The Gug Letter

The Gug Letter

The Fed is Trying to Create Digital Dollar

It cannot compete with Bitcoin

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Joe Guglielmucci
May 24, 2021
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In Today’s post, we are going to look into the reasons and the reality behind the Fed’s wanting to create a digital dollar.

They want to maintain control of the global reserve without a cash basis but this does not defeat the issue of centralizing the money supply. Any central bank trying to digitize their fiat currency will inevitably push more towards…

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