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Fed Could Shut Down Your Account w/ FedCoin | Alasdair MacLeod
Inflation is rising and is being underreported by governments, says Alasdair MacLeod, Head of Research at Gold Money. Interest rates have to rise, regardless of whether monetary policy changes them. There is an effort globally by central banks to consolidate power by issuing their own CBDC cryptocurrencies. If issued by the Fed, FedCoin would involve a new level of control over every transaction and an invasion of privacy, Alasdair says.
Alasdair's article: https://www.goldmoney.com/research/goldmoney-insights/money-supply-and-rising-interest-rates
1:47 Inflation
17:03 Interest rates
20:48 Basel III
29:27 Metals trading
32:24 FedCoin
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