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Comment by CameronNemo

3 years ago

Powell seriously discussed CBDC in his recent testimony to congress. He mentioned it was far off.

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CameronNemo

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JumpCrisscross  3 years ago

> Powell seriously discussed CBDC in his recent testimony to congress. He mentioned it was far off

It isn't being seriously discussed for implementation. The working groups are disbanded. The Fed won't write it off--they shouldn't. But CBDCs are as proximate as postal banking.

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