Money with an Expiration Date, Fed Reserve CBDC’s Announced.
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Yesterday after I was talking about the rise of CBDC's and how the Federal Reserve might go about it, Jay Powell went live and confirmed exactly what I was saying was going to happen, even announcing a paper coming on the US CBDC. Announcement:
As I warned in my fictional Novel "The Lost Truth" which I started writing in 2012, the rise of central bank digital currencies could come with currency that has an expiration date on it. This gives the banks the ultimate control, as it wipes out the ability to have upward social mobility. The idea of cash with no expiration date has now been floated by China for it's digital Yuan, and by CNBC here:
Money with an expiration date is a technocratic nightmare. My fictional novel is available for free on archive, see Open Library here: https://openlibrary.org/works/OL17155637W/The_Lost_Truth
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