‘This is a Fed that wants to reduce interest rates.’
So far, the FOMC has increased interest rates in 11 meetings since March 2022 to fight inflation, increasing the rate to 5.33% in July 2023.
While it’s becoming increasingly clear that we will need some sort of monetary reform in the years ahead, a CBDC isn’t the way to go.
‘This is a Fed that wants to reduce interest rates.’
So far, the FOMC has increased interest rates in 11 meetings since March 2022 to fight inflation, increasing the rate to 5.33% in July 2023.
While it’s becoming increasingly clear that we will need some sort of monetary reform in the years ahead, a CBDC isn’t the way to go.