Please choose one of the topics below.

Then, write an essay consisting of 3

paragraphs. Elaborate your own opinion with the references related to the topic that
you choose.
Given the increasing use of digital currencies and the potential for them to influence
traditional monetary systems, how do you think the rise of cryptocurrencies might
affect central banks' ability to manage inflation and ensure price stability in the
economy?
Jawaban :
• The rise of cryptocurrencies coulde potentially have a significant impact on
central banks’ ability to manage inflation and ensure prince stability in the
economy
One of the main challenges that central banks may face is the loss of control
over the money supply.cryptocurrencies operate idependently of traditional
monetary system and are not controlledby any central authority.this means
that central banks may have limited ability to influence the supply of money
in the economy through traditional monetary policy tools such as inters rate
adjustments and open market operation.
Additionally,the increasinguse of cryptocurrencies could lead to a decrease
in demand for traditional fiat currencies,which could potentially undermine
the effectiveness of central banks’monetary policy,if people start exchange
and store of value instead of traditional currencies,central banks may find it
more difficult to influence economic activity and inflation their monetary
policy actions.