Banking
CBDCS ARE NOT GOING TO WORK | MARTIN ARMSTRONG | BIG PICTURE (TEASER)
Jul
Central Bank Digital Currencies are being pushed worldwide by central banks and governments.
Are we witnessing the natural evolution of money in the digital age, as many say, or does this innovation represent more of a system of controlling people rather than a new form of money?
Does the public benefit from having their every transaction monitored? Is the innovation of “programmable money” a good thing? If money transforms into a programmable indelible ledger, micromanaged by centralized institutions on the planet, can it truly be considered money?
In an interview shot for the making of this documentary, Martin Armstrong discusses his perspective on where the United States is and his outlook on the ambitious CBDC plan being pushed worldwide.
Ultimately, he believes the push to install a CBDC system will lead to the breaking up of the United States and will push economic activity back to the level of barter if it nears success. Such subjugation runs against common sense, nature and economic forces and will lead to collapse and a reset of government.