Whether the U.S. should have its own central bank digital currency (CBDC) is hotly debated. Several countries, including China, already have CBDCs in operation; but the U.S. Federal Reserve is proceeding with caution. Prof. Saule Omarova, President Biden’s nominee for Comptroller of the Currency, is in favor of a CBDC and has made a strong case for it; but many conservative commentators are opposed, and her nomination remains in doubt.
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Thank you Ellen! It's great to hear from you again! Keep up all the great work. What have you heard about the new QFS Quantum Financial System coming online...
A timely article would be how the economy will function next spring after 200 million Americans have vaxed themselves to death.