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| Name | Is a Digital Dollar Coming? Some Financial Experts Warn It Could be Instrument of Government Control |
| Video Uploader | Video From CBN News |
| Upload Date | This Video Uploaded At 19-05-2023 12:51:24 |
| Video Discription | More and more central banks around the world are in the early stages of creating digital currencies. Federal Reserve Chairman Jerome Powell told the House Financial Services Committee in March that the Fed had already begun testing a digital dollar. Powell told the House Financial Services Committee, "We're not at the stage of making any real decisions. What we're doing is experimenting in kind of early-stage experimentation. How would this work? Does it work? What's the best technology? What's the most efficient really at an early stage on? But we're making progress on sort of technological issues." Just like paper dollars, a Central Bank Digital Currency of CBDC would be issued by the Federal Reserve. Those pushing for it say it would have several advantages over physical money. They say it could be used to fight inflation because the Fed would have more direct control over the money supply. It could speed up transaction payments and help fight money laundering. Read the full story from CBN's Dale Hurd: https://www2.cbn.com/news/us/digital-dollar-coming-soon-some-financial-experts-warn-it-could-be-instrument-government CBN News. Because Truth Matters™ Download the free CBN News App: http://cbnnews.com/app SUBSCRIBE to the CBN News Channel for more: http://youtube.com/c/CBNnewsonline/?sub_confirmation=1 SUBSCRIBE to the QuickStart Newsletter by visiting quickstart.news SUBSCRIBE to the Quickstart Podcast. New episodes every morning at 7am: cbn.com/cbnnews/quickstart What's coming up next? Have a look at our program guide: https://www.youtube.com/redirect?q=http%3A%2F%2Fwww1.cbn.com%2Fcbnnews%2Fnewschann&redir_token=3Xja-7LE5ZQebEu1fn-B5ib34tN8MTU3OTg4MjMzMkAxNTc5Nzk1OTMy&v=P0mHVeNNfDw&event=video_description CBN features 24-hour TV news from a Christian perspective. The CBN News Channel provides independent news programming to an underserved audience to enlighten, entertain and inspire Christians around the world. Comments below do not necessarily reflect the views of CBN. Share this live feed with your friends and family: https://www.youtube.com/c/CBNnewsonline Like us on Facebook: https://www.facebook.com/cbnnews/ Like us on Twitter: https://twitter.com/CBNNews Follow us on Instagram: https://www.instagram.com/cbnnews/ Contact News Editors: https://www.youtube.com/redirect?q=https%3A%2F%2Fwww1.cbn.com%2Fcontact%2Fcontact-&redir_token=3Xja-7LE5ZQebEu1fn-B5ib34tN8MTU3OTg4MjMzMkAxNTc5Nzk1OTMy&v=P0mHVeNNfDw&event=video_description Questions about other CBN programs: https://www.youtube.com/redirect?q=https%3A%2F%2Fwww1.cbn.com%2Fcontact%2Fcontact-&redir_token=3Xja-7LE5ZQebEu1fn-B5ib34tN8MTU3OTg4MjMzMkAxNTc5Nzk1OTMy&v=P0mHVeNNfDw&event=video_description Questions about supporting CBN? http://www1.cbn.com/cbn-partners (and) https://www.youtube.com/redirect?q=https%3A%2F%2Fsupport.google.com%2Fyoutube%2F%3Fp&redir_token=3Xja-7LE5ZQebEu1fn-B5ib34tN8MTU3OTg4MjMzMkAxNTc5Nzk1OTMy&v=P0mHVeNNfDw&event=video_description Questions about Helping the Home Front? Call: 800-700-7000 https://www.youtube.com/redirect?q=https%3A%2F%2Fwww1.cbn.com%2F700club%2Fhelping-&redir_token=3Xja-7LE5ZQebEu1fn-B5ib34tN8MTU3OTg4MjMzMkAxNTc5Nzk1OTMy&v=P0mHVeNNfDw&event=video_description #breakingnews #politicalnews #christiannews #christian #christianity #church #breakingnews #cbnnews |
| Category | News & Politics |
| Tags | 2023 | 6327831540112 | american institute for economic research | around | banks | cato institute | cbn news | central bank digital currency | currencies | dale hurd | digital | dollar | fed | federal reserve | jerome powell | fednow | house committee | issued | james rickards | july | news | nicholas anthony | pete earle | world | cbn | christian news | christian tv | christian stories | faith | faith news | faith stories | inspirational stories | news today | today's headlines | quick news | us news | international news |
