
Baby bust: China’s census
Economist Podcasts
The Rise of Central Bank Digital Currencies
This chapter explores the emergence and implications of central bank digital currencies (CBDCs) as a government-issued alternative to cryptocurrencies and traditional bank deposits. It highlights the potential benefits and challenges CBDCs pose to the financial system, including impacts on private banks and privacy concerns. Additionally, the chapter reviews global initiatives on CBDCs and sets the stage for further discussions on the future of banking.
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