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TIP514: Permanent Supply Chain Disruptions That Will Sink the Economy w/ Jim Rickards
We Study Billionaires - The Investor’s Podcast Network
Is There an Argument to Be Made About a CBDC?
CNN's John Defterios asks if a central bank digital currency could preserve the global reserve dominance we currently have, or does it only kind of expedite its demise. He says in this discussion to distinguish between a reserve currency and a payment currency is important. The People's Bank of China does not have a palace of hundred dollar bills stacked up in their basement; what they have is a dollar-denominated security. If you don't have that, you can't be a reserve currency because nothing to invest in.
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