Waller: The U.S. Dollar and Central Bank Digital Currencies

Waller: The U.S. Dollar and Central Bank Digital Currencies

From federalreserve.gov

Thank you, Professor Jackson, and thank you to the Harvard National Security Journal for the invitation to speak at this symposium. As the payment system continues to evolve rapidly and the volume of digital assets continues to grow, it is critical to ensure that we keep both the benefits and risks of digital assets in the policy conversation, including the implications for America's role in the global economy and its place in the world. My speech today focuses on exactly this issue and on an aspect of the digital asset world that is now the center of domestic and international attention—central bank digital ... (full story)

Added at 12:16pm

Fed’s Waller: I Disagree That Creating a U.S. Central Bank Digital Currency Is Important to Long-Term Status of Dollar
- Don’t Think There Are CBDC Implications for the Role of the U.S. in Global Economy, Financial System
— *seven (@sevenloI) October 14, 2022

Added at 12:16pm

Fed’s Waller: Debate on CBDC Should Center on Financial Stability, Improvements to Payments System, Financial Inclusion https://t.co/Yaz6EBbcvy
— *seven (@sevenloI) October 14, 2022

Ha! Waller sounds sensible today.
Is he usually sensible?

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