This one tells you what will happen to their CBDC'S. Listen out for when they introduced the second currency. https://anchor.fm/theamateureconomist/episodes/French-Double-Currency-Collapse-e1gq73s
Money has to have a store of value. Money is a commodity. Not a blip on a screen. The money the market chose as the best store of value is gold, silver and copper.
We did not always have central banks and governments issuing the currency, we had paper that had a claim on money (see attached).
The note is redeemable in money, it is not the money itself.
Regardless of where I have put my money, I know a man who has all of his wealth in silver 1kg's, 1 ounce coins, and one ounces of gold, just bullion as close to spot price as possible.
My super fund looks the same as my personal holdings, exactly the same companies. When I receive a settlement, I just allocate funds to companies I own shares in, and buy physical silver. I do not look to see what the dollar price of a share in a debt free, free cash flow, dividend paying company is on a particular day. I only care about how many shares I have in that company, because the dividend is paid per share, not on the amount of dollars the company is worth. Why, because the dollars are made up crap. The company's stock is a portion of the company you own. Buildings, production, vehicles, etc.
For a Reverse The Reserve Bank of Australia T shirt, go to https://theamateuraustrian.com/collections/all
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