In my opinion things might be different in prolonged recession, true
BRICS is already on to onboard more nations to it's members, getting ready to compete USD
CBDCs seems to be gearing up and trying to get implemented as soon as possible, but unsure if they will be in action properly before 2025
possible that if recession and real bad economic state keep going til 2024-2025 we might see scenarios what Mike Maloney showed in his documentaries, where governments gets desperate to keep the currency velocity running in markets and for that they use every trick in their books and new ones like giving back all the tax ever paid back to their citizens along with free helicopter money drop to citizens, in current case stimulus checks. But with CBDCs in the mix, I guess it might be some sort of Universal Basic Income but with different name tag.
Cash overnight banned in many nations just like India did few years ago 😅
such things wouldn't be surprising
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