They go together.
The poorest person still has choices, and he still needs a risk adjusted S/l account. Without his S/l acconnt has has no way to decide price risk because he in out of touch with the relative scarcity of liquidity. The unbanked have ea information. hole. It is costly, and we can get them the same bank account as the rich. though scaled. for pennies. And we can guarantee fair banking.
We can do much more for the poor if government and the central bank were unconnected. For pennies, the poor can improved their access online to better information. They would have secure identities, secure from government and private.
It helps to remove the Fed taxes, pay them entirely with inflation courtesy of Treasury default. The poor can deal with consumer inflation much easier then banking fees. Makes it easier for them to vote. Easier to engage with government officials.
I would make this high priority if I were a progressive. My own motives hare to get everyone on board, but helping the poor first works.
How would the Fed do this? Just announce the Swift Cash Card standard. Follow the rules, start with digital bearer cash and everything follows. In fact my claim is the Fed is trapped. They already announced a study with MIT. MIT cannot fake it, this time around we are too smart.
Other things that help the poor/, like a tort system for getting green.
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