During a presentation at a conference in Morocco, Kristalina Georgievahe the managing director of the International Monetary Fund (IMF) announced that the global body is “working hard on the concept of a global CBDC platform.”
Georgieva declared that Central Bank Digital Currencies need to be interoperable between countries, noting “If we are to be successful, CBDCs could not be fragmented national propositions.”
“To have transactions more efficient and fairer, we need systems that connect countries,” Georgieva continued, adding “In other words, we need interoperability.”
The IMF MD argued that global digital currencies would “give more people access to financial services and bring the cost down,” adding that “CBDCs can provide for more resilient and efficient payment systems,” and “can be a cheaper way, and a quicker way, to do cross-border payments, to pass remittances… and also simplify other transfers.”
— Tim Hinchliffe (@TimHinchliffe) June 19, 2023
Some have warned that a digital global currency in the hands of globalist entities could usher in a hyper-centralized techno-Communist dystopia, allowing all purchases to be tracked and even linked to a social credit score system.
Rich Dad Poor Dad author Robert Kiyosaki recently cautioned that CBDCs would open the door for an unprecedented level of surveillance of Americans.
“By tracking every financial transaction, they will have access to every detail of our spending, the recipient of our money, and how we allocate our resources,” said Kiyosaki.