Digital Currency or Digital Control?: Decoding CBDC and the Future of Money - Softcover

Anthony, Nicholas

Softcover

ISBN 10: 1964524385 ISBN 13: 9781964524382

Verlag: Cato Institute, 2024

Inhaltsangabe

Central bank digital currencies (CBDCs) are on the rise. In an attempt to reinvent money as we know it, central bankers and other policymakers around the world are currently researching, developing, and launching CBDCs. The prospect has caught the attention of the president of the United States, Congress, international institutions, and government contractors, but the public has largely been left out of this development. That needs to change. CBDCs are not simply "another form of money." Rather, CBDCs pose significant risks to financial privacy, freedom, and markets. Furthermore, CBDCs would open the economy to new cybersecurity risks while also jeopardizing the function and independence of central banks themselves. Yet, what is probably worst of all is that CBDCs fail to offer any unique benefits that offset these costs and justify the government's intervention in the market. In Digital Currency or Digital Control, monetary and financial economic expert Nicholas Anthony provides everything you need to get up to speed on CBDCs so that you can know what is at stake. From the myths of CBDC benefits to the threats posed by CBDC risks, this book will help you decode what CBDC means for the future of money.

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Über die Autorin bzw. den Autor

Brothers Nicholas Williams and Anthony Williams are the authors behind this compelling and absorbing thriller. Both have their roots as leaders in the music industry and each has travelled the world extensively. Creativity is at the heart of their lives. As musicians and songwriters, they wrote and produced two UK chart hits in 2021, and in 2023, Nicholas released the Bellum Sanctum soundtrack.

Details zur Ausgabe

• Verlag: Cato Institute
• Erscheinungsdatum: 2024
• Sprache: Englisch
• ISBN 10: 1964524385
• ISBN 13: 9781964524382
• Einband: Taschenbuch
• Anzahl der Seiten: 174
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: gpsr@libri.de; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Deutschland