Cato Podcast cover image

Central Bank Digital Currency versus The Constitution

Cato Podcast

00:00

The Constitution and the Rights of Money

In the United States, like in lots of capitalist economies, there are fundamentally these two kinds of money. There is a public form of money that ordinary households have access to today. There are private forms of money and today that means bank issued demand deposits. The Constitution clearly envisioned a scenario in which the private sector would act as a check on the state in issuing its own paper money.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app