ELI5 Central Banks - do crypto currencies make them obsol...

What this episode covers

What does a central bank do? What’s the difference between a central bank, a reserve bank and a monetary authority? Why are some people against having a federal reserve? What is a CBDC, a central bank digital currency? How is it different to crypto currencies? ... we explain like I'm five Thank you to the r/explainlikeimfive community and in particular the following users whose questions and comments formed the basis of this discussion: reingding13, yellowjacketcoder, ronquistador, rdavidson24, sakiliya, wrsaunders, litecow and cross_keynesian To the ELI5 community that has supported us so far, thanks for all your feedback and comments. Join us on Twitter: https://www.twitter.com/eli5ThePodcast/ or send us an e-mail: [email protected]

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How long is this episode of ELI5 Explain Like I'm 5: Bite sized answers to stuff you should know about - in a mini podcast?

This episode is 8 minutes long.

When was this ELI5 Explain Like I'm 5: Bite sized answers to stuff you should know about - in a mini podcast episode published?

This episode was published on July 7, 2023.

What is this episode about?

What does a central bank do? What’s the difference between a central bank, a reserve bank and a monetary authority? Why are some people against having a federal reserve? What is a CBDC, a central bank digital currency? How is it different to crypto...

Can I download this ELI5 Explain Like I'm 5: Bite sized answers to stuff you should know about - in a mini podcast episode?

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