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The Fed's Role in the Financial Crisis
The Fed is going to give number one priority to protecting its position internationally. There are numerous players within the Fed system who are non-adthusiastic about the dangers of CBDCs. I don't see why any Americans would ever let this happen. The danger is, of course, if you go to a digital, an all-digital financial system, there is a danger that the euro-dollar market and the BIS could end up controlling the Fed. But how can the Fed implement this technology without ending up being a victim of central control? As I said, they're rolling out Fed. Now at the Fed on the Fed now system.