The Fed's Digital Dollar Will Be Backed By Weimar Bonds.

#federalreserve #treasury #digitalcurrency #deficit #nationaldebt #gold #silver #markets #economics #centralbanks #CBDC #QE #CBO

Today we will look at what is being dubbed as CBDC or Central Bank Digital Currency and why it will come as a cost to those it is supposed to benefit.

The conclusion is that only the very wealthy will be able to protect themselves financially versus the effect of more debt and fiat currency creation as they normally have the wherewithal to hedge currency debasement via investments in hard assets and commodities.

In Unprecedented Monetary Overhaul, The Fed Is Preparing To Deposit "Digital Dollars" Directly To "Each American": https://www.zerohedge.com/markets/loretta-mester-hints-fed-preparing-deposit-digital-dollars-directly-each-american

The 2020 Long-Term Budget Outlook: https://www.cbo.gov/publication/56598#_idTextAnchor004

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