The Great Reset: CBDC covertly launches in a few countries? – Encountering storms and the rough seas?

"The key difference with the CBDC is the central bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability, and also we have the technology to enforce that." – Agustín Carstens, Bank of International Settlements

"CBDC can allow government agencies and private sector players to program… target policy functions. By programming a CBDC, money can be precisely targeted for what people can own and what [people can do.]" – Bo Li, International Monetary Fund's Deputy Managing Director

Kristalina Georgieva, Managing Director, IMF, keynote address at the Singapore Fintech Festival:

"I am proud the IMF is part of this great community and that I am with you today. I come in the footsteps of my predecessor, Christine Lagarde, who five years ago gave a speech here encouraging policymakers to follow the “winds of change,” and embark on a digital money voyage by exploring the use of central bank digital currencies, or CBDCs, and fintech.

"Five years on, I’m here to provide an update on that voyage. I have four main messages. First, countries did set sail. Many are investigating CBDCs and are developing regulation to guide digital money developments. Second, we have not yet reached land.

"Third, this is not the time to turn back. The public sector should keep preparing to deploy CBDCs and related payment platforms in the future. Fourth, these platforms should be designed from the start to facilitate cross-border payments, including with CBDCs."

"We’ve left port and are now on the high seas. This calls for courage and determination."

"If anything, we need to raise another sail to pick up speed. The world is changing faster than most imagined."

"Raise another sail to pick up speed?" Is this because the world is changing faster or they are falling behind? 

More in the Neil McCoy-Ward video. 

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