A blog full of contrarian views

Neel Kashkari on Central Bank Digital Currencies (CBDCs)

Assuming we have the same understanding about the nature of money because we both read that Lyn's article shared in a previous post.

These are some interesting comments from the current president of the Federal Reserve Bank of Minneapolis.

Personally, people like him give me a bit of hope; at least some bankers foresee the many issues behind CBDCs in countries that supposedly value freedom.

Source: https://www.minneapolisfed.org/speeches/2022/neel-kashkari-fireside-chat-at-the-2022-journal-of-financial-regulation-conference

#Finance #Economics #Privacy #CBDC