Christina Skinner on Central Bank Digital Currency as New Public Money
Macro Musings with David Beckworth
00:00
Wholesale CBDC: The Best Case Scenario
The best case scenario would be wholesale CBDC, says Christina Romer. But she asks if the US as a whole says no to it, what will that mean for global movement? She also questions whether central bank reserves are more efficient than electronic money flowing in and out of the financial system. "I have yet to hear anyone articulate a rationale for something like a wholesale CBDC"
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