Commentary
We’ve all heard stories about people who survived the Great Depression by hiding cash under their mattresses or burying it in their yards because they’d lost trust in banks.
Imagine taking it a step further and taking money from the flawed banking system and putting it into the untrustworthy hands of the government.
That’s what will happen when America embraces central bank digital currencies (CBDCs), as many other countries already have.
There will be no way of hiding money you have because it will all be digital, and it will all be tracked and controlled by the U.S. government. And it’s looking more and more likely that America will have a CBDC sooner rather than later….