1 APR 2024 · We discussed the coming of Central Bank Digital Currencies during previous Secret War on Cash podcasts. They are here now. Will CDBCs become the future of American -- and world -- banking? In 2023, U.S. TreasurySecretary Janet Yellen has in the past called the idea of CDBC's "transformative," but also said our transition to such needs a dominant dollar to keep the digital currency plan stable. Due to over-printing and devaluation of our fiat currency and the looming gold-backed BRICS currency, the days of dollar dominance may be over, moving way to global de-dollarization. With that, what dould a shift to a Central Bank Digital Currency mean if it happens under these conditions? On the BRICS side, the alliance is already looking into the idea.Â
Swiss America CEO Dean Heskin and Chris Agalestos break down the plans for CBDCs, the portential ramifications of switching over to one here in the US, world ripple effects and what it all means to you on the Secret War on Cash
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Artcles referred to in this podcast:
https://www.benzinga.com/news/24/03/37928401/swift-plans-launch-of-platform-connecting-central-bank-digital-currencies-with-global-banking-system
https://watcher.guru/news/us-monitoring-brics-digital-currency-push-amid-dollar-decline