In my opinions, QE makes more sense if you consider that those printing the money are intentionally trying to crash the current system, put small business out of business and instill rampant inflation so that paying down those trillions in debt becomes something that can be accomplished in a decade with an inflation rate of 10+%.
The banks cannot lend money with this inflation rate and current interest rates. So once things are crashed then expect interest rates to finally rise so that the money you pay them back has as much buying power as the money they loaned you. Expect money printing to stop. Expect anyone that wants to work in a non-underground job to need to be paid in CBDCs. They will then own you as they will own your wallet.
Even with fiat there have been two occasions that my bank would not allow transfers to go through for two crypto exchanges. Once they would not allow my debit to be used for precious metal purchases. After phone calls on all those occasions and some argument with the bank the transfers went through with an apology that it was only for my own security.
Imagine if that had been CBDCs and such transfers were simply not allowed, period.
CBDCs are no joke and they must be stopped. Maybe to folks like us have crypto bags and precious metals it is a joke yet for Joe Average it is the next battle line, in my opinion.
RE: In The End CBDCs Are A Joke