Ensuring the supply of cash – including in times of crisis
15 June 2023 · Joachim Nagel , President of the Deutsche Bundesbank (Germany)
Summary written by Dark Majestic in its own words · topics: financial stability , payments, digital money and crypto-assets , development and emerging economies , technology, ai and cyber risk
JN 15 Jun 2023 · Joachim Nagel Wiki · Deutsche Bundesbank Wiki Ensuring the supply of cash – including in times of crisis Context Welcome message by Joachim Nagel, President of the Deutsche Bundesbank, at the 2023 symposium "Ensuring the supply of cash – including in times of crisis", Berlin, 15 June 2023.
Why it matters Nagel argues that cash must remain available when electronic payments fail.
Problems raised Digital payments attract more attention than cash. Electronic payment systems can fail in crises. People turn to cash in uncertain times. Solutions proposed Ensure cash supply in all circumstances. Strengthen the resilience of cash infrastructure. Keep cash available as a payment choice. Read full speech on bis.org ↗ More from Joachim Nagel · Deutsche Bundesbank · all speeches
More speeches by Joachim Nagel Other leaders on financial stability
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