Digital public money: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
||
| Line 8: | Line 8: | ||
:<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 ( | :"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. | ||
| Line 39: | Line 39: | ||
* [[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]] | ||
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
- Central bank
- Central bank digital currency (CBDC)
- Coin
- Competition
- Digital
- Digital currency
- European Central Bank (ECB)
- European Economic Association (EEA)
- Monetary policy
- Monetary stability
- Money
- Money supply
- Private money
- Private sector
- Public
- Public money
- Public sector
- Sovereignty
