#Currency

Prathamesh Godbole

prathgodbole

If Bitcoin keeps going up like it is for the past year, what incentive do you have to spend it on anything as a currency? Every merchant can accept it,

All Possums Go to Heaven

AndyinDC1

Why do states issue currency? Some thoughts.1/ States all over the world, for thousands of years, have issued currency at great cost. They have to mint or print it, account

Elijah Bender

professor_jedi

In 1569, Takeda Shingen granted the priests at Omuro Sengen Jinja, a large shrine just north of Mt. Fuji along Lake Kawaguchi, lucrative rights to collect a property tax on

Alex Rampell

arampell

Today is August 15, the 49th anniversary of the de facto end of Bretton Woods, creating the fiat currency world we know today. Bitcoin’s birthday is October 31, 2008, but

Michael Pettis

michaelxpettis

1/4For nearly two years I've argued that we were going to see substantial increases in portfolio and FDI inflows into China, and so we are – to the point where

Michael Pettis

michaelxpettis

1/6There is so much upward pressure on the RMB that I suspect that regulators will do whatever they can next year to encourage outflows. The problem is that the more

Kenny

kenny_manager

HOW CAN CBN MAKE NAIRA STRONGAt present, $1 is around N400. Everyone that buys dollar does not like this exchange rate. What can CBN do? A thread.There are about four

Crypto Mami

xrp_mami

In 2013, the Department of Treasury and The Financial Crimes Enforcement Network (FinCEN) fined Ripple for not registering as a Money Services Business for selling the virtual currency XRP, and

Adam Townsend

adamscrabble

Quick Thread. You've heard of China's "Belt and Road" but do you know what it is? Are you too embarrassed to ask you're friends? Are they too embarrassed to tell

Jeff Deist

jeffdeist

The MMT argument made here: Treasuries aren't debt, they are "amplifying dollars" which pay interest. When mature they revert back to original currency form. So never a debt, just a

Drogon

drogon_dracarys

On possibilities for Biden’s picks to head financial regulators: OCC and SEC“These decisions will signal how much of a change in direction we will see among financial regulators: something transformative,

Hank Green

hankgreen

There's always been this group of absolute shits that have believed that gold is the one true currency and that investing in a yellow rock is the only true investment

Tinashe M

baba_nyenyedzi

1. It’s absolutely gratifying when ordinary people are interested in Economics & more specifically money & banking. Most Economists shy away from explaining concepts because they too don’t really understand

mike

mikekempphoto

I know this is a photography page, but I have been paying close attention to the financial trends that have put us in today’s situation. The institutions only have this

Linda Tsungirirai Masarira

lilomatic

1/ Dear @MthuliNcube It has been about two months since the auction system commenced. We commend how the system has managed to control the exchange rate, though it seems about

Timour Azhari

timourazhari

#Lebanon parliament convenes for a legislative session on Monday w/ 68 laws on the agendaHere's the important ones (+what's missing):-Amendment to domestic violence law + law criminalizing sexual harassment including

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