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Austan Goolsbee: evaluation

25 Jun 2025 Conversations with Tyler Austan Goolsbee on Central Banking as a Data Dog

“I think the thought that Grandma is going to have a CBDC and forget her password, and the Fed is going to have a customer service line that Grandma’s going to call and say, “How do I get my password back?”

— Austan Goolsbee

Source trail

Everything needed to verify it.

Speaker
Austan Goolsbee
Attribution
Verified speaker
Claim type
evaluation
Recorded
25 Jun 2025
Publisher
Conversations with Tyler

Transcript context

…Yes, but they ask you for advice. You’re a renowned economist. Congress has to set that policy. I think the thought that Grandma is going to have a CBDC and forget her password, and the Fed is going to have a customer service line that Grandma’s going to call and say, “How do I get my password back? ” I don’t know. I don’t see that. That seems pretty far from the world that the Fed’s going to focus in. CBDCs that are a wholesale thing, I at least have more understanding, and some of the central banks do that. But there, I wonder, how different is that from wire transfer? What does it mean? What does a wholesale — I mean retail, like we have retail stablecoins.…

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