Why Sweden wants to introduce a central bank digital currency

Deputy governor of the Swedish central bank Cecilia Kingsley explains the rationale for Sweden to introduce the e-krona, a central bank digital currency.

10 件のコメント

  • Fools!
    a freer society is a richer society. Have your CBDCs but getting rid of cash is foolish! We should have ALL forms of payment accepted not one form. There is benefit in the personal and tangible. Cash has its place and allows freedom, security, and privacy because it is tangible. Debit and credit, crypto, and even silver or gold are fine alternatives to cash but NOT a replacement to cash. Diversity in many applications privides strength. Diversity in a portfolio mitigates risk. Saddled with one currency requiring a charged battery, and internet signal, a willing interface, vulnerable to hacks and cyber attacks, and the possibility of authoritarian control from a government not serving the people are all issues steeped in reality in recent past. Having one CBDC is a needlessly weaker financial system that offers no real benefit to the consumer vs a cash/credit/debit system now.

    Gosbank= the and only bank for citizens of the USSR

  • There’s a saying accountant tell their well-to-do clients: Pigs get fat; hogs get slaughtered.

  • The Progressive Growth of the Money Supply Principle (year 2013) tells us the exact quantity of new money the economy needs to works correctly, driving us to the Wicksell interest rate or natural interest. This principle will force central banks to change monetary policy.

  • It’s high time there was widespread debate on the dubious role our Central Banks play in facilitating unsustainable bank lending to speculative bubbles rather than productive bank lending towards commercial enterprise.

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