The Federal Reserve is thinking about a digital dollar
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Plus, what shoe sales are telling us about the economic recovery, President Joe Biden is asking federal agencies to gauge the financial risk of climate change and the cash-free model might be here to stay.
Segments From this episode
The Federal Reserve is thinking about a central bank digital currency for the U.S., which would be less volatile than Bitcoin.
Dress shoe could give us a sense of how the economy is recovering.
Biden asks federal agencies to gauge financial risk of climate change. Many businesses are already there.
The federal government is likely to start by following major businesses' lead, one analyst told us.
The answer might depend on how much advertisers spend, and where they spend it.
The pandemic has accelerated the cashless trend, according to the electronic payments company Square.