cash demonetization fungibility Gresham's Law seigniorage unit of account One country, two monetary systems I often write about odd monetary phenomena on this blog. Here's a new conte…
anonymity cross border payments fintech Libra payments SDR unit of account A fifty-year history of Facebook's Libra Last week, we finally got some information about what Libra's currency bask…
Billion Prices Project fintech Libra medium of exchange SDR sticky prices unit of account William Stanley Jevons Esperanto, money's interval of certainty, and how this applies to Facebook's Libra Facebook recently announced a new cryptocurrency, Libra. I had earlier specula…
cash ghost money medium of exchange Robert Shiller Unidad de Fomento unit of account William Stanley Jevons The Haitian dollar Haiti is home to a strange monetary phenomenon. Shopkeepers and merchants set p…
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…
Bank of England cash chopmarking coins legal tender scrip unit of account The ubiquitous Spanish dollar—a photo essay "The head of a fool on the neck of an ass." That's how Londoners …
bitcoin counterfeiting ghost money gold standard unit of account Chain splits under a Bitcoin monetary standard The recent bitcoin chain split got me thinking again about bitcoin-as-money, sp…