China Reveals CBDC With Expiry Date So People Are Forced To Spend and Not Allowed to Save
The Chinese government has rolled out “money with expiration dates” using its prototype Central Bank Digital Currency (CBDC) which means that citizens are forced to spend the money and are not allowed to save and build wealth.
The Keynesian dream to “boost the speed of money” is becoming reality in China with the digital yuan as the guinea pig in a move that literally means your money, or the money you are given by the government, will expire if not used in a certain time frame.
https://newspunch.com/china-reveals-cbdc-with-expiry-date-so-people-are-forced-to-spend-and-not-allowed-to-save/
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