Macro Musings with David Beckworth Nicholas Anthony on *Digital Currency or Digital Control: Decoding CBDC and the Future of Money*
Jul 29, 2024
Nicholas Anthony, a policy analyst at the Cato Institute and fellow at the Human Rights Foundation, dives into the world of Central Bank Digital Currencies (CBDCs). He explores the historical evolution of CBDCs and discusses their challenges, risks, and varying types. The conversation also touches on privacy concerns linked to government surveillance and recent legislative moves. Anthony emphasizes the need for public awareness around the implications of CBDCs and the complexities of cross-border payments, questioning if they truly solve existing financial issues.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Intro
00:00 • 4min
Political Divides on Cryptocurrency and CBDC Policies
03:53 • 2min
The Rise of Central Bank Digital Currencies
06:03 • 17min
Government Surveillance and the $600 Threshold: A Wake-Up Call
22:54 • 2min
Financial Privacy and CBDC Concerns
24:52 • 6min
Examining the Necessity of Wholesale CBDCs in Advanced Economies
30:30 • 2min
Challenges in U.S. Real-Time Payment Systems
32:46 • 2min
Navigating the Complexities of CBDCs and Cross-Border Payments
35:13 • 27min