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'We are about to see massive disruptions': IMF's Lagarde says it's time to get serious about digital currency
It's time for the world's central banks and regulators to get serious about digital currencies, according to the head of the International Monetary Fund. Global financial institutions are taking risks by not watching and understanding emerging financial tech products that are already starting to shake up the financial services and global payments system, according to IMF Managing Director Christine Lagarde. "I think that we are about to see massive disruptions," Lagarde told CNBC in a Facebook Live interview on the sidelines of the IMF Annual Meetings in Washington D.C. Asked whether she agreed with JPMorgan ... (full story)
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The elites think we are stupid. They are in the main quite correct.
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