Seigniorage : The last roll of the dice for cash
Issue 522 | 21 August 2023
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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