A Farewell to Cash
https://www.project-syndicate.org/commentary/interest-bearing-cbdc-and-abolition-of-cash-will-improve-monetary-policy-by-willem-h-buiter-2023-12
While proponents of central bank digital currencies argue that the technology would boost financial inclusion and efficiency, critics warn that it poses financial, political, and environmental risks. But these concerns are overblown, especially when also weighed against CBDCs’ potential to strengthen monetary policy.
https://www.project-syndicate.org/commentary/interest-bearing-cbdc-and-abolition-of-cash-will-improve-monetary-policy-by-willem-h-buiter-2023-12
While proponents of central bank digital currencies argue that the technology would boost financial inclusion and efficiency, critics warn that it poses financial, political, and environmental risks. But these concerns are overblown, especially when also weighed against CBDCs’ potential to strengthen monetary policy.
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