Luis Garicano on the Future of Digital Money and Lessons Learned from the History of the Euro

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  Welcome to Macro Musings,

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  where each week we pull back the curtain and take a closer look at the most important macroeconomic issues of the past,

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  present, and future.

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  I am your host, David Beckwith,

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  a Senior Research Fellow with the Mercatus Center at George Mason University,

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  and I'm glad you decided to join us.

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  Our guest today is Luis Garricona.

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  Luis is a former member of the European Parliament,

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  a professor at the London School of Economics, and a co-author of the new book,

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  Crisis Cycle, Challenges, Evolution,

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  and the Future of the Euro, alongside John Cochran and Klaas Massouk.

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  Luis joins me today to discuss his new book, as well as the future of digital money in Europe.

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  Luis, welcome to the program.

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  My pleasure to be here.

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  Thanks for inviting me.

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  Well, it's a real honor to have a past member of the European Parliament as well as an economist.

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  And I was really thrilled to meet you this past May in Stanford at the Hoover Monetary Policy Conference.

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  I love going to those conferences.

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  I always enjoy them.

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  But your panel was probably the best one there by far because it talked about the future of money,

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