Comment by danielmarkbruce
3 years ago
FedNow isn't a big issue.
CBDC really isn't a big issue either, because it almost certainly won't happen. Americans are very unlikely to want a system like that.
3 years ago
FedNow isn't a big issue.
CBDC really isn't a big issue either, because it almost certainly won't happen. Americans are very unlikely to want a system like that.
Americans didn't want a central bank, but look at where we are.
https://www.cambridge.org/core/journals/perspectives-on-poli...
The "central bank" americans fought hard against in the first place didn't have the same function as the modern central bank started last century.