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JUST IN – Fed Chair Powell: “Rapid changes are taking place in the global monetary system that may affect the international role of the dollar.”
BitCoin Mag via SpaceXTwitter ^ | 6/17/22
Posted on 6/17/2022, 10:20:40 AM by BusterDog

JUST IN – Fed Chair Powell: “Rapid changes are taking place in the global monetary system that may affect the international role of the dollar.” 👀— Bitcoin Magazine (@BitcoinMagazine) June 17, 2022

https://freerepublic.com/focus/news/4071813/posts?page=1

And, this ....

https://www.msn.com/en-us/money/markets/feds-powell-a-us-digital-dollar-could-help-maintain-international-primacy/ar-AAYzHee

...Powell cited the importance of the dollar in global financing, noting in particular the significance of vehicles such as the one the Fed put in place during the Covid pandemic that loaned greenbacks to global central banks in need of liquidity.

He also noted coming changes in the global financial system, including the use of digital currencies and payments systems like FedNow, a service expected to come online in 2023.

A digital currency, as has been discussed by Fed officials, could help support the dollar as the world's reserve currency, he said.

“Looking forward, rapid changes are taking place in the global monetary system that may affect the international role of the dollar in the future,” Powell added....