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HomeTrading NewsIntroducing: Next-Gen Digital Dollars

Introducing: Next-Gen Digital Dollars

As you likely know, one of the primary functions of the Federal Reserve is to manage the United States’ monetary supply.

And right now, it’s hard at work creating a next-gen digital dollar.

It’s a new form of digital money that could one day replace the paper money in your wallet.

This new currency is called a central bank digital currency, or CBDC for short.

And whether you like the idea of a completely digital currency replacing your dollars or not, it’s coming soon.

In today’s video, I discuss these CBDCs and highlight their pros and cons.

It’s shocking there are cons, I know. But there are.

(If you’d prefer to read a transcript, click here.)

Regards,

Steve Fernandez

Research Analyst, Strategic Fortunes

Morning Movers

From open till noon Eastern time.

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