Central Bank

Thomas Massie Introduces Bill to Abolish Federal Reserve

Thomas Massie Introduces Bill to Abolish Federal Reserve

Republican Rep. Thomas Massie (R-KY) has just introduced a bill to eliminate the U.S. Federal Reserve. Since it was created more than 110 years ago, the Fed has operated as the nation’s central banking system. Massie's "Federal Reserve Board Abolition Act," H.R. 8421, abolishes the Board of Governors of the…
Read More
IMF Calls on Governments to Replace Cash with CBDC

IMF Calls on Governments to Replace Cash with CBDC

The International Monetary Fund (IMF) has called on governments around the world to eliminate physical cash and replace their sovereign currencies with a single Central Bank Digital Currency (CBDC). A CBDC is a form of "digital money" that is managed by the government and central bank bureaucrats. The main difference…
Read More