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ICYMI, earlier this year, the cLabs team wrote this paper that outlines not just how CBDCs can increase the efficiency of the global financial system, but also
by jasonrodrigues 6y ago
ICYMI, earlier this year, the cLabs team wrote this paper that outlines not just how CBDCs can increase the efficiency of the global financial system, but also how it creates a new transmission channel for monetary policy.
https://celo.org/papers/cLabs_CBDC_Velocity_v3.pdf https://celo.org/papers/cLabs_CBDC_Velocity_v3.pdf