“Cash Must Not Be Made the Scapegoat”
The ECB isn’t keen about the war on cash.
Read more...Category Archives: Currencies
Protests in Tunisia Over IMF-Promoted Policies….for Good Reason
Why the IMF’s standard prescription is a poor fit for Tunisia.
Read more...The International Economic Consequences of Mr. Trump
The Trump Administration sees no value in international economic institutions or cooperation, abandoning the role of steward of the system.
Read more...SEC Stymies Plans to Offer Bitcoin Funds Anytime Soon
SEC staff letter raises detailed concerns about offering products based on bitcoin or other cryptocurrencies to retail investors.
Read more...Nomi Prins: My Financial Road Map for 2018
Some crystal ball gazing for 2018.
Read more...Selling Out Argentina’s Future—Again
How Argentina’s new neoliberal masters are driving the economy back into its old debt crisis ditch.
Read more...Bitcoin -> Energy Use -> Pollution
Bitcoin uses a computation system to prevent fraud, but computation takes energy, which damages the environment, all at an increasing rate.
Read more...Remember, Remember the Eighth of November: India’s War on Cash Assessed One Year Later
One year after India launched its demonetization debacle, the economy remains cash based, and Modi has yet to pay politically.
Read more...Falling Pound Might Not Bring UK Trade Balance Boost
More confirmation that a cheaper pound won’t help the UK’s trade balance.
Read more...May to Plead With Merkel as Brexit Deadlocks Domestically Too; New Data Shows UK Lacks Foreign Reserves, Meaning Even More Vulnerable to Brexit
New data showing that the UK has negative net foreign assets throws even more cold water on the idea of a Glorious Brexit.
Read more...India’s Demonetization: No Impact on Black Money Despite Huge Costs It Imposed
India’s demonetization exercise was for naught, with the RBI reporting last week a scant 1% of banned notes not converted into new currency.
Read more...Trilemmas and Financial Instability
Examining national policy tradeoffs in a world of perhaps too much in the way of free and easy international money movements.
Read more...Don Quijones: People Not Amused by EU Efforts to “De-Cash” their Lives
EU survey results show respondents overwhelmingly oppose proposals to impose an EU-wide cash ceiling that would throttle use of cash.
Read more...Visa Trying to Bribe Merchants to Stop Taking Cash
The latest chapter in the War on Cash.
Read more...Why International Financial Crises?
Despite the high cost of financial crises, the world seems no closer to making needed reforms.
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