IMF Proposes Global Central Bank Digital Currency in Move Toward Cashless Society – So They Can Control the People (VIDEO)
IMF Managing Director Kristalina Georgieva
In a development that seems more dystopian than dynamic, the International Monetary Fund (IMF) announced its plans to develop a global Central Bank Digital Currency (CBDC) platform. This decision raises significant questions about monetary sovereignty, financial privacy, and global equity.
While IMF Managing Director Kristalina Georgieva argued for the need for global CBDCs at a conference attended by African central banks in Rabat, Morocco, critics are skeptical.
This is great. We have the World Bank pushing through the digital IDs and now the IMF calls for global CBDCs.
That’s it. Those are the final two organisation below the BIS in the global power hierarchy.
— _Esc (@_Escapekey_) June 20, 2023
“CBDCs should not be fragmented national propositions… To have more efficient and fairer transactions we need systems that connect countries: we need interoperability,” Georgieva told a conference.
