The Duran
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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
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Thanks to HerroqE’s big reveal we now know that Lilly is Eric… not max Keiser.
Trade between sovereigns via CBDC is a great idea – or is it? Perhaps analogous to the US trade $ of old? The issue I think is that CBDC success ultimately depends on adaption by other sovereigns, who must subscribe to the system, and the CBDC’s functional relationship to fiat. For example, if a sovereign must monetarily support (subsidize) its own CBDC to maintain parity with its own FOREX currency? … well that could be painful. That’s likely too, since the Great Unwashed are unlikely to willingly adapt CBDC’s for their own transactions. History may not repeat but does rhyme,… Read more »