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“The UK economy could be transformed by a central bank digital currency ” says Josh Ryan-Collins

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PEF Council member Josh Ryan-Collins writing in the Guardian on 14 6 21 on the virtues of CBDC

“A key advantage would be that public digital cash would never be subject to a risk of a “run” as with commercial bank money and would not require vast taxpayer bailouts for banks at times of crisis or deposit insurance. It would be the safest “store of value” possible, backed by the state itself”

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