Cryptocurrencies, Currency Competition, and the Impossible Trinity

With projects like Bitcoin and Facebook’s planned Libra cryptocurrency aiming for global status, what potential might cryptocurrencies have to disrupt national monetary policy?

This is the question Professor Uhlig will explore through his analysis of the interaction of two economies, each with their own national currency, and each also featuring significant volumes of transactions and holdings in the same cryptocurrency.  He will explore the additional challenges that central banks will face when cryptocurrencies become a ‘third party’ that influences the exchange rate between two national currencies.

Professor Martin Weale, Professor of Economics for King's Business School, will chair the conversation. 

Agenda

17.30: Registration opens

17.45: Doors

18.00: Welcome 

18.05: Harald Uhlig talk

18.50: Q&A 

19.10: Event finish

19.15: Drinks reception

About the Speaker: Macroeconomist Professor Harald Uhlig is Bruce Allen and Barbara Ritzenthaler Professor of Economics at the University of Chicago. He previously been Duisenberg Fellow at the European Central Bank and has also acted as a consultant for the Federal Reserve Bank of Chicago.