Tag: paper money

Can the CBDC Be Stopped?

March 24, 2023
banking crisisCBDCcentral bank digital currencycryptocurrencydigital currencyFederal Reservegold standardOpinionpaper moneypopulation controlViewpoints
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Commentary In the year 1900, following two decades of debate about the future of American money, L. Frank Baum wrote “The Wonderful Wizard of Oz,” which served as the template for the greatest of all American movies. The story is about much more than it seems. Beneath the surface, it is an attack on ruling-class…

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Letters Explaining Australia’s $5 Note Shock Decision Released

February 3, 2023
Australiaaustralian currencypaper moneyWorld
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Letters from the Reserve Bank to some of government’s most senior ministers about a decision to scrap the image of the late Queen from Australia’s $5 note can be revealed. King Charles III won’t feature on the note, with the central bank announcing on Thursday it will replace the monarch with a new design which…

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