Are Cryptocurrencies the First Crack in the Wall to Regulate Facebook?
Like Icarus, the social media monopoly is flying too close to the sun and generating much regulatory heat, which could eventually lead to its downfall.
Read more...Category Archives: Currencies
Facebook’s New Libra Digital Currency, Trust Issues (Many), and Sovereignty
Trust issues with Facebook’s Libra for users, regulators, and technically. And is Facebook seeking to become a sovereign?
Read more...How Italy Could Save the Euro
Italy is again threatening the Euro via a plan to introduce a parallel currency, the mini-BOT. Will this idea finally push the Eurozone to make overdue reforms?
Read more...The Inverted Yield Curve
Should we trust the recession warning the yield curve is sending?
Read more...Does Iran’s Economic Fate Depend on a Lifeline From China?
How China is likely to view defying US sanctions on Iran.
Read more...What Does It Mean to Live in a Multipolar World? We May Be About to Find Out
Possible American and EU responses to multipolar politics.
Read more...The Effectiveness of the Global Financial Safety Net Depends on the Tools and Shocks
This column evaluates the effectiveness of the use of IMF support and foreign reserves in globally driven crises
Read more...Why China’s Current Account Balance Approaches Zero
China’s once-hefty current account surpluses are falling away. What are the implications?
Read more...MMT, Models, Multidisciplinarity
Pavlina Tcherneva does the heavy lifting of debunking an off-the-mark attack on MMT by Noah Smith.
Read more...Money, Digital Cash and Cryptocurrencies: Privacy Matters
Using laboratory experiments, the column shows that privacy matters, and increases the overall appeal of money.
Read more...The Doomsday Economics of ‘Proof-of-Work’ in Cryptocurrencies
Why inherent problems with cryptocurrency liquidity are already leading to consideration of other methods for validating blockchain updates. They are likely to prove unsatisfactory and therefore call for verification by a trusted institution….defeating the rationale for cryptocurrencies.
Read more...On the Built-In Instability of Cryptocurrencies
Why volatility of cryptocurrencies is a feature, not a bug.
Read more...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...China Won’t Be Taking Over
Why China is fragile and starting to look wobbly.
Read more...