Saturday 29 May 2021

Future Fed Digital Dollar Will Strip Away Your Privacy

Federal Reserve officials recently amped up their exploration of a digital version of the U.S. dollar. Issuing a rare public video, Fed Chair Jerome Powell announced plans for a discussion paper on digital payments this summer, which will include the pros and cons associated with any U.S. central bank digital currency. Our Daniela Cambone speaks with bestselling author E.B. Tucker about the implications of the move away from paper money. Video by Stansberry Research.