Seigniorage : The last roll of the dice for cash

Issue 522 | 21 August 2023

Aug 21, 2023

∙ Paid

Seigniorage : The last roll of the dice for cash

In issue 516 of Payments:Unpacked we featured former Bank of England economist Andy Haldane who called out a "stealth tax scandal" at the heart of central bank digital currency (CBDC) design choices.

Andy argued the decision by central banks not to pay interest on citizen CBDC holdings reinforces a regress…

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