The Bank of England said the central bank survey results of electronic currency will promote the growth of GDP

The Bank of England said the central bank survey results of electronic currency will promote the growth of GDP

The Bank of England released the latest survey results show that the electronic currency bank of England will bring GDP growth.


This conclusion from this week’s issue of the report on the work of the electronic money issued by the central bank (hereinafter CBDC) will bring what kind of benefits for macroeconomic analysis.

It provides a clear picture of the financial system for bank managers.

The report says:

First of all, CBDC will cause the real estate market rate, tax rate and a decline in currency trading costs, brought nearly 3% growth for the GDP level stable second, CBDC regime provides a policy tool for policy makers, the quantity and price control CBDC issue to bring commercial circle stability,

Even so, the report stressed that the potential problems of this concept, the need for risk transfer to the new monetary and financial system in the process of keeping a clear mind,

A few months ago, the deputy governor of the Bank of England BenRobert in a speech on several of these concepts are explored in March when he proposed although such constitution can bring Management visibility, but also bring problems to the British bank deposit outflows, Broadbert is one of the Lords of an observer.

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