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....

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Dominic Frisby's avatar

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

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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 !!

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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

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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!

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Dominic Frisby's avatar

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

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Jon Smith's avatar

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

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Ian's avatar

See you in Harrogate :)

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Dominic Frisby's avatar

Huddersfield?

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Ian's avatar

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

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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.

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Dominic Frisby's avatar

Not till next June!

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Ross Macleod's avatar

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

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