
Christina Skinner on Central Bank Digital Currency as New Public Money
Macro Musings with David Beckworth
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The Importance of a CBDC
More secure property rights would be lost or it'd become more malleable. A CBDC is fundamentally different. It's not like private property. It's more like a policy instrument for all the reasons that we've been discussing. And because by virtue of the fact that it's programmable, right, it's by definition, not an inalienable right.
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