Market Talk – April 8, 2025
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 1,876.00 points or 6.03% to 33,012.58 • Shanghai increased 48.97 points or 1.58% to 3,145.55 [...]
CBDC – The Real Target
A lot of people somehow think that the move to Digital Currency is a completely new monetary system, It is targeted to eliminate cash transactions so everything is taxable and nothing can be hidden from our overlords. If we look at commerce in the United States during 2022, 82% of all transactions were digital – Debit cards (20 percent), credit cards (30 percent), and digital wallets 32 percent. That was e-commerce.
They are hunting down what they believe is 30% of all commerce and cash and lick their lips at the thought of having their hand in your pocket. Make no mistake about it. They know major upheaval threatens their power. Like Trudeau seizing accounts of anyone who donated to the Truckers, that is the agenda. Control all transactions and turn off anyone who they see as a threat.
The post CBDC – The Real Target first appeared on Armstrong Economics.
Latest Posts
The Bounce
COMMENT: Mr. Armstrong, you are way too modest. You are the only one who forecast this event to the very day of the low, as you have done so many [...]
A Flight to Treasuries?
Some believe that Donald Trump is deliberately attempting to cause a sharp downturn in equities to force a flight into treasuries. If so, the Federal Reserve would have more [...]
Part II – Gold Manipulation?
https://www.armstrongeconomics.com/wp-content/uploads/2017/11/Barclay-Goldman.mp4 PART II QUESTION: Is he breaking the London metals dealers’ hold to suppress the gold price? FD ANSWER: I am tired hearing the same constant bullshit about gold is [...]
