Will the Fed’s plans for a future digital currency trigger stagflation? George Gammon of the Rebel Capitalist outlines his theory of why this could be the upcoming reality. He tells our Daniela Cambone how a Fed Central Bank digital currency would lead to severe economic distortions.
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See also U.S. Department of Commerce, Bureau of Economic Analysis, and Congressional Budget Office release reports proving the economy has taken massive downturn Q2, and admits inflation and GDP growth will surpass "unsustainable levels" by the end of the year. 2011 CBO projections v.s. 2021 actual numbers