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"Fed Moving Quickly For New Digital Dollar CBDCs"

Hal Graves
Hal Graves - 116 Views
Published on 26 Sep 2023 / In News and Politics

The U.S. Federal Reserve is seriously exploring the adoption of a central bank digital dollar known as a CBDC. Many are concerned if they could centralize American's financial information and holdings in a digital database controlled by the U.S. government. Then they would have complete discretion over how and whether people can use their own money. CBDCs could be modeled after the Chinese digital currency which also uses a social credit score for behavior enforcement. My new video entitled the "Fed Moving Quickly For New Digital Dollar CBDCs."

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