Do repost and rate:
Jerome Powell discussed CBDCs at a speech this week, saying they need to co-exist with cash.
This episode is sponsored by Nexo.io and Casper, and this week’s special product launch, NEM.
Download this episode
Today on the Brief:
- China-U.S. talks
- U.S. spending coming back
- A virtual casino hiring IRL people
Our main discussion looks at central bank digital currencies and why they’re so appealing for bankers, especially compared to cash. NLW discusses:
- Recent comments from Fed Chair Jerome Powell on why any CBDC would be complement cash
- Comments from Agustin Carstens about how much oversight CBDCs provide
- Why privacy advocates are nervous about the coming CBDC era
Image credit: Stephen Jaffe/IMF/Getty Images
