@Tfmonkey We know people won't do anything because this is the same as Scrip in WV COAL mines. Corporations would pay you scrip instead of money to use at the company store etc. CBDC is basically the same. https://rethinkq.adp.com/artifact-coal-company-scrip-miners/#:~:text=Some%20scrip%20had%20a%20hole,coal%20companies'%20control%20over%20miners.

@VeganBob correct. Nobody will do anything until they're in the gulag, and then go "someone else not me should have done something".

@Tfmonkey Then there won't we be hyper inflation and the Catherdal will just enslave us. They will make us some burning of the Riechstag excuse. So they will rule the world in some Cyberpunk dystopia.

@VeganBob of course there will be hyperinflation. Worthless money doesn't stop being worthless just because you can turn it off.

@Tfmonkey What am I missing? If you prevent people from buying stuff that caps.Outside of a barter system and utter misery not saying it will be good but it seems like we will be enslaved with scrip. Price can't go up because you have create constraints on demand. Also, they will further decrease demand with environmental nonsense legislation. Consumption = pollution. You can't travel, buy new products, meat etc because it equals pollution. I just don't see how we will go to hyperinflation...

@VeganBob I already explained it as simply as I can, so all I will end up doing is repeat myself.

Good day sir.

@Tfmonkey I know you hate me and think I am a pest. With Central Bank Digital Currency the govt would effectively control aggregate demand/consumption. Prices are a function of supply and demand. If you kill billions and enslave them with scrip then you control or lower demand offsetting the supply of 💰 lowering inflation. Also, the govt could take money out of the system lowering the M2. It would be miserable but the Catherdal would still be on top. What am I missing? Really? Why am I wrong?