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Epilogue: The Future

In: Money, Credit, and Crises

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  • Nektarios Michail

    (Central Bank of Cyprus)

Abstract

Previous chapters have provided a detailed overview of how the banking system functions. This chapter will not bore you with a recap of what has already been said. On the other hand, it will focus on how future developments can potentially affect the banking sector, including cashless societies, digital currencies and banks, cryptocurrencies, as well as potential policy options such as countercyclical bank capital buffers. While the possibility of a banking crisis will never be ruled out, and one can with certainty predict that there will be another banking crisis at some point, there is still room to blunt its effects and duration.

Suggested Citation

  • Nektarios Michail, 2021. "Epilogue: The Future," Springer Books, in: Money, Credit, and Crises, chapter 0, pages 227-234, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-64384-3_12
    DOI: 10.1007/978-3-030-64384-3_12
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