Political Quotes

Andy Barr: “I worry that a CBDC, even an intermediated CBDC, would still result in $720 billion in deposits leaving the banking…”

On the recordMay 25, 2022
I worry that a CBDC, even an intermediated CBDC, would still result in $720 billion in deposits leaving the banking system.
Said by
Andy Barr
Republican · Kentucky

Editor's note · Context

Expresses concern over potential deposit losses due to CBDC implementation.

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