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Central banks

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Rep. Michael Cloud Calls CBDC 'Ultimate Surveillance Tool' in Rules Hearing

Jun 23, 2026

The short Forbes Breaking News clip shows Rep. Michael Cloud (R-TX) speaking during a House Rules Committee markup on an energy and water appropriations bill. Cloud states that a central bank digital currency would be the ultimate surveillance tool and tool of control, urging action to prevent future generations from facing it. Chairman acknowledges the comment but notes it is not germane to the bill under discussion, which focuses on spending cuts and national security priorities for fiscal year 2026 and beyond.

Source: Forbes Breaking News

Reuters interview examines central bank challenges amid demographics and debt

Jun 16, 2026

The segment features host Peter Falen interviewing economists Charles Goodhart and Manoj Pradhan on their book 'The Unanchored Central Banker.' They argue aging populations, fiscal pressures, and geopolitical issues will sustain higher inflation, weakening central bank independence and tools. Discussion covers demographics' fiscal impact via healthcare costs (Baumol's cost disease), government debt dynamics, China's role in past disinflation, Phillips curves, AI productivity potential, and risks of bond market crises or political pressure on banks like the Fed under Trump.

Source: Reuters