The Digital Dollar Emerges

How Coronavirus became the Catalyst for the Digital Dollar → Crypto Adoption

With the global economy in near shutdown due to coronavirus it appears that the instability of the underlying global financial system has been exposed. The insanity of modern monetary theory (MMT) is about to bring the world to its knees. The writing is on the wall.

Goldman Sachs — 24% reduction in GDP forecast Q2 2020:

The U.S. Economy Could Contract by 24% Next Quarter, Goldman Sachs Says

St. Louis Fed Chief — COVID-19 may lead to 30% U.S. unemployment:

Unemployment could reach 30% in the U.S., says St. Louis Fed's Bullard

Raoul Pal — the biggest financial event in our lifetime is here:

Investor: Coronavirus 'possibly the biggest economic event of all our lifetimes'

Federal Reserve — unlimited quantitative easing (QE) + infinite cash:

Coronavirus and the economy: Best and worst-case scenarios from Minneapolis Fed president

Your ATMs are safe, your cash is safe. There’s enough cash in the financial system and there is an infinite amount of cash in the Federal Reserve

Neel Kashkari — President, Central Bank of Minneapolis