Digital Currency or Digital Control?: Decoding CBDC and the Future of Money
Language: English
Published by Cato Institute, 2024
- Softcover
- Used
Seller: London Bridge Books, London, United KingdomLondon Bridge Books
AbeBooks seller since February 1, 2018
Condition: Used - Good
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Add to basketSeller Inventory # 1964524385-3-36155213
- Title
- Digital Currency or Digital Control?: Decoding CBDC and the Future of Money
- Author
- Anthony, Nicholas
- Publisher
- Cato Institute
- Publication year
- 2024
- Condition
- Good
- Binding
- paperback
- Language
- English
- ISBN 10
- 1964524385
- ISBN 13
- 9781964524382
- Item weight
- 7 ounces
- Dimensions
- 5x0x8
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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About the Author
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London Bridge Books
London, United Kingdom
AbeBooks seller since February 1, 2018
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