Digital public money: Difference between revisions
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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) | ||
Revision as of 09:27, 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.
