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Politico/Victoria Guida/6-12-2021
“The Federal Reserve is taking what may be the first significant step toward launching its own virtual currency, a move that could shake up banks, give millions of low-income Americans access to the financial system and fortify the dollar’s status as the world’s reserve currency.”
USAGOLD note: Whether we go digital with the dollar or stay solely analog, it is still a fiat dollar. It will not become any better or worse. The misguided steps by its issuer will remain in play. It will not become a better reserve currency (and store of value), just one easier to use.
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