Brookings’ Klein on Stablecoin’s Downsides, CBDC Myths and More Fed Cowbell
Banking with Interest
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The Fed's Failure to Modernize Their Payment System
The Fed has refused to make money move faster. You can deposit your check, but you don't get it any faster. Why do we now trust the same group of people to create a better, more modernized digital currency? There's a deep structural tension between asking a government agency to be a regulator and an operator.
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