What are the Ramifications of Central Bank Digital Currencies?
Central Bank Digital Currencies (CBDCs) are coming. This new form of fiat money will give central bankers and governments complete control over everyone dependent on them. But everyone needs to remember that money is a tool to value your labor.
We know that inflation is part of the design, but we also know that, officially, there is virtually no purchasing power left to inflate away.
And so, the next target is your principal. When we look at our personal monetary choices, physical gold and silver is within your control (you hold it and own it) and is completely private.
The choice is yours; remain inside the system and hope for the best or become your own banker and hold physical metals truly outside the system.