Alan Greenspan, who died on Monday, is being remembered largely for his time as chairman of the Federal Reserve from 1987 through 2006. In that position, Greenspan played a critical role in advancing the American state.
Tag: Federal Reserve
A poll from the Cato Institute indicates that, while about half of Americans do not have an opinion regarding whether the Federal Reserve should “begin offering a government-issued digital currency, called a ‘central bank digital currency’ (CBDC),” among those with an opinion on the matter over twice as many — 34 percent of poll participants — oppose the prospect as support it — 16 percent.
It’s official: The Federal Reserve Bank of New York announced Tuesday that it and a group of big financial institutions will be testing, over a 12-week period, use of “digital dollars” — the term now often being used to describe a central bank digital currency (CBDC) from the Federal Reserve. CBDCs threaten to eviscerate privacy and enable direct and sweeping control over who can spend how much and on what, all based on the desires of financial and governmental elites.