Digital public money

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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