Central Banking for All: A Public Option for Bank Accounts (2018) [pdf]

Re:Central Banking for All: A Public Option for Bank Account... by DobryMorozov on Friday September 25, 2020 @11:45PM (#24596246)

So who would be making consumer and commercial loans under this model?

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Re:Central Banking for All: A Public Option for Bank Account... by Qworg on Friday September 25, 2020 @11:55PM (#24596287)

In these proposals (which with the new CBDC furor going on are more common again), it would look a lot like China. The central bank would pick the "Agriculture Bank" or the "Industrial Bank", and hand over a set of deposits to enable loans. Hardly a model for success.

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Re:Central Banking for All: A Public Option for Bank Account... by andylynch on Saturday September 26, 2020 @03:04AM (#24596973)

We used to have these in New Zealand but they didn’t succeed long term. Another model which does if well run is banking coops eg the Dutch Rabobank

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