Which Economy? The Banking One or the Real One? I was catching up with a friend recently who is still situated in what I like to call Canazuela the other day. He was enthused to inform me that the Bank of Canada had decided to drop the CBDC, or Digital Dollar project that they had […]
Tag: federal reserve
Set Your Watches & Get Ready
The Little Sand in the Hour Glass It’s often thought that the Federal Reserve comes in-and-out during bad & “good” times to monitor & bail out the financial system. However, this is only part-true in that the Federal Reserves is continually bailing out the financial system. It has numerous channels, facilities, or windows whereby businesses, […]
