President of the European Central Bank Warns of Losing 'Anchor' (Control) Without CBDC

"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," fretted Christine Lagarde.

"Do we want to go back to those days [of free banking]? Probably not. I would say certainly not from our vantage point."

H/T: https://t.me/backtolife_2022