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Does the Fed Have Any Idea What It’s Doing? | Jeff Snider & Brent Johnson

Hidden Forces

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The Importance of Central Bank Digital Currency

Brent Scowcroft: The only reason they're good at getting into the digital space is because the private sector has been eating their lunch time and time again. They are not working on central bank digital currencies that are an actual working currency, he says. "If you already believe the dollar is dead, then you take Russia and China at their word when there's absolutely no evidence you should,"Scowcroft adds.

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