We all know that central bank digital currencies are bad news. But do you know the difference between retail and wholesale CBDCs? And do you know why the American Bankers Association is against the implementation of retail or intermediated CBDCs? Today James takes you beyond the basics and begins introducing you to the split circuit monetary system as we dive deeper down the programmable money rabbit hole.
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This week on the New World Next Week: The EU parliament strikes down ACTA; the Japanese government restarts the first nuclear reactor since the Fukushima crisis shut them down; and the EU banksters cry for more power to regulate the Euro crisis they created.
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The Brixton Pound. The Volos TEM. The Calgary Dollar. Around the world there are local alternative currencies in almost every large community. Most people are aware of these alternatives, but few are aware of their significance. Today we discuss the next step in decentralization, monetary independence, with our guest Eyal Hertzog.
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