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| 02262cam 2200409zi 4500 |
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| 001 | 9.887327 |
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| 003 | CaOODSP |
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| 005 | 20221107171656 |
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| 006 | m o d f |
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| 007 | cr |n||||||||| |
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| 008 | 200513t20202020onca ob f000 0 eng d |
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| 040 | |aCaOODSP|beng|erda|cCaOODSP |
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| 041 | |aeng|bfre |
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| 086 | 1 |aFB3-6/2020-2E-PDF |
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| 100 | 1 |aArmelius, Hanna, |eauthor. |
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| 245 | 10|aIs central bank currency fundamental to the monetary system? / |cby Hanna Armelius, Carl Andreas Claussen and Scott Hendry. |
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| 264 | 1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c2020. |
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| 264 | 4|c©2020 |
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| 300 | |a1 online resource (iii, 17 pages) : |billustrations. |
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| 336 | |atext|btxt|2rdacontent |
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| 337 | |acomputer|bc|2rdamedia |
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| 338 | |aonline resource|bcr|2rdacarrier |
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| 490 | 1 |aBank of Canada staff discussion paper, |x1914-0568 ; |v2020-2 |
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| 500 | |aCover title. |
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| 500 | |a"Last updated: May 5, 2020." |
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| 504 | |aIncludes bibliographical references (pages 16-17). |
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| 520 | 3 |a"In this paper, we discuss whether the ability of individuals to convert commercial bank money (i.e., bank deposits) into central bank money is fundamentally important for the monetary system. This is a significant question since the use of cash—the only form of central bank money that the public currently has access to—is declining rapidly in many countries. The question is highly relevant to the discussion around whether central banks need to issue a retail central bank digital currency (CBDC). We conclude that depositors’ need for control could be a reason why cash or a CBDC is essential, even in countries with strong measures safeguarding commercial bank money"--Abstract, page iii. |
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| 546 | |aIncludes abstract in French. |
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| 650 | 0|aBank notes. |
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| 650 | 0|aDigital currency. |
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| 650 | 0|aBanks and banking, Central. |
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| 650 | 6|aBillets de banque. |
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| 650 | 6|aMonnaie électronique. |
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| 650 | 6|aBanques centrales. |
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| 710 | 2 |aBank of Canada, |eissuing body. |
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| 830 | #0|aStaff discussion paper (Bank of Canada)|x1914-0568 ; |v2020-2.|w(CaOODSP)9.806273 |
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| 856 | 40|qPDF|s351 KB|uhttps://publications.gc.ca/collections/collection_2020/banque-bank-canada/FB3-6-2020-2-eng.pdf |
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