RE: Stablecoins Find a Friend in Federal Reserve Governor Christopher Waller
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I took the opportunity to read Waller's earlier speech this morning and briefly thought about incorporating some of it into this article. But I thought that might be too much even though it was very insightful.
As for Powell, the only good thing to say is we probably will not see a CBDC under his watch. Otherwise he is proving to be a weak Chairman who is too wishy-washy for my tastes.
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