Worldview 5 for Planning and Action

Worldview 5 for Planning and Action

This is part of a new worldview-based post series – intended for planning and action use by executives and managers. These posts offer an example framework that might be adapted to address particular needs and situations. Worldviews are updated weekly. Planning and action examples appear in each post. This post describes how to determine your vulnerability to black swan events and situations and your most effective strengthening actions.

When Will Money Not Be Money? July 2023

When Will Money Not Be Money? July 2023

Bank-based digital money is happening. Right now. Like it or not. It claims to offer convenience, instant transactions, safety, and simplicity. The Federal Reserve’s FedNow payments service goes live in July 2023. Is this digital money? How does it work? What happens next? Should we be concerned? Maybe, maybe not. Like so much else these days, it depends …

Cryptocurrencies Are Dead. Why? CBDCs. Maybe.

Cryptocurrencies Are Dead. Why? CBDCs. Maybe.

Cryptocurrencies are not money but just a transaction mechanism. They have no proven safe store of value. They are collapsing, for reasons. Luckily, central banks just so happen to be ready to rollout out their CBDCs, which are not money either. CBDCs are only a payment mechanism linked to wonderful fiat currencies, like the US dollar, but they will save the monetary system. Or maybe not.