Will the US Federal Reserve issue a digital currency (CBDC) ? 127 countries are studying or piloting CBDCs for their citizens including economic powerhouses like China, EU, India, the UK among others. But it seems like the benefits to the consumer are limited while government control and surveillance seem to be the principal benefits. Do we really want to surrender our financial independence and privacy to a central bank ?
Top comments
We are a "deep dive" news podcast, for Americans who get their news from the Internet. Our mission is to give the listener succinct, fact based analysis both non-ideological and independent from a California, Silicon Valley perspective.
Your host
Jim Herlihy is a published author: his novel “Deceit and Dirty Money” is available on line. He served as President of the SF Public Library Commission 1992 - 1996. While working in Latin America, he was a stringer for The Economist, The Times and the BBC. Jim serves as a director on two SF sister city boards : Bangalore, India and Cork, Ireland.