Why Are Republicans Terrified of A CBDC (Central Bank Digital Currency)?

The idea of a Central Bank Digital Currency is an interesting one, but Republicans don’t like it. They are afraid that it will help consumers at the risk of their buddies in Big Finance. Economist Paul Krugman explains in the following post: On Thursday the House passed a bill that would bar the Federal Reserve from creating a central bank digital currency (CBDC), or even studying…