Central Bank Digital Currencies by Michael Lloyd

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Central Bank Digital Currencies by Michael Lloyd

In this wide-ranging review, Michael Lloyd explores the potential opportunities and threats that the advent of CBDCs will have for commercial banking, business, individuals and the central banks themselves, as well as the worlds monetary system.

This book deals with an important and topical matter: central bank digital currenciesIt provides sophisticated yet understandable insights into the world of cryptocurrencies, which have profound implications not only for the stability of the global monetary and financial systems, but also for the well-being of ordinary citizens.

-- Lucia Quaglia, University of Bologna

As the debate on Central Bank Digital Currency (CBDC) intensifies, we need an informed society-wide debate about the potential impact on fractional reserve banking, privacy, and taxation, within a deeper discussion of the role of credit in a modern economy. I welcome a book that helps citizens enter that debate by providing a comprehensive overview of CBDCs, their benefits and risks, and their potential impact on the global financial system, while also being accessible and practical.

-- Professor Michael Mainelli, Chairman, Z/Yen Group and Sheriff of the City of London, 2019-21
Michael Lloyd is a Senior Research Fellow at the international affairs think tank, the Global Policy Institute, and a visiting fellow at Newcastle University. His books include The Euro and the UK (2009) and Federal Central Banks (coauthor) (2018).
SKU Unavailable
ISBN 13 9781788216326
ISBN 10 1788216326
Title Central Bank Digital Currencies
Author Michael Lloyd
Condition Unavailable
Binding Type Paperback
Publisher Agenda Publishing
Year published 2023-06-08
Number of pages 168
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.