Limit government so that they do not overwhelm the population and build bureaucratic edifices creating more and more government staff into the ‘privileged’ class and more and more people away from the productive population.
Because of the severe negative possibilities of the use of CBDC’s (digital currencies issued by central banks), I would like to have a slightly closer look at them. All is not negative and if I could trust the authorities managing them I would feel much happier. Sadly our current trustees of the system have done an abysmal job, hence we find ourselves in this awful time where there is a need for a new system.
A “bail-in” is another form where banks and financial institutions are rescued and where the responsibility is transferred from taxpayers (in the case of a bail-out which is what happened in the 2009 Global Financial Crisis) to depositors, which is you in this case, the depositor.
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