The National Telegraph - Wyatt Claypool - April 16, 2022


Pierre Poilievre On Central Bank Digital Currency (CBDC)


Episode Stats

Length

36 seconds

Words per Minute

205.0

Word Count

123

Sentence Count

8


Summary

In this episode, the Prime Minister of the United Kingdom, Theresa May, discusses her thoughts on the use of central bank digital currencies, and whether or not legislation should be passed to allow them to be used in the future.


Transcript

00:00:00.000 Just a quick question. One of my reporters saw you at a Langley event just a couple of days ago, and we were just wondering what your opinion was about central bank digital currency.
00:00:10.000 Against it.
00:00:11.000 Absolutely? Yeah.
00:00:12.000 Would you be willing to potentially pass legislation during the use of central bank digital currencies in the future?
00:00:17.000 I'm open to it. I have decided if legislation is the right tool, to have it happen you need the approval of the finance minister.
00:00:24.000 The finance minister literally owns the central bank, and so it comes down to the finance minister who works with the prime minister.
00:00:31.000 So I have to figure out whether legislation is appropriate and necessary, and I'm sure it is.