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CBDCs: The Ultimate Tool of Financial Intrusion

“Experts” at the Federal Reserve and other central banks proudly broadcast the potential “financial inclusion” that could be achieved with a central bank digital currency (CBDC). In the Fed’s main CBDC paper, “Money and Payments: The U.S. Dollar in the Age of Digital Transformation,” they make it clear: “Promoting financial inclusion—particularly for economically vulnerable households and … Read more

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Central Bank Digital Currency: Paper Money isn’t the Solution

Physical paper money solves some of the privacy and security issues inherent in central bank digital currencies (CBDCs). But a lot of people seem to have forgotten that government-issued paper fiat is the parent of a CBDC, and it won’t solve the more fundamental problem – whether physical or digital, fiat currency isn’t real money. What Is … Read more

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On Redefining Currency

Kristi Noem was on Tucker Carlson with a warning. There’s been a lot of chatter about virtual money, digital dollars, the end of cash, and all of that, so states are looking at legislation to update the banking rules.

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