He is correct. A Central Bank Digital Currency (CBDC) would be one of the most dangerous changes to our financial system imaginable.
To be resisted and avoided at all costs.
“I think it’s unconscionable right now that we’re basically telling the poor world, look, we got rich on fossil fuels, it was great for us, but I’m sorry there’s no space for you”
🎙 Marshall Matters 🎙
Environmentalist
I cannot tell which is worse, the ignorance of the so called enlightened or their hubris. Either way, the collision with reality witness painful for many
Great conversation here with@UrbanKaoboy. Totally agree that all the recent hype about the dollar losing its primacy is overblown. Michael makes a # of great points here
HEADS UP: BOJ PRESS TEST
Yomiuri News today: BOJ to review neg side effects of its outsized JGB buying policies at next week’s Jan MPM, implying further tweaks to YCC after/despite Dec MPM shock
¥↑, ¥ implied vol↑
JGB 10Y yield >50bp cap
JGB futures↓ to 9yr low
(Thread) twitter.com/business/statu…
If you knew you were sitting at the helm of a collapse in fin mkts, which would bring social unrest and likely displace your position of power what would you have done?
New video : Another Hockey Stick
Academics learned from Michael Mann that they will be strongly rewarded for making fraudulent temperature reconstructions which suit the needs of politicians.
#ClimateScam