LEADER 00632oam 2200181z- 450 001 996388539203316 005 20200818221656.0 035 $a(CKB)4940000000087723 035 $a(EEBO)2248544578 035 $a(EXLCZ)994940000000087723 100 $a20191209c1643uuuu -u- - 101 0 $aeng 200 12$aA continuation of certaine speciall and remarkable passages from both houses of Parliament ... [Issue 29] 210 $cPrinted for Robert Wood$aEngland 906 $aBOOK 912 $a996388539203316 996 $aA continuation of certaine speciall and remarkable passages from both Houses of Parliament .$92320862 997 $aUNISA LEADER 04078nam 22005655 450 001 9910672436303321 005 20251009082127.0 010 $a9783031239571$b(electronic bk.) 010 $z9783031239564 024 7 $a10.1007/978-3-031-23957-1 035 $a(MiAaPQ)EBC7202884 035 $a(Au-PeEL)EBL7202884 035 $a(CKB)26154730000041 035 $a(DE-He213)978-3-031-23957-1 035 $a(EXLCZ)9926154730000041 100 $a20230217d2023 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe Monetary Turning Point $eFrom Bank Money to Central Bank Digital Currency (CBDC) /$fby Joseph Huber 205 $a1st ed. 2023. 210 1$aCham :$cSpringer Nature Switzerland :$cImprint: Palgrave Macmillan,$d2023. 215 $a1 online resource (198 pages) 311 08$aPrint version: Huber, Joseph The Monetary Turning Point Cham : Palgrave Macmillan US,c2023 9783031239564 320 $aIncludes bibliographical references and index. 327 $aChapter 1: Core points for introduction -- Chapter 2: Tree-tier monetary system. Types of money, their creation and circulation -- Chapter 3: Dominant money. The bank money regime -- Chapter 4: Monetary sovereignty. Bank money as para-sovereign fiat money -- Chapter 5: Historical turning points in the composition of the money supply -- Chapter 6: Today's recomposition of the money supply -- Chapter 7: CBDC System Design Principles -- Chapter 8: Central banks and monetary policy under conditions of CBDC. 330 $aThe monetary system is at a turning point. The question is no longer if, but how soon countries will roll out a Central Bank Digital Currency (CBDC). This book discusses the recomposition of the money supply from the present bank money regime to a monetary system determined by CBDC. As the book sets out, the future of money is going to be digital and sovereign. Nonetheless, the relationship between the various types of money is competitive rather than being the peaceful coexistence that was officially envisaged. CBDC competes with the incumbent bank money as well as with private cryptocurrencies that are challenging both central-bank money as well as bank money. For technological and political reasons, bank money will not be able to emulate the superior properties of sovereign digital tokens. Uncovered and unwarranted cryptocurrencies, too, will not stand the competition in the long run. The shifts in the monetary system are changing the role of central banks in the interplay ofmonetary, fiscal and private-creditary functions and open up improved options for monetary policy. The book will be of interest to academics, researchers, and policymakers in monetary and financial economics, and digital currencies. Joseph Huber is Professor Emeritus of Economic Sociology at Martin Luther University, Halle Wittenberg, Germany. He is a pioneer of what is now known as ?green ethical banking? and is one of the founders of ecological modernization theory. He has written extensively on monetary policy and reform topics, is a longstanding policy advisor on matters of economic and ecological modernization and is actively involved in the international movement for monetary reform. 606 $aFinancial services industry 606 $aMacroeconomics 606 $aFinancial engineering 606 $aFinancial Services 606 $aMacroeconomics and Monetary Economics 606 $aFinancial Technology and Innovation 615 0$aFinancial services industry. 615 0$aMacroeconomics. 615 0$aFinancial engineering. 615 14$aFinancial Services. 615 24$aMacroeconomics and Monetary Economics. 615 24$aFinancial Technology and Innovation. 676 $a332.10285 676 $a332.102854678 700 $aHuber$b Joseph$0195665 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 912 $a9910672436303321 996 $aThe Monetary Turning Point$93044687 997 $aUNINA