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3232Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power
https://www.digit.info/analyst-warns-of-banks-authority-to-confiscate-funds-decline-of-us-dollar-purchasing-power/
Thu, 09 Feb 2023 20:30:36 +0000https://www.digit.info/2023/02/09/analyst-warns-of-banks-authority-to-confiscate-funds-decline-of-us-dollar-purchasing-power/Read more]]>According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three cents,” her belief that central bank digital currencies (CBDCs) will […]
According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three cents,” her belief that central bank digital currencies (CBDCs) will […]