First off, enjoy your break. Second, when you are done recharging, can you share with me the latest and greatest study on central bank digital currencies (CBDC), their possible effect (disintermediation) on banks, and how their potential smart features would change the dynamics of money supply, inflation and everything about fiat currency (e.g. stimulate the masses to spend the digital euro on "whatever the government is looking to jumpstart" by a certain date or else the digital money expires and becomes worthless (or the UBI or whatever the trendy name of the fiat package is). There is of course a debate about decentralized versus centralized finance, but I am curious to know what the greater minds in finance and economics think about digitized currencies which seems to be the direction some central banks are studying, vis-a-vis Defi and crypto.
First off, enjoy your break. Second, when you are done recharging, can you share with me the latest and greatest study on central bank digital currencies (CBDC), their possible effect (disintermediation) on banks, and how their potential smart features would change the dynamics of money supply, inflation and everything about fiat currency (e.g. stimulate the masses to spend the digital euro on "whatever the government is looking to jumpstart" by a certain date or else the digital money expires and becomes worthless (or the UBI or whatever the trendy name of the fiat package is). There is of course a debate about decentralized versus centralized finance, but I am curious to know what the greater minds in finance and economics think about digitized currencies which seems to be the direction some central banks are studying, vis-a-vis Defi and crypto.
Great suggestion! I have started to collect some stuff and I think it will end up as a multi-part series in August. 👍