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IMF Releases Digital Currency Handbook For World's Central Banks

Submitted by Dave Hodges on Wednesday, November 22, 2023 - 05:34.

Zero Hedge

Authored by Naveen Athrappully via The Epoch Times (

The International Monetary Fund (IMF) released a handbook for global central banks regarding the development and implementation of central bank digital currencies (CBDCs).

The IMF's "Central Bank Digital Currency Virtual Handbook" published last week pointed out that the increased use of CBDCs can "reduce dollarization" of the global economy—a situation where countries move away from relying on the U.S. dollar as a reserve currency. De-dollarization would push up borrowing costs in the United States, making loans expensive for businesses and individuals, thus affecting economic growth. Stock market values can also crash, reducing the savings and investments of Americans.

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dave hodges

Dave Hodges has been publishing the Common Sense Show since 2012. The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty.

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