Privacy, Power, Fiscal Policy, the Poor: Four Reasons to Worry about CBDCs

Tags: Central Banks, Money and Banks

12/02/2020 Wolf von Laer

Central bank digital currencies need to be centralized and manipulable to some extent in order to use them to implement monetary policy, which is central bankers’ goal. This characteristic makes them a very risky proposition.

Original Article: “Privacy, Power, Fiscal Policy, the Poor: Four Reasons to Worry about CBDCs“.

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