How central bank digital currencies would work, what is the motivation to create them, and what are the risks. Topics covered include: What percentage of central banks are working on a digital currency and plan to issue one soonWhat are the two kinds of money that central banks currently issue and how would a central bank digital currency differHow central bank digital currencies would be similar and differ from Bitcoin and other cryptocurrenciesWhat are the benefits and risks of central … [Read more...]
316: Paper, Rocks, or Digits—What Makes the Best Money
What are the elements of a successful monetary system. Topics covered include: Show Notes The island of stone money : Uap of the Carolines by William Henry Furness The Gold Standard, Deflation, and Financial Crisis in the Great Depression: An International Comparison by Ben Bernanke and Harold James The history (and future) of inflation ... by Jim Reid, Craig Nicol, Nick Burns, and Sahil Mahtani—Deutsche Bank Money: The True Story of a Made-Up Thing by Jacob … [Read more...]