Last week, seven western central banks and the Bank for International Settlements issued a fascinating joint report on central bank digital currencies, pointing to a step towards the issuance of Central Bank Digital Currencies (CBDC).
Below are Evergreen Gavekal’s Likes/Dislikes for October 16, 2020.
Even hard-core EVA fans are probably tired of reading about how much I read. But believe me, you’re not as tired of reading it as I am of doing it! Occasionally, though, I come across something so unique and interesting that it makes it worth ploughing through the 1,000 or so pages I read per week that are for the most part kind of, well, meh.
Keep Calm and Carry On was a motto developed by the British government in 1939 in preparation for World War II. The mantra was posterized to raise the morale of the British public, who faced mass air attacks on major cities.
Below are Evergreen Gavekal’s Likes/Dislikes for October 9, 2020.