Exploring the Risks and Politics of Central Bank Digital Currencies

Advancements in cryptocurrency networks are sparking conversations about the potential for Central Bank Digital Currencies, or CBDCs for short. Advocates for CBDCs think they would provide security and unlock more efficient fiscal policy actions. However, opponents believe they would provide a shortcut for government interference and the erosion of privacy.

Today on the show, we'll dive deep into the world of CBDCs and pose the question if countries actually need them at all.

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