One more point that almost nobody looks at is the bank ledger on bank loans. Ask any bank CPA (if you can get him/her to answer honestly) what happens to the promissory note during bank loans. What they will tell you is that the promissory note is entered as a credit in the ledger, and is then withdrawn as a debit in the form of the loan money. Did you catch that? The promissory note is turned into money by the bank, so that the loan is really a creation of new money, and not a loan at all. When the bank does this, the new money created waters down all the money in existence, causing inflation. If the borrower didn't have to pay the money back over the years, it would be the people causing their own inflation. But because it is the bank causing the inflation, all the money ever borrowed by Fed-backed banks is what the banking system owes the people. Banking CBDC will totally disrupt any attempt by the people to get the money back from the banking system.