Powell definitely wants to keep his job. Personally I am hoping he delays or blocks the CBDC. Then again the banks are screwed either way since FinTech is eating their lunch.
Posted Using LeoFinance Beta
Powell definitely wants to keep his job. Personally I am hoping he delays or blocks the CBDC. Then again the banks are screwed either way since FinTech is eating their lunch.
Posted Using LeoFinance Beta
Yes technology is making them obsolete, at least in their basic form.
That said, Powell is not going to want to rush the process by doing anything that puts more banks out of business.
Posted Using LeoFinance Beta