CBDCs Will Further Fragment the Global Economy—and Could Threaten the Dollar
By the end of 2023, over 130 central banks representing 98 percent of global GDP will have initiated programs to develop central bank digital currencies (CBDCs). In the next five to seven years, it is reasonable to expect that quite a few of those countries will have issued CBDCs either in wholesale or retail formats. In 2023, policymakers quickly moved past proof of concept, delivering pilots across a range of jurisdictions.
CBDC initiatives continued to gather momentum during the first half of 2023 as noted in the Atlantic Council’s CBDC Tracker:
🔗SOURCE ➡️ Atlantic Council
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THE COST OF THE AMERICAN DREAM HAS EXPLODED.
Owning a home.
Buying groceries.
Driving to work.
Paying insurance.
Even your morning coffee.
Nearly every major household expense costs dramatically more than it did just a few years ago.
Over the last 7 years:
• Coffee: +127%
• Home prices: +60%
• Auto insurance: +51%
• Gasoline: +49%
• Electricity: +44%
• Shelter: +35%
• Groceries: +33%
And that's before paying for healthcare, transportation, or eating out.
This is why so many families feel like they're falling behind even when they get a raise.
The biggest financial problem for millions of Americans is that everything is going up at the same time, while the government keeps showing a 2% inflation target.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Biohacker Bryan Johnson claimed he cloned himself as a newborn for the purpose of providing him blood and cells.