At an Economic Policy Symposium at Jackson Hole, US in 2019. Although, it looks like I misremembered this a bit, he suggested that a global crypto reserve should be adopted to curb US dollar hegemony. Which makes this even funnier considering the past year.
Good time to remember Carney suggested that the UK and US convert their reserves to crypto.
Edit: misremembered this, he suggested that a global crypto reserve be established to mitigate US dollar hegemony. Sources below.
Where, when, and in what context was that said? I can’t find anything on it.
At an Economic Policy Symposium at Jackson Hole, US in 2019. Although, it looks like I misremembered this a bit, he suggested that a global crypto reserve should be adopted to curb US dollar hegemony. Which makes this even funnier considering the past year.
Ten second search:
https://www.theguardian.com/business/2019/aug/23/mark-carney-dollar-dominant-replaced-digital-currency
https://www.forbes.com/sites/billybambrough/2019/08/31/the-bank-of-england-governor-proposed-a-radical-competitor-to-bitcoin-and-the-us-dollar/
https://www.theglobaltreasurer.com/2019/08/29/mark-carney-proposes-a-digital-reserve-currency/?amp=1
https://www.techbrew.com/stories/2019/08/27/boes-mark-carney-proposes-digital-reserve-currency?__cf_chl_tk=veuoijxzirz_k3lv5jlk2q706zoq7yxys8sqz2cxpv0-1764006704-1.0.1.1-t5gljgt9s1.5jirvf5vxt7wrjbzfaeooxzdkgpfv6tu
There’s also a bunch of crypto blogs that covered the speech, but they don’t really add anything.
So glad we have this genius banker in charge to fix our economy!