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I would think we would move to just buy assets directly. I don't think the Fed is going to go to a digital dollar just to cut Fed funds to negative. It just do
by lariati 5y ago
I would think we would move to just buy assets directly.
I don't think the Fed is going to go to a digital dollar just to cut Fed funds to negative. It just doesn't seem like it has enough reward for the risk and stress on the banks.
I would think it is more to get rid of all this useless change in circulation, don't have to worry about the cost of paper bills then.