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A new public digital dollar could be a big boost to American democracy

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Author: Jeffrey Sklansky

For the first time since the Lincoln administration introduced a national paper currency during the Civil War, the Federal Reserve may soon create a new kind of federal money: a digital dollar. Now as then, what matters most is not the material form of money but who makes and manages it.

Sklansky, Jeffrey. “A new public digital dollar could be a big boost to American democracy” The Washington Post (July 21, 2021), https://www.washingtonpost.com/outlook/2021/07/21/new-public-digital-dollar-could-be-big-boost-american-democracy/