Is the GENIUS Act Creating a Shadow CBDC System?

Is the GENIUS Act Creating a Shadow CBDC System?

In the increasingly complex debate surrounding central bank digital currencies (CBDCs), stablecoins, and the regulatory perimeter of the dollar system, few recent proposals are as quietly consequential as the GENIUS Act — formally, the “Guaranteed Electronic Notes Issuance Under Supervision” Act — which proposes to grant federally chartered banks exclusive authority to issue stablecoins fully…

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Is the GENIUS Act Creating a Shadow CBDC System?

Is the GENIUS Act Creating a Shadow CBDC System?

In the increasingly complex debate surrounding central bank digital currencies (CBDCs), stablecoins, and the regulatory perimeter of the dollar system, few recent proposals are as quietly consequential as the GENIUS Act — formally, the “Guaranteed Electronic Notes Issuance Under Supervision” Act — which proposes to grant federally chartered banks exclusive authority to issue stablecoins fully…

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Nazis Teach Us How to Defeat Them

Nazis Teach Us How to Defeat Them

The late Peter Drucker is considered the father of modern management theory. Born in Vienna, he was a young lecturer at Frankfurt University early in Hitler’s regime. In his book Adventures of a Bystander (retold in Life in the Third Reich), Drucker recounts the initial Nazi-controlled faculty meeting at Frankfurt University, which occurred shortly after…

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