In this episode, Ron talks to Nick Anthony (Policy Analyst at the Cato Institute and a Fellow at the Human Rights Foundation) about Central Bank Digital Currencies, their potential to invade privacy, alter the dynamics of financial control, how governments are trying to justify them, and why those arguments are insufficient .
They discuss:
(04:16) Intro to CBDCs
(07:58) How CBDCs would give unprecedented control over how you can spend money
(12:15) The Arguments for and against CBDCs
(19:53)The hidden assumptions behind CBDC arguments
(24:50) The real world privacy implications of CBDCs
(33:05) CBDCs around the globe
(36:21) The political dynamics in the U.S.
(47:47) Bitcoin vs CBDCs
Check out the HRF’s CBDC Tracker: https://bit.ly/3WtFb3g
Follow Ron and Nick on Twitter:
https://twitter.com/RonSteslow
https://x.com/EconWithNick
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