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A digital pound must never be introduced by stealth
source link: https://www.telegraph.co.uk/news/2023/05/27/a-digital-pound-must-never-be-introduced-by-stealth/
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A digital pound must never be introduced by stealth
The last decade has seen the Bank of England act on a grand scale while Parliament has been dozing and mute. We cannot allow it to continue
As if they haven’t got enough on their plates in dealing with inflation, central banks the world over are looking at introducing so-called “central bank digital currencies”. No meeting of bank governors is complete without the acronym “CBDCs” on the agenda. CBDCs may not yet be the talk of the town, but their creation would change the plumbing of our entire financial system....
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