Fed's Bowman 'Trying to Keep an Open Mind' on CBDCs

The video discusses the research and international discussions on Central Bank Digital Currencies (CBDCs), emphasizing the importance of preserving the intermediated banking model. It highlights the need for feedback on a recent paper about the US dollar in the digital age, aiming to understand the potential impacts, risks, and benefits of CBDC implementation on the US economy and financial system.

What are the key risks and benefits associated with the implementation of a CBDC?

How does the preservation of an intermediated banking model relate to the discussion of CBDCs?

What feedback is being sought from the public regarding the paper on CBDCs?

In what ways might a CBDC impact the US economy and financial system?

What considerations should be taken into account when discussing the implementation of a CBDC?