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Central Banks

Kevin Warsh between a Rock & a Hard Place on Inflation

  QUESTION: Kevin Warsh said that responsibility for 65 months of inflation is the Fed’s fault yet he seemed to to imply price stability and the speed of...

Europe’s Digital Euro Is Coming in 2029

The European Central Bank is moving ahead with the digital euro and expects to begin a 12-month pilot during the second half of 2027. Thirty-six banks and payment...

The CBDC Ban Expires with the Economic Confidence Model in 2030

The United States has become the first nation to prohibit its central bank from creating a central bank digital currency, but Congress quietly placed an expiration...

CBDCs Controlling the Debt Market

India is preparing to launch its first tokenized corporate bond in September, and this experiment exposes where the digital monetary system is ultimately heading....

The Fed Is Split Because Inflation Is Political

The Federal Reserve minutes from the June 16–17 meeting showed policymakers divided over where interest rates should go next. The official minutes admit the...

Warsh’s First Fed Meeting Sends a Message

  Everyone expected Kevin Warsh to come into his first Federal Reserve meeting and immediately begin cutting rates because Trump put him in the chair. That was...

Kevin Warsh and the End of the Powell Era

Kevin Warsh is now stepping into one of the most difficult jobs at a time when inflation is rising again, energy prices are climbing because of the Middle East...

The Fed’s Real Stress Test

Jerome Powell is now warning that the Federal Reserve is undergoing a “stress test” and that political interference threatens public confidence in the...

Bank of Korea Vows to Create CBDC

  The Bank of Korea has now made its position unmistakably clear, and this is precisely what I have been warning about for years. In his very first address,...

Brazil Quietly Shifts Away from the Dollar to Gold

The Banco Central do Brasil has raised gold’s share of reserves from 3.55% to 7.19% in just one year, effectively doubling its exposure and making gold the...