Michael Every joins me in this episode. He's the global strategist for Rabobank.

Today I've learnt A LOT from this discussion, including why Central Banks worldwide have taken a keen interest in the environment, and Central Bank Digital Currencies recently.

Programmable currency can ensure capital and resource is directed towards green infrastructure projects. Assuming the currency is linked to a common objective of a large trading block (say Europe, North America, Australia and NZ?), you now have an idea of what could make a new base for a common currency.

A CBDC backed by carbon?

It's hard to say if that plays out, but either way it means the shift towards this transformation could come at the cost of producing goods and services for consumption. If the supply side falls, higher interest rates have to beat down consumer demand even further.

In other words, under this hypothetical scenario – things get really expensive for you and me, and our standard of living for the first time in a long time, may broadly decline.

Still, we'll likely do it for a good cause...

CBDC’s. Previously known as a solution looking for a problem, now appear to have a purpose in the green transition. A common digital currency, working towards a common objective of controlling our environment: We've arrived in Oceania about 40 years late.

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News of the Money-World LIVE is happening on the 24th of November. Rupert and I, along with a few other guests you may know, would really love to meet you and to share our candid thoughts around what’s been, and what’s to come. If you’ve been listening in I’d really love to see you there – we owe you a thanks at the very least, or a your welcome at the very most – Pizza, drinks, prizes and 4 amazing speakers – It’s like Woodstock, but with a rate of return.

Special thanks to our event partners who have contributed in some way to make this happen: Easy Crypto, MyGold, Mortgage HQ, koura wealth, and the Everyday Investor.

The venues amazing, but as a result, tickets are pretty limited - Tickets are only $15 each – all going to charity.

Get in quick, BUY TICKETS NOW!

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AB 291 Live!: Innovation Bounty Hunters with Christian Cotichini