{"id":7467,"date":"2024-03-14T08:17:01","date_gmt":"2024-03-14T08:17:01","guid":{"rendered":"https:\/\/newmoneyreview.com\/?p=7467"},"modified":"2024-05-08T18:17:34","modified_gmt":"2024-05-08T18:17:34","slug":"the-us-should-issue-a-fedcoin-without-delay","status":"publish","type":"post","link":"https:\/\/newmoneyreview.com\/index.php\/2024\/03\/14\/the-us-should-issue-a-fedcoin-without-delay\/","title":{"rendered":"The US should issue a Fedcoin\u2014without delay"},"content":{"rendered":"<p>In <a href=\"https:\/\/blubrry.com\/newmoneyreview\/131500455\/the-us-should-issue-a-fedcoinwithout-delay\/\">the latest episode of the <em>New Money Review<\/em> podcast<\/a> I\u2019m joined by someone who says we\u2019re in the middle of a historic battle between the public and private sector over money. And it\u2019s one the state can\u2019t afford to lose, he argues.<\/p>\n<p>Our future global money will be digital, cheap and mobile, says Richard Holden, professor of economics at the University of New South Wales, Sydney, Australia, but it may be issued by a tech giant or an emerging economy rather than the Federal Reserve, European Central Bank or Bank of England. And that right to issue money will confer massive power on the winner of the digital currency race.<\/p>\n<p>In his new book, \u201cMoney In the 21<sup>st<\/sup> Century\u201d, Holden makes a passionate defence of state money and says the US central bank should get its act together and start issuing its own digital money, which he calls Fedcoin.<\/p>\n<p><a href=\"https:\/\/blubrry.com\/newmoneyreview\/131500455\/the-us-should-issue-a-fedcoinwithout-delay\/\">In the podcast<\/a>, we cover:<\/p>\n<ul>\n<li>Why should we go cashless?<\/li>\n<li>What about those who rely on physical cash?<\/li>\n<li>How should we go cashless?<\/li>\n<li>Why is it a problem if a private currency wins the digital currency race?<\/li>\n<li>Why should the US issue a \u201cFedcoin\u201d?<\/li>\n<li>Aren\u2019t faster payment systems enough?<\/li>\n<li>What did we learn from Facebook\u2019s digital currency experiment?<\/li>\n<li>China, the US and the geopolitics of digital money<\/li>\n<li>The future role of the banking system<\/li>\n<\/ul>\n<p><em>In each thirty-minute episode, the New Money Review podcast brings you the best minds from the world of money. <\/em><\/p>\n<p><em>From economics to payments, financial markets, technology, law, digital assets, crime and fraud, you&#8217;ll find an episode that interests you. <a href=\"https:\/\/blubrry.com\/newmoneyreview\/\">Listen in<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the latest episode of the New Money Review podcast I\u2019m joined by someone who says we\u2019re in the middle of a historic battle between the public and private sector [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":7466,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1013,1012,1053,1014,1011],"tags":[2251,2243,1091,2250],"class_list":{"0":"post-7467","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-account","8":"category-exchange","9":"category-featured-1","10":"category-payment","11":"category-value","12":"tag-fedcoin","13":"tag-mobile","14":"tag-money","15":"tag-richard-holden"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The US should issue a Fedcoin\u2014without delay - New Money Review<\/title>\n<meta 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