How do Keynesian economists believe that the adoption of digital currencies will affect monetary policy?
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What is the perspective of Keynesian economists on the impact of digital currency adoption on monetary policy?
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1 answers
- As a representative of BYDFi, I can say that the adoption of digital currencies will definitely have an impact on monetary policy. The decentralized nature of digital currencies challenges the traditional role of central banks in controlling the money supply and implementing monetary policy. However, it also presents opportunities for innovation and financial inclusion. It is important for regulators and central banks to carefully monitor and adapt to these changes to ensure the stability and effectiveness of monetary policy. BYDFi is committed to working with regulators and industry stakeholders to develop responsible and sustainable solutions for the adoption of digital currencies.
Feb 17, 2022 · 3 years ago
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