The Simplest Fix for Banking — Jan Eeckhout

Summary:
Following the latest banking crisis, monetary authorities should seriously consider how modern digital technologies could be used to avert such problems in the future. A central bank digital currency would both eliminate many barriers to financial transactions and end the risk of bank runs once and for all.... Project SyndicateThe Simplest Fix for BankingJan Eeckhout | Professor of Economics at Universitat Pompeu Fabra

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