Love your stuff Simon. Keep them coming.
A couple questions:

1. In your last paragraph you say “Series I is NOT concluded,....”. Is this a typo meant to be ‘now’? Or are you going to start series II & III and then come back to this topic?
2. If/when the CBDC comes along, it seems like it is in the best interest for the American public to adopt it and embrace it; so that the sooner it is used regularly, the sooner the dollar gets “discounted” and we can pay off this debt that has become infinitesimal. Does that seem the best case scenario? And if that is the case,...
3. Don’t we inevitably need to get to an exchange system that is backed by something of substance? Once we pay off our discounted debt, wouldn’t it be best to have an exchange system that is backed by gold, or silver, or eggs or something where we can’t just print endlessly or add more zeros to the digital balance sheet?
4. What inevitably happens to the banks and the banking system with this transformation? If we buy treasuries and prop up the banks, to what end do we save this private industry? Is it just a place to borrow at this point? Honestly, during the Obama years, didn’t banks become a “transition” place considering most borrowing (or at least home mortgages) became transitionary and inevitably ended up with Freddie Mac or Fannie Mae that were taken over as government entities?

Thanks for your consideration to my questions. Don’t hesitate to let me know if patience is needed for your future series if these questions inevitably get answered.

Thanks and have a great day!

Love you stuff Simon. Keep them coming.
A couple questions:

1. In your last paragraph you say “Series I is NOT concluded,....”. Is this a typo meant to be ‘now’? Or are you going to start series II & III and then come back to this topic?
2. If/when the CBDC comes along, it seems like it is in the best interest for the American public to adopt it and embrace it; so that the sooner it is used regularly, the sooner the dollar gets “discounted” and we can pay off this debt that has become infinitesimal. Does that seem the best case scenario? And if that is the case,...
3. Don’t we inevitably need to get to an exchange system that is backed by something of substance? Once we pay off our discounted debt, wouldn’t it be best to have an exchange system that is backed by gold, or silver, or eggs or something where we can’t just print endlessly or add more zeros to the digital balance sheet?
4. What inevitably happens to the banks and the banking system with this transformation? If we buy treasuries and prop up the banks, to what end do we save this private industry? Is it just a place to borrow at this point? Honestly, during the Obama years, didn’t banks become a “transition” place considering most borrowing (or at least home mortgages) became transitionary and inevitably ended up with Freddie Mac or Fannie Mae that were taken over as government entities?

Thanks for your consideration to my questions. Don’t hesitate to let me know if patience is needed for your future series if these questions inevitably get answered.

Thanks and have a great day!