Dear Reader, Imagine a world in which every dollar you spend can be tracked by the authorities 24/7… Where what you can and can’t buy is controlled by a bureaucrat trying to engineer ‘socially beneficial’ outcomes… And where savings can be deleted with a single keystroke if you do the ‘wrong’ thing. It may sound like something out of the pages of Nineteen Eighty-Four. But thanks to a new, programmable currency the Chinese Communist Party has been rolling out for the last year… It’s now possible. You may not be surprised to hear that Chinese authorities want even tighter control over what people do with their money. But what will probably shock you is… This same kind of ‘programmable’ currency is about to arrive here in Australia. In fact, it’ll be used in a mass pilot over the next 12 months. Worried? You’re not alone. Hit this link for the full story (including four things you can do to prepare if you’re concerned). Best, Greg Canavan, Editorial Director, Fat Tail Investment Research |