On the Built-In Instability of Cryptocurrencies
Why volatility of cryptocurrencies is a feature, not a bug.
Read more...Category Archives: Payment system
Cryptocurrency Firms Regularly Lose Codes and Money
Cryptocurrency is more vulnerable to theft and loss than most of its fans want to believe.
Read more...Michael Hudson: Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony
Trump’s neocon extremists are burning the US dollar house down.
Read more...MMT’s Opening
Another go at clearing up press and pundit misrepresentations of MMT.
Read more...Bill Black: AOC# and MMT Spook the AEI
Right wingers go on tilt as AOC talks up MMT.
Read more...The Economics of Cryptocurrency Pump and Dump Schemes
Quelle surprise! Scammers have cooked up trading schemes to defraud upstanding cryptocurrency users.
Read more...War on Cash: State and City Governments Push Back
State and local governments are pushing back against cashless businesses, which exclude those who prefer to use or must pay with cash.
Read more...The Reality Is Everything Must Change
Why we need the biggest change program in history and must deploy state-created money to mobilize resources.
Read more...U.S. Treasury Sanctions Bitcoin Wallets For First Time
The long arm of US law reaches into bitcoin wallets.
Read more...You May Not Actually Own Your Bitcoin: Legal Expert
Yet another reason to be leery of Bitcoin and other cryptocurrencies.
Read more...How Trump’s Game of Chicken With Iran Could Weaken the Dollar’s Role as the World’s Currency
Politicizing the SWIFT payments system is leading other nations to the search for alternatives to the dollar.
Read more...J.D. Alt: Treasury Bonds Are Future Dollars
Clearing up fundamental misconceptions about US Treasury bond issuance.
Read more...Cryptocurrencies: Financial (In)stability and (Un)fairness
If private cryptocurrencies were to find widespread economic use, either coexisting with or fully displacing fiat money, the result would be increased financial instability, inequality, and social instability.
Read more...The Continuing Dominance of the Dollar
The dollar still rules. What could make that change?
Read more...Randy Wray: Modern Monetary Theory – How I Came to MMT and What I Include in MMT
A short history of MMT and and overview of core principles.
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