Jeanna Smialek on *Limitless: The Federal Reserve Takes on a New Age of Crisis*
Macro Musings with David Beckworth
00:00
The Limitless Idea of Central Bank Digital Currency
I think it'd be really interesting if the Fed chose to do this. They are keen on doing it as you have alluded to. It's actually interesting to me that this is coming up so much on the political stage because I do think this is a place where they've been unusually definitive. There is absolutely no chance the Fed is going to roll out a CBDC on its own. And we're not even close to knowing how to do that. We don't know what the implications of a CBDC are going to be. So we just want to make sure we're still at that technological frontier in case there is actually a use for it.
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