Digital public money

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

External link

• Policy panel on central bank digital currencies - Fabio Panetta - European Central Bank - August 2022