would be nice, if you said a few specific things about yourself.
Apparently, you are locking stuff from people who don't pay and I don't care for that sort of thing...
Everything in its own time. :)
CBDC will be forced on the people in Russia and China, too, and the controlled demolition of their currencies is only a question of time.
Make sure it's not solar-powered! :)