Central Bank Digital Currencies Are Coming – What Will the Consequences Be?

“Ever wonder why the mainstream media has been hyping up cryptocurrencies like Bitcoin for the past few years? Ever wonder why major banks like Goldman Sachs and JP Morgan have been pumping billions of dollars into crypto infrastructure and research in private while at the same time bashing crypto in the news? Ever wonder why central banks have been dismissing crypto as dangerous while at the same time developing their own cryptocurrencies?”


Published by markskidmore

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.

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