Banking

Podcast: How a CBDC would ‘basically rewire our economy’

In an unique benefit episode of the ABA Banking Journal Podcast — sponsored by IntraFi Network — ABA SVP Rob Morgan goes into the association’s discuss the Federal Reserve’s conversation paper on reserve bank digital currencies. With ABA approximating that the Fed’s theoretical CBDC style might put 71% of banks’ financing at danger, Morgan talks about:

  • Why a CBDC would not attain the monetary addition, performance and worldwide competitiveness objectives its supporters declare
  • The significant drawbacks a CBDC might posture to banks, customers and the U.S. economy
  • The course forward for a CBDC in Congress and at the Federal Reserve.

If you can’t see the audio gamer above, click on this link to listen to today’s episode.

This episode is sponsored by IntraFi Network.

In this episode:

Rob Morgan
SVP
ABA Office of Innovation

Evan Sparks
Editor-in-Chief
ABA Banking Journal

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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