The Dangers of a Digital Euro
The Dangers of a Digital Euro

Author(s): Thorsten Polleit
Subject(s): Political Philosophy, Economic policy, EU-Approach / EU-Accession / EU-Development, Financial Markets, Human Resources in Economy
Published by: Addleton Academic Publishers
Keywords: Digital euro; central bank digital currency (CBDC); financial surveillance; fiat money risks; ECB monetary control;
Summary/Abstract: Neosocialist China does it, Sweden does it, and many other states want to do it, too: to issue digitized central bank money for everyone. The European Central Bank (ECB) is also working on such a scheme. It wants to launch “digital euro central bank money” as soon as possible. Many economists praise the project as an “innovation,” as an important and indispensable step in an increasingly digitized world.

• Details
• Contents