Sometimes, I imagine society as a game of tug of war:
Whenever governments try to gain more control over their citizens, some citizens realize that the government isn't necessarily the friend it claims to be and become more weary of it. They may also realize how much control the government already has and try to avoid this control. Therefore, more people are figuring out how to escape government control.
To the government, this looks like it is losing more and more control which is frightening: "How can we keep up law and order without enough control?!"
Which then leads to the government trying to gain more control ....
reply
CBDCs are the next level 'money' printing to keep the cantillon-ponzi running. Believe me: they will make 90% happy by sending them fake money until they need a new mechanism to grow money supply even faster.
reply
They're the culmination of centuries of advancements in money debasing technology.
reply
Because it's easier to control people with them
reply
strange headline though. It works on the unsposken assumption that governments in Western liberal democracies are there to represent the will of the people. That seems a tall wall to climb, presumption-wise.
reply