Legislation for Digital Money and Digital Wallets

U.S. government legislation authorizing the Federal Reserve to create Digital Money and Digital Wallets (introduced on March 23, 2020, no other action yet taken). I expect that this legislation will be passed so that during the next economic crisis the Fed can create electronic “money” and disburse such funds to people.  I believe enactment willContinue reading “Legislation for Digital Money and Digital Wallets”