In today’s episode of Radio Rothbard, Mark Thornton and I both mentioned the yield curve’s inversion as an alarming indicator of a significant recession in the not-too-distant future. 

For more on why an inversion of the yield curve predicts recession can be found here and here. 

[This article is adapted from a panel discussion on Christian Nationalism at Freedom Fest in Memphis on July 14, 2023. The other panelists were Norman Horn, Kerry Baldwin, and Alex Bernardo of the Libertarian Christian Institute. ]

“Experts” at the Federal Reserve and other central banks proudly broadcast the potential “financial inclusion” that could be achieved with a central bank digital currency (CBDC). In the Fed’s main CBDC paper, “Money and Payments: The U.S. Dollar in the Age of Digital Transformation,” they make it clear: “Promoting financial inclusion—particularly for economically vulnerable households and communities—is a high priority for the Federal Reserve . . .