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Former BoE economist and author Dan Davies joins us to talk about Central Bank Digital Currencies, programmable money, and the ongoing quest of central banks to hoard more power. Also, we unlock the details of Starmer’s pledge to make the U.K. the fastest growing economy in the G7 by luck or possibly magic, but without significant investment in state capacity building.

Comments

etienne

first they put the money on the computer ... now they're telling us they want to put the computer ... in the money

William Bell

This is a good beginning to explore the CBDC trend. This is going to be the trend of this decade as it's the natural consequence of the massive role which Central Banks are taking in the worlds economies. What commercial banks don't like is that it effectively disintermediated them entirely. One of the countries which is leading on CBDC is Nigeria, and you can see the consequences there of what is happening from the removing "cash" from their economy. You should do something about Nigeria with a Nigerian political scientist or someone involved in the Nigerian left as it exists.