MYTH BUSTING: No the Digital Euro Won't Reduce The EU's GDP
Once again, bank "shills" predict a CBDC apocalypse!
A Copenhagen Foundation report commissioned by the European Banking Federation makes the false claim that the digital euro will “permanently” reduce the EU’s GDP by anywhere between 0.12 to 0.34%.
What is sad is that this bank-sponsored paper joins last year’s paper by the American Bankers Association in attempting to use unrealistic worst case scenarios to stoke fear and stifle CBDC innovation.
Don’t fall for it!
Keep reading with a 7-day free trial
Subscribe to Cashless: Fintech, CBDC and AI at the speed of Asia to keep reading this post and get 7 days of free access to the full post archives.