money

  This is part one of the series on cryptocurrency. Part two can be found here, and part three is available here. Over the past decade, the cryptocurrency sector has undergone a transformation so profound that it is barely recognizable today. Compared to the movement that first emerged with Bitcoin in 2009, there are virtually […]

  On July 17, the United States House of Representatives passed a bill prohibiting the Federal Reserve from creating a Central Bank Digital Currency (CBDC). Lawmakers consider the technology a threat to financial privacy and freedom, calling it incompatible with America’s fundamental democratic principles. The bill also codifies U.S. President Donald Trump’s executive order from […]

  Modern Monetary Theory (MMT) has shifted from academic margins into policy conversations because it presents a straightforward proposition: If a country issues its own currency, it need not fear deficits; the only binding constraint is inflation. For governments facing aging populations while preparing for strategic rearmament, green investment and industrial policy, this message is […]

  Shadow banking has been gaining attention in the mainstream financial press in recent months, and although this sector is still largely unknown to most people, it has the potential to significantly impact them. The term “shadow banking” typically refers to non-bank financial intermediaries that offer credit and other banking-like services outside traditional regulatory and […]

  The issue of peso appreciation in Argentina has been a growing concern since the beginning of the new government. The current monetary policy has chosen a monthly depreciation of 2% of the exchange rate in the face of inflation that has not yet converged to those levels. From the beginning, this spread has raised […]