Economy
Consumer Debt in America – The Pain That Lies Ahead
In a recent posting, I looked at comments by one of the world’s top central bankers, Agustin Carstens of the Bank for International Settlements (BIS) ……Read More
Economy
Economy
An Update on the Evolution of Central Bank Digital Currencies – March 2022
Over the past two years, it has become very apparent that certain nations including Canada, the United States, Australia, New Zealand and the United Kingdom ……Read More
Economy
An Update on the Evolution of Central Bank Digital Currencies
As my long-term readers know, I have a fixation on the post-physical money reality (aka a cashless society) that I believe is coming very soon. The ……Read More
Economy
The Federal Reserve and Central Bank Digital Currencies – It’s a Matter of When
A recent research and analysis document entitled "Money and Payments: The U.S. Dollar in the Age of Digital Transformation" by the Federal Reserve outlines the ……Read More
Economy
Simulating A Global Financial Collapse – A Prediction for the Future
While it didn't really make headline news, a recent simulation gives us a sense of what could happen to the global financial system if an ……Read More
Economy
Central Bank Digital Currencies and Programmable Money
As I posted here, the development of central bank digital currencies is evolving quite quickly. A relatively recent interview with the Deputy Governor, Financial Stability of ……Read More