Imaginary worlds with volatile money

Negative skewness, or: bulls walk up stairs, bears jump out of windows On Twitter, Noah Smith asked: ClicheGuevara But why do not...

The dollarization of bitcoin

Readmore : Stablecoin Hike rates when you hear the creak of inflation at the door, not when you see the whites of its eyes Bitcoin s...

How monetary systems cope with a multitude of dollars

In the past few decades, the count has become incredibly heterogeneous. People can stuff with traditional paper bills, debit card, or a p...

Euros without the Eurozone

This 2 euro coin is issued by Monaco, which is not a member of the Eurozone Grexit not what people who need it. The standard argumen...

Stablecoin

Cryptocurrency whippersnappers who work in the field is incredibly fast. As I've said for a while, like bitcoin assets (or stock) ...

There won't be a drachma-induced recovery

₯ I grabbed both Lars Christensen and Brad DeLong made a presentation drachmas miracles Greece claims. Russ, for example, said: However...

A Visa/MasterCard theory of recessions

Statistical agencies use the data logger who walk up and down the aisles to collect sticker price like frozen French fries and a bicy...