Rationing: The Basis of CBDC
Grandfather of Food Stamps, Great Grandfather of EBT Cards
What is "money"? "Money" is a claim on the essentials of life. Ration cards are claims on essentials.
Many people expect "money" will soon be tied to commodities. Agreed. It's called a ration card that grants the holder the right to buy a specific quantity of essential goods at a specified price.
This right is a form of "money" dire…