Premium Domain Names for Sale at
A U.S. lawmaker has accused the Federal Reserve of quietly working on a central bank digital currency (CBDC) — which he likens to “building the financial equivalent of the Death Star.”
For the uninitiated, the Death Star is a moon-shaped space station and superweapon featured in the Star Wars franchise.
While a CBDC would not share the Death Star’s ability to annihilate planets with a super laser, Rep. Warren Davidson of Ohio believes it would create similar authoritarian powers for the nation’s central bank to “corrupt … [coerce] and control” Americans through their money.
Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead. Get in now for strong long-term tailwinds
Worried about the economy? Here are the best shock-proof assets for your portfolio. (They’re all outside of the stock market.)
Commercial real estate has outperformed the S&P 500 over 25 years. Here's how to diversify your portfolio without the headache of being a landlord
In an outburst on X (formerly Twitter), the Republican called on Congress to “swiftly ban, then criminalize any effort to design, build, develop, test or establish a CBDC.”
“Money should not be programmable by a central authority,” Davidson wrote. “Money should be a stable store of value and an efficient means of exchange, not a tool for surveillance, coercion, and control. Sound money facilitates permissionless, peer-to-peer transactions.”
A CBDC would essentially be a government-issued and -backed “digital dollar” that would be widely available to the general public.
Interest in CBDCs has grown alongside a wave of technological advances in private-sector financial products, including digital wallets, mobile payment apps, and new digital assets such as cryptocurrencies and stablecoins.
The Fed believes a CBDC could have many potential benefits, including: giving U.S. citizens a convenient, electronic form of central bank money, while also supporting faster, cheaper payments and expanding consumer access to the financial system.
But along with those benefits, others argue a CBDC poses issues of autonomy and control. It could essentially create a direct line from the central bank to individual people, meaning that the federal government could have the ability to track every transaction going into and coming out of people’s accounts. A CBDC could also be programmable with built-in rules, meaning that the government could impose restrictions on the use of the money.
That being said, the Fed does address those privacy concerns on its site, stating that “any CBDC would need to strike an appropriate balance between safeguarding the privacy rights of consumers and affording the transparency necessary to deter criminal activity.” And the central bank indicated that any potential CBDC should be intermediated, meaning that accounts or digital wallets would be offered and managed through the private sector using their existing privacy and identity-management frameworks.
That the Fed is seriously considering the pros and cons of issuing digital cash to U.S. citizens should come as no surprise, as the move was encouraged by President Joe Biden back in March 2022 in an executive order.
Read more: The US dollar has lost 98% of its purchasing power since 1971 — invest in this stable asset before you lose your retirement fund
The Fed says it “has made no decision on issuing a central bank digital currency and would only proceed with issuing a CBDC with an authorizing law.”
However, it appears the bank is moving ahead with some planning as Davidson’s social media tirade included a preview of a job posting on Indeed for a “Senior Crypto Architect – CBDC” position with the Federal Reserve Bank of San Francisco.
The job description said the Fed “seeks a technologist to perform central bank digital currency research and development” and to “ensure the Federal Reserve is well-positioned to design, develop and implement technology to support a CBDC as may be required by the Board of Governors.”
But Davidson believes this level of investment — and the Fed’s quest to build a “team on the leading edge of technology research into central bank digital currency,” as stated in the job posting — is a sign of what’s to come and he’s adamant that a CBDC wouldn’t be in the best interests of U.S. citizens.
Many critics of CBDCs share the same concerns about privacy, a lack of anonymity, increased surveillance, patchy monetary policies and the potential elimination of cash.
Speaking at a recent World Economic Forum event held in China, economist Eswar Prasad discussed the “programmability” of CBDCs.
“You could have […] a potentially better — or some people might say a darker world — where the government decides that units of central bank money can be used to purchase some things, but not other things that it deems less desirable like, say, ammunition or drugs or pornography,” he said. “And that is very powerful in terms of the use of a CBDC, and I think also extremely dangerous to central banks.”
Davidson described CBDCs on X as “an Orwellian-style payment system that has no place in our government” — and he’s not the only dissenting voice in Congress.
In March, Sen. Ted Cruz of Texas introduced a bil that would prohibit the Fed from developing a direct-to-consumer CBDC and ensure that “big government doesn’t attempt to centralize or control cryptocurrency.”
Bill co-sponsor Sen. Chuck Grassley of Iowa said: “The American people ought to be able to spend their money how they choose without the possibility that every transaction could be tracked by the government. Policy this impactful should be made by Congress, not government bureaucrats, and our bill would ensure that no one is snooping on the finances of hardworking Americans.”
Several states, such as Florida and North Carolina, have already passed anti-CBDC laws to restrict their use.
'Hold onto your money': Jeff Bezos says you might want to rethink buying a 'new automobile, refrigerator, or whatever' — here are 3 better recession-proof buys
Millions of Americans are in massive debt in the face of rising rates. Here's how to get your head above water ASAP
Warren Buffett gets gloomy: America's 'incredible period' is coming to an end. Here's what nervous investors can do right now
This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
As Washington inches closer to a de facto military alliance with Tokyo and Seoul, pundits have warned of the destabilising impact it could have on the regional power balance amid fears over escalating tensions between China and the US. US President Joe Biden hailed the "new era" of a close security partnership between the three powers at a landmark trilateral summit held at Camp David over the weekend. While Biden also insisted the summit was not targeted at Beijing, a joint statement from the t
U.S. economic growth, still racing at a potentially inflationary pace as other key parts of the world slow, could pose global risks if it forces Federal Reserve officials to raise interest rates higher than currently expected. The Fed's aggressive rate increases last year had the potential to stress the global financial system as the U.S. dollar soared, but the impact was muted by largely synchronized central bank rate hikes and other actions taken by monetary authorities to prevent widespread dollar funding problems for companies and offset the impact of weakening currencies. Now Brazil, Chile and China have begun cutting interest rates, with others expected to follow, actions that international officials and central bankers at last week's Jackson Hole conference said are largely tuned to an expectation the Fed won't raise its rate more than an additional quarter percentage point.
U.S. trade chief Katherine Tai has raised concerns with India over the Asian nation's new order mandating licenses for the import of laptops, tablets and personal computers, according to a statement. Tai's intervention comes amid worries the licensing regime could impact shipments from the likes of Apple and Dell and force firms to boost local manufacturing. "She noted that there were stakeholders that needed an opportunity to review and provide input to ensure that the policy, if implemented, does not have an adverse impact on U.S. exports to India," as per the U.S. statement issued after Tai met with India's Trade Minister Piyush Goyal on August 26.
Indian Prime Minister Narendra Modi said the country’s role as the G20 host this year would focus on highlighting the concerns of the developing world, and has proposed the African Union to become permanent members of the forum. “We have a vision of inclusiveness and with that vision, we have invited the African Union to become permanent members of the G20,” Modi said on Sunday as he addressed the Business 20 Summit in New Delhi. The B20 is an industry event and part of the summit of the 20 leading rich and developing nations, which will be hosted in the Indian capital next month.
Jerome Powell spoke about rate increases at Jackson Hole conference, PNC economists point to what the Fed chair didn't say.
This week in Borderlands: Mexico’s truckers plan nationwide strike, blockades; $142B announced for Texas transportation infrastructure; Del Monte Foods moving to Port Freeport; and border airport adds commercial cargo operations. The post Borderlands: Mexico’s truckers plan nationwide strike, blockades appeared first on FreightWaves.
The struggling 10-year U.S. Treasury Note, the world's benchmark bond, has never declined in value for three straight years—but it could this year.
Just over a third (35%) of Americans knew the average lifespan of retirees, according to a recent report.
"We are navigating by the stars under cloudy skies," Chair Jerome Powell said of the Fed's inflation fight during his Jackson Hole remarks.
GKN Aerospace St. Louis, which plans to shut down its Hazelwood plant in late 2024, on Friday laid off at least 35 employees who make fighter jet parts for The Boeing Co. (NYSE: BA), but a union leader said he doubted the entire facility would eventually close. Earlier this month, a GKN spokesperson said about 45 employees would lose their jobs. A union representative confirmed that Friday was the last day at work for 35 of its members, and salaried employees also were laid off, but it was unclear how many.
U.S. stock investors are bracing for a potentially volatile September as the market faces key economic data reports, a Federal Reserve meeting and worries over a possible government shutdown during a month of historically muted equity performance. In Septembers since 1945, the S&P 500 has declined an average of 0.7%, the worst performance of any month, according to CFRA. The S&P 500, which is up nearly 15% this year, has retreated more than 4% from its July 31 high as investors reacted to weakness in China's economy and a surge in Treasury yields that threatens to make equities less attractive.
Just over a third (35%) of Americans knew the average lifespan of retirees, according to a recent report. What about you?
Personal finance author Jonathan Clements says the best way to buy happiness is to sit on a pile of savings and enjoy the resulting peace of mind.
Is Nvidia’s stock buyback plan a sign of a key theme that could help drive the stock market? The goal looks achievable, too: Nvidia (ticker: NVDA) in the July quarter bought back almost $3.3 billion of stock, just over half of its free cash flow. Analysts now expect $34.4 billion in cash flow next year—so if the company plans to return more than half of that in buybacks, repurchases would total close to $20 billion.
Creating income for retirement is one of the biggest challenges American workers have in planning for how they will be able to live comfortably once they stop working. One of the most common ways to create this income is to … Continue reading → The post If You Have This Much Money Saved You Don't Need an Annuity appeared first on SmartAsset Blog.
While $1 trillion in credit card debt might sound like a lot, what really matters is whether or not consumers can pay down those debts. They can.
"Today's macro data… tell us that now is the time for offense, not defense" in the stock market, BofA's Savita Subramanian said.
This year’s strong rally has stuttered over the past few weeks. August has generally seen increased volatility and declines in the main market indexes. But that hasn’t affected a basic truth of the financial markets: stocks are individuals, and they rise and fall for idiosyncratic reasons. Investors should always check under the hood, to find out if a bargain price represents a good buy. That check can be rough, however, as there are reams of data to sort. Fortunately, investors can always turn
WASHINGTON—Higher earners age 50 and up will get two more years to use pretax dollars for all of their retirement savings in 401(k)s and similar plans, after the Internal Revenue Service delayed a new requirement. The IRS late Friday postponed until 2026 a law that was scheduled to take effect next year, and the agency gave more flexibility to older workers trying to decide how to plan their retirement savings. The change enacted by Congress last year will force high earners to put so-called catch-up contributions into Roth-style accounts funded with posttax dollars.
(Bloomberg) — Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates will likely stay higher for longer during their annual confab at Jackson Hole.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketPowell Has Bond Traders Right Where He Wants Them: Full of DoubtSpaceX Blast Left Officials in Disbelief Over Environmental DamageIndia Further Tightens Rice S

Premium Domain Names:

A premium domain name is a highly sought-after domain that is typically short, memorable, and contains popular keywords or phrases. These domain names are considered valuable due to their potential to attract more organic traffic and enhance branding efforts. Premium domain names are concise and usually consist of one to two words or two to four individual characters.

Top-Level Domain Names for Sale on

If you are looking for top-level domain names for sale, you can visit is a platform that offers a selection of domain names at various price ranges. It is important to note that the availability of specific domain names may vary, and it’s recommended to check the website for the most up-to-date information.

Contact at

If you have any inquiries or need assistance regarding the domain names available on, you can reach out to them via email at Feel free to contact them for any questions related to the domain names or the purchasing process.

Availability on,, and

Apart from, you can also explore other platforms like,, and for available domain names. These platforms are popular marketplaces for buying and selling domain names. Each platform may have its own inventory of domain names, so it’s worth checking multiple sources to find the perfect domain name for your needs.

#PremiumDomains #DomainInvesting #DigitalAssets #DomainMarketplace #DomainFlipping #BrandableDomains #DomainBrokers #DomainAcquisition #DomainPortfolio #DomainIndustry #DomainAuctions #DomainInvestors #DomainSales #DomainExperts #DomainValue #DomainBuyers #DomainNamesForSale #DomainBrand #DomainInvestment #DomainTrading

Leave a comment