Digital Currency Debate
Kevin argues for a central bank digital currency focused on the wholesale market, emphasizing its potential to enhance efficiency and maintain the U.S. dollar's status as the world's reserve currency. He expresses concern over the competitive landscape, particularly with China's advancements in digital currency, suggesting that a lack of innovation could jeopardize the dollar's dominance. The discussion highlights the importance of staying proactive in the evolving financial landscape.In this clip
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All Else Equal: Making Better Decisions
Ep19 “The Future of Money: Central Bank Digital Currency?” with Kevin Warsh
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