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IPFS News Link • Fiat Currency

CBDCs, SDRs, and the Re-Monetization of Gold… Here's What Happens Next

• https://internationalman.com by Nick Giambruno

Even the central bankers running the system can see that.

That's why they are preparing for what comes next as they attempt to "reset" the system.

It's important to emphasize that nobody knows what the next international monetary system will look like—not even the elites. However, they know what they want it to look like and are working hard to shape that outcome.

Next, I'll examine their preferred outcome.

Plan A: CBDCs and SDRs

The new international monetary system the central bankers would prefer involves central bank digital currencies (CBDCs) and the International Monetary Fund's Special Drawing Rights (SDR) replacing the US dollar as the world's new reserve currency.

Despite all the hype, CBDCs are nothing but the same fiat currency scam with a new label on it—and zero privacy. They will make it even easier for the government to inflate the currency, and that's what I expect them to do if they impose CBDCs on us.

However, it's doubtful CBDCs can save otherwise fundamentally unsound currencies—as I believe all fiat currencies are.


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