Digital Currencies and the Future of Money

Hiromi Yamaoka ()
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Hiromi Yamaoka: Future Institute of Research

A chapter in The Future of Financial Systems in the Digital Age, 2022, pp 49-73 from Springer

Abstract: Abstract Most countries now share an established model of providing money to the economy through a two-tiered structureModern Monetary systemtwo-tiered structure, which consists of a central bank and commercial banks. The future of the monetary system will necessarily be shaped by both public and private initiatives, and to issue private-based and two-layered digital currencies denominated by sovereign currency units can be a promising option.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:perchp:978-981-16-7830-1_4

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DOI: 10.1007/978-981-16-7830-1_4

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