Fed President Just DESTROYED Argument for CBDC

Fed President Just DESTROYED Argument for CBDC

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Neel Kashkari, the president of the Minneapolis Fed, just destroyed the arguments for a central bank digital currency.

This is a huge shock to me because he's always advocated for policies that are anti-American. He was one of the key participants in orchestrating the bailout in the financial crisis. He then got a job back on Wall Street after that, (he came from Wall Street before).

So, he's always been at the helm of pushing things that are good for him, good for the Treasury, good for the Fed, but not good for Americans. And this was true in 2020 as well, when he kept on pushing for more and more money, printing more and more easing, despite the fact that everybody who knew what was going on knew it was going to result in inflation, he said, “No, no, no”, it won't result in inflation, but we have to give credit where credit is due because this is the last thing that I expected to come out of his mouth.

He absolutely destroys the arguments for why America would ever need, or ever want a central bank digital currency. We are going to jump into why.

Watch the full interview here (CBDC comments start at 14:08)
https://youtu.be/RotcD7OREP4?t=849

Timecodes
0:00 Video Overview
1:04 Intro
1:11 Portfolio Allocation Mastery Course
1:36 Who is Neel Tushar Kashkari?
5:49 What Can You Do with A CBDC
8:52 Financial Tyranny
12:42 Outro

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#FedPresident #Kashkari #CBDC