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China is experimenting with digital money with an expiration date, meaning that citizens will be forced to spend and not save. The “digital yuan” could usher in an era of total population control as people who aren’t allowed to save money will be more dependent on the government. “Beijing has tested expiration dates to encourage users to spend it quickly, for times when the economy needs a jump start,” according to an article by the Wall Street Journal which practically endorses the Keynesian ideology behind China’s experiment. https://www.eutimes.net/2021/04/china-reveals-digital-yuan-with-expiry-date-where-people-are-forced-to-spend-and-not-allowed-to-save/
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