Central Bank Digital Currencies

  • The Risks of Central Bank Digital Currencies: Why They Could Bring Hyperinflation

    The concept of central bank digital currencies (CBDCs) has gained traction in recent years, as a number of countries have explored the possibility of issuing digital versions of their national currencies. While the idea of CBDCs may seem attractive, the reality is that it could lead to hyperinflation, which is a sustained increase in the general price level of goods and services in an economy over a period of time. In this article, we will explore the reasons why CBDCs would bring hyperinflation and the potential consequences of such an…

    February 6, 2023
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