ECB bids to bust CBDC myths
ECB bids to bust CBDC myths
The European Central Bank has hit back at public "misconceptions" about the digital euro and its future role as a substitute for physical cash.
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CBDC Here To Stay if you Like it or Not! #shorts
Remember when we use to go to a grocery store and pay with a check back on the days? Imagine back then tell somebody just to tap their phone to pay, here it’s what happening today with CBDC
Watch today stream Special guest “Rice Tv” https://youtu.be/CIauVUAGtOw
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Fed President Just DESTROYED Argument for CBDC
Fed President Just DESTROYED Argument for CBDC
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Neel Kashkari, the president of the Minneapolis Fed, just destroyed the arguments for a central bank digital currency.
This is a huge shock to me because he’s always advocated for policies that are anti-American. He was one of the key participants in orchestrating the bailout in the financial crisis. He then got a job back on Wall Street after that, (he came from Wall Street before).
So, he’s always been at the helm of pushing things that are good for him, good for the Treasury, good for the Fed, but not good for Americans. And this was true in 2020 as well, when he kept on pushing for more and more money, printing more and more easing, despite the fact that everybody who knew what was going on knew it was going to result in inflation, he said, “No, no, no”, it won’t result in inflation, but we have to give credit where credit is due because this is the last thing that I expected to come out of his mouth.
He absolutely destroys the arguments for why America would ever need, or ever want a central bank digital currency. We are going to jump into why.
Watch the full interview here (CBDC comments start at 14:08)
https://youtu.be/RotcD7OREP4?t=849
Timecodes
0:00 Video Overview
1:04 Intro
1:11 Portfolio Allocation Mastery Course
1:36 Who is Neel Tushar Kashkari?
5:49 What Can You Do with A CBDC
8:52 Financial Tyranny
12:42 Outro
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#FedPresident #Kashkari #CBDC
ECB Conference on Money Markets: Keynote address – Central bank digital currency design
Keynote address
Chair: Florian Heider, Head of Section, Financial Market Research, European Central Bank
Central bank digital currency design: the interest rate-vs-convenience frontier
Haoxiang Zhu, Gordon Y Billard Professor of Management and Finance, MIT Sloan School of Management
