To make CBDCs like a stablecoin, the BIS will likely implement a global basket system like Special Drawing Rights, where all digital currencies are interchangeable. This is similar to John Maynard Keynes' concept of Bancor, which allowed a one-way transfer of gold into Bancors but not the other way around.
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Patrick Wood is a leading and critical expert on Sustainable Development, Green Economy, Agenda 21, 2030 Agenda and historic Technocracy. He is the author of Technocracy Rising: The Trojan Horse of Global Transformation (2015) and co-author of Trilaterals Over Washington, Volumes I and II (1978-1980) with the late Antony C. Sutton.
