News for hackers. Stuff that matters.

A comment on Bank of England to explore a potential Central Bank Digital Currency. Parent comment

Re:Bank of England to explore a potential Central Bank Digit... by lainga on Monday April 19, 2021 @12:10PM (#26864367)
Well, in Keynesian analysis, the private enterprises are supposed to create money. The gov't manages how much they create though reserve requirements.
[ Parent | on HN ]
Re:Bank of England to explore a potential Central Bank Digit... by eruleman on Monday April 19, 2021 @01:00PM (#26865061)
"As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. "

https://www.federalreserve.gov/monetarypolicy/reservereq.htm

[ Parent | on HN ]