Duration 1:31

Fed Chair Jerome Powell speaks to the IMF on digital currencies

by Yahoo Finance

18 959 watched

0

213

Published 19 Oct 2020

Fed Chair Jerome Powell spoke to the IMF regarding digital currencies in the United States. #FedChairJeromePowell #FedChairdigitalcurrency #Federal Reserve Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. About Yahoo Finance Premium: With a subscription to Yahoo Finance Premium, get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Premium please visit: https://yhoo.it/33jXYBp Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz Follow Cashay.com Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV

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Comments - 67

@

@jerrychandler6574 years ago No sane person would want to give a private bank with secret owners the power of the government. This people belong in jail not handling the treasury. 9
@

@TheFellowMelo4 years ago How can you be the head of the Malaysian Central Bank yet can't afford a proper microphone 19
@

@buckeye2001754 years ago Digital currency to track individual spending ...every transaction 13
@

@esaidecasas65004 years ago so basically they are building something that will be in benefit of the government and not the people, if the people was the focus to benefit we would already have a digital currency worldwide. 7
@

@TimothyLittle134 years ago QE Infinity was really the plan all along 5
@

@paulaugustino33814 years ago There are 15 thousand views of this video and 260 million views of WAP.
Do you really think that people know what is actually going on in their world? 2
@

@devanlitchfield4 years ago This is the ultimate bait and switch. Cross border payments are slow on purpose, they could be instant of course. 1
@

@jordanmartin0074 years ago People need to understand that, while there may be some technological differences, fundamentally, there is no difference between a "CBDC" and "Fiat" currency.
They are both issued by a central authority with exclusive ownership of the currency's issuance rate.
Buy Bitcoin. ... 5
@

@devanlitchfield4 years ago Whatever they say, interpret the opposite and you will have an accurate idea of what they are really trying to say. 1
@

@cardiologyfirstclinic4 years ago She was probably on the only one saying anything important is why they made her audio garbage. 1
@

@pabliux1424 years ago You would think they could afford a microphone, being bankers and all 2
@

@QuaaludeCharlie4 years ago The people don't want Digital Money , I am 53 and never had a Smart Phone for the Tracking Reasons , I use an older 2G Phone without Apple or Google , No Texts , Camera or Apps , Just a Phone , I still use Checks and Cash Only , If everything is Digital we might as well be in Prison , Most People I know shop at Yard Sales , Goodwill and Dollar Stores , Church thrift Shops , We already have ways of Securing our Money for Travel . People want Freedom . Go pound Rocks :\ QC ... 1
@

@Mav05854 years ago Accelerated today by COVID-19” (Digital currency discussions) - yep exactly, going along as planned. 1
@

@dmac58084 years ago If they are worried about getting it right and not making mistakes on cross boarder payments then why in the hell are they still using SWIFT ?
@

@devanlitchfield4 years ago IMF, please tell me how much gold do you hold?
@

@gymnalysis4 years ago No, actually I couldn’t understand a damn word between the accent and the microphone from Malaysia. 1
@

@anitahamlin24114 years ago These folks can't give a presentation meeting with decent sound how can they possibly be given the responsibility of the world's money and future!? We will be further screwed by their dystopian visions! 1
@

@devanlitchfield4 years ago These people can not be trusted with this kind of info 1
@

@Crow-gg5se4 years ago Boss Hog at the BIS is sure excited about knowing how you spend your stored energy. Can it get any more disgusting than that.
Reminds me of the episode of South Park when the government got involved with toilet safety and had a guy with multiple screens watching the bathroom activities of the public with a big bottle of lotion to squirt into his right hand. ...
@

@devanlitchfield4 years ago Globalism and a global crypto currency is not the solution. money that is backed by hard assets that are not exploited and manipulated are the only solution.
@

@robbholmes92154 years ago I think they need to try implementing sum CBD oil, THC....come back down to reality
@

@tonyhewon1994 years ago Bunch of pranksters are going to take use down
@

@devanlitchfield4 years ago How is this such an important issue? This is the least your problems
@

@jerrychandler6574 years ago No sane person would want to give a private bank with secret owners the power of the government. This people belong in jail not handling the treasury. 9
@

@TheFellowMelo4 years ago How can you be the head of the Malaysian Central Bank yet can't afford a proper microphone 19
@

@buckeye2001754 years ago Digital currency to track individual spending ...every transaction 13
@

@esaidecasas65004 years ago so basically they are building something that will be in benefit of the government and not the people, if the people was the focus to benefit we would already have a digital currency worldwide. 7
@

@TimothyLittle134 years ago QE Infinity was really the plan all along 5
@

@paulaugustino33814 years ago There are 15 thousand views of this video and 260 million views of WAP.
Do you really think that people know what is actually going on in their world? 2
@

@devanlitchfield4 years ago This is the ultimate bait and switch. Cross border payments are slow on purpose, they could be instant of course. 1
@

@jordanmartin0074 years ago People need to understand that, while there may be some technological differences, fundamentally, there is no difference between a "CBDC" and "Fiat" currency.
They are both issued by a central authority with exclusive ownership of the currency's issuance rate.
Buy Bitcoin. ... 5
@

@devanlitchfield4 years ago Whatever they say, interpret the opposite and you will have an accurate idea of what they are really trying to say. 1
@

@cardiologyfirstclinic4 years ago She was probably on the only one saying anything important is why they made her audio garbage. 1
@

@pabliux1424 years ago You would think they could afford a microphone, being bankers and all 2
@

@QuaaludeCharlie4 years ago The people don't want Digital Money , I am 53 and never had a Smart Phone for the Tracking Reasons , I use an older 2G Phone without Apple or Google , No Texts , Camera or Apps , Just a Phone , I still use Checks and Cash Only , If everything is Digital we might as well be in Prison , Most People I know shop at Yard Sales , Goodwill and Dollar Stores , Church thrift Shops , We already have ways of Securing our Money for Travel . People want Freedom . Go pound Rocks :\ QC ... 1
@

@Mav05854 years ago Accelerated today by COVID-19” (Digital currency discussions) - yep exactly, going along as planned. 1
@

@dmac58084 years ago If they are worried about getting it right and not making mistakes on cross boarder payments then why in the hell are they still using SWIFT ?
@

@devanlitchfield4 years ago IMF, please tell me how much gold do you hold?
@

@gymnalysis4 years ago No, actually I couldn’t understand a damn word between the accent and the microphone from Malaysia. 1
@

@anitahamlin24114 years ago These folks can't give a presentation meeting with decent sound how can they possibly be given the responsibility of the world's money and future!? We will be further screwed by their dystopian visions! 1
@

@devanlitchfield4 years ago These people can not be trusted with this kind of info 1
@

@Crow-gg5se4 years ago Boss Hog at the BIS is sure excited about knowing how you spend your stored energy. Can it get any more disgusting than that.
Reminds me of the episode of South Park when the government got involved with toilet safety and had a guy with multiple screens watching the bathroom activities of the public with a big bottle of lotion to squirt into his right hand. ...
@

@devanlitchfield4 years ago Globalism and a global crypto currency is not the solution. money that is backed by hard assets that are not exploited and manipulated are the only solution.
@

@robbholmes92154 years ago I think they need to try implementing sum CBD oil, THC....come back down to reality
@

@tonyhewon1994 years ago Bunch of pranksters are going to take use down
@

@devanlitchfield4 years ago How is this such an important issue? This is the least your problems