Insights for Navigating an Uncertain World
If the Federal Reserve is going to develop digital wallets and digital money, then ubiquitous digital IDs would solve a lot of problems, including transferring funds to those without banking accounts.
https://www.congress.gov/bill/116th-congress/senate-bill/3571/text
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts