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Utah Committee Passes Bill that Would Exclude CBDC from State Definition of Money

HB164 would specify that "a central bank digital currency is not specie legal tender and is not legal tender in the state," effectively excluding CBDC from the state's definition of money under the Utah Specie Legal Tender Act - and the state's Uniform Commercial Code (UCC).
United States James Madison Thorsten Polleit Aaron Brown Tyler Clancy House Economic Development

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Casino Capitalism and the Derivatives Market: Time for Another "Lehman Moment"?

Reading the tea leaves for the 2024 economy is challenging. On January 5th, Treasury Secretary Janet Yellen said we have achieved a โ€œsoft landing,โ€ with wages rising faster than prices in 2023. But critics are questioning the official figures, and prices are still high. Surveys show that consumers remain apprehensive. There are other concerns. On December 24, 2023, Catherine
United States Catherine Herridge James Rickards Warren Buffett David Rogers Webb Brian Eha

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