Vibhu Vikramaditya

Vibhu Vikramaditya is the Don Lavoie Fellow at George Mason University's Mercatus Center. His research interests are in capital theory, monetary theory, and business cycles. He writes about economics issues from a legal and economic standpoint and with a pro-liberty outlook. His work can be found at Econlib,, Libertarian Institute, the Austrian Economic Center, Swarajya, and The Print. He can be reached at and on Twitter (@vibhu3333).

The Banking Risks of Central Bank Digital Currencies

The implementation of central bank digital currencies as the primary medium of exchange would exacerbate the flaws of our current fiat system which encourage banks to overextend credit and create liabilities that they cannot redeem. This will worsen the already recurring cycles of financial crises, writes Vibhu Vikramaditya.

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