June 24, 2021· 47 min

Hyun Song Shin on CBDCs and the Future of Central Banking

Orality
Model
88%
Highly oral (epic poetry, sermons, hip-hop)

Speaker Breakdown

HostTracy Alloway(1,611 words)
M:28%
HostJoe Weisenthal(1,285 words)
M:28%
GuestHyun Song Shin(4,752 words)
M:93%

Oral Indicators

Agonistic40%
basically, very, absolutely
Engagement78%
you, our, your
Memory Aids100%
listen, so, like
Repetition100%
know (222x), think (97x), it's (60x)
Parallelism98%
And I'm Joe Weisenthal...., So not only are central banks ..., So for instance, we saw the Fe...
Sound Patterns37%
31 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases2%
i mean

Literate Indicators

Hedging11%
could, perhaps, probably
Passive Voice10%
been accelerated, is informed, is operated
Abstract Nouns25%
investment, business, inflation
Subordination7%
because, while, provided
Sentence Length56%
Avg: 19.0 words/sentence
Word Complexity49%
investment, analyze, anticipate
Academic Markers4%
according to
Impersonal Style22%
648 personal pronouns found
Descriptive Style83%
apply, particularly, exceptionally

Description

The world's central bankers are facing challenges the likes of which they've never seen before. We're in a unique moment for the macroeconomy, coming out of the pandemic crisis at a rapid clip. What's more, the nature of money is changing. Cryptocurrencies are on the rise. More commerce is becoming digital. The pandemic showed weaknesses in the existing payments system. On this week's episode, we speak with Hyun Song Shin, the Economic Adviser and Head of Research at the Bank for International Settlements on the future of central bank digital currencies, and other challenges they face right now. See omnystudio.com/listener for privacy information.