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#Currency
Harsh Gupta Madhusudan
harshmadhusudan
India has to aim to have a hard currency latest by the end of the 2020s. I think it is very doable. First need an open capital account. I don’t
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Thales of Tampa Bay
VarangianSkull
So y'all may recall @0x49fa98's quote "humans build markets like honeybees build hives."It's true.So what happens if you follow the emotional appeals of people who are all "abolish capitalism, abolish
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Marie Cachet
CachetMarie
About Bitcoin... Well. I have to say something. First, had we told people "you are going to use an electronic currency, with no physical equivalent possible", many would have hated
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Joseph Gagnon
GagnonMacro
Especially since the global financial crisis, the efficient markets hypothesis has not been in high repute. Yet, economists implicitly rely on that hypothesis when they downplay concerns about currency manipulation.
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Eric Brakey
SenatorBrakey
If you have nothing in your bank account — but no debts — you are richer than most Americans. We live under a regime of a perpetually devaluing currency because
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신념의사나이
Belposto_korea
The Transition from the old to the new.The QFS is alive and doing its snoopy thing, but it is not yet active with accounts. How is the old going to
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Vashishtha Doshi
vashtalk
. @andymukherjee70 rightly points out tht CHIPS, SWIFT, & USD formn core of US fin hegemony, but as @michaelxpettis & @M_C_Klein point out China has to accept a lot more
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Eric Falkenstein
egfalken
The developed world had an international gold standard from 1815 until the outbreak of World War I 1914, which was the greatest period of economic growth in recorded history. Fiat
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Daniel
DPogrebinsky
1) Bitcoin: Been thinking bout it some more. When the whole $gme craziness was happening & RH stopped letting ppl trade, all the bitcoin pumpers kept getting on tv saying
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Dr. Julia Coronado
jc_econ
There is no relationship b/w deficits & interest rates in the US & many other advanced economies. Centuries of dynamic institution building underpin our reserve currency status that allows rates
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Eric Tymoigne
tymoignee
Here is summary of my most recent paper published last june:1- monetary sovereignty: government issues an inconvertible currency, sets monetary laws, imposes dues to be paid with the national currency,
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Val Jester Locke
Neloangelo314
Think about a market collapse for a minute. If you're not fully grasping this, go to August 1929 and study up. Millionaires went to bed and woke up broke. Fast
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Margueritta
Marguerittacb
CBDC & lebanon CBDC is a hot topic of conversation worldwide & the world’s future payment ecosystem may be comprised of multiple digital currencies But Most importantly, Digital currency derives
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BhagwaanUvacha
Been off twitter for a while, but coming on to tweet something that could be worrying and needs to be monitored. The below is the chart of Chinese currency, the
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Victoria
VictoriaMBoyle
random fact I just remembered about my trip to Italy; you need to pay to use the public washrooms. its under 1 euro, but this can be super inconvenient for
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James Newburrie
DifficultNerd
Can we briefly discuss the core flaw in MMT? Under MMT you merge the central bank with the treasury - effectively removing independence of the reserve bank and putting it
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