Central Bank Digital Currencies (CBDCs) could represent the greatest change to the financial system since Bretton Woods.CBDCs could completely revamp the global financial system as we know it, and ultimately, could re-engineer the nature of money itself.Everything from how credit is created, the role of central banks and governments in society, monetary and fiscal policy transmission, and monetary policy tools could be revamped via CBDCs.Investors will do well to educate themselves on the topic of Central Bank Digital Currencies, as their implications and consequences are immense.
