I propose to Federal Reserve Chairman Jerome Powell that the Central Bank Digital Currency (CBDC) is a poor decision. Though some economists argue that accepting digital currency as a form of payment will provide financial inclusion for consumers and increase competition amongst private banks, however, the CBDC will create far…

Equality of opportunity is a situation of fairness where every individual regardless of socioeconomic background is treated similarly, unaffected by subtle biases and prejudices (Pistaferri, 2020). The credit market is imperfect and negatively affects the poor. The imperfection prevents poor individuals from investing because their wealth and disposable income fall…

Phillip Tran

Stanford University — B.A. Economics Concentration in Quantitative Finance; B.A. Data Science, Markets, Management Sociology

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