by Jim Rickards, Daily Reckoning:
For the past two years, I’ve been warning about the emergence of central bank digital currencies (CBDCs), or as I like to call the U.S. version, “Biden Bucks.”
Can good old-fashioned American federalism stop them? We’ll consider that possibility today.
If you’re a new reader who isn’t familiar with Biden Bucks, or an existing reader who could use a reminder, the Biden administration is planning to create a purely digital dollar.
by Ron Unz, The Unz Review:
Over the last half-dozen years I’ve regularly cited the work of John Beaty, a respected academic who spent his entire teaching career at Southern Methodist University in Dallas, Texas.
During World War II, Prof. Beaty served in Military Intelligence and his responsibilities included producing the daily intelligence briefing reports distributed to the White House and the rest of our top political and military leadership. That position provided him with a unique perspective on the entire course of the conflict.
