13 Comments
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Jon Smith's avatar

Indeed, we will have to see just how easy saying No to Digital ID will be....as it's an essential part of the CBDC et al jigsaw....

Dominic Frisby's avatar

I don't think CBDCs can work FWIW. Obviously Davosman doesn't share that view

Jon Smith's avatar

No I've noticed your veiw point on CBDC...however did you witness the mass compliance of the covid scandemic...

It doesn't give me much hope !!

Dominic Frisby's avatar

Well, yes, if it’s done under the pretext of an emergency it might be different but I think the Tech is too big an ask

Jon Smith's avatar

That's exactly how I see it playing out , an (intentional) economic collapse will usher in the CBDC promoted as our "saviour"..

I'd be very interested in your thoughts regarding something I heard Max Kieser state some years ago , that there is effectively zero debt incurred when sovereign banks issue CBDC , unlike Fiat , if this is correct ,the push to introduce a CBDC is wholly understandable!

Dominic Frisby's avatar

Yes they wouldn't be created via bonds or lending as with most fiat

Jon Smith's avatar

Arh ..I understand thanks,...this makes mass UBI affordable , a must in this age of AI and imminent mass unemployment 🙏

Ian's avatar

See you in Harrogate :)

Ian's avatar

That's what I meant! But it was 1am when I typed it.

Eric M. Wohlwend's avatar

Please let us know when we can get the Audible in the US. Can’t wait to read or listen to this one.

Dominic Frisby's avatar

Not till next June!

Ross Macleod's avatar

Centrus energy is up £200 a share since October. You holding or selling?