Many economists have strong opinions about the gold standard. Few seem to understand how a gold standard functions.
โข
Cash’s usage in payments has been steadily declining as a percentage of all payments, especially in the developed world. Given the list of cash’s advantages, it’s probably worth the effort of protecting this grungy and unsexy payments option. But what can we do?
โข
What decentralized finance really needs is something entirely new. Something that regular finance can’t replicate. Something so useful that regular consumers will desert their bank to use it. This killer tool hasnโt been created.
โข
It is the perfect time for Powell to set right the financial sector and establish a return to normalcy.
The benefits of higher education fall almost entirely on the recipient. So should the costs.
โข
In times past the monetary authorities confined these sorts of stringent measures to war-time. Perhaps they should stay that way.
โข
Cryptocurrencies are a different sort of financial technology from bank deposits, yet they are being shoehorned into the same category for regulatory purposes.
โข
A new type of financial institution could take root in the U.S. But the Federal Reserve seems determined to prevent this from happening.
โข
In a recent report, the Government Accountability Office recommends altering the metal content of the nickel and casts doubt on the benefits of suspending production of the penny.
โข
In a new report, the Government Accountability Office (GAO) considers the financial benefit of switching to a $1 coin.
Many economists have strong opinions about the gold standard. Few seem to understand how a gold standard functions.
โข
Cash’s usage in payments has been steadily declining as a percentage of all payments, especially in the developed world. Given the list of cash’s advantages, it’s probably worth the effort of protecting this grungy and unsexy payments option. But what can we do?
โข
What decentralized finance really needs is something entirely new. Something that regular finance can’t replicate. Something so useful that regular consumers will desert their bank to use it. This killer tool hasnโt been created.
โข
It is the perfect time for Powell to set right the financial sector and establish a return to normalcy.
The benefits of higher education fall almost entirely on the recipient. So should the costs.
โข
In times past the monetary authorities confined these sorts of stringent measures to war-time. Perhaps they should stay that way.
โข
Cryptocurrencies are a different sort of financial technology from bank deposits, yet they are being shoehorned into the same category for regulatory purposes.
โข
A new type of financial institution could take root in the U.S. But the Federal Reserve seems determined to prevent this from happening.
โข
In a recent report, the Government Accountability Office recommends altering the metal content of the nickel and casts doubt on the benefits of suspending production of the penny.
โข
In a new report, the Government Accountability Office (GAO) considers the financial benefit of switching to a $1 coin.
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