Argentina’s Presidential Candidate Vows To Shut Down Central Bank
Argentina’s top presidential contender, Javier Milei, known as an anarcho-capitalist, created turmoil in local financial markets and caused currency devaluation after his surprising victory in the Sunday primary. Adding to the astonishment, he declared his intention on Wednesday to shut down the country’s central bank. Despite this, he emphasized his commitment to preventing a default […]
International Monetary Fund ‘Working Hard’ On A Global Central Bank Digital Currency Platform
International Monetary Fund Managing Director Kristalina Georgieva stated that the IMF is “working hard” on a global central bank digital currency platform. The International Monetary Fund (IMF) is “working hard” on a “global CBDC (Central Bank Digital Currency) platform,” the IMF managing director announced Monday. “If we are to be successful, CBDCs could not be […]
Zimbabwe’s Central Bank To Issue Gold-backed Digital Currency: Report
According to a report, the Reserve Bank of Zimbabwe is planning to issue a gold-backed digital currency.
Jamaica, Bahamas And The Caribbean Launch Central Bank Digital Currency
Jamaica, Bahamas and the Caribbean have all sunk their toes into the virtual currency market by launching the Central Bank Digital Currency. The country’s CBDC is called the Jam-Dex and it carries with it a tagline as relaxed as the nation’s reputation: “No cash, no problem”.
Why The British Created India’s Central Bank – Reserve Bank Of India
The British Empire created the Reserve Bank of India, as a “Sheathed Weapon,” used to fleece Indian wealth. This bank remained the primary source of British finances for the Second World War. A report by Masood Rezvi. Central banks have invariably been used by their governments to create money for war funding. Britain, in fact, was able […]