The Bank of International Settlements is owned by 63 central banks and serves as bank for central banks. One June 23, 2021, the BIS released one chapter of its full annual report, which will be released on June 29. From the title of the chapter, “CBDCs: An Opportunity for the Monetary System,” it is apparent that the BIS is very much in favor of CBDCs (central bank digital currencies) — not very surprising considering the…