[Note: See remarks by Catherine in this article by Children’s Health Defense. In addition, Catherine and John Titus discussed Powell’s “mixed messages” on Money & Markets on March 14, 2024.]
By Michael Nevradakis, PhD, Children’s Health Defense
Despite recent statements to the contrary by Federal Reserve Chair Jerome Powell, the U.S. Federal Reserve appears to be proceeding with the development of central bank digital currency (CBDC) infrastructure. Critics weigh in on Powell’s statements and what CBDCs—and going cashless—would mean for U.S. citizens.
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