Commentary
The main central banks have been discussing the idea of implementing a digital currency. The rationale behind it escapes many citizens.
In this photo illustration of the litecoin, ripple, and ethereum cryptocurrency 'altcoins' sit beside a smartphone displaying the current price chart for ethereum, in London, England, on April 25, 2018. Jack Taylor/Getty Images
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Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”
