The Fed's Decision to Not Introduce Retail CBDC

CBDC has always been a sort of misnomer, a euphemism, technical euphemism. The experts at technocrats at work sort of think, CBDC is very technocratic expression. But if you look at their control of the payment system, what it's saying is, we're going to suck all the deposits in the economy into the central bank,. almost instantly. Yes. We're going to collapse all the banks. It's the ultimate bank. Right. Well, and if youLook at what the Fed now system may be doing based on what we've seen with SVB, the speed at which that could happen is extraordinary. So all that is accelerated.