Central bank digital currencies: Inevitable?

Central banks are right to worry about CBDCs leading to runs on them. Is that better than letting the private sector influence monetary policy?

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Bibliographic Details
Main Author: UHLIG, Harald
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2022
Subjects:
Online Access:https://ink.library.smu.edu.sg/pers/630
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1627&context=pers
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Institution: Singapore Management University
Language: English
Description
Summary:Central banks are right to worry about CBDCs leading to runs on them. Is that better than letting the private sector influence monetary policy?