Cecilia Skingsley, head of the Innovation Hub at the Bank for International Settlements (BIS), agreed with other speakers who said introducing a CBDC is not a “universal solution” and should instead come together with digital IDs, “in a package.”
It is a new mechanism of control.
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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