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Central Bank 'Money Drops' With Digital Currencies Could Fuel Inflation: Bank of America

CBDCs could facilitate central bank stimulus in the form of money drops, and lead to higher inflation, says BofA.

Updated Sep 14, 2021, 12:35 p.m. Published Apr 2, 2021, 12:25 p.m.
The U.S. government is disbursing economic impact payments directly to taxpayers. But there wasn't much bitcoin stimulus.
The U.S. government is disbursing economic impact payments directly to taxpayers. But there wasn't much bitcoin stimulus.