Financial Stability Board Archives - Rethinking the Dollar

‘New Bretton Woods Moment’ Ends With A Global Stablecoin (CBDC is Phase #1)

Oct 19, 2020 | Monetary Education

On Thursday, October 15, the IMF published a speech written by the IMF’s Washington, DC managing director, Kristalina Georgieva called “A New Bretton Woods Moment.” The article has caused sound money and free-market advocates to grow concerned that a big change is...

Shadow bank weaknesses forced Fed’s market rescue, Quarles says

Jul 15, 2020 | Economic Collapse

A top Federal Reserve official is issuing a warning about fast-growing and largely unregulated shadow lenders: They were a big factor in why central banks had to save markets earlier this year, and much more needs to be done to assess the risks posed by the sector....