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I agree with you Greg, that the market wants a rate hike, but isn't the Fed trapped because a low rate is their business model for playing the debt game?
United States Patent Application 20200151682
DIGITAL FIAT CURRENCY
Abstract
Techniques are disclosed which include receiving, by a central entity computer, a request for digital currency. The request includes a serial number and a denomination of a physical currency. The central entity computer generates the digital currency for the denomination and linked to the serial number. The generating includes recording the digital currency on a blockchain. The central entity computer transmits a notification of the generation of the digital currency. The central entity computer causes removal of the physical currency from circulation in a fiat currency system.
Inventors: Hurry; Simon J.; (Foster City, CA) ; Pierre; Alexandre; (San Mateo, CA)
Applicant: VISA International Service Association
Filed: November 8, 2019
https://archive.vn/xFKor#selection-345.0-351.16