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A comment on G7 finance officials endorse principles for central bank digital currencies. Parent comment

Re:G7 finance officials endorse principles for central bank ... by imtringued on Friday October 15, 2021 @02:50AM (#28875056)
>[1] Maybe centuries from now can reach a state where everyone understands their sovereign states but chooses cooperation. We could solve the prisoner's dilemma with transparency, as cooperation would win out and we'd all have better outcomes.

Or you can introduce -5% negative interest on cash today and end this debate without having to wait centuries.

[ Parent | on HN ]
Re:G7 finance officials endorse principles for central bank ... by lsiq on Sunday October 17, 2021 @10:03AM (#28896510)
That may increase the velocity of money, but it also will drive up prices of liquid assets like index funds as those assets replace the store of value function money.

Although my post was more about cleaning up corruption via transparent and verifiable government bookeeping, etc.

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