The Treasury, the Fed, and the International Central Bank Consensus

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The main actors are the Treasury, the Fed in Congress. And then there's another group which we can call the liberals,. These are people who like public infrastructure, but they don't really care that much about civil liberties. So I feel like that group would just kind of collapse under their being okay with the central bank consensus policy on CBDC.

Rohan Grey is an assistant professor at Willamette University College of Law and has been involved in the world of politics and government as it relates to our public money systems.

You might remember him as the guy behind the STABLE Act (Stablecoin And Bank Licensing Enforcement) which turned into an episode we did with him in December of 2020.

The topic of CBDC and the politicization of our money system has returned, so we wanted to get Rohan back on to learn about what this conversation from his point of view.

------ ✨ DEBRIEF | Unpacking the episode: https://www.bankless.com/debrief-rohan-grey

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------ In today’s episode, Rohan helps us understand:

1) Who are the power structures supporting and fighting over the CBDC 2) Why the crypto community might have to support a digital dollar… or else!? 3) Why you should be skeptical about the anti-Gensler politicians 4) Finding the common ground between Rohan and Bankless

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------ TIMESTAMPS:

0:00 Intro 7:39 CBDC Fight in D.C.? 9:20 What Side Is Rohan On? 11:07 Public vs. Private Money 14:36 The Political Chessboard 25:11 Republicans & CBDCs 30:22 Anti-Gensler Republicans 34:23 Central Bank Independence 40:15 Elizabeth Warren War on Crypto 51:25 Crypto x Political Alignment 57:50 The Case for Crypto 1:02:52 Public Goods & Capitalism 1:04:33 Digital Dollar & Privacy 1:07:21 The Central Banker Problem 1:16:49 Property Rights 1:22:44 Rohan’s Advice to Builders 1:28:09 Closing & Disclaimers

------ RESOURCES:

Rohan Grey https://twitter.com/rohangrey Rohan’s Previous Bankless Episode https://youtu.be/1ywsNq0XAfE

No Spy Cash https://www.nospycash.com/

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures