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ecash

ecash, digital money, Federal Reserve, central banks, financial innovation
Digital Money, Financial Innovation, The Fed & Central Banks

The Computer-Glitch Argument for Central Bank eCash

George Selgin/June 7, 2018June 19, 2022

As if central banks' powers and balance sheets haven't grown quite enough since the outbreak of the subprime crisis, we've been hearing more and more calls for them to expand their role in retail payments, by supplying digital money directly to the general public. Some proposals would…

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