⚡️🇪🇺 ARCHIVE - European Central Bank president Christine Lagarde admits that central bankers risk becoming obsolete without CBDCs.

"If we are not involved in experimenting, in innovating, in terms of digital central bank money, we risk losing the role of anchor that we have played for many, many decades."

"We have historical examples of periods where the central bank monetary anchor was not there... Do we want to go back to those days? Probably not. I would say certainly not from our vantage point."