There has been a lot of talk about central bank digital currencies (CBDCs) lately. Supporters tell you they will provide a safe, secure, convenient alternative to cash. But in this episode of the Friday Gold Wrap, host Mike Maharrey digs deeper and explains that CBDCs are actually about more government control. He also talks about how Jerome Powell talked and tanked the markets this week.
TOPICS COVERED
- Jerome Powell performs “open-mouth” operations
- Markets react to a hawkish Fed
- What are central bank digital currencies?
- The issue of control
- Nigerians spurn government digital currency
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below.
Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary.
LISTEN
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SHOW NOTES
The Danger Lurking Behind a Digital Euro
New York Fed Launches Digital Dollar Pilot Program
Oklahoma Bill Would Help Minimize the Impact of Central Bank Digital Currency
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