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Showing posts with label Nick Rowe. Show all posts

Showing posts with label Nick Rowe. Show all posts

David Andolfatto fungibility Larry White medium of account medium of exchange Nick Rowe Scott Sumner

The difference between two colourful bits of rectangular paper

The difference between two colourful bits of rectangular paper

David Andolfatto had a provocative and open-ended tweet a few days back: The di…

Borges problem cash coins Dror Goldberg fiat money Nick Rowe Stephen Williamson

More fiatsplainin': let's play fiat-or-not

More fiatsplainin': let's play fiat-or-not

The (Great) Tower of Babel , 1563, Bruegel the Elder. "Therefore is the na…

bitcoin gold medium of exchange Nick Rowe stock market and equities store of value unit of account William Stanley Jevons

Store of value

LSD tabs like these ones have an incredibly high value-to-weight ratio When bit…

coins Nick Rowe Unidad de Fomento unit of account

Dictionary money

Dictionary money

Nick Rowe points out that if a central bank wants to control the economy's…

anonymity Bill Woolsey bitcoin cash Fedcoin fintech free banking George Selgin Kurt Schuler Larry White Narayana Kocherlakota Nick Rowe Scott Sumner stablecoin usury zero lower bound

Kocherlakota on cash

Kocherlakota on cash

Narayana Kocherlakota, formerly the head of the Federal Reserve Bank of Minneap…

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