Jonathan Newman joins Bob to dissect Paul Krugman’s latest NYT op-ed, in which he derides Ron DeSantis as paranoid for thinking a central bank digital currency (CBDC) could be used to control citizens.
Krugman’s op-ed in the New York Times: https://Mises.org/HAP391a
Bob breaking down negative interest rates: https://Mises.org/HAP391b
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00:00 Introduction
00:59 Dangers of Central Bank Digital Currencies
08:08 CBDC doesn’t mean ‘Fedcoin’
14:04 Civil Asset Forfiture and CBDCs
23:08 Using Money to Change ‘Undesirable’ Behavior
26:48 Negative Interest Rates and a Cashless Society
35:15 Trusting the Government with your Money
47:04 Currency Predictions