Why Billions of People Will BEG for the CBDC

Save
2 years ago
284

Recessions underscore the urgent need for a Universal Basic Income (UBI), a regular, unconditional, and universal payment to individuals, as argued by financial expert Frances Coppola. Central banks could potentially circumvent the flaws of existing welfare systems by introducing digital cash dollars as a new standard for financial aid, eliminating the need to accrue government debt. By utilizing a Central Bank Digital Currency (CBDC), central banks could facilitate direct, monthly payments to individuals, thus offering a resilient solution to economic downturns and better preparing society for future crises. This approach could also manage potential inflation issues, balancing the economy effectively in response to changing consumer prices. #CBDC #UniversalBasicIncome #UBI #DigitalCurrency #CentralBanks

Timestamps:
Theft 0:38
What’s Next? 7:42
What Can I Do About It? 10:27

—————————————————————————————————

🔥 All My Tips and Strategies on the Discord Community: 🔥
https://discord.gg/QNgHFgxkq9

—————————————————————————————————

💵 HOW TO MAKE MONEY ON AMAZON: 💵
👉 http://TheAmazonGPS.com 👈

—————————————————————————————————

LOOK THROUGH MY BOOKS! http://books.themoneygps.com
MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU

SUPPORT MY WORK: https://www.patreon.com/themoneygps
PAYPAL: https://goo.gl/L6VQg9

—————————————————————————————————

Sources Used in This Video:
http://bit.ly/TheMoneyGPSSources2023

Loading comments...