Episode 1274 • • 25:35 - 28:49
1274: Thugs on a plane
Central Bank Digital Currency, Negative Interest Rates, Programmable Money
Analyst Lynette Zhang explains how a Central Bank Digital Currency (CBDC) would allow the Federal Reserve to implement monetary policy instantly. By using programmable money on a blockchain, the Fed could enforce negative interest rates to compel spending or attach specific contracts to digital funds. This technology enables granular control over the money supply, down to sixteen decimal places.