Financial Statements: The Trade-offs of Central Bank Digital Currencies and the Digital Euro Project

In this week's session (on Wednesday 9 March), I hosted Ulrich Bindseil of the European Central Bank (and author of the mesmerizing Central Banking Before 1800) and Natasha de Terán, coauthor of The Payoff, to discuss the pros and cons of central bank digital currencies (CBDCs) with a particular focus on the euro area.