Digital public money: Difference between revisions

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:<span style="color:#4B0082">'''''CBDC should anchor monetary stability & complement private sector activities'''''</span>
:<span style="color:#4B0082">'''''CBDC should anchor monetary stability & complement private sector activities'''''</span>


:"In a recent presentation by Fabio Panetta (Member of the Executive Board of the ECB), at the Annual Congress of the European Economic Association, he noted:
:"In a recent presentation by Fabio Panetta (member of the Executive Board of the ECB), at the Annual Congress of the European Economic Association, he noted:


:o    Digital public money is the monetary anchor in a digital world.
:o    Digital public money is the monetary anchor in a digital world.
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* [[Competition]]
* [[Competition]]
* [[Digital]]
* [[Digital]]
* [[Digital currency]]
* [[European Central Bank]]  (ECB)
* [[European Central Bank]]  (ECB)
* [[European Economic Association]]  (EEA)
* [[European Economic Association]]  (EEA)
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* [[Public sector]]
* [[Public sector]]
* [[Sovereignty]]
* [[Sovereignty]]
==External link==
*[https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp220823~26022f4481.en.pdf Policy panel on central bank digital currencies - Fabio Panetta - European Central Bank - August 2022]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 09:38, 19 September 2022

Economics - money supply - central banks - public money - digital currency.

The part of the money supply comprising any digital liabilities of the central bank.

For example, any central bank digital currency (CBDC).


CBDC should anchor monetary stability & complement private sector activities
"In a recent presentation by Fabio Panetta (member of the Executive Board of the ECB), at the Annual Congress of the European Economic Association, he noted:
o Digital public money is the monetary anchor in a digital world.
o The importance of safeguarding monetary sovereignty.
o The need to enhance competition and efficiency in payments.


But also the importance that a CBDC was not too successful if it crowds out private sector activity."
ACT blog - Naresh Aggarwal - Central Bank Digital Currencies (CBDCs) and other digital currencies – September 2022.


See also


External link