Central Bank Digital Currencies

“No money shall be drawn from the treasury, but in consequence of appropriations made by law; and a regular statement and account of receipts and expenditures of all public money shall be published from time to time.” ~ Article I, Section 9, Clause 7, U.S. Constitution    

FASAB Standard 56 and the Authority of the Director of National Intelligence to Waive SEC Financial Reporting PDF copy available here. Mark Skidmore 1 November 2020 The purpose of this report is to offer a clear explanation of how two financial reporting exemptions has de facto created a hidden system of finance that runs parallel…