Did I need to spell out more explicitly the connection between social credit scores and China implements them and ESG scores that have been brought to the rest of the world, and that maybe having digital, government managed currencies will allow our own western governments to follow the China experiment?
Thanks for nitpicking a loose use of the term ESG, and then dismissing everything else with the categorical label of right wing echo chamber nonsense.
I didn't get these ideas from a far right echo chamber either.
The following paper comes from an advocate of banning cryptocurrency, and replacing it with federal coins, that can then manage monetary policy way more precisely than the current system we have. Part of that policy would be the ability to literally reduce people's ledgers as a form of inflation control. Oh, and the author was going to be tapped as a wall street regulator, but barely missed confirmation. While she didn't make the cut, seems like her ideas did.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3715735