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Over time, there has been a tendency for political jurisdictions and residents to converge on a single currency … uniform currency, insofar as it is free of counterparty and liquidity risk, facilitates economic activity. But will digital … maintain their stability is doubtful. The one unit that can clearly meet these challenges is central bank digital currency. But …
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instead to the structure of global portfolios and international financial markets. The literature on currency mismatches, in …
Persistent link: https://www.econbiz.de/10013225038
Over time, there has been a tendency for political jurisdictions and residents to converge on a single currency … uniform currency, insofar as it is free of counterparty and liquidity risk, facilitates economic activity. But will digital … maintain their stability is doubtful. The one unit that can clearly meet these challenges is central bank digital currency. But …
Persistent link: https://www.econbiz.de/10012479382
instead to the structure of global portfolios and international financial markets. The literature on currency mismatches, in …
Persistent link: https://www.econbiz.de/10012468660