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CEPR Women in Economics
Finance and Fintech
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Women in Economics
Future monetary systems
Are we moving to a world where anyone can issue money? Lucrezia Reichlin, London School of Business, the third subject of CEPR & UBS’s Women in Economics profiles, looks to a future where the new crypto-currency technologies will be used for payment systems but the money behind them will remain as a monopoly of the central banks - fundamentally the value of money is guaranteed by the credibility of the state.