Sound Money Project
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Competitive Full-Reserve Banking
Historically, fractional-reserve banks have always won out against their full-reserve cousins. But times have changed.
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Money Is Privacy
Financial privacy does not get much attention from central bankers. But questions about privacy are becoming increasingly important.
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Central Banking for the Unbanked?
A new proposal would have the Federal Reserve provide interest-paying no-fee deposit accounts to the public.
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Monetary Exclusion
Whether Iran deserves to be re-embargoed is a complicated matter. But we know for sure that such embargoes put the dollar’s dominant role in the global payments system at risk.
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What’s Up With the $1 Coin?
As far as monetary reforms go, the $1 coin’s removal may not be very flashy. But it seems like a no-brainer.
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The Blockchain Threat Has Drastically Sped Up Cross-Border Payments
Facing competition from blockchain-based tokens, SWIFT has made significant upgrades we all benefit from.
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Bitcoin as a Novel Financial Game
Bitcoin and fiat money are not cousins. They are on entirely different branches of the family tree.
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Pricing the Anonymity of Banknotes
Banknotes are useful. Not only do they provide their owner with a standard set of payments services, they also offer financial anonymity. How might a government price the anonymity component?
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Bitcoin and the Dodo-Bones Theory of Money
The fact that Anderson’s theory of money seems to fail the Bitcoin test forces us to question our long tradition of issuing new coins that contain precious metals, or banknotes redeemable for some other, already valuable instrument.
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•
Competitive Full-Reserve Banking
Historically, fractional-reserve banks have always won out against their full-reserve cousins. But times have changed.
-
•
Money Is Privacy
Financial privacy does not get much attention from central bankers. But questions about privacy are becoming increasingly important.
-
•
Central Banking for the Unbanked?
A new proposal would have the Federal Reserve provide interest-paying no-fee deposit accounts to the public.
-
•
Monetary Exclusion
Whether Iran deserves to be re-embargoed is a complicated matter. But we know for sure that such embargoes put the dollar’s dominant role in the global payments system at risk.
-
•
What’s Up With the $1 Coin?
As far as monetary reforms go, the $1 coin’s removal may not be very flashy. But it seems like a no-brainer.
-
•
The Blockchain Threat Has Drastically Sped Up Cross-Border Payments
Facing competition from blockchain-based tokens, SWIFT has made significant upgrades we all benefit from.
-
•
Bitcoin as a Novel Financial Game
Bitcoin and fiat money are not cousins. They are on entirely different branches of the family tree.
-
-
•
Pricing the Anonymity of Banknotes
Banknotes are useful. Not only do they provide their owner with a standard set of payments services, they also offer financial anonymity. How might a government price the anonymity component?
-
•
Bitcoin and the Dodo-Bones Theory of Money
The fact that Anderson’s theory of money seems to fail the Bitcoin test forces us to question our long tradition of issuing new coins that contain precious metals, or banknotes redeemable for some other, already valuable instrument.