George Gammon, host of the popular Rebel Capitalist show, warns that the Fed won’t have to force the public to adopt a central bank digital currency (CBDC). Instead, the public might clamor for it, being promised safe, high-interest checking accounts at the Fed, just like Jamie Dimon.
The Rebel Capitalist show: https://Mises.org/HAP405a
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Chapters
00:00 Against Our Limitless Regime
01:00 Introduction
02:08 Public Interest in Economics
10:11 Misinterpretations of CBDCs
17:46 Why the Public Will Want Cbdcs
27:06 CBDCs and Digital Dollars
35:32 Implications of Fed Checking Accounts
40:49 Real-World Examples
44:11 How Cbdcs Will Be Implemented
46:33 Decentralized Solutions and Alternatives