{"id":28952,"date":"2021-06-23T14:53:12","date_gmt":"2021-06-23T18:53:12","guid":{"rendered":"https:\/\/ssgreenberg.name\/PoliticsBlog\/?p=28952"},"modified":"2021-06-23T14:53:12","modified_gmt":"2021-06-23T18:53:12","slug":"central-bank-digital-currenct","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2021\/06\/23\/central-bank-digital-currenct\/","title":{"rendered":"Central Bank Digital Currency"},"content":{"rendered":"<p><em>The Blockchain Debate Podcast <\/em>has the episode on <a href=\"https:\/\/blockdebate.buzzsprout.com\/767033\/8721903-motion-the-us-urgently-needs-to-catch-up-on-central-bank-digital-currency-robert-hockett-vs-lawrence-white\" rel=\"noopener\" target=\"_blank\">Central Bank Digital Currency<\/a>.<\/p>\n<blockquote><p>\nMotion: The US urgently needs to catch up on Central Bank Digital Currency (Robert Hockett vs. Lawrence White)Motion: The US urgently needs to catch up on Central Bank Digital Currency (Robert Hockett vs. Lawrence White)\n<\/p><\/blockquote>\n<p>Good discussion of central bank digital currency issues.  Larry White kept talking about the loanable funds model of private bank lending before being challenged by how private bank lending is currently conducted.<\/p>\n<p>I think the discussion lends credibility to my idea of saying that private banks create promises of money compared to  the central bank creating actual money.  I think that is less confusing than talking about exogenous money and endogenous money or real bills.  I am not proposing any new theory, just some change in terminology.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Blockchain Debate Podcast has the episode on Central Bank Digital Currency. Motion: The US urgently needs to catch up on Central Bank Digital Currency (Robert Hockett vs. Lawrence White)Motion: The US urgently needs to catch up on Central Bank Digital Currency (Robert Hockett vs. Lawrence White) Good discussion of central bank digital currency issues. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-28952","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/28952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=28952"}],"version-history":[{"count":1,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/28952\/revisions"}],"predecessor-version":[{"id":28953,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/28952\/revisions\/28953"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=28952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=28952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=28952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}