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E-book
Author Anthony, Nicholas, author

Title Central bank digital currency : the risks and the myths / by Nicholas Anthony and Norbert Michel
Published [Washington, DC] : CATO, 2023
©2023

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Description 1 online resource (5 pages)
Series CATO briefing paper ; Number 145
CATO briefing paper ; Number 145
Summary Central bank digital currencies (CBDCs) have the potential to radically transform the American financial system—ultimately usurping the private sector and endangering Americans’ core freedoms. Although CBDCs have gained the attention of politicians, central bankers, and the tech industry, this experiment should be left on the drawing board. This paper provides a summary of why Congress should explicitly prohibit the Federal Reserve and the Department of the Treasury from issuing a CBDC
Notes "January 10, 2023."
Bibliography Includes bibliographical references (pages 4-5)
Notes Description based on online resource; title from PDF caption (CATO, viewed February 24, 2023)
Subject Digital currency.
Banks and banking, Central.
Banks and banking, Central
Digital currency
Form Electronic book
Author Michel, Norbert, author
Cato Institute, publisher.