The future of money
Central banks may require more flexible inflation targets and facilitate wider payments interoperability to maintain trust and the ‘singleness’ of money. By Sethaput Suthiwartnarueput
Writing an article on the future of money is a daunting and difficult task, given the rapid developments and sheer number of initiatives going on in this area. Before looking forward to the future of money, it may be helpful to first look back at the basics and the fundamental functions of money. What are some of the things that will not change? This will help us to anchor what any well-functioning future monetary system should look like.
It is then possible to use these fundamentals to help
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