Fisher Investments' Ken Fisher Shares His Thoughts on Central Bank Digital Currency Concerns
Fisher Investments’ founder, Executive Chairman and Co-Chief Investment Officer Ken Fisher shares his thoughts on the possibility of central banks creating digital currencies. Ken says some of the fears surrounding central bank digital currencies—such as the government using digital currency to spy on citizens—are misguided and that a digital currency is simply the next phase in the evolution of money. Ken points out that the US government can already access a person’s information and bank transactions if it wants, but they have no reason to in most instances. He also thinks any potential central bank digital currency will be elective, similar to every previous evolution of money, and not forced on people that don’t want to use it. Overall, Ken believes technology has made money easier to use—an economic positive—and shouldn’t pose any broad issues for society. For more of Ken Fisher’s thoughts on the markets, visit us at https://www.fisherinvestments.com. Connect with Fisher Investments on: • Facebook - / fisherinvestments • Twitter - / fisherinvest • LinkedIn - / fisher-investments • Instagram - / fisher.investments You can also follow Ken Fisher here: • Facebook - / kenfisher.fisherinvestments • Twitter - / kennethlfisher • LinkedIn - / ken-fisher • Instagram - / kenfisher_fisherinvestments • TikTok - / fisher_investments Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.