Paper Only Looks Good On Paper

Image Source: Pexels

Many people are concerned about a possible move toward central bank digital currency and we’re starting to see organized pushback on the idea. But as Friday Gold Wrap host Mike Maharrey explains, a lot of people are so caught up in taking on CBDC that they’re missing the more fundamental problem with government-issued fiat currency. Paper money isn’t the solution. It is the parent of the problem.

Topics discussed

• Is $2,000 gold support or resistance?
• What is central bank digital currency (CBDC)?
• The problems with paper money
• Better ways to take on CBDC

Running Length: 00:22:14

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