• Fed: The CBDC project is dead – Commerzbank

Notícias do Mercado

22 junho 2023

Fed: The CBDC project is dead – Commerzbank

Economists at Commerzbank analyze the Fed’s approach to CBDC (central bank digital currency).

The accounts which banks hold with the Fed already constitute this castrated form of CBDC

The original idea of CBDC was to offer the public a digital form of central bank money. Powell declined that. That makes one thing clear: the accounts which banks hold with the Fed already constitute this castrated form of CBDC. 

The fact that Powell continues to talk about wanting to ‘introduce’ CBDC is in my view a marketing gag that misleads the public who is not educated in monetary policy matters. In reality (i.e. in an economically relevant form) the CBDC project is dead.

 

 

O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir Conta Demo e Página Pessoal
Compreendo e aceito a Política de Privacidade e concordo que os meus dados sejam processados pela TeleTrade e usados para os seguintes efeitos: