Business & MarketsBusiness Columnists

Do We Need a Digital Dollar?

Save
Do We Need a Digital Dollar?
The Federal Reserve Board building on Constitution Avenue in Washington on March 27, 2019. Brendan McDermid/Reuters
Milton Ezrati
Updated:
Commentary

A new presidential order touches on the matter of a digital dollar, and the Federal Reserve has at last released a promised study on the subject. The Fed reached no conclusion but made clear its openness to the matter; it has left 120 days for comment.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
Related Topics