Agustin Carstens on the Control They Will Have With CBDCs
Agustin Carstens on the Control They Will Have With CBDCs

The banks are pushing Central Bank Digital Currency, presented as a slick and efficient way of making transactions, but is again a global, top down, fully surveilled, monitored system run by technocrats.

Here Agustin Carstens, Manager of the Bank for International Settlements, says that now they don't know who is using money for what (which seems to problematic for him) and explains the control that digital currency offers them: