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Currency Wars - Special report on the future of the monetary system The world economy may be on the verge of the largest upheaval of its monetary system in a century. The competition between freely-created cryptocurrencies and centrally-controlled central bank digital currencies is likely to dominate the economic debate in coming years. In this special report we analyze and outline the future of the monetary system, including the “currency wars” likely just ahead of us. The world is heading to what is likely to be the biggest upheaval of its current monetary system since the First World War and the collapse of the classical gold standard. In this special report, we analyze the scenarios the monetary system is likely to follow. More precisely, we concentrate on the two opposing and competing monetary developments: freely created cryptocurrencies and the centrally controlled central bank digital currencies, or CBDCs. Their “competition” is likely to bring a major upheaval i

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