submission-to-payments-system-review-01-2021.pdf
1.1 MB
advances in digital technologies and the possible issuance of private stablecoins have prompted significant interest in the possibility of central banks issuing a new digital form of cash, known as retail central bank digital currency (CBDC).
Many central banks, including the Reserve Bank, have been exploring the case for CBDC and the various policy and technical issues it would raise. While the Bank recently concluded that, at present, there is not a strong public policy case for a general purpose CBDC in Australia, it is continuing to study the issue and to
monitor developments internationally.
47 Australia’s cash distribution system is still functioning well and its electronic payments system compares favourably with many other countries. In addition, the introduction of a CBDC would be a very substantial and costly project, involving uncertain demand from households to hold and use the CBDC. The availability of a CBDC could also have significant implications for the functioning of the financial system.
Many central banks, including the Reserve Bank, have been exploring the case for CBDC and the various policy and technical issues it would raise. While the Bank recently concluded that, at present, there is not a strong public policy case for a general purpose CBDC in Australia, it is continuing to study the issue and to
monitor developments internationally.
47 Australia’s cash distribution system is still functioning well and its electronic payments system compares favourably with many other countries. In addition, the introduction of a CBDC would be a very substantial and costly project, involving uncertain demand from households to hold and use the CBDC. The availability of a CBDC could also have significant implications for the functioning of the financial system.
Forwarded from Matlock (Re5iGam)
Forwarded from TRUTH PILLS 💊
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STOP CONSENTING ITS THAT EASY!
Forwarded from History of Revolution
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How the Weatherman (a Jewish communist terror group) infiltrated American politics
Forwarded from The Conspiracy Hole (Brody Hyde)
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Forwarded from The Conspiracy Hole (Brody Hyde)
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The Black Cube of Saturn EL
Semitic civilizations made reference to the ancient deity Saturn under the “El” agnomen. This spiritual animus represented eternity and the totality of existence, and was formally recognized as the progenitor of every conceivable metaphysical pantheon ascribed to such celestial personages. This omnipresent entity is synonymous with the black cube.
Semitic civilizations made reference to the ancient deity Saturn under the “El” agnomen. This spiritual animus represented eternity and the totality of existence, and was formally recognized as the progenitor of every conceivable metaphysical pantheon ascribed to such celestial personages. This omnipresent entity is synonymous with the black cube.
Forwarded from Order Of Alpha [Public Channel] (Order Of Alpha [Public Channel: https://news.1rj.ru/str/OrderOfAlpha])
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Special Force (GROM)
Whose America's best allies?
Poland, guess what G. R. O. M. Specialize in?
Whose America's best allies?
Poland, guess what G. R. O. M. Specialize in?
Forwarded from Order Of Alpha [Public Channel] (Order Of Alpha [Public Channel: https://news.1rj.ru/str/OrderOfAlpha])
freemasonry depths - OOA.docx
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