Nicholas Anthony on *Digital Currency or Digital Control: Decoding CBDC and the Future of Money*

尼古拉斯·安东尼谈*数字货币或数字控制:解码 CBDC 和货币的未来*

Macro Musings with David Beckworth

教育

2024-07-29

1 小时 2 分钟
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Nicholas Anthony is a policy analyst at the Cato Institute’s Center for Monetary and Financial Alternatives, a fellow at the Human Rights Foundation, and is also a returning guest to the podcast. Nick rejoins David on Macro Musings to talk about a new book he has authored titled, *Digital Currency or Digital Control: Decoding CBDC and the Future of Money.* Specifically, Nicholas and David discuss the history of CBDCs, their challenges and drawbacks, Nick’s recommendations for the future, and a lot more.   Transcript for this week’s episode.   Nick’s Twitter: @EconWithNick Nick’s Cato profile   David Beckworth’s Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Check out our new AI chatbot: the Macro Musebot! Join the new Macro Musings Discord server!   Join the Macro Musings mailing list! Check out our Macro Musings merch!   Related Links:   *Digital Currency or Digital Control: Decoding CBDC and the Future of Money* by Nicholas Anthony   *Nicholas Anthony on the Current Prospects and Legislative Developments Surrounding CBDC* by Macro Musings   *Macroeconomic Modelling of CBDC: A Critical Review* by Ulrich Bindseil and Richard Senner   *Ulrich Bindseil on Central Bank Operating Systems* by Macro Musings   Timestamps:   (00:00:00) – Intro   (00:01:50) – The Future Prospects of CBDC: From Congress to the White House   (00:07:35) – The History of CBDCs   (00:11:19) – Breaking Down the Three Types of CBDCs   (00:17:22) – The Challenges and Drawbacks of CBDCs   (00:25:42) – The Buffer Between CBDCs and Privacy   (00:31:00) – Wholesale CBDCs, Real-time Payments, and Cross-border Payments   (00:41:06) – The Potential Destabilizing Effects of CBDCs   (00:46:12) – The Pros and Cons of a CBDC for the Fed   (00:53:23) – Responding to Pro-CBDC Arguments   (00:59:05) – Recommendations for the Future of CBDCs   (01:01:92) – Outro
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  • Welcome to Macro musings, where each week we pull back the curtain and take a closer look at the most important macroeconomic issues of the past, present and future.

  • I am your host, David Beckworth, a senior research fellow at the Mercator center at George Mason University.

  • And I'm glad you decided to join us.

  • Our guest today is Nicholas Anthony.

  • Nick is a policy analyst at the Cato Institute center for Monetary and Financial Alternatives and is a fellow at the Human Rights Foundation.

  • Nick is also the author of a new book titled Digital Currency or digital Decoding CBDC and the Future of Money.

  • And he joins us today to discuss his new book.

  • Nick, welcome back to the program.

  • Thank you for having me on.

  • David, it's great to have you on.

  • And on the last show, I believe we talked about this, but you and I have something very special in common.

  • We both have survived George Selgin.

  • He was my advisor in grad school.

  • You had worked for him at Cato.

  • We love George.

  • George is probably listening to the show right now.

  • But just to let the audience know, he's very exacting and very precise.

  • If you write something up and it's not done perfectly, he'll let you know.

  • So kudos to you for graduating from the school of hard knocks or George Selgin.

  • And likewise, thank you for paving the way to show, I saw you were the light at the end of the tunnel.