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Lars Alaeus

Download slides A proposal for a Smooth Transition from CBDC to Sovereign Money Critics claim that the introduction of CBDC for general use like the E-krona and even more a complete transition to a Sovereign Money system, will induce financial instability or even a finance crash. And indeed there are risk and problems that need …

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Joseph Huber

Abstract Central bankers as well as monetary reformers are discussing the introduction of central-bank issued digital currency in coexistence and competition with bank deposits (bankmoney). Among the reasons for this are the gradual disappearance of cash and a far-reaching loss of monetary control. However, a general shift to digital currency (DC) cannot be taken for …