MARK CARNEY BACKS DIGITAL CURRENCY

6 months ago
26

Mark cartooney warn the world was too dependent on the US dollar, he argued that countries shouldn't be at the mercy of the federal reserve's decisions which impact inflation, interest rate and markets worldwide his solution, a new global currency system that reduces reliance on the US dollar a central backed digital currency that could replace the dollar in international trade.
The 2019 Jackson Hole Economic Symposium, hosted by the Federal Reserve Bank of Kansas City, was a prominent event where central bankers, policymakers, academics, and economists discussed "Challenges for Monetary Policy".

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