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CBDCs — Why Governments Cheer and Humanity Suffers

alilybit.substack.com

CBDCs — Why Governments Cheer and Humanity Suffers

CBDCs are authoritarian, anti-human rights, centrally planned, and pro-censorship.

Lily
May 17, 2022
7
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CBDCs — Why Governments Cheer and Humanity Suffers

alilybit.substack.com

It seems as if the money supply in the United States and Europe only knows one way to go: up. According to the European Central Bank, the money supply M1, i.e., the amount of cash and savings with immediate access, increased by more than 14.5% in November 2020 compared to the previous year. Admittedly, next to the Venezuelan bolívar, this is still a sma…

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