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Gene Balfour's avatar

I am confused about your title and its use of “predatory Capitalism” because I couldn’t see how it applied to the content of your article.

Capitalism, in its unadulterated form, is a form of economics that involved voluntary exchanges between people. Crony Capitalism (aka modern fascism) is what we have today which has a “predatory” nature.

ECONOMICS is the study of people engaged in trade.

People act as producers and consumers. In voluntary trade, people act to exchange the use of their person (body, mind and efforts) to produce goods and/or services for acceptable compensation (money or equivalents.)

People employed in Governments act to referee trade between people, and receive coerced compensation for these non-negotiable services. 

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Bodhi1717's avatar

Governments are broke hence the need to tax more aggressively/efficiently. The move to CBDC will generate 35% more tax revenue is their belief (this is their estimate for the underground economy). Every payment/exchange will be tracked and taxed. They will move to close down bartering as a reaction to CBDC. Home gardens would be an obvious source of goods to barter. When they tell you gardens are illegal..... well will it be to late or will that be the wakeup call?

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