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Do We Need 'Public Money'? - Speech By Jon Cunliffe, Bank Of England, Deputy Governor, Financial Stability, Given at the OMFIF Digital Money Institute, London


Do We Need ‘Public Money’? - Speech By Jon Cunliffe, Bank Of England, Deputy Governor, Financial Stability, Given at the OMFIF Digital Money Institute, London
Date
13/05/2021
The Bank of England has issued banknotes for over 300 years. Jon Cunliffe talks about future of money in the UK in an increasingly digital world.
Speech
I want to talk today about whether we need ‘public money’. I should make clear that I am not talking here about public spending but rather about the form of money itself: by ‘public money’ I mean money issued by the state to its citizens for everyday use. ....

United Kingdom , Miranda Hewkin Smith , Julian Schelle , George Barton , Ben Dovey , Christina Segal Knowles , Andrew Hauser , David Copple , Jon Cunliffe , Lee Foulger , Andrew Bailey , Cormac Sullivan , Central Bank Digital Currency , Financial Policy Committee , Monetary Policy Committee , Pounds Sterling , Faster Payments System , Big Tech , United Kingdom Fintech Week , Task Force , Big Techs , Payment System Regulator , Financial Policy , Shiv Chowla , Ridheema Manek , Nicholas Butt ,