Finanz und Wirtschaft, December 8, 2021. PDF.
- I draw some conclusions from the CEPR eBook on CBDC, namely:
- Banks will change, whatever happens to CBDC.
- The main risk of retail CBDC is not bank disintermediation.
- CBDC may not be the best option even if it has net benefits.
- It should be for parliaments and voters, not central banks, to decide about the introduction of CBDC.