Description
TL;DR: ECB discussion slides responding to Arnoud Stevens’s work on broadening narrow money through a central bank digital currency.
About This Document
The file is a presentation rather than a conventional paper. It records an institutional discussion of CBDC design, central-bank money, and monetary-policy implications in 2017, before today’s retail-CBDC debate turned into a permanent background hum.
Why Bitcoin People May Care
Bitcoin and CBDCs solve very different problems, but the contrast is the point. These slides help place decentralized digital money beside the central-bank response: centrally issued currency, policy transmission, and the boundaries between public money and private payment systems.
What You Receive
Purchase reveals the verified preserved PDF location for this document.
Document Details
- Title: Discussion of “Broadening Narrow Money”: Monetary Policy with a Central Bank Digital Currency
- Author / organization: European Central Bank
- Year: 2017
- Document type: Discussion slide deck
- Pages: 14
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