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CoinDesk Podcast Network - BREAKDOWN: How CBDCs Give ‘Absolute Control’ to Central Banks
Jerome Powell discussed CBDCs at a speech this week, saying they need to co-exist with cash.
This episode is sponsored by Nexo.io and Casper, and this week’s special product launch, NEM.
Today on the Brief:
- China-U.S. talks
- U.S. spending coming back
- A virtual casino hiring IRL people
Our main discussion looks at central bank digital currencies and why they’re so appealing for bankers, especially compared to cash. NLW discusses:
- Recent comments from Fed Chair Jerome Powell on why any CBDC would be complement cash
- Comments from Agustin Carstens about how much oversight CBDCs provide
- Why privacy advocates are nervous about the coming CBDC era
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Symbol from NEM is the connector between blockchain and business. It brings enterprise-grade security and programmability with cutting edge technical features for projects at the heart of the new economy -- join us by visiting symbolplatform.com or nem.io.
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Time To Say Goodbye - “I want you to care when people are still alive”: Yves Tong Nguyen of Red Canary Song
In light of the harrowing news out of Atlanta this week, we spoke with Yves Tong Nguyen, an organizer with Red Canary Song 红莺歌 (@RedCanarySong), a grassroots collective of Asian sex workers & allies who push for for migrant justice, labor rights, and full decriminalization.
Extended show notes after the break. First, here are some groups to learn about and support:
* Red Canary Song, New York City
* Butterfly: Asian and Migrant Sex Workers Network, Toronto
* Massage Parlor Outreach Project, API Chaya, Seattle
* Make the Road, greater New York
* Sex Workers Project, Urban Justice Center, New York City
0:00 – Yves tells us about herself and Red Canary Song, and why they push for decriminalization rather than legalization. Plus: the material conditions, transnational history, and political rights of massage workers, sex workers, and other low-wage workers; and Red Canary Song’s connection to Song Yang, a Chinese migrant sex worker killed during a police raid in Flushing in 2017.
18:15 – Yves’s criticism of anti-trafficking NGOs, most of which partner with the police; why arguing over the labels “sex worker,” “massage worker,” etc. distracts from a broader assessment of criminalization policies; the respectability politics of separating and ranking workers; and why massage workers have common cause with other low-wage migrant Asian workers in food, nail salons, and service and manufacturing.
“Whether or not they are sex workers, they were harmed by the criminalization of sex work”
29:30 – Long before Atlanta, workers in the massage industry experienced violence from neighbors, ICE, police, savior-complex NGOs, and clients. Yves responds to the argument that we need police to “protect” Asian communities.
“The system itself protects itself. It is white supremacy itself, and it is made to protect white supremacists.”
38:30 – What does “justice” look like in Atlanta? Is calling murder a “hate crime” or “terrorism” helpful? Plus: how migrant workers and sex workers have reacted to the news this week.
“I know that people really want to be like, ‘Oh, yeah, if we put them in prison, it’ll be justice. But then are we also owning that every member of our community put into prison is also justice?’”
43:30 – Yves’s surprise at the media attention this week—and frustration about the status quo of ignoring this industry. And how we should all do better.
50:50 – Does this week connect anti-Asian stigmatization during the pandemic? Plus: why blaming Trump and racist rhetoric is mostly unhelpful.
“People want to say that that is the problem, that that is the root. But really it is a symptom. Trump’s rhetoric and people saying this and doing this is a symptom of things that have existed for such a long time. But people want to say that Trump is the problem, because then they can be like, if we can get rid of Trump then it’s good.
“Which is partially what I fear. I think that people might stop caring and think that we’ve solved it until the next awful thing happens.
“When you asked me about what I would tell people to take away from it, I want us to stop building and organizing in reaction to when people die. I want us to organize to keep people alive.”
Thanks for supporting Time to Say Goodbye. Please stay in touch:
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Audio Poem of the Day - Late Melt
By Melissa Broder
Chapo Trap House - 507 Teaser – Greek Rice Pudding
The Commentary Magazine Podcast - China Sandbags the Biden People
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CBS News Roundup - World News Roundup: 03/19
Fear in Asian communities -- following this week's spa killings in Georgia. President Biden says today the country will reach the 100 million COVID-19 vaccination milestone ahead of schedule. There's a push for a huge recall after hundreds of pet deaths. Correspondent Steve Kathan has the CBS World News Roundup for Friday, March 19, 2021:
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The Intelligence from The Economist - Another race question: murder in Atlanta
A shooting in the city left eight dead, six of them women of East Asian descent. We examine the past and present of anti-Asian sentiment in America. Frontex, Europe’s border-enforcement agency, is rising in clout and requisitioning more kit; we look at the closest the bloc has come to having a standing army. And why managers should tackle nonsensical workplace rules.
For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer
Everything Everywhere Daily - The B-52 Stratofortress
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The NewsWorthy - 100M Vaccine Doses, Severe Storms Aftermath & NFL’s Amazon Deal- Friday, March 19th, 2021
The news to know for Friday, March 19th, 2021!
What to know about:
- President Biden's promise to give out 100 million vaccine doses in his first 100 days: where it stands and where else in the world the U.S. will send millions of doses
- why lawmakers clashed in a hearing about Asian American discrimination
- where the worst of the aftermath is from severe storms this week
- the NFL's massive media deals that will change where you can watch some of the big games
- a wristband in the works that could read your brain waves... sort of
- how some Reddit users are using their Wall Street gains for good
Those stories and more in around 10 minutes!
Head to www.theNewsWorthy.com or see sources below to read more about any of the stories mentioned today.
This episode is brought to you by Fitbod.me/newsworthy & EveryBottleBack.org
Become a NewsWorthy INSIDER! Learn more at www.TheNewsWorthy.com/insider
Sources:
First Vaccine Goal Reached: Politico, AP, NPR, ABC News
U.S. Sending Doses to Mexico and Canada: NY Times, AP, BBC, Reuters
Euro Nations Resume AstraZeneca Shots: CNBC, WSJ, CNN, EMA
Anti-Asian Discrimination Hearing: ABC News, NY Times, USA Today, WaPo
Biden Visiting Atlanta: AJC, Politico, NBC News
Severe Storm Aftermath: Weather Channel, CBS News, CNN, WaPo, NOAA
First Day of Spring: USA Today, NJ.Com, Farmers Almanac
Asteroid to Pass by Earth: CBS News, Fox News, NASA
Facebook Shows Off Neural Wristbands: The Verge, MIT Technology Review, Buzzfeed, Facebook
NFL Signs Media Deals: NY Times, Axios, CNBC, NFL
AMC Opening Nearly All Theaters: AP, Bloomberg, MarketWatch, AMC
Feel Good Friday: WallStreetBets Donates to Gorilla Charity: The Verge, Business Insider, CNN, Dian Fossey Gorilla Fund