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- Embed this notice@doktor the problem is that a CBDC doesn't fix any of the problems they have.
getting worked up about CBDC is people thinking that somehow they've found a trick to escape their debt issues.
Lets think through what happens. The USG blows up the USD. Credit agencies mark Treauries as DDDDDDDicked grade. USD brings out crypto-treasures .. rating on them is ??
If agenices try to claim they are 'AAA' then entire system implodes because people just took trillion dollar haircuts on USG fucking them and no-one believe they are totally on the up and up.
If agencies give it a C, then borrowing costs are still astronomical.