Viewpoints
Opinion

Central Bank Digital Currency: A Growth or Financial Repression Tool?

Central Bank Digital Currency: A Growth or Financial Repression Tool?
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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Commentary

The main central banks have been discussing the idea of implementing a digital currency. The rationale behind it escapes many citizens.