Tag Archives: Rainbow Currency

The Fed’s Cure Risks Being Worse Than the Disease

31 Mar
Treasury

(Bloomberg Opinion) March 27, 2020 — The economic debate of the day centers on whether the cure of an economic shutdown is worse than the disease of the virus. Similarly, we need to ask if the cure of the Federal Reserve (Fed) getting so deeply into corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds […]

USD Rainbow Currency on the Horizon

31 May
USD-Rainbow-Currency

The phrase “central bank digital currency” (CBDC) has been used to refer to various proposals involving digital currency issued by a central bank. A report by the Bank for International Settlements states that, although the term “central bank digital currency” is not well-defined, “it is envisioned by most to be a new form of central bank money, hence the Rainbow […]