Description |
1 online resource (5 pages) |
Series |
CATO briefing paper ; Number 145 |
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CATO briefing paper ; Number 145
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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.
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Banks and banking, Central.
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Banks and banking, Central
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Digital currency
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Form |
Electronic book
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Author |
Michel, Norbert, author
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Cato Institute, publisher.
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