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Home | Mises Library | How a CBDC Created Chaos and Poverty in Nigeria

How a CBDC Created Chaos and Poverty in Nigeria

Audio Mises Wire

Tags Bureaucracy and RegulationCentral BanksMonetary PolicyProgressivism

09/27/2023Jan M. Fijor
Narrator: 
Millian Quinteros

The Nigerian government should have seen the economic disaster the eNaira would cause. They didn’t, and chaos and rioting followed.

 

Original Article: How a CBDC Created Chaos and Poverty in Nigeria

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Author:

Contact Jan M. Fijor

Jan M. Fijor is a Polish journalist and founder of the Fijorr Publishing, the largest Polish publishing house dedicated to the Austrian School of Economics, which has published nearly 200 major titles.

Creative Commons Licence
 
Original Article: 
How a CBDC Created Chaos and Poverty in Nigeria