Summary:
Finanz und Wirtschaft, December 8, 2021. PDF. I draw some conclusions from the CEPR eBook on CBDC, namely: Banks will change, whatever happens to CBDC. The main risk of retail CBDC is not bank disintermediation. CBDC may not be the best option even if it has net benefits. It should be for parliaments and voters, not central banks, to decide about the introduction of CBDC.
Topics:
Dirk Niepelt considers the following as important: Bank, Central bank digital currency, Contributions, Financial stability, Political conflict, Swiss National Bank
This could be interesting, too:
Finanz und Wirtschaft, December 8, 2021. PDF. I draw some conclusions from the CEPR eBook on CBDC, namely: Banks will change, whatever happens to CBDC. The main risk of retail CBDC is not bank disintermediation. CBDC may not be the best option even if it has net benefits. It should be for parliaments and voters, not central banks, to decide about the introduction of CBDC.
Topics:
Dirk Niepelt considers the following as important: Bank, Central bank digital currency, Contributions, Financial stability, Political conflict, Swiss National Bank
This could be interesting, too:
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Finanz und Wirtschaft, December 8, 2021. PDF.
- I draw some conclusions from the CEPR eBook on CBDC, namely:
- Banks will change, whatever happens to CBDC.
- The main risk of retail CBDC is not bank disintermediation.
- CBDC may not be the best option even if it has net benefits.
- It should be for parliaments and voters, not central banks, to decide about the introduction of CBDC.