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central bank digital currency, retail payments, Davos, financial innovation, central banks
Digital Money, Financial Innovation, The Fed & Central Banks

Efficient "Central Bank Digital Currency" is a Fantasy

Larry White/February 11, 2019June 19, 2022

In January I had the pleasure of participating on a panel on “The New Financial System: Decentralized?” at the Blockchain Economic Forum in Davos, Switzerland. (Video of the panel is here.) The panel was preceded by a talk by Prof. Nouriel Roubini of the NYU Stern School…

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Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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