
MacroVoices #351 Dr. Pippa Malmgren: Update on All Things Geopolitical
Macro Voices
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CBDC
The more trouble we have in today's crypto, the faster governments are going to move to introduce CBDC. The idea that you introduce new kind of money with a new kind of accounting is so marvelous because you can literally just touch the keypad and double the money supply. So the view that policymakers have is we will have much greater control. Now, whether they'll actually do that, I don't know. I think it could end up being quite inflationary. But the belief that this would give them greater control is definitely there.
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