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Paper Only Looks Good on Paper: SchiffGold Friday Gold Wrap April 28, 2023

  by SchiffGold  0   0

Many people are concerned about a possible move toward central bank digital currency and we’re starting to see organized pushback on the idea. But as Friday Gold Wrap host Mike Maharrey explains, a lot of people are so caught up in taking on CBDC that they’re missing the more fundamental problem with government-issued fiat currency. Paper money isn’t the solution. It is the parent of the problem.

TOPICS DISCUSSED

Is $2,000 gold support or resistance?
What is central bank digital currency (CBDC)?
The problems with paper money
Better ways to take on CBDC

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below.

Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary.

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SHOW NOTES

Mississippi Repeals Sales Tax on Gold and Silver

The Technicals: Is $2,000 Gold Support or Resistance?

Arkansas Law Makes Gold and Silver Legal Tender in the State

Texas Bill Would Create State-Issued Gold-Backed Digital Currency

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