Emanuele Canegrati
Sorry, on Inflation We Were Wrong | Over the last two months, top officials of the two most important central banks in the world, the Federal Reserve and the European Central Bank, have publicly admitted that they have made big mistakes in considering the 2021-2022 inflationary surge afflicting the global economy only as a mere “temporary” phenomenon …
International economics textbooks have always taught students that currency exchange rates in forex markets depend, among many other things, on the monetary policy stance chosen by global central banks. A famous rule of the thumb written by Keynesian Nobel laureate Paul Krugman in his ‘International Economics’, considered a true bible in the macroeconomic theory, explains […]
Many global central banks are developing projects to introduce own cryptocurrencies, and year-2020 could be the right one to observe the first examples …
This paper was presented at the III. ECAEF/CEPROM Conference on “Concurrent Currencies: Curse or Cure?” in Monaco on Dec. 6, 2018. These academic conferences in honor of Jacques Rueff are planned and organized by ECAEF (European Center of Austrian Economics Foundation, Liechtenstein) and hosted in Monaco by CEPROM (Center of Economic Research for Monaco). Abstract […]
Could Digital Currencies Make Hayek’s Denationalization of Money Dream Come True? And can a basket of cryptocurrencies be the new world monetary basis? Perhaps it is too early to answer these questions, as the cryptocurrencies and the blockchain revolution is only at its very beginning and digital moneys such as Bitcoin or Litecoin are still […]