alexander_rose_writer
Wed Aug 07 2024
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7 answers
1821
Should the US government be in the 'coin business'?
Should the United States government venture into the "coin business"? It's a question that has sparked heated debates among policymakers, investors, and the public alike. On one hand, proponents argue that issuing a digital currency could streamline transactions, reduce the cost of printing and distributing physical money, and even enhance financial inclusion. However, critics contend that such a move could undermine the dollar's status as the world's reserve currency, increase the risk of cyber attacks, and potentially lead to monetary instability. With these considerations in mind, what are the key factors that policymakers should weigh when deciding whether or not to embark on this journey?
