Essays & News
Ralph Malisch wrote this excellent piece summarizing the XVII Gottfried von Haberler Conference in Smart Investor. For all who missed the opportunity to attend our key event this year, we republish the material. Central Bank Digital Currencies (CBDC) were the main focus of the discussions in 2023.
History shows that various monetary and exchange rate regimes can work well or poorly, depending on the countries’ circumstances and policies. Very similar beginnings but many different outcomes today – that is how one may sum up the history of monetary and exchange rate policy in the postcommunist countries of Central and Eastern Europe. Yet […]
Papierwährungen neigen dazu, über die Zeit kräftig an Wert zu verlieren. Kryptowährungen oder Gold bieten bis jetzt nur beschränkt brauchbare Alternativen. Sie sind aber wichtig, um Notenbanken und Politik zu disziplinieren. Read the whole material: NZZ zum Währungswettbewerb und der Haberler Tagung https://www.nzz.ch/pro-global/papiergeld-gold-und-krypto-was-wenn-das-geld-zerrinnt-ld.1738717?reduced=true
Despite the bipartisan standoff, Republicans and Democrats will likely come to a last-minute agreement to lift the public debt ceiling beyond the current $31.4 trillion. IN A NUTSHELL A compromise on revenue and spending is likely to emerge from talks Politicians have lost credibility because of repeated debt ceiling hikes An extended impasse threatens to […]