Countries that are suffering from an excess of centralized control usually double down with more control. From Matthew Piepenburg at goldswitzerland.com:
If you want to understand modern CBDC, it may be worth considering the context of history, the philosophy of man, the math of debt and the geology of gold.
Broke Countries Do Bad Things
When broken, debt-soaked “developed economies” suffering from years of fantasy money printing to “solve” fatally rising debt levels collide with history-blind and economically-ignorant policy makers, the end result is always the same: Liberty sinks, currencies die and control rises.
This is not sensationalism, but the toxic evolution of economic, political and psychological patterns seen throughout time.
Sadly, our “times” (as well as the global abundance/convergence of weak leadership) are no exception.
Or stated more simply, inept financial and political leadership leads to even more dangerous financial opportunists and tyrannical policies masquerading as efficient solutions.
Toward this end, the evidence is literally everywhere—left, right and center.
The Inevitable Klaus Schwab-Type
Nowhere is such will-to-power opportunism and fantasy (i.e., centralized) solutions more exemplified than in the so-called “Great Reset” authored by the head of the World Economic Forum, Klaus Schwab.