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Ep 15: Will the U.S. Dollar Go Digital?

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Manage episode 361214571 series 3402937
Content provided by Bulman Wealth Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bulman Wealth Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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Buckle up, because today we’re diving into the recent buzz around digital currency in the United States. As you might’ve heard, the Federal Reserve recently announced its openness to experimenting with the development and implementation of a digital U.S. dollar. While this possibility may seem daunting, there's no need to panic just yet. It's a multi-faceted issue with many layers to consider, and it is certainly not set to happen anytime soon. However, it's a topic worth exploring, and that's exactly what we're going to do today.
In this episode, we'll take a closer look at what this could mean for the U.S. dollar, why it's being considered, and the pros and cons associated with it.
Here’s some of what you will learn in this episode:

  • What is a digital dollar? What might this look like? (3:08)
  • How deep have these conversations gotten with the Federal Reserve? (5:08)
  • Exploring some pros of this issue. (6:05)
  • Exploring some cons of this issue. (10:40)

If you have any questions about what we discussed or anything else in your financial plan, email us at ask@bulmanwealth.com.
REFERENCES FOR THIS EPISODE: https://www.nbcnews.com/politics/politics-news/desantis-rfk-jr-misconstrue-fednow-digital-dollar- plans-rcna78591

https://www.investopedia.com/us-cbdc-6740586
WAYS TO CONNECT:
Book a 15-minute discovery call with the team here: https://calendly.com/rachel-bwg
Visit https://bulmanwealth.com/marcos-lemus to learn more about Marcos Lemus and the other members of the team.
If you have any questions about what we discussed or anything else in your financial plan, email us at ask@bulmanwealth.com. You can also reach the team by phone at (916) 458-8199.

  continue reading

31 episodes

Artwork
iconShare
 
Manage episode 361214571 series 3402937
Content provided by Bulman Wealth Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bulman Wealth Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Send us a Text Message.

Buckle up, because today we’re diving into the recent buzz around digital currency in the United States. As you might’ve heard, the Federal Reserve recently announced its openness to experimenting with the development and implementation of a digital U.S. dollar. While this possibility may seem daunting, there's no need to panic just yet. It's a multi-faceted issue with many layers to consider, and it is certainly not set to happen anytime soon. However, it's a topic worth exploring, and that's exactly what we're going to do today.
In this episode, we'll take a closer look at what this could mean for the U.S. dollar, why it's being considered, and the pros and cons associated with it.
Here’s some of what you will learn in this episode:

  • What is a digital dollar? What might this look like? (3:08)
  • How deep have these conversations gotten with the Federal Reserve? (5:08)
  • Exploring some pros of this issue. (6:05)
  • Exploring some cons of this issue. (10:40)

If you have any questions about what we discussed or anything else in your financial plan, email us at ask@bulmanwealth.com.
REFERENCES FOR THIS EPISODE: https://www.nbcnews.com/politics/politics-news/desantis-rfk-jr-misconstrue-fednow-digital-dollar- plans-rcna78591

https://www.investopedia.com/us-cbdc-6740586
WAYS TO CONNECT:
Book a 15-minute discovery call with the team here: https://calendly.com/rachel-bwg
Visit https://bulmanwealth.com/marcos-lemus to learn more about Marcos Lemus and the other members of the team.
If you have any questions about what we discussed or anything else in your financial plan, email us at ask@bulmanwealth.com. You can also reach the team by phone at (916) 458-8199.

  continue reading

31 episodes

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